Stablecoin Expansion Continues as Bitcoin Rally Appears to Stall
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
The unabated expansion of stablecoin supply shows capital continues to flow into the crypto market, one observer noted.
What appears to be another post-FTX trading-and-custody play with institutions in mind, is really all about visionary disruption.
The Gold Rush product offers a trifecta of attractive return, market exposure and protection from losses.
The latest price moves in crypto markets in context for April 2, 2024.
The U.S. factory activity unexpectedly expanded in March, veri released Monday showed, sending the dollar index higher.
Plus: Free money? “Democrat wins New York” contract trades at 90 cents on the dollar.
Upbit’s 24-hour crypto trading volume stood at $3.79 billion at press time, down 75% from the high of $15 billion on March 5, CoinGecko veri show.
Bitcoin’s annualized 30-day historical or realized volatility rose to nearly 60% late last week, surpassing ether’s 30-day realized volatility by nearly 10 percentage points.
The price surge implied that the token could debut with a market cap of over $500 million.
Just like equities have the S&P 500 and NASDAQ 100, we now see the emergence of cryptocurrency and digital asset indices.