Statistics reveal that since the onset of February 2024, the stablecoin sector has experienced a significant expansion, with an increase of $ 1.7 billion in its economy. In the last 30 days, both usd coin and first digital usd witnessed their supplies jump by 9.6% and 40.3%, respectively. The Dual-Edged Sword of Stablecoin Growth …
Bitcoin Technical Analysis: BTC Navigates Tides of Low Volume and Market Swells
Gamefi Tokens’ Valuation Swells by $4.5 Billion, Eclipsing AI Crypto Sector’s Growth
Over the last month, the crypto market has seen appreciable gains, reaching a valuation of $ 1.4 trillion. Certain areas, however, have registered more pronounced increases against the U.S. dollar. Data reveals that the top gaming tokens from the game finance (gamefi) sector have experienced significant growth over the past week. From the onset …
Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%
After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed 157,000, prompting a rise in high-priority transaction fees to $ 3.38. Bitcoin Sees Renewed Congestion, With Transaction Fees Hitting New Highs …
Central Bank Gold Demand Swells in Q3 Amid Global Unrest
Central banks around the world maintained their appetite for gold in the third quarter of 2023, with their purchases totaling 337 metric tons, the World Gold Council’s (WGC) third-quarter report shows. Analysts from the council suggest that this steady central bank activity is indicative of a sustained, strong demand for gold, which may lead to […]