Tuesday, May 21, 2024
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Cardano TVL outpaces Bitcoin’s, new token surging as Tether injects 1B USDT into Tron

According to recent news, Cardano’s total value locked (TVL) surged, surpassing Bitcoin’s. Also, Tether has increased its USDT reserve on Tron with an additional 1 billion USDT. Meanwhile, a new project, Everlodge, continues to gain traction. Cardano TVL overtakes Bitcoin In Q3 2023, the Cardano ecosystem experienced rapid expansion, attributed to heightened

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Tether’s Paolo Ardoino debunks FUD, discusses surging USDT market cap

Paolo Ardoino, Tether’s former CTO who is now the CEO of the leading stablecoin project, recently highlighted the company’s significant earnings and emphasized the global use of USDT as a hedge against inflation. Ardoino told the Wolf of All Streets Podcast that Tether (USDT) has grown in circulation over the past

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Bitcoin’s (BTC) Surging Perpetual Funding Rates Make Arbitrage Trades Attractive

The difference, represented by funding rates (that is, the cost of holding long/short positions in perpetual futures, also called perp premium), has surged above an annualized 10% across major exchanges, including Binance, according to Velo Data. Positive funding rates mean buyers, or longs, pay shorts to keep their leveraged bullish

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Google Data Reveals Surging Interest in Impending Bitcoin Spot ETF Launch

Many people across the globe are surfing the internet to understand the implications of the Bitcoin spot ETF approval and how they can maximize the benefits.  The buzz around the potential introduction of Bitcoin (BTC) into the mainstream financial sector through exchange-traded funds (ETFs) has gained the interest of everyday investors.

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Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

“U.S. equity and rates markets have broken some very key levels on the back of this, and reflexivity can take over with the bearish thesis from here,” the QCP wrote in a Telegram market update. “This macro move could seep into crypto markets and take BTC lower with it, albeit

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