Tuesday, May 7, 2024
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Blockchain Bites: Bitcoin Crosses $11K While DOJ Takes Aim at Crypto

Ethereum’s success drives imitation. Just take a look at the latest report from the crypto-industry publication DappRadar: In the third quarter of 2020, Ethereum accounted for 96% of the total transaction volume over decentralized applications, including the blockchain-based trading and lending networks that have exploded in popularity in recent months. Prices for ether (ETH),

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Market Wrap: Bitcoin Breaks $12K; Uniswap Crosses $1.5B Locked

Bitcoin breached $12,000 again Tuesday, and traders see bullish crypto signals everywhere on the charts. Bitcoin (BTC) trading around $11,970 as of 20:00 UTC (4 p.m. ET). Gaining 2% over the previous 24 hours.Bitcoin’s 24-hour range: $11,524-$12,085BTC above its 10-day and 50-day moving averages, a bullish signal for market technicians.Bitcoin trading

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Tether Crosses $10B, Leaving Competing Stablecoins in the Dust

Crypto market data aggregator Messari reports that the market cap of leading stablecoin Tether (USDT) has surpassed $10 billion for the first time.Alongside Bitcoin (BTC) and Ethereum (ETH), Tether is now one of three crypto assets with an eleven-figure capitalization. Tether’s reported $10 billion market cap comes after year-to-date growth of

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