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Cryptocurrency News Articles
Nearly $4 Billion Vanishes as Tether and Ethena Decline in Early 2025
Jan 08, 2025 at 07:15 am
The stablecoin market, currently valued at $206 billion according to defillama.com, has experienced notable shifts, including growth in the first six days of 2025.
Top stablecoins, such as tether (USDT) and ethena usd (USDE), experienced outflows totaling nearly $4 billion, with tether alone losing $3.79 billion from its peak valuation.
However, two other stablecoins, USD0 and USDX, are rising in the rankings as their supplies expand.
Usual’s USD0 now ranks as the fifth-largest stablecoin by market capitalization, while Usdx Money’s USDX has also demonstrated considerable growth, now being the ninth-largest stablecoin.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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- The Bitcoin (BTC) Market Nears Its Cycle Peak as the Cryptocurrency Bull Run Enters Its Final Stages
- Jan 09, 2025 at 03:40 am
- This cycle, which began in January 2023, is projected to peak by the first or second quarter of 2025. Experts have identified key indicators signaling a maturing market and have advised investors to remain cautious as the cycle progresses.
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- Yeti Ouro (YETIO) Is On The Verge Of Becoming The Number 1 Token For 2025
- Jan 09, 2025 at 03:40 am
- As Bitcoin is firmly in control of the crypto market, smart investors are looking beyond BTC for high-yield options. The interest in projects like XRP, Cardano (ADA) and the new viral sensation Yeti Ouro (YETIO) is unparalleled despite Bitcoin continuing to be the standard in store of value as well as the gold standard of crypto.
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- Remittix (RTX) Crypto Price Prediction 2025: Poised to Surpass Solana (SOL) and Kaspa (KAS)
- Jan 09, 2025 at 03:40 am
- The crypto market is abuzz with discussions about Kaspa (KAS), Solana (SOL), and the promising Remittix (RTX). Kaspa shines as a fast proof-of-work blockchain, while Solana's strong price reflects the power of its innovative network.
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