![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
The total market cap of the five largest stablecoins has reached heights never seen before.
Mar 11, 2025 at 08:00 am
Crypto trader Ali Martinez tells his 131400 followers on the social media platform X that the top five dollar-pegged crypto assets by market cap have a total valuation of $204.7 billion.
Closely followed crypto trader says that the total market cap of the five largest stablecoins has reached heights never seen before.
The top five dollar-pegged crypto assets by market cap have a total valuation of $204.7 billion, according to crypto trader Ali Martinez.
The five largest stablecoins in the market include Tether’s USDT, Circle’s USDC, USDS, Ethena’s USDe and DAI, according to data from CoinGecko.
A soaring stablecoin market cap suggests more buying power on the sidelines. It may also suggest that investors are unloading their crypto assets in favor of dollar-pegged coins.
The crypto trader says that Ethena (ENA) is flashing a bullish signal based on the Tom DeMark Sequential indicator.
Traders use the TD Sequential Indicator to predict potential trend reversals for tokens based on the closing prices of their 13 previous bars or candles.
“Ethena ENA is flashing bullish signals! A buy signal from the TD Sequential indicator on the weekly chart, combined with a hammer candlestick at key support, suggests a strong rebound could be ahead.”
A hammer candlestick pattern is typically viewed as a bullish reversal signal with the candle wick indicating demand.
At time of writing, ENA is trading for $0.44.
The trader adds that the decentralized oracle network Chainlink (LINK) and the modular blockchain Celestia (TIA) are also showing signs of a potential rebound based on the TD Sequential indicator.
At time of writing, LINK is worth $14.30 and TIA is trading for $3.11.
Disclaimer:info@kdj.com
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- Sleep Token are back with Even In Arcadia, their fourth album and first under RCA Records, set for release on May 9.
- Mar 16, 2025 at 01:05 pm
- The album follows their acclaimed third album,Take Me Back to Eden. To celebrate the announcement, the group has unveiled their new single, “Emergence,” which is also available on seven-inch vinyl.
-
-
-
-
-
-
- ADA price analysis: As the weekend approaches, the overall cryptocurrency market has begun to output: to recover, showing signs of an upward rally.
- Mar 16, 2025 at 12:45 pm
- According to expert technical analysis, ADA has formed a bullish inverted head and shoulders pattern and is now on the verge of a breakout.
-
-
- Bitcoin [BTC] Options market exhibits moderately bullish sentiment, as reflected by the call-to-put Open Interest ratio
- Mar 16, 2025 at 12:45 pm
- The Call Open Interest stood at 11873.52 contracts at press time, surpassing Put Open Interest at 8594.58 contracts, resulting in a put/call ratio of 0.72. This means that more traders have been betting on BTC's price hike shortly.