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The total market capitalization of stablecoins has been increasing for nearly a year now, according to blockchain analytics firm CCData.
In a new report, CCData says the total market cap of stablecoins rose by $169 billion in August, up by 2.89% from last month.
The increase marks the 11th time in a row that the market cap for stablecoins broke the previous month’s record.
“This is the highest...
New data reveals that Bitcoin (BTC) mining in Texas has seen a 30% increase during the month of August as electricity prices in the state nosedive.
In a new thread, Pierre Rochard, the vice president of BTC mining firm RiotPlatforms, tells his 58,200 followers on the social media platform X that mining of the top crypto asset by market cap in Texas has spiked, surprising Bitcoin critics.
“Texas...
The CEO of Bitcoin (BTC) wallet and payments application Strike believes that the top digital asset could massively outperform all other assets for one key reason.
In a new interview with Peter McCormack on the What Bitcoin Did podcast, Jack Mallers says a loosening monetary policy plus Bitcoin’s finite supply could make it the top-performing asset this market cycle.
“Is this the cycle where...
Cybersecurity researchers say scammers have found a sophisticated way to drain bank accounts directly from ATMs – without needing a debit card in hand.
Experts at the cybersecurity software firm ESET say they’ve discovered a dangerous and unprecedented type of malware they’re calling NGate.
To begin the attack, scammers deploy a phishing technique to embed the malicious software in victims’...
Former President Donald Trump has teased the rollout of a new plan that he says will ensure American dominance in the crypto sector.
In a video posted to his X account on Thursday morning, Trump promised to release the plan later in the day.
“This afternoon, I’m laying out my plan to ensure that the United States will be the crypto capital of the planet. They want to choke you. They want to...
A widely followed crypto analyst believes that Bitcoin (BTC) is primed for an explosive breakout that could take it to new all-time highs (ATHs).
Pseudonymous crypto trader Inmortal tells his 215,300 followers on the social media platform X that Bitcoin could flip its ATH of about $74,000 into support within four months.
“New BTC all time high by EOY (end of the year).”
The analyst suggests...
A crypto analyst who nailed Bitcoin’s 2018 bottom six months in advance is turning bullish on Ethereum (ETH).
The analyst pseudonymously known as Bluntz tells his 273,300 followers on the social media platform X that the low for Ethereum is potentially in now that ETH tagged its lowest level in six months in August.
According to the trader, Ethereum is now on the verge of reclaiming a range with...
Largely followed crypto analyst Altcoin Sherpa is warning that more weakness is ahead for one large-cap memecoin.
The pseudonymous trader tells his 221,500 followers on the social media platform X that Dogecoin (DOGE) could depreciate by over 10% from its current level, even after bleeding more than 20% this month.
Sherpa says,
“Pains me to say it but DOGE probably keeps bleeding until the $0.08s...
A widely followed crypto analyst is updating his outlook on when Bitcoin (BTC) could pull off a reversal into bullish territory.
In a new video update, crypto strategist Benjamin Cowen tells his 809,000 YouTube subscribers that Bitcoin could continue to print bearish price action until the end of 2024.
“How long could the lower high/lower low structure go on for before the trend changes? I think...
A cryptocurrency trader and analyst is issuing a warning on the potential price performance of altcoins in the current cycle.
The analyst pseudonymously known as Sherpa tells his 11,399 YouTube subscribers that altcoins might perform poorly during the current cycle relative to other cycles and periods.
“Your altcoin might not do crazy multiples like it did earlier this year. It might not go to...