Market Value

According to the report, according to the data of Coinsecko, the current total market value of the stable currency is about 136.5 billion US dollars, of which the market value of USDT, USDC and BUSD are respectively 718, 439 and 8.47 billion US dollars, and the market value of USDT accounts for a new high since November 2021. Interpretation of this information: The market value of stablecoins, which are cryptocurrencies designed to maintain a stable value, has reached a total of roughly 136.5 billion US dollars according to data from…

According to the report, according to CoinGecko data, the current total market value of cryptocurrency is 1.1 trillion US dollars, with a decline of 0.2% in 24 hours. The 24 hours trading volume is 52.737 billion US dollars. The current market value of Bitcoin accounts for 40.2%, and the market value of Ethereum accounts for 17.4%. Interpretation of this information: The cryptocurrency market has reached a total value of 1.1 trillion US dollars, as indicated by data from CoinGecko. However, there has been a slight decline of 0.2% in the…

It is reported that according to the latest data of nftgo.io, the market value of “Base” NFT in the Coinbase L2 network has exceeded US $1 million. At the time of writing, the floor price of “Base” NFT was 0.0049 ETH, and the market value has risen to US $1.4 million. The current total transaction amount is about US $700000. Interpretation of this information: The message highlights the latest data from nftgo.io, which indicates that the market value of “Base” NFT in the Coinbase L2 network has crossed US $1…

According to the report, according to CoinGecko data, the current total market value of cryptocurrency is $1.14 trillion, with a rise of 1.1% in 24 hours. The 24-hour trading volume is $82.879 billion. The current market value of Bitcoin accounts for 40.3%, and the market value of Ethereum accounts for 17.3%. Interpretation of this information: The message is reporting on the current state of the cryptocurrency market. According to the data provided by CoinGecko, the total market value of all cryptocurrencies is now $1.14 trillion, which is an increase of…

According to the report, OKX market data showed that OP (Optimism) rose to US $3 in a short time and is now quoted at US $2.95, up 18% in 24 hours. Interpretation of this information: The message highlights a significant increase in the price of Optimism (OP) cryptocurrency. The report suggests that within a short period, OP was able to rise to US $3 and is now being traded for US $2.95, marking an 18% increase in its value over the last 24 hours. Cryptocurrency is a new form of…

On February 19, according to the data on the chain, the number of SUDO transactions exceeded 3700, and SUDO is currently at $3.13. Interpretation of this information: The message above denotes an update on the status of SUDO transactions and its current market value. SUDO, which is a cryptocurrency, saw a surge in the number of transactions made on February 19, as the data on the chain indicates that it exceeded 3700. This suggests that there is increased trading activity related to this digital currency, which could be driven by…

It is reported that according to the latest data of coingecko, the market value of BUSD has fallen below US $14 billion, from US $13.721 billion at the time of writing, and has fallen by more than US $2.5 billion in the past seven days. At present, it has been surpassed by Cardano and dropped to the eighth place in the market value of cryptocurrency. Interpretation of this information: The latest data from Coingecko reveals that the market value of BUSD has taken a hit and fallen to below US…

According to the report, according to CoinGecko data, the current total market value of cryptocurrency is $1.17 trillion, up 9.1% in 24 hours, and the 24-hour trading volume is $95.38 billion. The current market value of Bitcoin accounts for 40.8%, and the market value of Ethereum accounts for 17.4%. Interpretation of this information: The message reveals that the cryptocurrency market is experiencing a positive trend in terms of market value and trading volume. According to CoinGecko data, the total market value of cryptocurrency is currently at $1.17 trillion, an increase…

It is reported that with the destruction of BUSD by Paxos Treasury, the market value of the US dollar stable currency has dropped sharply in recent days. According to the latest data of coingecko, the market value of BUSD has fallen below the threshold of US $15 billion, and now it has fallen to US $14.674 billion. The market value has shrunk by more than US $1.5 billion in the past two days. Interpretation of this information: The recent destruction of BUSD by Paxos Treasury has caused a significant drop…

On February 15, according to Whale Alert data, Paxos Treasury destroyed 117401943 BUSDs at 07:54:47 UTC on February 15. With the continuous destruction, the market value of BUSD has shrunk significantly in the past two days. According to the data of Coingecko, the market value of BUSD was about $16.204 billion on February 13, and it is currently about $15.203 billion, a decrease of more than $1 billion. Interpretation of this information: The recent destruction of BUSD by Paxos Treasury has resulted in a significant decrease in the market value…

It is reported that the total market value of cryptocurrency fell below US $1 trillion after Paxos, the issuer of the US dollar stable currency, announced the suspension of the casting of BUSD on Monday. This is also the first time that the index has fallen in nearly three weeks. At present, it has rebounded slightly to about US $1.05 trillion. In addition, analysts believe that the upcoming U.S. inflation data and the latest regulatory actions may also be the main reasons for this decline. Christopher Newhouse, a cryptooption trader…

It is reported that according to PeckShield monitoring, about 342 million BUSDs have been destroyed in Paxos Treasury in the past 24 hours, and the market value of BUSDs has decreased from 16.1 billion US dollars to 15.8 billion US dollars. Interpretation of this information: The crypto world never stops to make news and reports, and recently, a strange thing happened, leaving the community puzzled. According to the latest reports, Paxos Treasury destroyed around 342 million BUSD in the past 24 hours. As a result, the market value of BUSDs…

It is reported that the market value of USDC has shrunk by nearly US $7 billion since the FTX crash in October 2022. Glassnode data shows that before the FTX crash, the market value of Tether was about 69.95 billion US dollars, while that of USDC was 47.33 billion US dollars. Today, the market value of USDC is 40.96 billion US dollars, a decrease of about 7 billion US dollars. The current market value of USDT is about 68.48 billion US dollars, but the decline is small compared with that…

According to the report, the data shows that the total market value of the US dollar stable currency is US $138.5 billion at present, with USDT accounting for 49.39%, USDC accounting for 29.76% and BUSD accounting for 11.63%. The proportion of USDT has reached a new high in nearly 14 months. Interpretation of this information: This message is about the current state of the US dollar stable currency market. The report states that at present, the total market value of the US dollar stable currency is US $138.5 billion. A…