Bitcoin rallies – alts now off the leash

After almost two weeks of a downward trend Bitcoin has bounced back and is now looking to break this trend. Altcoins have also rebounded strongly and have already made up more than half of the losses sustained in the downturn.  The sea of red across the cryptocurrency market has finally turned green. From its highs […]

DeFi Ecosystem Continues to Grow at an Enviable Pace

The ecosystem of decentralized finance (DeFi) is on a roll. It is among the most rapidly growing segments in the cryptocurrency sphere. According to the latest DeFi News, the total number of wallets in the DeFi has crossed the two-million milestone. Dune analytics (a platform involved in mapping and analyzing cryptocurrency platforms) released the figure […]

Bitcoin Recuperates After its Previous Drop

On Monday, Bitcoin tumbled to the least in over seven weeks as it kept on battling with the $50K level and close by technical. The biggest digital currency dropped down to $47,079 before bouncing back. It fell beneath the 100-day progress toward the end of last week interestingly since early October after JPMorgan Chase and […]

Tether’s market cap hits $50B as stablecoin adoption grows

The 50 billionth USDT token has been minted, Tether has confirmed. The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market was still heating up.  Tether Operations Limited confirmed the milestone on Friday, with roughly 50 billion USDT now reported to […]

Crypto exchange Binance to offer tokenized stocks of Apple, Microsoft, and MicroStrategy

Cryptocurrency exchange Binance will gradually list tokenized shares of tech giants Apple (AAPL), Microsoft (MSFT), and MicroStrategy (MSTR) on its trading platform over the coming week, according to an announcement published today. New Stock Tokens to Be Made Available on https://t.co/QILSkzOI1K (2021-04-26) https://t.co/4k1wZViyIp pic.twitter.com/9om3JP98es — Binance (@binance) April 26, 2021 Akin to stablecoins, stock tokens […]