Meme Token PEPE Plunges Below $1 Billion Mark Amidst Market Decline

May 9, 2023 Bitcoin.com

Meme Token PEPE Plunges Below Billion Mark Amidst Market Decline

7% loss

The recently launched meme token, inspired by Pepe the Frog and dubbed PEPE, experienced a 12% decline against the U.S. dollar on Tuesday, plummeting its market valuation beneath the $1 billion threshold to a present $790 million. Concurrently, the total meme coin sector faced a 7% loss against the dollar, with the top six prominent […]

Here’s Why ,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Meme Coin PEPE’s Market Cap Surpasses $1B with 896% Surge Over the Past Week

May 5, 2023 Bitcoin.com

Meme Coin PEPE’s Market Cap Surpasses B with 896% Surge Over the Past Week

Altcoins

As per the latest statistics recorded before the weekend, the meme token PEPE has witnessed a massive surge in value, following its recent listing on the crypto exchange Binance. In just seven days, the crypto asset has skyrocketed by 896% against the U.S. dollar, making it the third-largest meme token in terms of market valuation. […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

With Close to 10 Billion Stablecoins Redeemed, BUSD’s Supply Drops to Lowest Level Since April 2021

April 16, 2023 Bitcoin.com

Altcoins

Statistics recorded on April 15, 2023, show that the number of coins in circulation for the stablecoin BUSD dropped below the 7 billion range to 6.68 billion, marking the lowest number of BUSD in circulation since April 2021. Furthermore, data indicates that the supply of BUSD has shrunk by 19.8% over the past 30 days. […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Pancakeswap Launches Version 3 of Protocol on BNB and Ethereum Blockchains

April 3, 2023 Bitcoin.com

Binance Coin

On Monday, April 3, the decentralized exchange (dex) platform Pancakeswap launched version 3 of its protocol (v3) on the Binance Coin (bnb) and Ethereum blockchains. The new application aims to improve the performance of the dex protocol and reduce fees by implementing four levels of trading fees. New Features and Improved Capital Efficiency Offered in […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Arbitrum Airdrop Goes Live: ARB Price Drops More Than 85%

March 23, 2023 Bitcoin.com

Airdrop

On Thursday, the Arbitrum airdrop claiming process went live and ARB markets dropped more than 85% lower than pre-IOU market prices recorded the day before. Arbitrum airdropped just over a billion ARB tokens, or 11.6% of the total supply. At noon ET, more than 474 million tokens had been claimed. Wild Volatility for ARB Token: […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Stablecoin Trading Dominates Monday’s Crypto Market, Tether and BUSD Sell at Premiums

March 13, 2023 Bitcoin.com

arbitrageurs

On Monday, the crypto economy experienced significant market activity with $183.85 billion in global trade volume over 24 hours, with a large portion of those trades involving stablecoins. USDC traded near parity with the U.S. dollar, and several stablecoins, including tether and BUSD, sold at premiums. Tether reached a high of $1.04 per unit and […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release

March 5, 2023 Bitcoin.com

Access Codes

On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why. Uniswap Labs Launches Limited Early-Release […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Bybit Halts US Dollar Deposits via Bank Transfer Due to Service ‘Outages’ From Partner

March 4, 2023 Bitcoin.com

Advcash wallet

On March 4, 2023, cryptocurrency exchange Bybit announced that it had suspended U.S. dollar deposits via bank transfer. Bybit cited “outages” from its partner as the reason for the suspension of USD deposits via bank transfers and the SWIFT network. Bybit Suspends USD Deposits, Wire Transfer Withdrawals Open Until March 10 The cryptocurrency exchange Bybit, […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

TUSD Leverages Chainlink Proof of Reserve for Real-Time Verification of Stablecoin Minting

February 23, 2023 Bitcoin.com

Altcoin issuance

On Wednesday, the stablecoin project Trueusd announced that it is leveraging Chainlink Proof of Reserve (POR) technology to provide real-time verification for the minting of trueusd tokens. The trueusd crypto asset has a circulating supply of over 968 million tokens and is the sixth-largest stablecoin by market capitalization. Archblock Uses Chainlink to Verify Reserves Before […]

Here’s Why $9,000,0000,000 in Mt. Gox Repayments May Not Impact Price of Bitcoin Much, According to Galaxy Executive

Binance Increases USDC Holdings as BUSD’s Market Cap Slides Lower

February 21, 2023 Bitcoin.com

Auto-Conversion

Eight days ago, Paxos announced that the company would no longer mint the stablecoin BUSD. Since then, the coin’s market capitalization has been sliding lower as redemptions have become more prominent. Meanwhile, a data researcher from Nansen has discovered that Binance, the largest cryptocurrency exchange by trade volume, has increased its usd coin holdings by […]

trade volume

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