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Tether Market Cap Climbs to All-Time High of $83.2B, Even as Stablecoin Market Sinks
USDT has reached a $83.2 billion market capitalization, recovering all the losses since the implosion of blockchain project Terra more than a year ago.
Bitcoin, Crypto Prices Brace for Downturn in Coming Liquidity Shock, Observers Say
Improving liquidity conditions so far this year have lifted risk assets such as cryptocurrencies, but the trend is poised to turn once the U.S. debt ceiling is lifted and the Treasury along with the Fed resume tightening, analysts say.
Bitcoin Edges Below $28K as Investors Eye U.S. Debt Ceiling Progress
Investors awaited a House vote on the debt limit deal, scheduled for Wednesday.
Optimism Token Prices Slide 7% Ahead of $580M OP Unlock, Doubling Token Supply
The initial vesting period for early investors and contributors ends today and will nearly double the circulating supply of the tokens.
Shiba Inu-Themed Floki Sees Trading Volume Surge Amid China Plans
Floki prices rallied on Sunday amid a bitcoin-led market push and bets on the token's “China narrative.”
Stablecoin Market Shrinks for 14th Straight Month, Posing Potential Headwinds for Crypto Prices
The contraction of the stablecoin market suggests that the crypto market is still in its bear phase, macro analyst Tom Dunleavy said.
Bitcoin’s Declining Correlation With Stocks Revives Its Appeal for Investors: K33 Research
The correlation of BTC’s price with the NASDAQ index has fallen to 17-month lows, making the asset attractive again for portfolio diversification, crypto research firm K33 noted.
Bitcoin, Ether Slip as UK Core CPI Reaches Highest Since 1992
The annualized 3-month trend in UK core CPI is running at a whopping 13.6%, per the UK Office of National Statistics.
'Chinese Ethereum’ Conflux Draws Spotlight as Hong Kong Welcomes Retail Traders
CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.
Bitcoin Jumps to Key Price Resistance as Hong Kong Opens Crypto Trading for Retail Investors
The crypto's short-term outlook also may depend on the ongoing U.S. debt ceiling drama.
