Crypto

USDC Beats USDT in Adjusted Volume for First Time Since 2019

In a significant shift in the cryptocurrency market, USDC has surpassed USDT in adjusted volume for the first time since 2019. This milestone highlights USDC's growing acceptance and usage among traders and investors. Mizuho reports that this change indicates a broader trend towards stablecoins that prioritize transparency and regulatory compliance. Analysts suggest that this might signal a shift in market dynamics as USDC gains traction. The implications for USDT, which has long been the leader in stablecoins, could be profound. Traders are closely watching how this competition evolves in the coming months.

Crypto

Read next

Whale Demand Fuels Solana's Surge as ETF Inflows Rise; Can SOL Break $97?

Whale Demand Fuels Solana's Surge as ETF Inflows Rise; Can SOL Break $97?

Solana's price is experiencing bullish momentum driven by increasing demand from whales and significant ETF inflows. Analysts suggest that if SOL manages to break the $97 resistance level, it could potentially lead to a rally of 21%. The combination of institutional interest and heightened trading activity is creating

Equity Market Surge Sparks Renewed Interest in Bitcoin Investments

Equity Market Surge Sparks Renewed Interest in Bitcoin Investments

Equity markets are experiencing a significant boom, which has led to heightened expectations for Bitcoin's performance. Investors are increasingly looking to Bitcoin as a potential hedge against inflation and volatility in traditional markets. The positive momentum in equities is believed to be driving interest in digital assets, with

DeepBook Surges 23% Post-Predict Debut: Will It Break Free from 100-Day Slump?

DeepBook Surges 23% Post-Predict Debut: Will It Break Free from 100-Day Slump?

DeepBook Protocol has emerged as a leading performer in the cryptocurrency market, witnessing a remarkable 23% increase in the past 24 hours. This surge follows its recent debut on the Predict platform, which has generated significant interest among investors. The question on many minds is whether this momentum can propel