$5.8 Billion Burned: Second Largest Crypto Network Records 2 Million Ethereum Destroyed in 7 Months

March 21, 2022 Bitcoin.com

This week, the Ethereum network’s burn rate reached a milestone by surpassing 2 million ethereum burned worth $5.81 billion since August 5, 2021. Metrics show the crypto network has a 24-hour burn rate of 1.74 ether per minute, which equates to roughly $5K worth of ether destroyed every 60 seconds. 2 Million Ethereum Burned, More […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over $6.9 Billion

February 26, 2022 Bitcoin.com

Ethereum After 1559: Network Nears 2 Million ETH Burned Worth Over .9 Billion

1915220 burned

Approximately 205 days ago, the Ethereum network upgraded via the London hard fork which implemented the packaged Ethereum Improvement Proposal (EIP) 1559. Since then, the EIP-1559 upgrade made it so a fraction of gas is destroyed during the transaction process and to date, 1,915,220 ether has been burned worth over $6.9 billion using today’s exchange […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Stablecoin Issuance Surged Last Year — UST Saw the Largest 12-Month Increase

January 30, 2022 Bitcoin.com

Altcoins

Stablecoins have become prominent payment rails in the world of cryptocurrencies commanding $177 billion in fiat value today. The top ten stablecoins by market capitalization represent the largest share of the value in the fiat-pegged coin economy and many of these tokens grew exponentially last year. Terra’s UST stablecoin grew the most last year, jumping […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Expanding Crypto Market Caps by 500% to 1,300%: Stablecoin Issuance Saw Significant Growth Last Year

January 11, 2022 Bitcoin.com

Altcoins

As crypto-assets grew immensely in value last year, the growth of the stablecoin economy swelled as well and today, there’s $170.24 billion worth of stablecoins in circulation. Data indicates that over the last 12 months, a slew of stablecoin valuations grew exponentially. 12-Month Stats Show Stablecoin Market Valuations Saw Massive Growth Last year, numerous crypto […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Stablecoin Economy Jumps 3.5% in 2 Weeks to $167 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

December 25, 2021 Bitcoin.com

Stablecoin Economy Jumps 3.5% in 2 Weeks to 7 Billion, Fiat-Pegged Tokens Command Over 60% of Crypto Trades

Altcoins

Since December 8, the stablecoin economy has grown 3.59% in 17 days as numerous stablecoin market valuations have issued more fiat-pegged tokens this month. On Saturday, December 25, the stablecoin economy’s $167 billion market valuation represents 6.68% of the entire $2.49 trillion crypto market economy. Stablecoin Issuance Jumps 3.5% There’s a great number of stablecoins […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Stablecoin Economy Surges Past $150B, Stablecoins Command Over 50% of Global Crypto Trade Volume

November 26, 2021 Bitcoin.com

Stablecoin Economy Surges Past 0B, Stablecoins Command Over 50% of Global Crypto Trade Volume

Altcoins

A great number of digital currencies have swelled in value this year and as the end of 2021 approaches, the market capitalization of all 11,000+ crypto assets in existence is roughly $2.6 trillion. These days, it’s safe to say that dollar-pegged tokens, otherwise known as stablecoins, have a strong presence in the crypto market. Today […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

Big Three Credit Agency Fitch Says Stablecoin Growth Could Be ‘Disruptive’ to Securities Markets

October 18, 2021 Bitcoin.com

Algorithmic

American credit rating agency Fitch Ratings, one of the ‘Big Three’ credit rating agencies, has published a report that says stablecoin growth could affect securities and commercial paper (CP) markets. The agency says stablecoins could be “disruptive” and “stablecoin-related turbulence” could “transmit shocks” to other markets. Fitch Ratings: ‘Stablecoins Could Be Disruptive for CP Markets’ […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex $42.5 Million

October 15, 2021 Bitcoin.com

CFTC Fines Stablecoin Issuer Tether and Crypto Exchange Bitfinex .5 Million

$42.5 Million

On Friday, October 15, 2021, the U.S. Commodity Futures Trading Commission (CFTC) announced that it had ordered the company Tether Holdings Limited and Ifinex Inc., the parent company of Bitfinex, to pay fines totaling $42.5 million. The CFTC accuses Tether of “making untrue or misleading statements and omissions of material fact in connection with the […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

SEC Denies Freedom of Information Act Request Concerning Tether Documents

September 26, 2021 Bitcoin.com

Bennett Tomlin

On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests and said the responses were “withheld because of […]

Analytics Firm Issues Cardano Warning, Sees ADA Flashing Bearish Signals After 200% Rise This Month

As Leading Cryptos Dip Lower in Value, Elrond, Osmosis, Tron, Cosmos Token Values Climb

September 12, 2021 Bitcoin.com

24 hour gains

On Sunday, digital currency markets have seen some slight improvements but overall since September 6, 2021, the $2.21 trillion cryptocurrency market capitalization is down 9.79% from $2.45 trillion. While dominant coins like bitcoin and ethereum have slid between 8-12% during the last week, a number of other digital assets have seen double-digit weekly gains and […]

Tether (USDT)