According to the most recent figures, Ethena’s USDE now boasts an APY of 67.2%, positioning it among the top annual percentage rates within the realm of stablecoin decentralized finance (defi). Furthermore, the supply of this stablecoin has expanded significantly, increasing by 414.6% in the last 30 days. Rapid Growth for Ethena’s USDE Currently, Ethena’s USDE […]
The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $ 66,800 and $ 67,000, whereas on the South Korean exchange Upbit, bitcoin’s …
As the 2024 US presidential election approaches, memecoins named after Donald Trump (TRUMP) and Joe Biden (BODEN) are experiencing significant fluctuations, reflecting their popularity and potential as prediction markets. The Trump-inspired TRUMP token has recorded a notable increase of 242.9% in a month and 17.9% in a week, while the Biden-inspired BODEN token surged by […]
As the cryptocurrency market swells to a valuation of $ 2.6 trillion, the leading stablecoin, tether, has achieved a market cap of $ 100 billion. Beginning from the start of 2024, tether has seen an addition of 8.27 billion tokens to its supply. From $ 300K to $ 100 Billion: Tether’s …
As bitcoin edges closer to its peak historical value, the meme token domain is outperforming many within the crypto economy, boasting a more than 38% increase over the last day. Just four days prior, the meme coin market’s valuation stood at $ 34.32 billion, only to soar to $ 61.59 billion today. From …