Nvidia outperforms Apple by 25x, ahead of 10-to-1 stock split

While stock splits are a sign of confidence in a companys future performance, they could introduce significant price volatility after the event.

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Binance calls on small and medium projects to combat low float, high FDV trend

Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.

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Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap

Pepe (PEPE), the meme coin featuring the popular character Pepe the Frog, has experienced a significant surge in value in the past week, rising by 152.9% against the U.S. dollar. Recent statistics indicate that PEPE’s market capitalization has surged from $141 million on April 22 to a current valuation of $303 million. PEPE Jumps 99% [...]

The post Meme Coin PEPE Surges by 152% This Week, Now the Fifth-Largest Meme Token by Market Cap appeared first on Crypto Breaking News.

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Crypto ETP Inflows Reach $226 Million Despite Declining Market Capitalization

Crypto ETPs saw $226M in inflows last week, led by Bitcoin, despite a 13.6% drop in Bitcoin's price. AUM falls to $133.9B amid market challenges.

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Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year

Data reveals that since the start of the year, the count of circulating wrapped bitcoins (WBTC) has diminished, plunging by more than 22,000 WBTC. Notably, a year-long assessment reflects an even more significant contraction, with over 86,000 WBTC evaporating from circulation since last July. A 12-Month Decline of 86,000 WBTC in Circulation The Wrapped Bitcoin [...]

The post Navigating the Wrapped Bitcoin Landscape: 86,000 WBTC Exit Circulation in One Year appeared first on Crypto Breaking News.

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Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes

The Makerdao collective is currently immersed in a discussion about the potential rise of the DAI stablecoin’s savings rate to 3.3%. This suggestion was introduced by Block Analitica and revealed to the community on May 26 under the title “Stability Scope Parameter Changes #2.” Block Analitica Proposes Raising DSR to 3.3% Risk and intelligence firm

The post Makerdao Considers Significant DAI Savings Rate Hike: 3.3% on the Horizon, If Vote Passes appeared first on BTC Ethereum Crypto Currency Blog.

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US Crypto Crackdown Hurts USD Coin

Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors. (Read More)

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Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback

As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD) in a recent blog post. However, the exchange temporarily halted FDUSD listings [...]

The post Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback appeared first on Crypto Breaking News.

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Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain

On Thursday, the stablecoin issuer Circle Financial announced that the euro-pegged crypto asset EUROC is expanding natively on the Avalanche (AVAX) blockchain. According to Circle, several decentralized finance (defi) protocols and projects are supporting the new AVAX-issued EUROC asset. Circle’s EUROC Stablecoin Finds New Home on Avalanche Blockchain About 11 months ago, Circle launched the

The post Circle Expands Euro-Pegged Stablecoin to Avalanche Blockchain appeared first on BTC Ethereum Crypto Currency Blog.

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Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs?

Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. The latest Macro Markets show begins by exploring why the crypto market capitalization is some [...]

The post Why have Bitcoin and crypto lost 60% of their market cap since their all-time highs? appeared first on Crypto Breaking News.

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Stablecoin Market Sees Fluctuations With Some Coins Gaining and Others Reducing Supply

According to statistics, on March 26, the stablecoin economy was valued at $135 billion, with the top stablecoins representing $31.8 billion or 75% of the $42.17 billion in 24-hour global trade volume across the entire crypto market. In the last two weeks since March 11, 7.06 billion USDC and 351.57 million BUSD have been redeemed. [...]

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Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience

The stablecoin economy continues to shrink, with more than $3 billion in value removed from today’s top stablecoin valuations in less than 40 days. The dollar-pegged tokens USDP and GUSD experienced the largest 30-day reductions, shedding 45.1% and 27.2%, respectively. Top Stablecoins Tumble: $3 Billion Evaporates in Less Than 40 Days Statistics reveal a significant [...]

The post Stablecoin Economy Sees $3 Billion Drop: Leading USD Tokens Shrink as Euro-Anchored Projects Display Resilience appeared first on Crypto Breaking News.

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Bored Ape Yacht Club’s Market Reign Crumbles as Rivals Take Center Stage

The Bored Ape Yacht Club (BAYC), a prominent non-fungible token (NFT) collection, has been experiencing a decline in its dominance. In the past 90 days, the minimum value of BAYC NFTs has plummeted from 64 ETH to just above 37 ETH. Furthermore, the floor value of the Cryptopunks NFT collection has been higher than BAYC’s [...]

The post Bored Ape Yacht Club’s Market Reign Crumbles as Rivals Take Center Stage appeared first on Crypto Breaking News.

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Institutional Interest Fuels Crypto Rally as Market Adds $110 Billion in 7 Days

During the past week, crypto assets increased in value by 9.62%, rising from $1.10 trillion to the current $1.21 trillion. Apart from the listed stablecoins, the top 20 crypto assets by market capitalization all experienced gains this week, as $110 billion was injected into the crypto economy. Crypto Market Surges, Rally Led by Pepe, Stacks, [...]

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Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market

Nestled in the second position of the cryptocurrency market cap hierarchy, ethereum (ETH) currently trades below the $1,900 per unit mark. However, the industry experts at Santiment predict a bullish upturn, indicating that the digital asset might claw its way back to the $2,000 territory in the coming month. In Santiment’s view, ethereum is reveling [...]

The post Ethereum Targets $2,000 Bounce: Santiment Predicts August Rally Amid ‘Eerily Quiet’ Market appeared first on Crypto Breaking News.

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Exploring Crypto Whale Concentration: Unveiling the Rich Lists of the Top 10 Cryptocurrencies

In the past ten years, a myriad of digital currencies have emerged alongside bitcoin, forming a cryptocurrency ecosystem now worth $1.2 trillion. Within this realm, enigmatic figures known as crypto whales have played a pivotal role in the distribution, trading, and accumulation of coins across various projects. This study delves into the ten most valuable [...]

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Crypto AI Economy Suffers $730 Million Loss in 2 Months as Interest Wanes

Less than two months ago, a collection of 74 listed cryptocurrencies centered around artificial intelligence (AI) amassed an impressive $4 billion valuation. However, the intervening weeks have seen a sharp decline in crypto-AI economy gains, with losses of $730 million. The three most prominent AI-driven crypto projects have all suffered double-digit losses, ranging from 10% [...]

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Pepe Token Surges 77% in 24 Hours, Leading the Top 10 Meme Coins’ Market Gains

In the aftermath of a downturn in the wider crypto market, the top crypto assets bitcoin and ethereum have each risen modestly, between 1.2% to 1.6%, over the past 24 hours. However, the meme token pepe (PEPE) has surged 77% against the U.S. dollar, and its market capitalization has swelled to $141 million, just $24 [...]

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Value Locked in Defi Rises Above $50 Billion Mark, Ethereum Dominates TVL by Blockchain

The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% Higher to Over $50 Billion With [...]

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ASIC Manufacturer Bitmain Unveils $38K Filecoin Mining Rig

Bitmain, the mining rig manufacturer, has announced the launch of a new rig that mines the digital currency filecoin (FIL). Similar to the company’s KAS Miner KS3, the new FIL miner carries a hefty price tag of $38,888 per machine. Bitmain Introduces On-Rack Filecoin Miner Bitmain announced Thursday that it will begin selling a newly [...]

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