The top stablecoins are booming on the layer-1 blockchain Tron (TRX), according to the crypto tracker Lookonchain. Lookonchain notes that the value of USDT and USDC on Tron surged by $2.17 billion in the past week. USDT and USDC are the top two stablecoins by market cap, respectively. The stablecoin issuer Tether minted another 1…
A closely followed analyst believes that the crypto markets are primed for a corrective move following strong rallies over the past couple of weeks. Pseudonymous analyst Altcoin Sherpa tells his 245,200 followers on the social media platform X that he thinks “a dip is going to come soon,” but he doesn’t see any reason to…
One of the top stock exchanges in the world has filed to list a spot-based exchange-traded fund (ETF) for the original memecoin. Nasdaq has officially submitted an application to the U.S. Securities and Exchange Commission (SEC) to list a Dogecoin (DOGE) ETF that will be sponsored by 21Shares, a financial firm specializing in crypto investments….
Crypto trader Michaël van de Poppe believes that altcoins are primed for a bull run following an extended bear winter. Van de Poppe tells his 784,800 followers on the social media platform X that three tailwinds are pushing crypto prices higher. At the top of his list is that financial conditions are starting to ease…
Blockchain intelligence platform Lookonchain is highlighting a trader who has profited handsomely from trading in Fartcoin (FARTCOIN), a memecoin built in the Solana (SOL) ecosystem. According to Lookonchain, the unidentified trader is once again going long on the crypto asset and has purchased 488,000 Fartcoin at a total price of $563,000. The trader had previously…
Sign (SIGN) price has jumped more than 80% amid multiple exchange listings, including on South Korea’s largest crypto exchange. Upbit plans to list SIGN trading pairs for Korean won, Bitcoin and Tether (USDT). Profit taking could derail Sign price momentum. Sign (SIGN) is up more than 80% in the past 24 hours, skyrocketing as multiple…
Widely followed crypto analyst and trader Inmortal says that one Dogecoin (DOGE) rival is in the early stages of a lengthy rally. The pseudonymous analyst tells his 232,000 followers on the social media platform X that Dogecoin competitor Floki (FLOKI) is just beginning its ascent. “+40%, no dips. We are just getting started.” Source: Inmortal/X…
Tether, the company behind several leading cryptocurrency stablecoins, including USDT, announced Wednesday that it holds $770 million in physical gold bullion reserves backing its Tether Gold (XAUT) stablecoin. Launched in 2020, XAUT is a digital asset pegged to the price of one ounce of physical gold. According to the new press release from Tether, each…
Monero (XMR) has outperformed the crypto market so far this week following what appears to be an attempt to launder stolen Bitcoin (BTC) through the “OG” privacy coin. Early Monday morning, XMR skyrocketed from $232 to $331 in about eight hours. In a post on the social media platform X, top on-chain investigator ZachXBT told…
Democrat Senator Jon Ossoff of Georgia is reportedly calling for Donald Trump’s impeachment, alleging that the president leveraged his memecoin to meet with certain people. According to a new report by CNBC, Ossoff told attendees at a town hall that Trump has already met the standard to face impeachment, but told them such a move…
