In the span of the past 85 days, the recently introduced stablecoin known as FDUSD has witnessed a significant surge in its circulating supply, soaring by 62% since the commencement of August. This surge in supply has propelled FDUSD into the echelons of the top ten stablecoins by market capitalization, while its market volume share […]
On October 24, 2023, bitcoin (BTC) experienced a robust 13% surge during the early morning trading hours, Eastern Time (ET). This rise catapulted bitcoin’s value to $ 35,108 per unit, propelling the entire cryptocurrency market upwards by over 10%. As the market soared, traders who had placed their bets against crypto assets like bitcoin …
Shiba Inu’s layer two (L2) scaling endeavor, Shibarium, has successfully crossed the 1 million wallet threshold since its inception, as evidenced by data from shibariumscan.io. Yet, the project’s native token, SHIB, has seen a decline of over 4% in the past week and a substantial drop of more than 18% in the previous month. Shiba […]