USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

USDS and RLUSD Stablecoins See Uptick in Supply Amid Broader Stablecoin Growth

The latest data highlights that the stablecoin market currently sits at $173 billion, with two recently introduced U.S. dollar-backed stablecoins showing significant growth. The decentralized finance (defi) project Sky, previously known as Makerdao, has minted 1.11 billion USDS, adding approximately 104 million coins to its supply over the past five days…  » …Read More

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Ethereum Investors Eye Gambling Token Mpeppe for New Profit Opportunities

Ethereum Investors Eye Gambling Token Mpeppe for New Profit Opportunities

Ethereum (ETH) remains a leading cryptocurrency in the DeFi space, holding the second-largest market capitalization after Bitcoin. However, recent price fluctuations have made it unstable, influenced by U.S. election trends, economic indicators, and global geopolitical situations. As a result, investors are increasingly compelled to diversify their portfolios in response to this market environment…  » …Read More

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Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

Stablecoin Liquidity Surges, JPMorgan Predicts Q4 Gains, and More — Week in Review

In September 2024, stablecoin liquidity hit record highs. Meanwhile, JPMorgan analysts predicted further Bitcoin gains, citing October’s historical “Uptober” trend. The FBI made headlines by charging 18 individuals involved in crypto fraud after setting up a fake crypto operation. Economist Peter Schiff warned of impending financial ruin unless the U.S…  » …Read More

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