By Emir Abyazov A recent report by the New York Digital Investment Group (NYDIG) revealed a significant shift in Bitcoin’s market behavior. The research shows that the leading cryptocurrency is forming a new pattern of movement that is not in line with risk assets. At a time when the S&P 500 index was showing declines […]
Tag: USDT
By ItalianCannon Bitcoin (BTC) has experienced a 6.54% increase in value over the past 24 hours, trading at $93,684 despite weak liquidity and declining market demand. Spot market demand for Bitcoin has dropped significantly, with a 146,000 BTC decline, equating to a $13 billion reduction in demand. Bitcoin’s demand momentum has hit its lowest level […]
By Marco Piccolo Ripple’s US dollar-backed stablecoin, RLUSD, has officially launched on Aave V3’s Ethereum Core Market, a move that underscores Ripple’s growing ambitions in decentralized finance (DeFi). The integration provides RLUSD holders access to one of the largest decentralized liquidity protocols, enhancing the token’s utility and positioning within the rapidly expanding stablecoin landscape. Users […]