Author: James Wilson
Tether Gold now represents over $2 billion in value, cementing its role as a foundational asset that merges the security of physical bullion with the operational ease of a digital token for a new class of investor. On Oct. 28, stablecoin giant Tether announced that its Tether Gold token (XAUT) has surged past a $2 billion market capitalization. This milestone, reached as the token’s value climbed from $1.44 billion at the end of Q3 to approximately $2.1 billion in a matter of weeks, is backed by over 375,000 fine troy ounces of physical gold held in a Swiss vault. Notably,…
Vladislav Ginzburg, founder and CEO of OneSource, says that blockchain gaming is ready to move past the hype. Summary In crypto, hype runs ahead of real utility, says OneSource CEO Gaming should use blockchains for what blockchains are really good for Blockchains are slow, so we shouldn’t expect full games to run on them Once hailed as the future of play, blockchain gaming has spent the last few years in the shadow of its own hype. Early ideas of player-owned economies, tokenized rewards, and interoperable universes never quite lived up to the promise. Still, as the noise faded, more serious…
Summary The XRP price is currently around $2.66, with a trading range of $2.30-$2.66 and strong resistance at $2.70-$3.00. Whale piling is increasing, with huge investors currently owning roughly half of the circulating XRP supply. Derivatives markets have strong open interest and short exposure, indicating probable short squeeze conditions. If whales continue to accumulate and shorts unwind, XRP might rise to $3.10–$3.40. A failure to accumulate or a prolonged pessimistic mood might push prices down to $2.00-$2.10. Overall, the XRP prognosis is cautiously positive, depending on triggers and leverage dynamics. XRP price market info XRP 1d chart, Source: crypto.news The…
Shares of Trump-linked American Bitcoin are still up 20% over the week as the company nears the 4000 BTC mark. Summary Shares of American Bitcoin rose are down 6% The Trump-linked firm made a major Bitcoin acquisition Treasury and mining firm now owns 3,865 BTC, and has a market cap of $5.29 billion Despite Bitcoin trading close to its historic highs, treasury companies continue to accumulate Bitcoin. Still, on Tuesday, October 28 shares of Trump-linked American Bitcoin were down 6%, after seeing a significant rally the day prior. American Bitcoin stock price was at $5.57, falling from the weekly high…
CoinTerminal executive Maximiliano Stochyk breaks down the key factors that make a DeFi project successful. Summary Real revenue is the key to any successful blockchain project Major launch signals include backers, exchange listings, and KOLs More and more Web2 projects are entering Web3 to raise money Real World Assets, AI, and quantum computing are the hottest trends right now Token launches are easier than ever, which makes good projects harder to spot than ever. As capital becomes more selective, investors are going back to the basics. This means looking at projects with transparency, strong tokenomics, and critically, real revenue. To…
According to CryptoSlam data, NFT (non-fungible token) sales volume has climbed by 5.98% to $161.7 million. Summary NFT sales hit $161.7M as buyers surged 126% to 382K. Ethereum led $102.7M NFT sales, reclaiming dominance. Pudgy Penguins surged 165% with $15.6M in weekly sales. Notably, market participation is hot. The number of NFT buyers increased by 126.59% to 382,846 and sellers rising by 124.15% to 341,290. NFT transactions also increased by 2.48% to 1,703,436. At the same time, Bitcoin (BTC) price has continued its decline, now sitting at the $106,000 level. Ethereum (ETH) has also slipped further to $3,800. The global…