Currencies29159
Market Cap$ 2.57T+1.35%
24h Spot Volume$ 22.48B-10.5%
DominanceBTC51.19%-0.39%ETH17.02%+0.87%
ETH Gas5 Gwei
Cryptorank
MainNewsCrypto Marke...

Crypto Market Turbulence Fuels Stablecoin Adoption


May, 23, 2024
< 1 min read
by CoinEdition
Crypto Market Turbulence Fuels Stablecoin Adoption
  • Stablecoin wallets surge as Bitcoin experiences volatility.
  • USDC and USDT maintain relative price stability despite market fluctuations.
  • High market caps of USDC and USDT indicate their widespread use.

Amidst the recent turbulence in the cryptocurrency market, the increasing number of non-empty stablecoin wallets provides a glimmer of hope for investors. As highlighted by Santiment, a top analytic firm, both USDC (USDC) and Tether (USDT) have witnessed notable growth in their non-empty wallet counts, with USDC wallets expanding by 13.9% and Tether wallets by 15.7% in 2024. This uptick suggests a growing interest in stablecoins, which are designed to maintain a stable value relative to traditional fiat currencies.

The surge in stablecoin wallets comes at a pivotal moment as market sentiment oscillates following Bitc…

The post Crypto Market Turbulence Fuels Stablecoin Adoption appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana beats Bitcoin, Ethereum on THIS front: Will SOL also rise?

Solana beats Bitcoin, Ethereum on THIS front: Will SOL also rise?

Solana outshines Bitcoin and Ethereum in terms of unique NFT traders in the last 30 d...
Jun, 16, 2024
by AMBCrypto
100 Largest Non-Exchange Ethereum Whales Now Hold All-Time High of $241,635,000,000 in ETH: Santiment

100 Largest Non-Exchange Ethereum Whales Now Hold All-Time High of $241,635,000,000 in ETH: Santiment

The biggest whales on the Ethereum network currently hold an all-time high of $241.63...
Jun, 16, 2024
2 min read
by The Daily Hodl
MainNewsCrypto Marke...

Crypto Market Turbulence Fuels Stablecoin Adoption


May, 23, 2024
< 1 min read
by CoinEdition
Crypto Market Turbulence Fuels Stablecoin Adoption
  • Stablecoin wallets surge as Bitcoin experiences volatility.
  • USDC and USDT maintain relative price stability despite market fluctuations.
  • High market caps of USDC and USDT indicate their widespread use.

Amidst the recent turbulence in the cryptocurrency market, the increasing number of non-empty stablecoin wallets provides a glimmer of hope for investors. As highlighted by Santiment, a top analytic firm, both USDC (USDC) and Tether (USDT) have witnessed notable growth in their non-empty wallet counts, with USDC wallets expanding by 13.9% and Tether wallets by 15.7% in 2024. This uptick suggests a growing interest in stablecoins, which are designed to maintain a stable value relative to traditional fiat currencies.

The surge in stablecoin wallets comes at a pivotal moment as market sentiment oscillates following Bitc…

The post Crypto Market Turbulence Fuels Stablecoin Adoption appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Solana beats Bitcoin, Ethereum on THIS front: Will SOL also rise?

Solana beats Bitcoin, Ethereum on THIS front: Will SOL also rise?

Solana outshines Bitcoin and Ethereum in terms of unique NFT traders in the last 30 d...
Jun, 16, 2024
by AMBCrypto
100 Largest Non-Exchange Ethereum Whales Now Hold All-Time High of $241,635,000,000 in ETH: Santiment

100 Largest Non-Exchange Ethereum Whales Now Hold All-Time High of $241,635,000,000 in ETH: Santiment

The biggest whales on the Ethereum network currently hold an all-time high of $241.63...
Jun, 16, 2024
2 min read
by The Daily Hodl