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FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

[May 26, 2024 10:30 AM] The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In…

Avalanche Weathers The Storm – Can AVAX Hit $40 Again?

[May 26, 2024 10:00 AM] The cryptocurrency market continues to navigate a sea of uncertainty, and Avalanche (AVAX) is no exception. While AVAX has displayed some resilience compared to its altcoin peers, a closer look reveals a market grappling with conflicting signals –…

Major Crypto Exchanges Announce Over 1,200 Job Openings

[May 25, 2024 6:40 PM] Major cryptocurrency exchanges, including Binance, Coinbase, Okx, and Crypto.com, are expanding their workforces, collectively offering over 1,200 job openings. Binance leads this hiring surge with 460 roles, followed by Okx with 414, Crypto.com…

Why Did CORE Price Surge 20% While The Crypto Market Dumped?

[May 25, 2024 5:00 PM] CORE, the native token of the layer-1 network CoreChain, has surged over 20% in the last 24 hours. This is a notable price increase, considering the downward trend in the broader crypto market with the prices of other major cap tokens, including…

Ethereum Dominates NFT Sales Despite Overall Market Drop

[May 25, 2024 6:44 AM] Over the past week, non-fungible token (NFT) sales declined by 8.99%, amounting to approximately $137 million. Ethereum topped the charts with $43 million in sales, marking a 20.26% increase from the previous week. NFT Market Shrinks by 8.99%…

Crypto Advocacy Group ‘Stand With Crypto’ Expands to the UK

[May 25, 2024 3:31 AM] Stand with Crypto, a global crypto advocacy organization, is expanding its initiative to the United Kingdom. Originating in the U.S., where it has garnered over 700,000 sign-ups and gained momentum with the passing of FIT21 in the House of…

Study: 60% of US Crypto Investors Don’t Understand Blockchain

[May 25, 2024 1:19 AM] According to a recent survey by Preply, as many as three in five, or 60%, of U.S. cryptocurrency investors do not understand blockchain technology. The study found that Generation Z, despite 41% expressing interest in learning about cryptocurrency…