The aggregate stablecoin supply has witnessed significant expansion since October 2023, experiencing a notable monthly increase of $4.17 billion in December—an unprecedented surge not seen since March 2022. This surge has propelled the current market capitalization of all stablecoins to an impressive $128 billion. Since Oct 2023, the Aggregate Stablecoin Supply has been experiencing an […]
UMA Token Surges 91%, Reaching Yearly High With $300 Million Valuation
The native token of the Universal Market Access (UMA) protocol, UMA, has experienced a remarkable surge, soaring over 91% in the past 24 hours to achieve a yearly high of $4.101, bringing its market valuation to $300 million. This surge was accompanied by an impressive 2943% increase in trading volume, reaching $421 million. Reports indicate […]
Trump’s Mugshots Spark Frenzy on Bitcoin Ordinals
In a bold move that merges politics with the booming world of non-fungible tokens [NFTs], former U.S. President Donald Trump has announced the launch of digital collectible cards on the Bitcoin Ordinals platform. These unique cards are set to feature Trump’s iconic mugshots, capitalizing on the growing trend of NFTs in the crypto space. The […]
Spot Ether ETFs No More than 50% Likely to be Approved by May – J.P. Morgan
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. There is no optimism from J.P. Morgan, the American investment bank and finance multinational, about the chances of Ethereum getting its Spot Exchange-Traded Funds (ETFs) by May, describing the possibility as not more than 50%. The bank echoed the sentiment through a team of […]
Cryptocurrency Market Faces Concerning Declines As Bitcoin ETF Approvals Trigger Market Dynamics
The cryptocurrency market has experienced notable declines, revealing a -7.5% drop in total market caps over the past week, according to data from Santiment. The recent approval of the first 11 Spot Bitcoin ETFs by the SEC on January 10 has led to a ‘buy the rumor, sell the news’ scenario, though it’s early to […]
Whales Seize Opportunity To Accumulate Ethereum ($ETH) And ChainLink ($LINK) During Market Dip
The recent downturn in the cryptocurrency market, particularly impacting Ethereum (ETH) and ChainLink (LINK), has witnessed both tokens experiencing a dip, with ETH falling below the $2500 mark and LINK slipping below $15. Over the past 24 hours, ETH and LINK have seen losses of 3% and 4%, respectively. Interestingly, amid this market dip, whales […]
Nasdaq, Cboe apply to offer BTC ETF options trading, get fast response
Options is “the next logical step” for BTC ETF trading. It could begin by the end of next month, according to an analyst.
Polygon’s MATIC: From Developer Boom to Market Challenge
Polygon’s network has enjoyed new features that are attracting developers to build on the platform, this not only paints a bullish outlook for the native token MATIC but ensures utility. MATIC has struggled to rally in recent days and faces further challenges ahead as MATIC holdings inflows in exchanges increase. The Polygon network is on […]
Cardano ($ADA) Takes The Lead Over Ethereum ($ETH) With Surge In Big Transactions
In a noteworthy development, Cardano ($ADA) has emerged as a frontrunner in terms of the volume of substantial transactions over the last 30 days, outshining Ethereum ($ETH) in this unique aspect. This positive shift comes amid the broader market’s collective effort to break free from the persisting downtrend. According to insights provided by IntoTheBlock, the […]
Prosecutors recommend at least 17 years in prison for OneCoin lawyer
Mark Scott’s legal team proposed a sentence of five years in prison, compared to the more than 17 years the U.S. Attorney suggested for “abhorrent” conduct.