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Altcoin News
Ethereum ETH Price Poised for Rally Ahead of Potential Spot ETF Launch
Ethereum (ETH), the second-largest cryptocurrency by market cap, is gearing up for a potential rally as the crypto community eagerly awaits the launch of spot ETH exchange-traded funds (ETFs). Currently trading at $3,182.81, ETH…
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Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various…
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Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users
Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type…
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Tether Officially Reorganizes, Announces Four Different Business Divisions
Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four business divisions: Tether Data,…
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Why Investors Must Turn to Altcoins
The cryptocurrency market, particularly Bitcoin, undergoes a transformative phase every four years known as the “halving,” where the rewards for mining are halved, significantly affecting the influx of new BTC.
This anticipated event…
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Telos and Ponos Technology Collaborate on Hardware-Accelerated Ethereum L2 zkEVM
The Telos Foundation has announced a strategic partnership with Ponos Technology, a leading Zero Knowledge Proof (ZKP) research and development firm, to develop an end-to-end optimized, hardware-accelerated Ethereum Layer 2…
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Stablecoin Market Expands by $4.46 Billion in 12 Days
In the last 12 days of April, the stablecoin sector expanded by $4.46 billion, reaching a current valuation of $155.86 billion. Additionally, the top five dollar-pegged cryptocurrencies experienced an increase in their supplies over the…
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PV01 Completes Proof of Concept for On-Chain Debt Market with Digital Bond Issuance on Ethereum
PV01 has successfully issued the first digital native bond on the public Ethereum blockchain under English law.
The $5M bond, denominated in USDC and backed by a US Treasury Bill, was purchased by a group of blue-chip stablecoin…
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Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar
The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is engineered to uphold a self-sustaining…
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Ethereum Whales Go on a Buying Spree as ETH Price Drops
Ethereum, the second-largest cryptocurrency by market capitalization, has faced a turbulent period, with its price plummeting to levels not seen in nearly three years against Bitcoin.
However, amidst this market volatility, a…
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