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Introduction The stablecoin market, despite experiencing a decline in 2022, saw a resurgence towards the end of 2023, reaching heights not seen since May. However, among the top ten stablecoins by market capitalization, only two witnessed an increase in supply over the last 30 days. This article will delve into the performance of stablecoins in […]

AI Crypto Market Cap Surges to $7 Billion Amidst Record 30-Day Gains The realm of the crypto economy dedicated to artificial intelligence (AI) has been steadily expanding. In the past 34 days, starting from November 29, 2023, the market capitalization of AI-focused crypto assets has surged by an impressive $1.75 billion. More than half of

The anticipated approval of spot bitcoin exchange-traded funds (ETFs) applications by the U.S. Securities and Exchange Commission (SEC) is predicted to cause the price of the top cryptocurrency to surge to $50,000 in January, according to the latest market preview by Matrixport. The crypto financial services platform also suggests that the price of BTC could

Failed Attempt to Pay with Rupees The Indian Oil Ministry has recently admitted that their efforts to pay for oil with rupees have been unsuccessful. Suppliers are hesitant to accept payment in the local currency due to concerns about repatriating their funds. The goal of this initiative was to reduce India’s reliance on the U.S.

Peter Schiff's 2024 Economic Predictions Renowned economist Peter Schiff has shared his predictions for the U.S. economy in 2024, and they are not optimistic. In a series of posts on social media platform X, Schiff warned that the economy will crash into a recession and high inflation will return with a vengeance. The U.S. Dollar

Introduction Cathie Wood, the CEO of Ark Investment Management, believes that spot bitcoin exchange-traded funds (ETFs) will attract significant institutional participation once they are approved by the U.S. Securities and Exchange Commission (SEC). In an interview with Yahoo Finance, Wood explained that if institutional investors allocate even a small percentage of their assets to a

Tether's Remarkable Journey In a recent post, Tether CEO Paolo Ardoino took a moment to reflect on the remarkable growth of the company since its inception. With its USDT stablecoin achieving a market cap of $91.5 billion on multiple blockchains, holding $4 billion in excess reserves, and diversifying its portfolio with investments in mining, energy,

Self-Directed Gold IRAs can be a fantastic way to invest in gold, without having to deal with the hassles of purchasing physical bullion. This type of account permits investors to purchase gold straight from the federal government, and then store it in their own name. While many people prefer tangible gold items, everyone is able

Ricardo Spagni Urges Binance to Support Privacy Coins Ricardo Spagni, the former lead maintainer of Monero, a prominent privacy coin in the cryptocurrency market, is calling on Binance, a major cryptocurrency exchange, to take a clear position on the issue of privacy coins. Spagni believes that Binance's neutrality in this matter is detrimental to the

Nigeria's New Stance on Crypto Bodes Well for Africa After a challenging first half of the year for the African crypto and blockchain industry, experts believe that the expected approval of bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) and Nigeria's lifting of restrictions on the crypto industry will revitalize African