Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past mo...
Original source
Read on Bitcoin NewsRelated market context
Sui Processes $65 Billion in Stablecoin Transfers in Five Days After Zeroing Out Fees
The Sui blockchain has moved nearly $65 billion in stablecoins in five days, the payoff from a protocol change that made those tra...
Bitcoin Price and Crypto Stocks Surge as Iran Ceasefire, Strategy’s $100M Buy Collide With Fed Week
Bitcoin Magazine Bitcoin Price and Crypto Stocks Surge as Iran Ceasefire, Strategy’s $100M Buy Collide With Fed Week Bitcoin price...
Most of Ripple’s own stablecoin lives on Ethereum
The majority of the Ripple USD stablecoin is on Ethereum, the top competitor to Ripple’s XRP Ledger. Indeed, $879 million of the r...
Crypto News, June 15: Iran Peace Deal Roars Bitcoin, Japan $6.4 Billion Crypto ETF Market, WLFI and White House UFC Match
We woke up to a rare Bitcoin green candles as Trump’s Iran peace deal pumps the market, while Japan crypto ETF preparations show b...
Binance Research: April DeFi Exploits Triggered $13 Billion in Outflows
A wave of April exploits drove roughly $13 billion out of decentralized finance, sharply compressing total value locked and pushin...
Strategy Sold Shares and Bought $100 Million Bitcoin: This Is It? Bottom Was 2 Weeks Away?
Strategy just filed confirmation of a $100 million Bitcoin buy executed at an average of $63,024, which is unexpectedly before it...