Bitwise President Praises Tether’s Successful Business Model
Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro…
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Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro…
On Thursday, Ethena Labs unveiled its new strategy to back USDE with bitcoin, enhancing the stablecoin’s foundation. The stablecoin, known for delivering yields in the double digits, has rapidly ascended…
Since its launch on April 2, the Ethena governance token ENA has experienced an 80% climb in value against the U.S. dollar, ascending from an all-time low of $0.532 per…
Discussions about adjusting Ethereum’s issuance curve due to staking concentration and other factors are taking place on social media, with some developers in favor and some against this change. A…
This month we have witnessed a continuous expansion in the stablecoin domain, eclipsing the $150 billion mark on March 20, 2024, with an infusion of an additional $1.4 billion into…
The leading meme token by market value, dogecoin, experienced an 18% increase on Thursday, climbing to $0.22 per coin for its first ascent to this level since 2021. The ‘Dog…
Over the past week, the stablecoin trueusd (TUSD) experienced a notable decrease in its supply. As of March 19, 2024, the circulation was approximately 1.1 billion TUSD, which then plummeted…
Amid a widespread downturn in the cryptocurrency markets this week, tokens based on artificial intelligence (AI) have nevertheless attracted billions of dollars in additional investment. In the last month, the…
The stablecoin sector achieved a significant milestone on March 20, 2024, hitting the $150 billion mark as the dollar-anchored market continues its expansion. In the last five days, the stablecoin…
Over the past week, bitcoin and ethereum faced declines, while a number of alternative cryptocurrencies enjoyed significant appreciation. Notably, JUP soared by 99.5% against the dollar, with WIF climbing 42%…