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Stablecoin Market Cap Hits Record High

Top stablecoins are booming, reaching a combined market cap of $204.7 billion, according to crypto analyst Ali Martinez. This is a record high, suggesting significant activity in the market. Record-Breaking Stablecoin Market Martinez, a well-known analyst with over 130,000 followers on X (formerly Twitter), reported that the top five stablecoins—Tether (USDT), USDC, USDS, Ethena’s USDe,…

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Coinbase Launches 24/7 Bitcoin and Ethereum Futures

Coinbase, a major US cryptocurrency exchange, is bringing around-the-clock futures trading for Bitcoin and Ethereum to its American customers. This means traders can now buy and sell contracts based on the future price of these cryptocurrencies at any time of day. Around-the-Clock Trading for US Customers The new service, launching in the coming weeks, is…

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Utah’s Bitcoin Reserve Bill: A Twist in the Tale

Utah’s attempt to create a state-level Bitcoin reserve has hit a snag. While a bill aimed at boosting blockchain technology passed the Senate, the part about investing in Bitcoin was removed. The Bill’s Journey and Unexpected Turn The bill, officially known as House Bill 230 (HB230), initially allowed the state treasurer to invest up to…

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Shiba Inu’s Price Plunge: What’s Going On?

Shiba Inu (SHIB) has taken a major hit lately, with its price dropping significantly. The main culprit? Big investors, often called “whales,” are selling off huge amounts of SHIB. Whales Are Selling Big Time Data shows whales have been dumping SHIB like crazy. One indicator shows a massive decrease in whale holdings – a whopping…

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