Tag: Tether

Valuation Of Stablecoin DAI Market Swells — DAI Market Cap Increased More Than 800% In 12 Months

Recently Bitcoin.com News covered the stablecoin tether and how the crypto asset’s market valuation jumped more than 1,500% in just over 500 days. In addition to this exponential increase, the…

Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion

On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681…

Solana Block Production Stalls For Hours, SOL Holders Unable To Transact, Validators Deploy A Fix

According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is…

Tether’s 1,500% Market Cap Increase In 500 Days — USDT Stablecoin Market Nears $70 Billion

The stablecoin giant tether is by far the largest dollar-pegged crypto asset in the crypto economy and today, the number of tethers in circulation is nearing $70 billion. 90 days…

Bitcoin Market Dominance Dips Down To 40% While Ethereum And Other Crypto Market Caps Swell

While bitcoin prices have risen in value during the last two weeks, bitcoin dominance levels have slipped to lows not seen since the June 6 low of 41%, and the…

Axie Infinity Token Climbed 56% This Week, AXS Joins Top 50 Most Valuable Crypto Projects

The price of the axie infinity tokens otherwise known as “shards,” has continued to skyrocket in value capturing fresh new price highs. The asset is changing hands for 10% lower…

Mi Store Portugal Reveals Crypto Acceptance, Xiaomi Says ‘Decision Was Made Without Knowledge Or Approval’

On August 5, the Mi Store in Portugal announced that it was accepting cryptocurrencies including bitcoin, ethereum, tether, and dash. At the time, the Mi Store Portugal said it was…