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Tag: Market Capitalization

Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

May 26, 2023 wp-bot Cointelegraph

Cointelegraph analyst and writer Marcel Pechman explains why the cryptocurrency market has lost 60% of its market cap, with the S&P 500 only about 15%

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Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain

May 26, 2023 wp-bot Bitcoin News

On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle,

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Bitcoin Blockchain Continues to See Growth in Ordinal Inscriptions and BRC20 Tokens

May 21, 2023 wp-bot Bitcoin News, Blockchain

As of Sunday, May 21, 2023, over 8.3 million Ordinal inscriptions have found their place on the Bitcoin blockchain, accompanied by a count of 24,677

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Stablecoin Economy Shrinks by $7.3 Billion in 2023, USDC and BUSD Record Mass Redemptions 

May 21, 2023 wp-bot Bitcoin News

From the beginning of this year, the crypto economy has surged by 41.77%, reaching a current market capitalization of $1.17 trillion. However, amidst this growth,

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DRC20 Tokens Take Dogecoin Community by Storm, Driving Record-Breaking Daily Transactions on the Network

May 17, 2023 wp-bot Bitcoin News

With the BRC20 token economy maintaining a market capitalization of nearly $500 million, the introduction of the DRC20 token standard has sparked a flurry of

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Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

May 17, 2023 wp-bot Bitcoin News

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s

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Blockchain
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