16 / 24 Relevant items tagged with #Stablecoins

Posts: 705

Posts

Bitcoin May Not See Lasting Bullish Momentum Until This Happens

[Sep 20, 2023 10:00 AM] Bitcoin might not be able to observe any extended runs of bullish momentum until this on-chain indicator reverses its trend. Stablecoin Whale Supply Has Dropped To Lowest In Six Months During the past few days, Bitcoin has registered some rise and…

Stablecoin Ecosystem Holds Firm Despite Lackluster Activity

[Sep 17, 2023 10:30 AM] The stablecoin economy has remained relatively lackluster over the past 30 days, fluctuating slightly above or slightly below the $124 billion range. In the last 24 hours, the global trade volume for fiat and commodity-pegged tokens has reached…

JPMorgan Mulls Blockchain-Based Deposit Token, Report

[Sep 9, 2023 4:00 PM] America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different…

This Could Be The Metric To Watch For A Bitcoin Bounce: Santiment

[Sep 4, 2023 8:30 AM] On-chain data from Santiment suggests that the stablecoin whale supply could be the metric to watch for the likelihood of a Bitcoin bounce. Whale Supply Of Stablecoins Could Hold Key To Bitcoin Rebound In a recent post on X, the on-chain analytics…

This Metric Hinted At The Bitcoin Retrace In Advance

[Sep 1, 2023 1:00 PM] The trend in the total supply of the stablecoins may have hinted in advance that the Bitcoin rally wouldn’t last too long. Bitcoin Stablecoins Supply Hasn’t Moved Much Recently An analyst in a CryptoQuant Quicktake post explained that…