Bitcoin, Ethereum, and several other major cryptocurrencies experienced a significant price decline of over 3% in a recent market sell-off. Bitcoin fell to around $61,979, while Ethereum dropped to approximately $1,763. This widespread decrease reflects growing investor caution and potential shifts in market sentiment. The downturn may impact short-term trading strategies and signals a volatile period ahead for the crypto market.
USDT stablecoin usage is growing rapidly in Venezuela, Argentina, Bolivia, and Turkey as citizens seek to protect their wealth amid currency depreciation and limited access to physical U.S. dollars. These countries face high inflation and economic in...
Tether's stablecoin USDT gained about 1.6 million new holders last week, significantly outpacing USDC's 591,100 new holders, showing stronger adoption despite a cooling stablecoin market. USDT's market cap is around $183 billion, about 2.5 times larg...
USDT deposits on Aave V3 increased by $526 million over three months, pushing total deposits to about $3.03 billion by late July 2026. This surge reflects strong demand for stablecoins in decentralized lending, with active USDT loans reaching $2.5 bi...
Circle and Tether, the leading stablecoin issuers, minted $3 billion in new tokens over two days, reflecting ongoing high demand for dollar liquidity on blockchain networks. Tether added $1 billion to its USDT supply, now around $183 billion, while C...
Tether has exited two Bitcoin mining operations in Uruguay following a conflict with the state utility UTE over electricity supply, leading to a halt in mining activities and losses of about $120 million. The dispute arose from differing interpretati...
