Stablecoins USDT and USDC to reach $1T payment volume by 2028
Stablecoins like USDT and USDC will process $1 trillion in payments by 2028, per a Circle and Tether market analysis, signaling rapid crypto adoption growth.
Bitcoin (BTC) drops below $118,000 as inflation and $1B liquidations hit markets
Bitcoin (BTC) dropped below $118,000 amid inflation concerns and $1 billion in liquidations, impacting Ethereum (ETH) and Solana (SOL) markets significantly.
Robinhood crypto volumes hit $16.8 billion in July 2023, led by Bitcoin and Ethereum.
Robinhood recorded $16.8 billion in crypto volumes during July 2023, marking a historic high for the platform, with Bitcoin and Ethereum leading trades.
FBI reports 12,000 cases of fake law firms targeting crypto scam victims in 2023
FBI warns of fake law firms targeting crypto scam victims; Bitcoin and Ethereum mentioned; 2023 saw 12,000 reported cases; avoid unverified recovery services.
Solana upgrade targets Ethereum scalability with 65,000 TPS goal
Solana’s upgrade aims to enhance scalability, targeting Ethereum’s congestion issues. SOL rises 15% post-announcement. Vitalik Buterin acknowledges competition. Transaction speeds may reach 65,000 TPS.
Bitcoin hits $50,000 following ETF approvals and institutional demand
Bitcoin reaches $50,000 amid ETF approvals; MicroStrategy holds 190,000 BTC. Ethereum upgrades to Dencun, reducing gas fees by 20%. Market cap hits $2 trillion.
BlackRock Bitcoin ETF IBIT hits $90 billion AuM as Bitcoin rises 5%
BlackRock’s Bitcoin ETF IBIT reached $90 billion in assets under management, surpassing Grayscale’s GBTC. Bitcoin price rose 5% to $65,000 amid inflows.
Scott Bessent confirms U.S. strategic reserve excludes Bitcoin in 2024 policy
Scott Bessent states the U.S. will not add Bitcoin to its strategic reserve, citing policy concerns. Gold remains at $2,300 per ounce amid discussions.
SEI forms inverse head and shoulders pattern targeting $0.700 in Q2 2024
SEI cryptocurrency exhibits a bullish inverse head and shoulders pattern, targeting $0.430 to $0.700, with current trading volume exceeding $50 million daily.
Chainlink (LINK) hits $25 as Ethereum and SWIFT adoption drives 15% surge
Chainlink (LINK) surged 15% to $25, with analysts citing increased adoption by Ethereum and SWIFT. Trading volume hit $2 billion in 24 hours.
