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Tether Expands to TON Blockchain With $60M USDT Launch

[Apr 21, 2024 10:56 PM] Tether has partnered with the TON Foundation, launching $60 million of USDT on The Open Network (TON) blockchain as announced at the Token2049 event in Dubai, making TON the 11th largest blockchain out of 16 supproting Tether. This collaboration…

NFT Sales Dip by Over 25% as Bitcoin Dominates a Cooling Market

[Apr 21, 2024 10:56 AM] Recent data over a seven-day period ending April 21, 2024, shows that non-fungible token (NFT) sales have declined by 25.48%, totaling approximately $236.96 million. Bitcoin dominated the NFT market this week, contributing $111.8 million to the…

After Halving Event, Bitcoin Transaction Fees Soar to Over $240

[Apr 19, 2024 7:13 PM] Upon reaching block height 840,000, when the mining pool Viabtc collected 37.626 bitcoin in fees worth $2.39 million, the expense for onchain transfers climbed, surpassing $240 per transaction. Block 840,003 recorded 16.06 bitcoins in fee payments…

Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

[Apr 19, 2024 2:28 PM] Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of this growth, exceeding $2 billion, is attributed to…