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Tether (USDT) dominates the stablecoin space, growing from a $91.7 billion market cap at the start of 2024 to surpass $140 billion by December 19.
Binance attributed the delisting decision to its stringent asset evaluation process, which aims to ensure compliance with industry standards.
Within 20 minutes, the trader flipped the PENGU stake for 60,726 SOL, valued at $13.72 million.
“Stablecoins are an infrastructure upgrade for payments, ready to replace legacy systems,” said BVNK CEO Jesse Hemson-Struthers.
Despite these massive movements, Bitcoin has shown impressive resilience, with prices remaining remarkably steady above $107,000.
Hyperliquid’s surge is driven by its community-first approach, with its native HYPE token soaring 774.73% in just one month.
BTC Yield surged to 92.8%, reflecting Semler’s effective strategy of leveraging equity funding to rapidly expand bitcoin holdings.
WhiteBIT has become the first global exchange to secure Level 3 certification under the Cryptocurrency Security Standard (CCSS).
The crypto market has already priced in the Fed rate cut, and historical data suggests Bitcoin could gain an extra 35% within two months after a 50% surge over 60 days.
Despite major advancements, including the Dencun upgrade and Spot Ethereum ETFs, Ethereum’s dominance in the market has plummeted to 13.1% — its lowest since April 2021.