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Tag: market cap

USDE Drops to 5th Place Among Stablecoins as FDUSD Jumps Ahead

September 3, 2024 wp-bot Bitcoin News

Current stablecoin metrics show that USDE, the popular yield-bearing stablecoin, has slipped to fifth place among the top U.S. dollar-pegged tokens by market capitalization. Over

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Bitcoin Slides Below $58K as Market Plunge Wipes Out $178M

August 30, 2024 wp-bot Bitcoin News, Blockchain

After lingering around the $59,000 mark, bitcoin’s value has faced downward pressure, dipping to an intraday low of $57,775 on Friday. Over the past 24

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Ethena’s USDE Sees Market Cap Shrink by $770M in Less Than 2 Months

August 30, 2024 wp-bot Bitcoin News

Based on the latest data, Ethena’s yield-generating stablecoin, USDE, has experienced a dramatic contraction in supply since July 4, 2024. Over the span of less

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Paypal’s PYUSD Stablecoin Reaches $1 Billion Market Cap in Just Over a Year

August 26, 2024 wp-bot Bitcoin News, Blockchain

On Aug. 26, Paypal’s PYUSD stablecoin hit the $1 billion mark for the first time since its launch in August 2023. Initially rolled out on

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Tron Triumphs as Cardano Fades—ADA Drops From Crypto’s Top 10

August 19, 2024 wp-bot Bitcoin News, Blockchain

Based on recent market data, the cryptocurrency cardano (ADA) has fallen out of the top ten rankings, making way for tron (TRX) to take its

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Bitcoin ETFs See $36M Inflows as Ethereum Funds Shed $15M

August 17, 2024 wp-bot Bitcoin News

Recent data from U.S.-based bitcoin and ethereum spot exchange-traded funds (ETFs) collected by sosovalue.xyz reveal a mixed bag for these popular assets. On Friday, bitcoin

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