During Q4 of 2023, the stablecoin supply available to invest in crypto assets was $ 3.8 billion. This is the first time the net supply of the top five stablecoins has turned positive in nearly two years. In 2023, zero-knowledge (ZK) technology became one of the most consistent talking points in the crypto space. …
Bitcoin Outshines Gold: Digital Asset Surges 166% in 2023, Dwarfing Gold’s Modest 9% Gain
Gold achieved a record high of $ 2,117 per troy ounce on Dec. 3, 2023, yet its price per ounce has decreased by 5.33% in the previous week. Despite hitting this unprecedented peak, its year-to-date increase against the U.S. dollar is relatively modest at 9.9%. In contrast, bitcoin, the leading crypto asset in terms …
Tether’s Market Cap Soars by Over 35% to $90 Billion in 2023, Nearing Top 100 Global Assets
Tether, the leading stablecoin by market capitalization, has seen its supply increase by 5.5% in the last month, achieving a significant market valuation of $ 90 billion. Since 2015, Tether’s Market Cap Has Swelled by 35,912,812% Since the dawn of 2023, tether (USDT) has experienced substantial growth. Starting the year with a market value …
Bitcoin Miners’ November Revenue Peaks at $1.16 Billion, Setting 2023 Record
November marked a significant milestone in the 2023 revenue generated by bitcoin miners, reaching a peak of $ 1.16 billion. This month not only stood out in terms of total earnings but also set a record for the highest monthly fees collected by miners within the year. Bitcoin Mining Fees Soar to Yearly High …
3 out of 4 Web3 Games Launched Between 2018 and 2023 Now Inactive — Study
Between 2018 and 2023, 2,127 out of 2,817 Web3 games launched have either failed or are now inactive, an analysis by Coingecko has shown. The failure rate was the highest in 2019 (94.3%) and 2020 (94.4%) while in 2021, 339 out of 738 games failed, translating to a failure rate of 45.9%. 2020 Had the […]