Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since. Ethereum has overtaken Tron as the biggest blockchain for the Tether stablecoin after a 10% increase in the supply of USDT on Ethereum over the last week. There is now $60.3 billion worth of the United States dollar-backed...Continue Reading
Another amended filing signals continued progress toward bringing a diversified cryptocurrency index fund to US exchanges. Asset manager Hashdex has submitted its second amended application for a proposed exchange-traded fund (ETF) designed as a one-stop-shop cryptocurrency portfolio, according to a Nov. 25 regulatory filing. The revised filing signals continued progress for the crypto index ETF...Continue Reading
Long liquidations and profit-taking from long-term Bitcoin holders are the primary factors in today’s sell-off. When will the dip buyers show up? Bitcoin’s quest for $100,000 hit an impasse as sellers took control and pushed BTC price under $93,000. Margin traders sitting in long positions saw heavy losses as the total crypto market liquidations on...Continue Reading
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