Tag Archives: Stablecoins

Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day

Posted on by — No Comments ↓

On-chain data shows a massive amount of the stablecoin USDT has been moving to exchanges recently, potentially acting as fuel for the Bitcoin and wider cryptocurrency rally. USDT Exchange Inflows Have Remained High Recently In a new Exchange Flow Balance” here refers to an indicator that keeps track of the net amount of a given… Continue reading Secret Bitcoin Driver: Exchanges Receiving $40 Million USDT Fuel Per Day→

Tether’s USDT Hits New High—330 Million Wallets And Counting

Posted on by — No Comments ↓

As of the end of Q3 2024, Tether’s USDT stablecoin has hit a new record with 330 million on-chain wallets. This shows that USDT is the market leader in stablecoins and is accompanied by an astounding rise in acceptability, particularly among small holders. Stablecoins are becoming more popular for a variety of financial transactions, including… Continue reading Tether’s USDT Hits New High—330 Million Wallets And Counting→

Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue

Posted on by — No Comments ↓

On-chain data shows exchanges have continued to receive stablecoin deposits recently, a sign that could be bullish for Bitcoin and other digital assets. Stablecoin Exchange Netflow Has Remained Positive Recently As pointed out by an analyst in a CryptoQuant Quicktake Exchange Netflow,” which keeps track of the net amount of a given asset that’s moving… Continue reading Bitcoin To Smash $100,000? Rapid Stablecoin Exchange Inflows Continue→

Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?

Posted on by — No Comments ↓

Tron is now in the top 10 blockchains by market cap, flipping Toncoin and Cardano. While there were initial doubts about the network dying a natural death due to the then “superior” competitor Ethereum in the first few years, the smart contracts platform has surpassed expectations. Tron Energy Demand Doubles In 3 Months At spot… Continue reading Tron Energy Needs Rise 100% In 3 Months: New All-Time High Incoming?→