Tether, the world’s leading stablecoin issuer, has recently made a significant impact by integrating with The Open Network (TON). Since the collaboration was announced at the Token2049 conference in Dubai, Tether has issued $60 million worth of USDT on TON. This move not only marks Tether’s expansion to its 11th blockchain but also presents new
Opportunities
Dogecoin has been in the spotlight recently with its attempt at a recovery wave above the $0.150 resistance zone against the US Dollar. However, the journey ahead might not be as smooth as anticipated. The $0.170 resistance zone poses a challenge for DOGE and it could struggle to clear this hurdle. The current situation highlights
In a recent interview, Anthony Scaramucci, the founder of Skybridge Capital, shared his prediction that Bitcoin could potentially reach $200,000 after its halving event. This forecast comes at a time of considerable volatility in the crypto markets, driven by geopolitical tensions and economic uncertainty. Scaramucci emphasized the underlying demand dynamics supporting Bitcoin’s price, citing factors
The cryptocurrency market has been experiencing significant fluctuations, with Bitcoin’s price surging by 1.7% in the past 24 hours to hover above the $62,000 mark. However, cautionary warnings from CryptoQuant, a reputable crypto analytics platform, suggest that Bitcoin could face a substantial downturn to $52,000 if specific key levels are breached. CryptoQuant’s analysis points to
Bitcoin Cash (BCH) has recently faced a significant decrease in enthusiasm among investors, with its price plummeting by 20% over the last seven days. As of the latest update, BCH is trading at $484, following a similar downward trend to the overall cryptocurrency market, particularly Bitcoin. The leading cryptocurrency fell by 9% in the past
Elawn Moosk token has recently gained significant attention in the crypto market, following the trend of Elon Musk-themed tokens that have become popular among retail investors. The token experienced a rapid price increase, with a 24-hour change of +302%, trading at a market price of $0.0041. Despite a modest initial traction upon its launch, Elawn
After reviewing the recent analysis provided by crypto analyst Crypto Egrag, it is clear that there is significant speculation surrounding the future price movement of XRP. Egrag correctly predicted a price decline for XRP and is now forecasting a potential increase of between 1000% and 3000%. This bold prediction is based on historical data from
The recent analysis conducted by Bybit has brought to light a concerning issue in the world of cryptocurrency – a potential shortage of Bitcoin on exchanges by the end of 2024. The report indicates that if demand continues at its current pace, reserves could be completely depleted within the next nine months, with withdrawal rates
In the recent surge of meme coins, Peshi Cat (PESHI) has seen a massive 120x increase in value. However, upon closer inspection, it becomes clear that PESHI’s price movements are primarily driven by speculative trading and viral hype within the crypto community. With a current market price of $0.00000066 and a 24-hour change of -47.9%,
Recent discussions between House leaders and Senate Majority Leader Chuck Schumer may lead to action on stablecoin legislation during this summer’s session or in the year-end lame-duck session. House Financial Services Chair Patrick McHenry and ranking member Maxine Waters met with Schumer last week to deliberate on stablecoin legislation, a key area of financial technology