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Tether (USDT) Emerges as Prefered Stablecoin amid US Banking Crisis with Over $86B in Total Supply

The stablecoins market is expected to significantly grow amid the mainstream adoption of Bitcoin and other digital assets globally. The rise of the Tether (USDT) stablecoin has been undisputed for several years. The Tether (USDT) stablecoin runs on more than 10 blockchains including Ethereum, Binance Smart Chain, Polygon, and Tron, among

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SUI price drops 70% from market debut top amid excessive supply concerns

The price of Sui (SUI) has dropped sharply after its market debut across leading cryptocurrency exchanges.On May 5, the SUI price was $1.26 per token, down about 70% from its record high of around $4, established two days ago on Binance. Interestingly, on other exchanges like Kraken, the token’s market

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

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%

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Can Ethereum crack $2K? ETH price inches closer despite new unlocked supply

The price of Ethereum's Ether (ETH) token came just a few dollars from hitting $2,000 a day after the launch of the network's long-anticipated Shanghai upgrade.Ethereum ducks sell-the-news fearsOn April 13, Ether's price gained roughly 4% to reach an intraday high of $1,996 on Coinbase, ignoring the potential selloff pressure the

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The Bright Future of Supply Chain Management with Blockchain Technology

In today’s globalized economy, supply chain management plays a critical role in ensuring the smooth and efficient flow of goods and services. As supply chains become more complex and interconnected, businesses face increasing challenges related to transparency, traceability, and trust. One technology that promises to address these challenges and revolutionize

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Bitcoin ‘faces headwinds’ as US money supply drops most since 1950s

Bitcoin (BTC) and crypto may yet see a long-term correction thanks to central banks keeping liquidity tight, Bloomberg warns.In its latest research, Bloomberg Intelligence revealed cool stance on the ongoing 2023 crypto market rally.Bloomberg: Expecting BTC price to hold "may be illogical"Despite gaining 70% in Q1, Bitcoin is not convincing

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