Crypto News
Stablecoins Break $200B Mark as Ethena’s Yield-Bearing USDE Supply Soars 89%
The stablecoin market has crossed an impressive $200 billion in value, with the top three fiat-pegged tokens experiencing notable growth over the past month. Ethena’s USDE has taken center stage, climbing over 89% since Nov. 9. USDE Supply Soars, USD0 Issuance Climbs a Staggering 91% As of Monday, Dec. 9, stablecoin data from coingecko.com andSource link
Crypto Shockwave: Meme Tokens Outperform Bitcoin and Ethereum in a Down Market
Kicking off the week, meme coins are stealing the spotlight amid a widespread dip in the crypto economy. Monday’s trading saw tokens like pepecoin network, fartcoin, and baby doge coin pulling ahead as the few standouts in an otherwise lackluster market. Several Meme Tokens Thrive Despite 3.4% Market Decline The broader crypto economy has droppedSource link
NVIDIA’s AI Model QUEEN Revolutionizes Dynamic Scene Reconstruction
NVIDIA's QUEEN AI model enhances free-viewpoint video streaming, offering immersive experiences and efficient scene reconstruction, suitable for various applications including sports, education, and industrial use. (Read More)Source link
November Was a ‘Monumental’ Month for the Crypto Market, JPMorgan Says
November was a monumental month for the crypto market in terms of performance, activity, politics and sentiment, JPMorgan (JPM) said in a research report Monday."President-elect Donald Trump's reelection triggered a historic rally and jump in market caps across the crypto ecosystem," analysts led by Kenneth Worthington wrote. This included tokens, decentralized finance (DeFi), stablecoins and publicly listed companies with crypto exposure.The bank noted that the crypto ecosystem recorded its best monthly return, with its market cap rising 45%. Total crypto market cap swelled to $3.3 trillion. Volumes across the crypto market more than doubled, with some digital assets witnessing even higher growth in trading activity, the report said. The bank noted that non-fungible token (NFT) volumes were weaker.The U.S. spot...
Bitcoin (BTC) Consolidates at $100,000 Amid Market Volatility
Bitcoin recently breached the $100,000 mark, reaching a high of $104,000 before a sharp correction. Market indicators suggest possible stabilization despite recent fluctuations. (Read More)Source link