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Category: Altcoins

Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

Posted on July 2, 2023 By Caden
Redemptions Plague Stablecoin Economy, Wiping Out Over $2 Billion in June

The market capitalization of the stablecoin economy on July 2, 2023, has fallen below the $129 billion mark to the current $128.21 billion, according to statistics. Just over $2 billion in stablecoins have been withdrawn from the stablecoin token economy since May 28. Stablecoin Economy Faces Contraction as Market Capitalization Dips Below $129 Billion The…

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Altcoins, BUSD, crypto economy, crypto market, DAI, dollar-pegged coins, dollar-pegged tokens, Gains, July 2, Losses, Market Capitalization, Market Valuation, redemptions, Stablecoin Economy, Stablecoins, Statistics, Supply, Tether, token economy, Trade Volumes, trueusd, tusd, USDC, USDT, Value

Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens

Posted on February 20, 2023 By Caden
Helium Network Migration to Solana Blockchain in March Drives Significant Gains for SOL and HNT Tokens

Over the past seven days, the crypto asset solana has increased more than 23% against the U.S. dollar after the announcement that the Helium Network plans to migrate to the Solana blockchain on March 27. Helium Network’s native token, helium, has also risen, jumping 25% over the past week against the greenback. Core Helium Devs…

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Altcoin Development, Altcoins, Blockchain, Blockchain network, blockchain technology, commercial demand, Core Developers, crypto assets, Cryptocurrency, cryptocurrency market, Data Transfer Accounting Oracles, Digital Currency, digital wallets, Finance, Governance, Helium Network, hotspots, Internet of Things, investment, IoT, LNS, Market Valuation, Migration, network of networks, network scalability, network transition, network upgrade, PoC Oracles, Solana, technical development, Token, token holders

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Posted on January 30, 2023 By Caden
Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last…

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2miners.com, Altcoins, Antpool, COIN, computational power, decentralized exchange, decentralized finance, Decrease, Defi protocols, Dogpool.one, ETC, Ethereum, Ethereum Classic, ethereum classic (ETC), ethermine.org, Ezil.me, F2Pool, Hashrate, Hebeswap, hiveon.net, increase, mining pool, Pool.btc.com, Poolin, Price, Proof of Work, Proof-of-Stake, richpool.pro, seven-day decrease, terahash per second, total value locked, transition, TVL, unit, Value

Tether Launches Stablecoin Pegged to the British Pound Sterling

Posted on June 21, 2022January 27, 2023 By Caden
Tether Launches Stablecoin Pegged to the British Pound Sterling

Tether, the company behind the largest stablecoin by market capitalization, has announced another fiat-pegged stablecoin called GBPT on Wednesday, tied to the value of the British pound sterling. The news follows Tether’s most recent launch of a Mexican peso-pegged crypto asset called MXNT. Tether Launches the Company’s 4th Fiat-Pegged Crypto Asset On June 22, 2022,…

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Altcoins, Bitcoin (BTC), British Pound, CHNT, crypto economy, CTO of Tether, Digital Currencies, EURT, Fiat Tokens, fiat-pegged tokens, GBPT, GBPT crypto, GBPT token, Latin American market, Mexican peso, MXNT, Paolo Ardoino, peso, Peso-pegged stablecoin, pound sterling, Stablecoins, Tether, Tether Gold, Tether pesos, USDC, USDT

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