Potential Positive Influence on Bitcoin Price: USDT Circulating Supply Surge
USDT supply surge correlates with Bitcoin's rise, suggesting influence on market trends. Caution urged due to reliance on stablecoin dynamics.
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USDT supply surge correlates with Bitcoin's rise, suggesting influence on market trends. Caution urged due to reliance on stablecoin dynamics.
USDC's supply ascends post-SVB crisis, hinting at market recovery.
This article will discuss Ethereum supply dynamics, including ETH staking, gas usage, exchange balances, ETH in smart contracts, re-staking vs. liquidity re-staking and Eigenlayer.
Chainlink's exchange supply has reached a four-year low, indicating potential bullish momentum. The decline aligns with a price rebound, emphasizing the positive impact of reduced reliance on centralized exchanges. As investors opt for self-custody, Chainlink navigates towards a more resilient position amidst market uncertainties.
Ethereum experiences a notable surge in price and supply profitability following the SEC's approval of spot Bitcoin ETFs. Ethereum's trading volume peaks, supply in profit increases, and active addresses rise. The positive performance reflects a robust market response.
PancakeSwap proposes slashing CAKE's supply from 750 million to 450 million, marking a strategic pivot towards stable tokenomics.
Irys plans to fork Arweave, resetting token supply, a move criticized by Arweave's founder as short-sighted and greedy.
Binance USD (BUSD) market cap has been on the rise in the last 30 days. Thanks to Binance’s move to convert deposits of USDC, TUSD, and USDP into BUSD on the exchange.
Despite being underwater on a portion of BTC positions, data shows long-term holders continuing to accumulate Bitcoin in its current range.
Despite the bearish backdrop for the entire crypto industry, the total stablecoin supply has reached $180 billion, a surge of $9.5 billion over the past 30 days.