The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient payment […]
Bitcoin Hits $98,367 Lifetime High, Nears $2 Trillion Market Cap
Bitcoin (BTC) achieved a historic milestone, reaching an all-time high of $ 98,367 per coin, just 1.66% shy of the coveted $ 100,000 mark. Bitcoin Approaches $ 100K, Eyes Market Milestone On Thursday morning at 6 a.m. Eastern Time, the leading cryptocurrency bitcoin (BTC) rose 5.2% against the U.S. dollar in the …
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June 9 to June 16, 2024, yet it has surged over 152% in the past year. This year, bitcoin has maintained a position above the $ 60,000 mark for a record-setting 107 days so far. Bitcoin’s Resilient Streak: Maintaining Highs …
Bitcoin Shatters Lifetime Price High Breaking the $69K Barrier
On March 5, 2024, at 10:03 a.m. (ET), bitcoin’s value eclipsed its previous lifetime peak against the U.S. dollar, ascending beyond the $ 69,000 threshold on Tuesday. This breakthrough in valuation marks a new all-time high (ATH), occurring 846 days since bitcoin last reached the $ 69,000 mark on Nov. 10, 2021. From …
Bitcoin Futures’ Open Interest Reaches Lifetime High, Surpassing 2021 Bull Run
Bitcoin’s value has been on an impressive rise over the past month, and by the start of the week, the leading digital currency surpassed the $ 57,000 range for the first time since Nov. 2021. This upward trend in value has stimulated bitcoin-based derivatives, causing open interest in bitcoin futures to hit an unprecedented …