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πŸš€ Your cryptocurrency hub for the latest trends, news, and insights. Join now for valuable updates and analysis!

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The market capitalization of stablecoins has exceeded $160 billion πŸ“ˆ

The aggregate market capitalization of stablecoins has surpassed $160 billion. The growth of this metric is obviously linked to the infusion of new funds into this segment, as well as increased demand for "stable coins," believe analysts at Nansen.

Since the beginning of the year, the total market capitalization of stablecoins has increased by $30 billion, including USDT +$19.7 billion, USDC +$8.7 billion.πŸ’°

The leader of the segment remains the company Tether, with the capitalization of USDT exceeding $110 billion. The corresponding figure for USDC is $32.5 billion. In third place is DAI from MakerDAO at $5.2 billion. The total market value of the "synthetic dollar" USDe from Ethena Labs is $2.6 billion.πŸ’°

#USDT
#stablecoin

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🐦 Justice at the minimum

❌ The judge ordered the SEC to pay $1.8 million in compensation for "abuse of power" in relation to the cryptocurrency company "DEBT Box".

πŸ’» The SEC filed a lawsuit against Debt Box in July 2023, suspecting them of defrauding investors of $49 million, but the judge eventually found the web3 platform innocent.

Thanks to the taxpayers, at whose expense this fine will be paid 🎩

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πŸ’΅ Tether has frozen a wallet that contained 3,497,207 USDT, according to PeckShield.

#Tether

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🐢 Seven meme coins have made a comeback and entered the top-15 assets by trading volume over the past 24 hours.

The trading volumes of each exceeded $1 billion, and for Shiba, this figure reached $2 billion.

#meme

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⚑️ The open interest in meme coins BONK, WIF, and PEPE currently exceeds the interest in BTC and ETH.

#meme

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🏦 Deutsche Bank is testing Ethereum's blockchain to reduce costs

πŸ‘€ Deutsche Bank is testing a platform based on #ETH to provide digital services for tokenized funds as part of the Guardian project.
πŸ‘€ By using blockchain and smart contracts, the bank aims to reduce costs, risks, and transaction time.

#ETH

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πŸ” Top-15 tokens by current return on investment, launched this spring

#TOP
#tokens

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πŸ—£ Artificial Intelligence (AI)-related tokens Render Token (RNDR) and SingularityNET (AGIX) have grown significantly due to the interest in AI and DApp applications πŸ€™

πŸ–€This trend is driven by the growing demand for computing power and AI services in various industries, which is encouraging investors to invest in these tokens.

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🀝 LayerZero0️⃣ and Solana 🧬 are preparing to announce a strategic partnership.

#LayerZero
#Solana

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πŸ’° PayPal is expanding its stablecoin ecosystem by launching PYUSD on the Solana blockchain 🧬

Previously, PYUSD was only available on Ethereum βšͺ️

#PayPal
#Solana

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πŸ‘ Ripple has donated another $25 million to support Fairshake, a cryptocurrency political committee that promotes crypto adherents.

πŸ’° Crypto Super PAC Fairshake has already received donations from Ripple in 2023 (also $25 million)

πŸ‘€ Ripple has called the 2024 US election the most important election in cryptocurrency history.

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🀝 NEAR Protocol 🌟 and D3 announced the launch of "NEAR Name Tokens" - universal identity identifiers on the NEAR blockchain.

#NEAR

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πŸ™ Peter Schiff, a prominent crypto critic, has been poking fun at the crypto community:

β€œWhat if all U.S. publicly traded companies sold 100% of their assets, shut down their businesses, laid off all employees, and used the proceeds to buy Bitcoin?β€πŸ˜

Each bitcoin would become worth millions. The market capitalization of American stocks would skyrocket. We'd all be rich.”


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πŸ–Ό Top NFT sales conducted in May

#NFT

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πŸ’³ Mastercard will allow transactions to be sent using a pseudonym instead of long blockchain addresses

🟒Transactions are available on Bit2Me, Lirium, Mercado Bitcoin, and Lulubit.
🟒The system ensures that the recipient's address supports the selected asset and complies with the regulatory requirements of the Travel Rule.
🟒The service is currently available in 13 Latin American and European countries.

#Mastercard

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This guy knows something πŸ€ͺ
If you want more educational posts, click πŸ”₯

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πŸ‘› Starting from tomorrow, Telegram Wallet will be managed by WOT Global Solution, and from June 3rd, all users, except those who are withdrawing funds, will need to provide additional personal information (KYC) to use all the wallet's features.

#Telegram
#Wallet

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🐦 Mastercard has launched Crypto Credential, which allows sending cryptocurrency to any customer on an exchange using a simple username instead of a wallet address.

πŸ’Έ Another step towards the mass promotion of cryptocurrency. The only question is what stops one from simply transferring from one exchange to another... Time will

#Mastercard

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Kitties got into crypto: another secret scheme for farming on slippers πŸˆβ€β¬›

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πŸ“Š Top-15 projects with bullish forecasts from Oriole Insights

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