The growing popularity of stablecoins has seen the market cap hit a new high with USDT continuing to dominate the stablecoin market. New Market Cap High for Stablecoins The overall market capitalization of stablecoins across all networks hit $ 212.99 billion, setting a new record. This is according to data from Defillama, a decentralized …
$293 Peak High: Solana’s Growth Pushes Boundaries Amid Meme Coin Frenzy
On Jan. 19, at approximately 5:30 a.m. ET, solana (SOL) achieved a record-breaking milestone, climbing to an unprecedented $ 293 per coin. Since the beginning of Jan., SOL has advanced over 42% in value relative to the U.S. dollar. Solana’s Rapid Rise Leaves Traders Buzzing Solana has captured significant attention lately, shattering its previous …
Low-Cost Energy Meets High Hashrates: Bitfufu Eyes Major Oklahoma Mining Stake
Bitfufu has entered into a letter of intent to acquire a controlling interest in a 51-megawatt (MW) bitcoin mining facility based in Oklahoma. Bitfufu’s Strategic $ 0.03 per kWh Power Play As outlined in Bitfufu‘s announcement, the facility, located in an unpopulated region, is equipped with fully operational power and mining infrastructure. Electricity is …
Record Breaking $11.3 Trillion High for Spot and Derivatives Trading on Centralized Crypto Exchanges
The total trade activity on centralized exchanges reached an all-time high of $ 11.3 trillion, up 7.58%, according to the report by CCData. Record Numbers for Spot and Derivatives Trading The overall spot and derivative trading volume for centralized crypto exchanges (cexes) hit a record high of $ 11.3 trillion in Dec. 2024. …
XRP Market Update: Price Rockets to $3.30, Closing in on 2018 All-Time High
XRP’s price is cruising around $ 3.26 to $ 3.30 over the last hour, reflecting an 18% gain over the past 24 hours. During this period, trading volume more than doubled to $ 25.67 billion, while market capitalization swelled to $ 187.28 billion. The cryptocurrency traded within an intraday range of …