Tether invests $1.5M in Sorted Wallet to enhance financial inclusion in emerging markets, focusing on Africa and Southern Asia.
Pepe (PEPE) price, a popular meme coin, has recently experienced a significant rise in its market value. Currently, the price of Pepe remains steady above the critical support level.
Check out which meme coins witnessed a double-digit price rally in the last 24 hours.
The NEIRO coin has become a very demanding token of the market as it has not stopped making profits for its holders. Since its introduction at the beginning of August, the market has not been the most favorable, pushing every single crypto down.
As anticipation builds for a better October, frog-themed meme coin Pepe (PEPE) could be one of the first cryptos to gain. Nicknamed “Uptober,” the historically bullish month appears to be coming at the right time for PEPE's price.
PEPE price reclaimed the $0.00008 level on Sept 19, up 7% in 24-hours, amid rising market liquidity triggered by the US Fed Rate Cut announced on Wednesday.
The crypto market is bouncing back with the U.S. Federal Reserve finally cutting interest rates after four years since the 2020 COVID pandemic. Similar to the global markets, the Bitcoin price surpassed the $62,000 mark with a boost in altcoins.
South Korea's leading exchange, Upbit, is set to expand its offerings by launching MEW Bitcoin and USDT markets. The platform will start taking deposits and providing trading support on September 19th.
As Terraform Labs (TFL) gears up for its much-anticipated Chapter 11 bankruptcy hearing starting today, the crypto market is bracing for a potential plot twist.
Tether and Sorted Wallet are mostly targeting Africa and Southern Asia markets where there is limited access to traditional banking services.
PEPE shows potential for growth with bullish indicators, whale activity, and adoption.
Terra is one of the fastest-growing ecosystems, and LUNA is a central notion in its network. LUNA could keep going up to a maximum price, as there is a massive market for Terra LUNA coins. Recently, Terra Luna Classic (LUNC) is on the brink of a potential 50% price surge, aiming for $0.
The Terra Luna Classic price has been gradually increasing over the last month and a half, showing the project's potential to regain previous yearly highs. Today is a crucial day for the Terra Luna Classic community as it awaits the Chapter 11 bankruptcy hearing.
Tether's USDT continues to secure its dominant position in the stablecoin market. According to data from Token Terminal, USDT's market share grew to 75% from 55% in the past two years and the supply of USDT also nearly doubled during that period of time.
Despite big gains, some skeptics are still concerned about an impending collapse. Let's take a look at the PEPE coin price in more detail.
Crypto custodian BitGo just launched a new stablecoin, USDS. Will it find a place in a crowded market dominated by Tether and USDC?
PEPE and DOGS have re-gained critical support levels, hinting at the potential for a major rally that could end the current bear market.
Tether's September 18 report revealed that the company froze over 1,850 wallets linked to criminal activities across 45 jurisdictions, in collaboration with more than 180 agencies.
Tether, the company behind stablecoin USDT, has released its Q2 2024 attestation report, confirming reserves of $118.4 billion. As per the report, the reserves surpass the company's liabilities by $5.3 billion.
LUNC News: Terra Luna Classic successfully completed the v3.1.5 upgrade offering improvements including a critical security fix for wasmd, improved transaction efficiency, and preparedness for Tax2Gas implementation. The world's largest crypto exchange Binance expressed support for the Terra Luna Classic security upgrade.
Cryptocurrency firm BitGo has confirmed plans to launch the USD Standard (USDS) stablecoin in January next year. The USD-pegged asset aims to transform the crypto space by challenging single issuers such as Tether and Circle. The stablecoin market has long been dominated by players who prioritize profits over ecosystem growth.
Tether (USDT) bolsters financial transparency and law enforcement collaboration, enhancing global financial inclusion and security.
Crypto custodian BitGo is set to enter the stablecoin market with plans to launch a dollar-backed USDS stablecoin by 2025, according to a Sept. 18 statement.
BitGo, a leading name in crypto custody, is shaking things up. They're about to launch a new stablecoin called USDS in January 2025. But this isn't just another coin joining the crowd of stablecoins dominated by big players like Tether and Circle.
Binance announces support for the Terra Classic (LUNC) network upgrade, affecting deposits and withdrawals temporarily on September 18, 2024.
The team of developers that took over from the Terra Luna Foundation to build a robust web3 ecosystem has made significant strides in the Terra Luna Classic (LUNC) network.
USDT continues to dominate the market with a market cap exceeding 118 billion dollars.
Buyers appear ready to defend against the death cross as the CMF indicator has tipped north.
PEPE, Polkadot, ImmutableX, and Bittensor stand out amid a heightened focus on the Federal Reserve meeting and persistent fear within the crypto fear and greed index. A detailed look into individual cryptocurrencies reveals intriguing trends and future price predictions. PEPE price paints a bullish setup Currently trading at $0.
TON solidifies its position as one of the fastest growing blockchains through its latest stablecoin milestone.
Tether's stablecoin continues to dominate rivals, including Circe's U.S. Dollar Coin (USDC).
Unpacking the forthcoming reshaping of Terra Luna Classic's governance module: a necessary step against spam?
After going on an incredible run back in 2023, top Shiba Inu competitor FLOKI has swam into the mainstream of crypto investments. Its break toward the $1 billion market cap level solidified its position as one of the leading meme coins in the space.
A decline in USDT reserves could indicate reduced faith in a price recovery.
The Terra Luna Classic community has unveiled a proposal, that appears to have fueled optimism among market participants. The proposed upgrade aims to correct a major issue that was implemented mistakenly in a previous upgrade.
The largest stablecoin's market cap has almost doubled, while key rivals declined and new entrants have yet to challenge its position.
PEPE price has struggled to regain momentum since reaching its all-time high in May. The cryptocurrency has failed to show significant growth or recovery, with price action remaining lackluster.
Is PEPE still a strong contender in the memecoin segment? Binance ranking, profitability and address data reveal some interesting findings.
Tether's USDT, the number one stablecoin by market cap, is growing as part of the TON ecosystem. According to the TON team, the stablecoin reached a milestone recently, registering authorized issuance numbers exceeding $1 billion. However, TON clarified that only $720.6 million was in circulation, while $309.3 million were authorized but unissued.
Tether's USDT stablecoin now controls more than 75% of the stablecoin market, marking a substantial increase from 55% in 2022, according to data released on Sept. 16. The growth reflects the increasing demand for USDT as a trusted intermediary between fiat currencies and digital assets.
It appears that frog-themed Pepe (PEPE), the third largest meme coin is poised for a price crash following massive profit booking by whales in recent days. According to the crypto intelligence firm Santiment, PEPE whales and traders have realized significant profits of over $30 million in the last six days.
Pepe (PEPE) may be vulnerable to further price declines, despite an increase in whale accumulation. This potential drop underscores the disconnect between large holders' activity and broader market sentiment.
Terra Classic (LUNC) price is experiencing a downturn after several weeks of market recovery. This decline coincides with a broader downward movement in the cryptocurrency sector.
TL;DR Tether, the issuer of USDT, has increased its share of the stablecoin market to 75% over the past two years, according to Token Terminal. The company generated approximately $400 million in revenue over the last 30 days, following a record first quarter in 2024 with earnings exceeding $4.5 billion.
Tether now has 75% percent of the market share, which has increased from 50% within the past two years. In the past 30 days, the estimated revenue of Tether is $400 million.
As Bitcoin's price movement begins to acquire positive bullish momentum, the month of October appears to be promising for altcoins. Historically, when Bitcoin rises in price, this turns out to be a precursor of a bullish wave on the rest of the market, with other altcoins being discharged.
The world's largest stablecoin issuer generated around $400 million worth of revenue during the past 30 days.
Bitcoin (BTC) price correction that began on September 14 could end soon, triggering another reversal rally. One of the main reasons for this short-term pivot is the highly anticipated US Fed rate cut decision on September 18.