Friday, March 29, 2024
Home > Regaining

Tether market cap eyes record high after regaining 65% stablecoin dominance

Tether (USDT) has emerged as a clear winner amid the ongoing banking crisis and crypto crackdown in the U.S.On April 17, the U.S. dollar-pegged stablecoin's circulating market valuation reached nearly $81 billion, just 1.5% below its record high of $82.29 billion from a year ago. It has grown about 20%

Read More

First Mover Asia: Bitcoin Below $40K Before Regaining Ground; Altcoins Fall

Good morning. Here’s what’s happening:Market moves: Bitcoin fell below $40,000 briefly as U.S. stocks continued to drop thanks to a newly hawkish Federal Reserve.Technician’s take: BTC buyers could respond to short-term oversold signals, although upside appears limited.Catch the latest episodes of CoinDesk TV for insightful interviews with crypto industry leaders

Read More