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Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears $100 Billion

Stablecoin Demand in 2021 Skyrockets, Fiat-Pegged Token Economy Nears 0 BillionWhile most cryptocurrency markets are down today in value, dollar-pegged stablecoins have seen significant demand during the last 24 hours. Currently, the entire market valuation of all the stablecoins in existence is roughly $96 billion. The Rise of Fiat-Pegged Stablecoins Crypto assets like bitcoin (BTC) and ethereum (ETH) can be volatile and this has caused […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs Higher

Bitcoin’s Market Dominance Slides to 50%, While Ethereum’s Valuation Climbs HigherBitcoin dominance, the metric that measures bitcoin’s overall market capitalization against all the other crypto asset valuations has dropped considerably in recent weeks. At the end of February, bitcoin dominance levels started sliding downward from 61% to today’s 50%. Meanwhile, from the same point in time ethereum’s market capitalization has increased from 11.8% to today’s […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs

Crypto Economy Nears $2 Trillion, XRP Gains 37%, BTC Dominance Drops to 56%

Crypto Economy Nears  Trillion, XRP Gains 37%, BTC Dominance Drops to 56%Digital currency markets have seen some significant gains on Monday as the entire market capitalization of all 8,500+ cryptocurrencies in existence has jumped a few percentages. Bitcoin’s price has spiked a touch over 1.5%, but a number of other coins have seen much larger gains during Monday’s trading sessions. Market aggregators show the crypto economy’s […]

‘BITSANITY’ — Records broken with $70B in volume for Bitcoin stocks, ETFs