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Enjoy Blockworks.co’s Empire Newsletter. Get the news delivered straight to your inbox tomorrow. Subscribe to Empire Newsletter. Happy Friday! This is the second edition of the new Friday format. Today we dive into stablecoins, examine the past month’s activity, and hear from Circle CEO Jeremy Allaire. I hope you had a relaxing weekend. But before you start enjoying the last days of summer, don’t miss our survey at the end. — Katharine Ross & David Kanellis up, up, up Earlier this week, we briefly mentioned that stablecoin market capitalization was at an all-time high. CCData noted that the nearly 3%…

CHICAGO (August 29, 2024) – The National Association of Realtors® is pleased to announce that Tether RE won the 6th Annual Pitch Battle Competition at the 2024 Innovation, Opportunity, and Investment (iOi) Summit. I’m proud.Second Century Ventures, the strategic investment arm of NAR, will host this year’s Pitch Battle in Chicago, where participating companies will have the opportunity to demonstrate innovative tools and resources designed for the commercial and residential real estate markets. Given.The grand prize went to Tether RE, a startup that provides a suite of tools to improve the safety and productivity of real estate professionals. The platform…

The cryptocurrency industry has long been searching for a “killer app” to bring digital assets into the mainstream. But recently, some have pointed to the growing popularity of stablecoins like Tether and USDC and argue that long-sought use cases are already being realized. Stablecoins, designed to allow one-to-one transactions with major currencies such as the dollar, are increasingly being adopted in areas such as cross-border remittances and DeFi payments, and this is just the beginning. There are some people. A startup called Bridge, co-founded by Square and Coinbase alumni Zach Abrams and Sean Yu, wants to take stablecoins to the…

Litecoin price rose 1% to $63.7 during U.S. trading on Tuesday, despite a rebound across crypto markets. The bearish reversals in most major altcoins indicate a lack of momentum and suggest buyers will temporarily decline and stabilize from last week’s rally. However, the rebound in LTC prices may be related to the sudden capitulation of short holders, which is often interpreted as a signal of a potential recovery. Litecoin pricing challenges multi-year support Litecoin price has been steadily correcting over the past five months under the influence of a downtrend line. The bearish reversal saw assets fall 45% from $112.8…

Cover image (via www.freepik.com) Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. Financial and market information provided on U.Today is for informational purposes only. U.Today is not responsible for any financial losses incurred while trading cryptocurrencies. Please contact a financial professional and conduct your own research before making any investment decisions. Although we believe all content is accurate as of the date of publication, certain offers mentioned may not be currently available. Previously known as Bitcoin’s silver alternative to gold, Litecoin has seen better days. Since its peak on April…

We are pleased to announce that Kraken now supports new margin pairs for Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC). Margin trading is now available on the following pairs: SOL, DOGE, and LTC. Pair Base Pair Name Available Leverage Long Position Limit Short Position Limit SOLSOL/USDT4700700DOGEDOGE/USDT4500,000500,000LTCLTC/USDT4850850 Here is more information about the token: Solana (SOL) is a blockchain platform aimed at increasing scalability for users. Solana is a blockchain platform that aims to improve scalability for users through faster transaction settlement times, lower transaction fees, and more flexible infrastructure compared to other protocols. The SOL cryptocurrency plays a key role…

The cryptocurrency market continues to show signs of vitality, with Solana, Ethereum, and Litecoin remaining the main players in prices and news. Cryptocurrency Solana, Ethereum, Litecoin prices and market statistics Solana (SOL) is currently trading at around $154.96, giving it a market cap of $72.8 billion. Its trading volume has reached $2.6 billion in recent days, showing strong interest from investors, especially thanks to growing adoption in the NFT and decentralized finance (DeFi) space. Solana was also the star of a notable bull run in 2023, outperforming Ethereum in some key sectors, including decentralized exchange trading volume. Meanwhile, Ethereum (ETH)…

Despite the market downturn, some institutional investors continue to show interest in Litecoin. Litecoin (LTC) has been facing tough times recently, with its market value dropping 36% from its peak on April 1st. This steady decline has raised concerns among traders and investors, with some questioning the long-term viability of cryptocurrencies. Sales of “shrimp holders” suggest a decline in confidence One of the most worrying developments in Litecoin in recent months has been the significant decline by “shrimp holders” (a term used in this case for small investors holding less than 1 LTC). According to data from Santiment, a leading…

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This effectively reflects that Litecoin miners have sold 210,000 LTC (approximately $14 million) over the past 20 days. Such large sales by miners in a short period of time have a negative impact on asset prices for two main reasons. First, the newly mined 210,000 LTC trickling into circulation will dilute near-term market supply and increase selling pressure as price approaches key support levels. Additionally, the continued selling trend among influential stakeholders such as miners may deter new entrants from entering the LTCUSD market for fear of congestion. In summary, this explains why LTC price failed to break out of…