The recent surge in stablecoin market capitalization is a promising development for the cryptocurrency market. While it's not a definitive indicator, it suggests a potential return of bullish sentiment. As always, staying informed and conducting thorough research is crucial before making any investment decisions.
Read MoreBecause DUSD is almost solely utilized as a trading pair on Binance, it has grown to become the fourth-largest stablecoin by market capitalization.
Read MoreOver the previous three weeks, the major stablecoins' supply appears to have been acquired by whale entities, according to on-chain data, at a rate of approximately 5%.
Read More