Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed
While bitcoin (BTC) is already a restricted asset, Mike Caldwell’s Casascius bodily bitcoins take rarity to an entire new stage. Between 2011 and 2013, he...
DAI Emerges as Third-Largest Stablecoin, Overtaking BUSD in Market Capitalization
Makerdao’s DAI stablecoin is now the third-largest stablecoin by market capitalization, surpassing Binance USD (BUSD), which has formally declined to $4.304 billion. DAI’s market valuation...
Stablecoin Economy Reaches 20-Month Low as BUSD Redemptions Surpass 10 Billion Tokens in 3 Months
Three months have handed since Paxos made the choice to stop the manufacturing of recent BUSD tokens, complying with the directive issued by the New...
With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021
Statistics recorded on April 15, 2023, present that the variety of cash in circulation for the stablecoin BUSD dropped beneath the 7 billion vary to...
Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply
According to statistics, on March 26, the stablecoin financial system was valued at $135 billion, with the highest stablecoins representing $31.8 billion or 75% of...
USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement
The stablecoin USDC has almost regained parity with the U.S. greenback after rising simply above $0.99 on March 12, 2023, at 7:20 p.m. Eastern Time....
Circle Issues Update Amid Stablecoin Volatility; Firm Is Prepared to ‘Stand Behind USDC and Cover Any Shortfall’
On Saturday, March 11, 2023, Circle Financial up to date the general public about its stablecoin, USDC, and famous that the stablecoin’s liquidity operations will...
BUSD Stablecoin Drops from Top 10 Crypto Assets Amid Significant Decrease in Dominance
After Paxos introduced that it could now not mint the stablecoin BUSD, 4.98 billion BUSD stablecoins have been faraway from circulation thus far. The Paxos-managed...
Stablecoin Market in Flux: More Than $2 Billion in USDC Redemptions in 30 Days
It seems that the circulation of the stablecoin usd coin has decreased whereas tether’s has grown, as the most recent statistics paint a contrasting image....
Ethereum Liquid Staking Trend Continues to Swell; 5 Platforms Control 97% of Market
As of Feb. 7, 2023, the worth locked in 11 Ethereum-based liquid staking protocols has risen above $11 billion, with Lido, Coinbase, and Rocket Pool...