Ethereum Watch

Stablecoin sector has grown 4,600% from $5B to over $240B in the past five years. Source Advertisements

Ethereum prices have surged by over 19% in the past day, reaching almost $2,500 as a general crypto market resurgence continues. Amidst investors’ euphoria, prominent crypto analyst and OKC Partner Ted Pillows has tipped the prominent altcoin to sustain its bullish form, reaching a market price of $12,000 in 2025. Advertisements Institutional Adoption, DeFi Status […]

Ethereum celebrated a new stablecoin milestone, but this might be short-lived. Source Advertisements

Este artículo también está disponible en español. Tether (USDT), the world’s largest stablecoin and the third largest crypto in market cap, has asserted its dominance in the cryptocurrency market and is now close to achieving a significant milestone. Recent data shows a massive influx of money into the crypto industry in the past week, with […]

Stablecoin supply grew in the last few days. USDT and USDC continued to dominate the market capitalization. There has been a noticeable increase in the market capitalization and supply of stablecoins, particularly Tether [USDT] and USD Coin [USDC]. Advertisements This growth has been significantly influenced by the recent approval of an Ethereum [ETH] ETF, which […]

Stablecoins are set to be “mainstream,” per Bitwise exec.  Exec suggests Ethereum, Solana as starting points for stablecoins investments. Asset manager Bitwise sees the booming $159.5 billion stablecoin market as another crypto frontier worth investors’ attention. Advertisements In Q1 2024 alone, Tether [USDT], the leading stablecoin issuer by market cap, netted a record $4.5 billion […]

Solana recorded the highest stablecoin volumes for three months in a row. Solana’s rise was linked with the growth of USDC. Solana [SOL] has solidified its position as the largest chain for stablecoin settlements, outperforming its competitors comprehensively. Advertisements Solana for stablecoins According to AMBCrypto’s analysis of Artemis data, the network handled more than $310 […]

Advertisements The launch of PYUSD had little to no impact on the market. Analysts opined that regulators would approve several Ethereum futures ETFs. This year, the evolution of the cryptocurrency market has been marked by various milestones. First, it was the approval of a leveraged Bitcoin [BTC] Exchange Traded Fund (ETF). Now, payment giant PayPal […]

Advertisements Paypal launched its stablecoin as an ERC-20 token on the Ethereum network. Sentiment around Ethereum improved, but price movement remained the same. Recently, online payment leader PayPal forayed into the digital currency sphere via its own stablecoin named PayPal USD [PYUSD]. The stablecoin will maintain a 1:1 peg to the US dollar and derive its […]

Advertisements Summary: Smart contracts for Curve Finance’s crvUSD stablecoin went live on Ethereum’s mainnet, the team shared via a Twitter update on May 3. “This is not finalized yet because UI also needs to be deployed. Stay tuned!” said crvUSD developers promising a user interface for the stablecoin. crvUSD enters a highly competitive Ethereum stablecoin […]