The stablecoin Market has reached a record high of $204 billion, marking a notable increase since the U.S. Presidential election on November 5, 2024. This growth is largely due to Tether’s USDT and the rising popularity of Circle’s USDC. Stablecoin transfer volume has also surged, exceeding the combined transaction volume of Visa and Mastercard, primarily ...
The cryptocurrency Market is experiencing caution ahead of the Federal Reserve’s interest rate decision. Investors are speculating about a potential rate cut, which could affect risk-taking behaviors in the economy. However, the Fed may signal fewer rate cuts for 2025 than previously expected, leading to a decline in the prices of major cryptocurrencies like Bitcoin ...
Cryptocurrencies took a hit today after news broke that the U.S. is investigating the issuer of Tether, a stablecoin that supports much of the trading in digital assets. This has raised concerns in the market, causing prices to dip across various cryptocurrencies. Traders are now watching closely as the situation develops.
