Just days after breaking the 2021 record price, Bitcoin has surged even higher early Friday, setting a new all-time high price above $70,000. Bitcoin, the leading cryptocurrency by market cap, rose as high as $70,099 on Friday per data from Coinbase, beating the previous record price of $69,324 from Tuesday. It’s up 4% over the last 24 hours. The renewed…
According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in the last 30 days. Rapid Growth for Ethena’s USDE Currently, Ethena’s USDE […] Source: https://news.bitcoin.com/ethenas-usde-yield-hits-67-outpacing-most-stablecoin-returns/
Statistics indicate that the first digital usd (FDUSD), a recently introduced fiat-pegged token launched in August 2023, has risen to become the fourth-largest stablecoin based on market capitalization. Currently, FDUSD holds the fourth position in terms of 24-hour global trading volume. FDUSD Claims Fourth Spot Among Stablecoin Titans In the realm of U.S. dollar-pegged cryptocurrencies, […] Source: https://news.bitcoin.com/fdusd-climbs-the-stablecoin-ladder-fueled-by-trading-volume-and-supply-growth/
The latest figures reveal that the nine new spot bitcoin exchange-traded funds (ETFs) now control 390,525.3 bitcoins, valued at just over $26 billion at current market rates. These nine ETFs are rapidly approaching the holdings of Grayscale’s Bitcoin Trust (GBTC), which presently has 405,713.31 bitcoins in its possession. Emerging Bitcoin ETFs Challenge Grayscale’s Reign Collectively, […] Source: https://news.bitcoin.com/new-bitcoin-etfs-and-grayscale-control-a-combined-4-of-btc-supply-valued-at-53-billion/
Cryptocurrency has come a long way since the advent of Bitcoin in 2009. With numerous digital coins flooding the market, investors are left wondering which ones will stand the test of time and prove to be the best long-term investments. Hello! My name is Zifa, and I’m a passionate cryptocurrency enthusiast. For the past three years, I’ve dedicated myself to…
Cryptocurrency has come a long way since the advent of Bitcoin in 2009. With numerous digital coins flooding the market, investors are left wondering which ones will stand the test of time and prove to be the best long-term investments. Hello! My name is Zifa, and I’m a passionate cryptocurrency enthusiast. For the past three years, I’ve dedicated myself to…
SOL up 10%, Pantera raising $250m to buy from FTX. Market flat but spot buyers begin to drive volumes. Source: https://decrypt.co/videos/interviews/mDLO9pe3/live-with-raoul-pal
Wall Street titan Goldman Sachs has upgraded its rating on publicly traded crypto exchange Coinbase from “Sell” to “Neutral,” simultaneously setting a new price target of $282 for the cryptocurrency exchange’s stock. The upgrade, announced on Thursday, underscores a marked change in Goldman Sachs’ outlook on Coinbase, prompted by the recent bullish momentum in the cryptocurrency market. Earlier today blockchain…
Despite Montenegro’s High Court ruling for Do Kwon’s extradition to South Korea, the U.S. is not backing down. “The United States continues to seek Kwon’s extradition in accordance with relevant international and bilateral agreements and Montenegrin law,” the Justice Department told Bloomberg, highlighting the ongoing legal tussle over the Terra founder amidst charges linked to […] Source: https://news.bitcoin.com/us-continues-efforts-to-extradite-terra-founder-do-kwon/
DOGS ON TOP! ETFs see another $562m net inflow. Fear & Greed hits 90, was above for months in 2021. ETH leads majors, beta-plays take lead in altcoins. BlackRock to start buying BTC in its largest fund. MicroStrategy plans $600m capital raise to buy BTC. BTC flips market cap of Silver. WIF to be listed on Binance, rises 20%. PEPE…
