Wednesday, September 27, 2023
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Tether market cap slips as stablecoin ecosystem shifts

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Tether, the world’s largest stablecoin, experienced its first market cap dip in nine months. The decline comes as the stablecoin ecosystem undergoes significant changes, reshaping crypto market dynamics. Stablecoins dip Tether (USDT), a highly controversial digital asset in

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Bitwise Pulls Plug on Bitcoin and Ethereum Market Cap ETF Application

With the Bitwise ETF application gone, the crypto community is now awaiting the SEC’s decision on the remaining applications by WisdomTree, Invesco Galaxy, Valkyrie, VanEck, and Fidelity. In a surprising move, Bitwise, an asset management company based in San Francisco, has decided to withdraw its application for the Bitcoin (BTC) and

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Bitwise withdraws Bitcoin and Ethereum market cap ETF application

In an unexpected turn of events, Bitwise has submitted a request to retract its application for the Bitcoin and Ethereum Market Cap Strategy Ethereum Futures Contracts (ETF), initially filed with the Securities and Exchange Commission (SEC) on Aug. 3.While market sentiment turned bullish following Grayscale's SEC victory, Bitwise appears to

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Bitcoin may hit $100K by capturing ‘even 2%–5% of gold’s market cap’ — Hut8 VP Sue Ennis

The next Bitcoin halving event is less than 9 months away and the consensus opinion among analysts and investors is that the halving will send BTC price to a new all time high or even above $100,000. Despite this belief, the absence of fresh inflow to the crypto market, the current

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