Tether’s capitalization reached $117.5 bln in August, adding over $3 bln over the past month and $26 bln since the beginning of the year. However, after the company’s USDT market cap fell to $66 bln in 2022, this metric has been expanding with virtually no corrections. What is the reason for this? The growth of […]...
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Vitalik Buterin has suggested two new airdrop options. He believes that the concept of free distribution of tokens in the airdrop format, which has become a trend in 2024 in the crypto market, needs to be revised. What could change and will it really change? Why would Ethereum, which cannot offer an airdrop, put forward […]...
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The number of investors holding $1 mln or more in cryptocurrency has reached 172,000, up 95% from a year earlier. This data follows from the Crypto Wealth Report-2024 by Henley & Partners. How should this rapid growth over the year be evaluated? And what contributed to it? The 95% YoY growth in the number of […]...
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Tether reported that since the launch of USDT in 2014, it has helped more than 145 law enforcement agencies in 40 jurisdictions return $108.8 mln in USDT related to illegal activity. But is this really a lot on the scale of the company, the planet, and the scope of fraud itself? On the scale of […]...
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A major block production outage occurred in the TON blockchain. The developers said it was due to unusual network congestion caused by the DOGS airdrop. Meanwhile, the TON network has been back up and running unstably together with the TG Wallet for several days now. To what extent could this situation affect the prestige of […]...
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Stablecoin capitalization is at a two-year high and has been generally on the rise all year. What is the reason for the growth? And who benefits from it? 1. Increased interest of institutional investors in the cryptocurrency market. Stablecoins are often used as an “entry gate” for large players. 2. Overall recovery of the cryptocurrency […]...
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The widely advertised DOGS token aroused considerable excitement when it debuted on crypto exchanges. Can it be taken seriously or is it just a flash in the pan? Its appearance may pursue several goals: 1. Creating a large community in the TON ecosystem with over 50 mln users. DOGS has already turned into one of […]...
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Popcat (POPCAT). The new POPCAT USDT perpetual contract was launched on August 22. It offers up to 75x leverage, which should be a positive when it comes to attracting large traders. After Binance launched the perpetual contract, one whale withdrew 39,816 SOL ($5.73 mln) from Binance to buy 10 mln POPCAT tokens, pointing to confidence […]...
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Binance could be backing away from an IPO for several reasons. First of all, the company is in good financial shape. CEO Richard Teng said that Binance became profitable in its fifth month of operation and continues to turn a profit. This means that the company does not urgently need to attract additional capital through an initial […]...
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Bitcoin holders will be able to earn passive income thanks to BTC staking. This became possible due to changes in the decentralized financial (DeFi) apps sector. Who stands to benefit? 1. Why does Bitcoin need staking? Bitcoin staking is an attempt to expand the functionality and attractiveness of the main cryptocurrency. Traditionally, Bitcoin runs on […]...
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