Crypto News
Tether/Circle Stablecoin Supply Growth Signals Strong Liquidity Backing Crypto Rally
As bitcoin BTC pushed past all-time highs and other cryptocurrencies surged, the rise in stablecoin supply is offering a signal that this rally may have deeper roots.Tether’s USDT and Circle’s USDC, the two largest dollar-pegged stablecoins, each reached new record supplies this week, according to TradingView data. Since the start of July, USDC’s market cap has grown by $1.3 billion, reaching $62.8 billion, while USDT added $1.4 billion to hit nearly $160 billion.Looking further back to April, when the market hit a short-term low, the growth is even more pronounced. USDT expanded by $15.2 billion—roughly 10.5%—and USDC added $2.7 billion, or 4.6%.Stablecoins are cryptocurrencies with prices tied to an external asset, predominantly to the U.S. dollar. While they have been...
Will Pump.fun’s Solana Token Pump After Launch? Experts Weigh In
At its earliest, Pump.fun's token will become tradable on Monday and traders are starting to question whether it'll pump or dump.Source link
12-Year-Old Bitcoin Fortune Springs to Life—$47M Shifted to Bitgo as BTC Hits Record High
As bitcoin climbed to a fresh record of $118,839, a long-dormant stash dating back to 2013 suddenly sprang to life—400 BTC moved for the first time in well over 12 years. Whale Reawakens: Dormant 2013 Bitcoin Cache Moves to a Custodian The blockchain parser btcparser.com shows a sizable trove of dormant coins stirred to lifeSource link
Bitcoin Price Watch: Bulls Target $120K Amid Strong Technical Breakout
Bitcoin traded in a tight band between $117,705 and $118,091 over the last hour, as bullish momentum continues to ripple through the crypto market. The leading cryptocurrency holds a market cap of $2.34 trillion, with 24-hour trading volume at $81.33 billion and an intraday price range between $110,768 and $118,839, highlighting a broad and volatileSource link
Bitcoin ETFs Post Second-Biggest Day Ever: Why It Matters
BlackRock’s IBIT led Thursday’s ETF inflows with $448.5 million, as capital consolidated into top issuers despite outflows from GBTC.Source link