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New MATIC Addresses on Polygon Surges Amid Recent Developments

556 new MATIC addresses were generated on the Polygon network daily. Glassnode data shows that the number of addresses has increased by 40% in the last year. Increasing PoS use is indicative of a revolutionary change happening in the digital asset market. Polygon has been rather quiet this year, as discussions about Ethereum and layer … Read more

Crypto Market Liquidation Surges Beyond $75 Million: Bitcoin Stands First

The crypto market witnessed over $75 million in liquidation in 24 hours. Over 29,593 traders have liquidated during this period. One single largest liquidation was encountered, which was valued at $2.33 million. The crypto ecosystem has encountered a notable decline, marking one of the most challenging days of the week. With a 1.4% drop over … Read more

Tether (USDT) Market Capitalization Surges to $81.5 Billion, Nearing All-Time High

USDT reached its highest point of market capitalization since Terra’s collapse. Tether’s CTO believes that USDT will be the safest option for users. The crypto market’s leading stablecoin provider, Tether (USDT), reached a market capitalization of around $81.5 billion on Thursday. It is the highest point of its market capitalization since Terra’s collapse in May … Read more

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