Stablecoins are witnessing a massive surge in supply, and this trend could be beneficial for Bitcoin and the crypto market in the long term. Blockchain analytics firm Glassnode reports that since the beginning of the year, the total stablecoin supply has grown by 10.9% or $20.17 billion. This comes after a contraction in supply during …
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In recent days, the price of Bitcoin has been slightly recovering. The problem is that several speculators might interpret the recent bounce as an attempt to resume the bull run, while there are still clear risks of possible further declines. The small bounce of the Bitcoin price Tuesday (the day before yesterday) for a brief …
