crypto economy

Crypto’s Wild Week: $190B Wiped Out as Markets Stage a Fragile Comeback

January 11, 2025 Bitcoin.com

bitcoin.com

Over the past week, the cryptocurrency market has faced a decline, shedding $190 billion since Jan. 4. However, by Friday, as the weekend nears, the market exhibited a modest recovery, posting a 2.2% gain over the preceding 24 hours. FAI and AIXBT Rocket While Crypto Economy Battles a Setback The past week has been turbulent […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Ethereum layer 2s hold $13.5B stablecoin supply

December 20, 2024 Coin Telegraph

Coin Telegraph

Ethereum layer-2 networks now lock over $13.5 billion in stablecoins, driving total market capitalization to $205 billion.

Stablecoins locked onto Ethereum layer-2 networks have reached a new all-time high, showcasing rising demand for cryptocurrencies.

The stablecoin supply to all blockchains combined is dominated by Tether (USDT), USD Coin (USDC) and Ethena’s stablecoin, USDe.

As of  Dec. 20, the Ethereum blockchain held $13.5 billion worth of stablecoins, according to data from Tie Terminal, a crypto data platform for institutions and Cointelegraph Markets Pro. The overall stablecoin circulation crossed $205 billion, showing the ecosystem’s growing relevance in real-world use cases.

Read more

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

BTC’s Future in Focus: 4 Key Factors That Could Drive or Stall Its 2024 Rally

October 4, 2024 Bitcoin.com

Bitcoin

At press time, the crypto economy is cruising at $2.14 trillion, following a modest uptick Friday morning. There are 88 days left in the year, 32 days until the 2024 U.S. Election Day, and 34 days until the Federal Reserve’s next meeting. With numerous developments, including rising tensions in the Middle East, a variety of […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

From $37B to $24.5B: DAO Treasuries Experience Significant Downturn

October 4, 2024 Bitcoin.com

bitcoin.com

In October 2024, the latest data shows that decentralized autonomous organizations (DAOs) hold $24.5 billion in treasuries, down by $12.6 billion since the end of March. Optimism’s DAO, which boasted $8.3 billion on Mar. 24, has seen its treasury shrink to $3.8 billion, making it the largest DAO treasury despite the decline. Decentralized Autonomous Organizations […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Crypto Market Holds Strong Despite Monday Dip: MOODENG and ETHW Shine

September 30, 2024 Bitcoin.com

artificial intelligence coins

The crypto economy had a fairly solid week, though Monday morning brought a bit of a dip. The market currently holds at $2.26 trillion, reflecting a 1.6% drop over the last 24 hours. Among the big winners, meme coin MOODENG took the spotlight, soaring by 400%, while ETHW snagged second place with an 82% rise […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Saudi Arabia Leads MENA in Crypto Growth for Second Year Running

September 26, 2024 Bitcoin.com

bitcoin.com

Saudi Arabia has emerged as the fastest-growing crypto economy in the Middle East and North Africa (MENA) region for the second consecutive year. Unlike other MENA countries, Saudi Arabia’s and Qatar’s crypto activity primarily stems from decentralized finance platforms. The majority of MENA’s crypto activity is driven by institutional and professional investors. Saudi Arabia’s Youth […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Stablecoin Economy Expands $1.08B in 2 Weeks Despite Reductions in Key Coins

September 7, 2024 Bitcoin.com

Altcoins

In the past 15 days, the stablecoin economy experienced modest yet steady expansion, adding $1.08 billion to its overall value. During this time, tether’s market capitalization increased by 790 million. Modest $1.08B Growth in Stablecoin Market Since Aug. 23 Growth in the stablecoin economy has slowed, though it continues to expand, as highlighted by recent […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

Crypto Economy Falls to $1.91T, 34 Coins Hit Hard With Double-Digit Declines

September 7, 2024 Bitcoin.com

Bitcoin

While bitcoin has dropped 7.6% over the past week and ether has slid 7.98%, many other assets have faced notable declines. The Tron-based SUN token took the hardest hit, plunging 23.61% to become this week’s biggest loser. On the flip side, helium (HNT) surged 27.23% within the same seven-day span. Bitcoin, Ethereum Slump as SUN […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

A Deep Dive Into the Top 10 L1 Chains by Daily Transfer Records

September 5, 2024 Bitcoin.com

Bitcoin

In Sept. 2024, data revealed that the top ten layer one (L1) blockchains hold a combined value of $1.66 trillion, a significant chunk of the $2.03 trillion crypto economy. This year, Bitcoin and Ethereum, the two biggest L1 chains, hit all-time highs in daily confirmed transactions. Yet, despite their progress, BTC and ETH still lag […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases

The Weight of Bitcoin’s Latest Freefall Pushes Crypto Market Below $2 Trillion 

September 4, 2024 Bitcoin.com

Bitcoin

According to the latest stats, bitcoin (BTC) has taken a 2.5% dip against the U.S. dollar in the last 24 hours and is down 5.8% over the past week. The top cryptocurrency hit an intraday low of $55,602 per coin, and by Wednesday morning just before 11 a.m. EDT, it was just skimming above $57,400 […]

Read more

MicroStrategy Shareholders Vote To Increase Number of Shares in Order To Fund Bitcoin (BTC) Purchases