Stablecoin Turmoil: $1.53 Billion Redeemed in a Month Amid Declining Trade Volume
In the transient span from July 12, 2023 to August 6, 2023, the stablecoin economic system witnessed a staggering loss exceeding $1.53 billion in worth....
Bitcoin’s Rollercoaster Year: A 29% Gain From August 2022 to 2023 Despite Recent Dips
Over the previous 30 days, bitcoin has dipped by 5%, but the main cryptocurrency has seen a achieve of 29.05% from August 3, 2022 to...
AI Crypto Economy Suffers $1.42B Loss Since February Peak; Top Tokens Record Weekly Declines
In February 2023, the AI-driven cryptocurrency sector reached a staggering $4 billion in worth. Yet, it has since skilled a downturn of $1.42 billion. Over...
Aave Launches GHO Stablecoin on Ethereum Network
Aave, a outstanding lending protocol inside the decentralized finance (defi) sphere, has unveiled GHO, a brand new stablecoin, which is now stay on the Ethereum...
Dollar Reliance Shrinks — China’s LNG Deal With Qatar Challenges ‘Frenemy’ Status With US
This week, China and Qatar strengthened their bond by means of a major growth on Tuesday. China National Petroleum Corporation (CNPC) and Qatarenergy inked a...
Expert Claims Proposed BRICS Common Currency Poised to Undermine US Dollar Dominance
A latest report from China’s Global Times reveals that Zhou Yu, a world finance analysis director on the Shanghai Academy of Social Sciences, believes that...
Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week
As per the newest statistics recorded earlier than the weekend, the meme token PEPE has witnessed an enormous surge in worth, following its latest itemizing...
US-Saudi Tensions Escalate as Report Says Crown Prince Is No Longer Interested in Pleasing the United States
After Saudi Arabia and members of the Organization of the Petroleum Exporting Countries (OPEC) shocked the world by asserting cuts to grease manufacturing, a spokesperson...
Stablecoin Supply Plummets After Depegging Event: $7.4B Dollar-Pegged Tokens Withdrawn From Circulation
During the previous 11 days, over 7 billion USDC stablecoins have been withdrawn from circulation, with a lot of the redemptions occurring following the depegging...
NFT Marketplace Blur Launches Native Token, BLUR Price Drops 85% in a Matter of Hours
The Blur non-fungible token (NFT) market launched its native token this week, and customers who have been awarded token allotments obtained “care packages.” Blur tokens...