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news-imageOctober 24, 2024

USDT Market Cap Surges Past $120 Billion: The Roles of Tron and Ethereum

The world of cryptocurrency is dynamic and ever-evolving, and one of the most significant developments in recent months has been the meteoric rise of Tether (USDT). As of late October 2024, USDT's market capitalization has surpassed a staggering $120 billion, solidifying its position as the leading stable coin in the crypto market.
Publisher: The Currency Analytics
Sentiment: Positive
ETH
TRX

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Positive
cover-imageInvezz
October 24, 2024

SOL outperforms BTC and ETH amid ongoing selling pressure across crypto market

The cryptocurrency market is facing sustained selling pressure, leading to a shift in overall sentiment towards a downtrend. However, Solana (SOL), the fifth-largest cryptocurrency by market capitalization, is beating the trend as it gains attention from investors. Despite the bearish environment in the crypto market, SOL prices jumped 5% over the last 24 hours.

Negative
cover-imageBenzinga
October 23, 2024

Bitcoin, Ethereum, Dogecoin Correct: 'A Bounce From This Region Would Be Ideal,' Says Trader

Cryptocurrency markets are down on Wednesday, pushing crypto long liquidations to the highest since Oct. 15. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $66,169.96 -2% Ethereum (CRYPTO: ETH) $2,503.20 -4.8% Solana (CRYPTO: SOL) $170.11 +0.99% Dogecoin (CRYPTO: DOGE) $0.1364 -2.7% Shiba Inu (CRYPTO: SHIB) $0.00001738 -4.9% Notable Statistics: IntoTheBlock data shows large transaction volume inching higher by 0.7% and daily active addresses falling by 12.5%.

Positive
cover-imageUToday
October 23, 2024

Ethereum Founder Vitalik Buterin Made $5 on This

Ethereum co-founder Vitalik Buterin recently posted an intriguing anecdote on Twitter stating that he made $5 earlier this year by participating in prediction market arbitrage. This little sum was earned more for enjoyment than for profit, he acknowledged, adding that automated bots are probably taking advantage of these opportunities more frequently these days.

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