TETHER TO LAUNCH A STABLECOIN PEGGED TO THE UAE CURRENCY

Author

News on the Blockchain
August 22, 2024

@newsontheblockchain, date

Confidence in Knowledge. Providing daily news to make sure you're up to date!

Daily quote:

“It’s very dificult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, “reversion to the mean” i.e what goes up must come down, and it’s true more often than you can imagine.” - John C Bogle

Daily market overview:

The global crypto market cap stands at $2.16 trillion, reflecting a 2.66% growth in the past 24 hours. Over the same period, the total crypto market volume reached $70.8 billion, marking a 15.28% increase. DeFi accounts for $4.28 billion, representing 6.04% of the overall 24-hour market volume. Meanwhile, stablecoin volume has climbed to $65.69 billion, making up 92.79% of the total market volume.

Bitcoin's market dominance is now at 56.01%, up 0.19% from the previous day.

DeFi

- Uniswap (UNI): $6.93 | 24h: 1.02% | Vol: $146.2M

- Aave (AAVE): $134.40 | 24h: 2.18% | Vol: $218.7M

- Maker (MKR): $2040.73 | 24h: 1.65% | Vol: $136.5M

- SushiSwap (SUSHI): $1.42 | 24h: 0.79% | Vol: $42.7M

- Curve DAO Token (CRV): $0.57 | 24h: 1.83% | Vol: $61.4M

 Stablecoins

- Tether (USDT): $1.00 | 24h: 0.01% | Vol: $55.5B

- USD Coin (USDC): $1.00 | 24h: 0.00% | Vol: $5.7B

- Binance USD (BUSD): $1.00 | 24h: 0.00% | Vol: $2.3B

- Dai (DAI): $0.9999 | 24h: 0.00% | Vol: $102.5M

- TrueUSD (TUSD): $1.00 | 24h: 0.00% | Vol: $513.8M

NFT & Metaverse

- Axie Infinity (AXS): $4.97 | 24h: 1.03% | Vol: $151.2M

- The Sandbox (SAND): $0.28 | 24h: 2.15% | Vol: $83.1M

- Decentraland (MANA): $0.36 | 24h: 1.72% | Vol: $63.2M

- Gala (GALA): $0.02 | 24h: 1.65% | Vol: $45.7M

- Enjin Coin (ENJ): $0.26 | 24h: 1.85% | Vol: $27.4M

 Layer 1 Blockchains

- Bitcoin (BTC): $61,242.12 | 24h: 3.18% | Vol: $35.3B

- Ethereum (ETH): $2,636.25 | 24h: 2.12% | Vol: $12.9B

- Solana (SOL): $143.90 | 24h: 1.51% | Vol: $1.9B

- Cardano (ADA): $0.3712 | 24h: 5.66% | Vol: $346.7M

- Polkadot (DOT): $4.68 | 24h: 3.04% | Vol: $118.9M

Layer 2 Blockchains

- Polygon (MATIC): $0.5189 | 24h: 8.47% | Vol: $580.1M

- Arbitrum (ARB): $0.57 | 24h: 2.98% | Vol: $182.5M

- Optimism (OP): $1.46 | 24h: 2.45% | Vol: $74.3M

- Immutable (IMX): $1.24 | 24h: 3.72% | Vol: $52.1M

- Loopring (LRC): $0.23 | 24h: 1.82% | Vol: $35.2M

Source:

CoinMarketCap

coinmarketcap.com

Heat Map:

Fear and Greed Index:

News for today:

That’s all for today folks, see you tomorrow. 👋

Disclaimer

The information provided in this overview is based on our data findings and opinions. It is intended for informational purposes only and should not be considered financial advice. Cryptocurrency investments carry significant risk, and it is important to conduct your own research and consult with a qualified financial advisor before making any investment decisions. We are not responsible for any financial losses or gains you may incur as a result of using this information.