As of September, CoinGecko reports that the cryptocurrency ecosystem is significantly influenced by stablecoins, with Ethereum managing approximately $84.6 billion, representing 49.1% of the overall stablecoin supply.
Read MoreAs of September, CoinGecko reports that the cryptocurrency ecosystem is significantly influenced by stablecoins, with Ethereum managing approximately $84.6 billion, representing 49.1% of the overall stablecoin supply.
Read MoreAs October dawned, analysts and investors were filled with optimism, expecting a repeat of the historical bullish trend known as “Uptober.” However, this optimism was quickly overshadowed by shocking market movements, leading some observers to dub the month “Rektober.”
Read MoreBitcoin (BTC) is making headlines as it dominates the charts with a staggering $75 million in liquidations following a 2.9% price increase. Currently trading around the $62,000 mark, Bitcoin’s recent price action has led to significant market movements.
Read MoreBitcoin (BTC) is trading at $57,500, reflecting a 1.5% drop in the past day and nearly a 10% decrease over the past week. Despite holding a market cap of $1.1 trillion and commanding a 54% market dominance, the largest cryptocurrency is experiencing significant volatility.
Read MoreIn early trading hours, Bitcoin (BTC) surged above $60,000 before experiencing volatile swings within the $58,500 to $59,700 range. This fluctuation coincided with Marathon Digital Holdings Inc.'s announcement of a $250 million debt offering to acquire more Bitcoin, which significantly impacted market sentiment.
Read MoreAccording to a recent report from on-chain analyst EmberCN, a significant downturn in Ethereum (ETH) prices has triggered a series of liquidations among leveraged ETH whales.
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