Key points:Tether injected $2 billion USDT into the crypto market within 24 hours.The development has sparked significant interest from community members.An analyst argues altcoins are set for an all-time high rally amid this event.Prominent USDT stablecoin issuer Tether has continued to mint staggering billion-dollar sums recently, sparking more bullish enthusiasm in the crypto space. On Saturday, Whale Alert disclosed that 1,000,000,000 USDT had been minted at Tether Treasury. Within three minutes of the update, Whale Alert proclaimed another $1 billion USDT minting from Tether. Cumulatively, $2 billion has been injected into the crypto market within 24 hours. The development has…
Author: Web3 Daily Press Staff
SafeMoon Inu (SMI): How Does the Chart Look Sunday? InvestorsObserver This news is republished from another source. You can check the original article here
Polkadot (DOT) gets a neutral rating from InvestorsObserver Sunday. The coin is down 4.3% to $10.41 while the broader crypto market is up 1.6%. Polkadot has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on Polkadot! The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip. Polkadot price is currently below support. With support set around $10.56 and resistance at $11.08, Polkadot is potentially in volatile…
NFT Market Flourishes With an 11.62% Rise This Week; Largest Ordinal Inscription Fetches Record 8 BTC – Markets … Bitcoin.com News This news is republished from another source. You can check the original article here
After an extremely good spell for many tokens, the market appears to be slowing down significantly. This means less profits and in some cases even losses. As always investors are reacting to these changes by finding ways to benefit from recent movements. These choices become even more important with the unpredictable market that can swing one way or the other. In this article, we enter into the mindset of investors to see what coins they are considering and if they are good picks. Our analysis will highlight Ethereum (ETH), Dogecoin (DOGE) and Kelexo (KLXO) to show which is best for…
Last updated: March 10, 2024 05:00 EDT | 2 min read The decentralized finance (DeFi) sector has surpassed a significant milestone, with the total value locked (TVL) in DeFi protocols exceeding $100 billion. The surge in capital locked on-chain is primarily attributed to the renewed enthusiasm surrounding Bitcoin and the recent launch of spot Bitcoin (BTC) exchange-traded funds (ETFs) in January.According to DefiLlama, a prominent data provider for DeFi statistics, the global TVL in DeFi protocols reached $100.1 billion, accompanied by a trading volume of over $10 billion in the past 24 hours at the time of writing. Although these figures fall short…
Making money in crypto through Scorpion Casino (SCORP), Polkadot, and Chainlink involves different strategies tailored to each platform’s unique features and opportunities. One such way, that we’ll look at closely here, is staking. Crypto staking offers investors the opportunity to earn passive income by participating in blockchain networks. By staking their cryptocurrency holdings, investors contribute to the security and operation of the network while earning rewards in return. Staking helps to decentralize and secure blockchain networks, ensuring their integrity and reliability. Additionally, stakers may receive additional benefits such as governance rights or access to network features. Overall, crypto staking provides…
Cardano (ADA) proponents believe that the digital currency could see its price skyrocket to $10.01 and Changelly data provides insight into the possible timeline. The technology backing Cardano has solidified the confidence in its growth prospects. Judging by historical trends, The Crypto Basic reported insights from top market analyst Ali Martinez who believes ADA could rally up to $10 in the long term. While the Martinez forecast comes with no timeline, Changelly, a crypto exchange platform has shared insights on when Cardano might print such a bullish run. Cardano to $10 – When? The Changelly forecast on Cardano shows promising…
The regulatory environment for cryptocurrencies is an important factor affecting their adoption, use and investment viability. Projects that proactively address compliance and operate within regulatory frameworks can mitigate legal risks and appeal to a broader investor base. Pushd (PUSHD) dominates the early March market highs alongside Ethereum (ETH) breaking the $3.5K barrier with Shiba Inu (SHIB) and Bitcoin Cash (BCH) bulls joining the momentum. This dominance underscores the wide appeal and potential of Pushd’s (PUSHD) e-commerce platform, drawing investors from across the crypto spectrum eager to partake in its growth journey. Ethereum (ETH) Breaks $3,500 Fuelling Market Optimism Ethereum (ETH)…
In the dynamic landscape of cryptocurrency investing, selecting the right assets to include in one’s portfolio is paramount for achieving long-term success. As we navigate through the complexities of 2024, investors are increasingly turning their attention to assets that offer both stability and growth potential. Binance Coin (BNB), Dogecoin (DOGE), and Furrever Token (FURR) have emerged as standout contenders, each with its unique value proposition and investment appeal. From BNB’s utility within the Binance ecosystem to DOGE’s meme-inspired charm and FURR’s innovative approach to community engagement, these tokens represent diverse opportunities for investors seeking to capitalize on the evolving crypto…