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Tether’s USD-denominated stablecoin has surpassed a record market capitalization of $120 billion for the first time, signaling a potential rally for the cryptocurrency.Tether’s USDt (USDT), the world’s largest stablecoin, exceeded $120 billion on October 20, according to the company’s website, which updates stablecoin supply status in real time.Tether tokens in circulation. Source: Tether.toStablecoins are the main gateway between the world of fiat currencies and digital assets. An increase in stablecoin supply is often used as a signal to predict an upcoming bull market rally, as it suggests investors are accumulating stablecoins before investing in cryptocurrencies. Masu.An increase in USDT supply…

advertisement Toncoin will become a hard charger in 2024 and hit a new all-time high in June last year. On the other hand, Litecoin looks increasingly like a depleted force. By 2024, the window for either side to make a big profit has long closed. Instead, whales have been buying in droves into the newly launched revenue-sharing DeFi protocol, Zig Network (ZIG), which analysts believe has unlimited upside potential. We believe that there is a possibility of a high and parabolic curve. Toncoin’s performance is sluggish even as the market rises Toncoin has failed to capitalize on the resurgence of…

Ethereum has reached a critical point with a head-and-shoulders neckline and the important 100-day moving average. A potential breakout could lead to a significant rally due to a large short-term liquidation cascade. Price trends over the next few days will play a key role in determining the broader outlook for ETH. technical analysis Written by Shayan daily chart Ethereum has reached a critical point in the key resistance area consisting of the head-and-shoulders neckline and the 100-day moving average at $2.7,000. Price trends over the past few days have been flat with low volatility, reflecting the equilibrium between buyers and…

advertisement In a heated debate with Massachusetts Sen. Elizabeth Warren, pro-Ripple lawyer John Deaton came out in defense of XRP. During the debate, Deaton defended his role representing Ripple against lawsuits brought by the U.S. Securities and Exchange Commission (SEC), saying he wanted to protect retail investors. “I sued the government because the SEC did really bad things to small individual investors, and a judge who was a lifelong Democrat agreed with me. I did it all for free. However, because of my work, I was told that this token, XRP, was legal,” Deaton said. The lawyer also noted that…

Buy or sell stocks: Indian stock markets saw some buying momentum in Friday trading after three consecutive losing sessions. The Nifty 50 index ended 104 points higher at 24,854. The BSE Sensex rose 218 points to end at 81,224, while the Bank Nifty index rose 805 points to end at 52,094. The NSE spot market volume increased by 4.2% compared to the previous session. The broad market index underperformed compared to the Nifty 50 index even as the advance/decrease ratio fell to 0.90:1.Sumeet Bagadia Stocks to Buy TodaySumeet Bagadia, executive director, Choice Broking, believes Friday’s rally could bring some relief…

Programmatic sales of XRP rules are attracting attention The SEC filed Form C, Civil Pre-Appellate Statement, on October 17, providing investors with insight into appellate strategy. The SEC is targeting Ripple executives Brad Garlinghouse and Chris Larsen, and their challenge to programmatic sales rulings is significant. If the SEC is successful in overturning this ruling, XRP will be subject to the SEC’s jurisdiction for sale on the secondary market. U.S. cryptocurrency exchanges may delist XRP to avoid violating U.S. securities laws, potentially impacting XRP adoption. Crypto tokens typically react negatively to delisting and positively to listing on major exchanges. Ripple…

After the NFT crash a few years ago, ApeCoin was one of the most affected projects and seems to have disappeared from the sights of most cryptocurrency users. However, the protocol made a huge announcement a few hours ago that fueled an incredible rally for its native token, pushing the price above the coveted $1 level. $APE || NFT season begins! and $APE The booming NFT season is about to begin. Pay attention to NFTs. Billions of dollars will flow in. similar to $ALTS, #NFT Will bring generational wealth to patient peeps! @apecoin pic.twitter.com/RoH9yYgDTe — Crypto Catalysts (@Crypt0Catalysts) October 20,…

07:05 ▪ 4 min read ▪ Written by Evans S. Bitcoin’s price has risen sharply in recent months, at one point topping $68,000, but an alarming new warning is spooking investors. Elon Musk, the famous billionaire who heads Tesla’s executive team, has sounded the alarm about impending US bankruptcy. According to him, uncontrolled government spending is leading the country headlong into a fiscal cliff, creating an atmosphere of uncertainty weighing on Bitcoin’s future. The relationship between US debt and Bitcoin volatility The global economy is increasingly influenced by interrelated factors. Elon Musk’s comments never went unnoticed, pointing out the recent…

Recognized as the fastest and carbon-free Layer 1 blockchain, Vanar has partnered with Pakistan Blockchain Institute (PBI) to drive advancements in artificial intelligence (AI) and the Internet of Things (IoT). Announced through Vanar’s social media platforms, the partnership focuses on scaling up digital innovation in Pakistan and extending its impact globally, transforming multiple sectors by integrating AI and IoT technologies. The purpose is Strengthening PBI’s role as a regional blockchain leader Pakistan Blockchain Institute (PBI) has already established itself as a major player in the regional blockchain ecosystem. With over 15,000 certified blockchain specialists and the launch of over 50…

Osiz Technologies, a well-known blockchain development company, has introduced a new blockchain forking service designed to help businesses create customized blockchain networks that meet their specific needs. The company aims to empower organizations by providing innovative tools that enable them to develop enhanced distributed platforms, implement new protocols, and increase scalability. This latest offering is expected to provide businesses with the flexibility they need to control and scale their blockchain ecosystem. Diverse fork solutions for customized blockchain networks The blockchain fork services offered by Osiz Technologies cover a wide range of solutions, including hard forks, soft forks, and custom fork…