Tag: Digital Assets
The Future of Stablecoins: Allaire Predicts Trillion-Dollar Expansion in 10 Years
The future of stablecoins looks promising, according to Circle CEO Jeremy Allaire. He predicts that stablecoins could capture 5%-10% of the global money supply over the next decade. This growth could lead to the...
UNI Outperforms in CoinDesk 20: Gains 6.3% as Index Climbs
UNI, the native token of the popular decentralized exchange Uniswap, has shown strong performance in the recent CoinDesk 20 index, gaining 6.3% as the overall index climbed. This positive movement reflects the growing interest...
Scroll’s SCR Token Market Cap Reaches $212M Amid Volatile Trading
Scroll's native governance token, SCR, made a splash in the market with a market cap of $212 million and a fully diluted value of $1.1 billion. Despite an initial trading price of $1.40, the...
Tokenized Gold: The Latest Addition to the Digital Gold Market
Swarm Markets, a platform that deals with real-world assets and is licensed by the German regulator BaFin, has partnered with OrdinalsBot to offer a new investment opportunity in the digital gold market. This collaboration...
Radiant Capital DeFi Protocol Loses $48 Million in Second 2021 Exploit
Radiant Capital, a DeFi protocol, recently fell victim to another exploit, losing a staggering $48 million in the process. This incident marks the second attack on the platform this year, raising concerns about the...
Bitcoin ETFs See Consistent Inflows for 6th Day Amid BlackRock Surge
Bitcoin ETFs continue to attract significant investment, with a sixth consecutive trading day of inflows reported amidst a surge in interest from institutional investors. On August 22nd, Bitcoin ETFs saw a total inflow of...
Tether Invests $3 Million in Kem to Boost USDT Adoption
Tether, the leading stablecoin issuer, recently made a strategic investment of $3 million in the Kem app to increase the adoption of its stablecoin USDT. This investment aims to help Tether reach new markets...
Bitcoin’s Future Brightens as Key Stablecoin Metric Hits 18-Month Low
Bitcoin has shown resilience in the face of recent market volatility, quickly bouncing back to nearly $60,000 after a drop below $50,000 last week. This recovery is supported by a key metric called the...
Poodlana Token: Don’t Miss Your Chance to Invest in 2024’s Hottest Crypto
Cryptocurrency prices saw a significant increase at the end of the week, with Bitcoin bouncing back from Monday's losses and rising from about $49,000 to over $60,000. Solana and Sui also experienced jumps in...
TOKEN2049 Singapore: World’s Largest Web3 Event with 20,000 Attendees
TOKEN2049 Singapore: World's Largest Web3 Event with 20,000 AttendeesTOKEN2049, known as the world's largest crypto event, is gearing up for its highly anticipated return to Singapore in 2024. The event will be held at...