Stablecoin issuer Tether announced on May 31 that it is expanding its presence in the Republic of Georgia through a strategic investment in CityPay.io, a payment processing company that operates across more than 600 locations in the country.

So, it’s clear that the success in trading cryptocurrencies like Ethereum relies entirely on the belief that unit prices are always going to skyrocket.
#ETH

Like with other entrepreneurs, digital asset investors’ value prices rise because it enables them to make more profits from their trading businesses.
#Ethereum

At press time, SAND was worth about $0.5506 following a 1.01% price increase.

Lookonchain shared in a tweet this morning that blockchain firm Hashed transferred millions of SAND to Binance recently.

The market dominance of stablecoins pegged to the United States dollar has undergone some changes over the past year. While most of them are in a downward trend, Tether (USDT) has climbed back to its all-time high, data from CoinGecko shows.

Traders often use this tool to make decisions about when to buy or sell the tokens.

The Relative Strength Index (RSI) is a momentum indicator utilized to find out the current trend of the price movement and determine if it is in the oversold or overbought region.

Data analytics platform Glassnode reported that the Bitcoin transfer volume sent by long-term holders in profit has experienced a noteworthy rise year-to-date (YTD), surging from $25 million to $489 million, marking an almost 2000% increase.

The 6-month to 12-month cohort of long-term holders are the largest spenders.

This positive performance added to the altcoin’s already-positive weekly performance, which stood at +6.12% as a result.

the Layer-2 crypto was trading at $0.9204 following a 3.36% gain in the last day.

The price of Polygon (MATIC) continued its positive weekly streak over the past 24 hours according to CoinMarketCap.

The amount of staked ETH surged from 19.3 million before the Shapella upgrade to 21.2 million, rising vertically since the start of May,

If you are conversant with the crypto space, you’ve likely heard about the incredible rise of Ethereum (ETH). It’s no news that those who invested in Ethereum early have had their share of massive returns.

Bitcoin’s exchange balance did not decline alongside ETH during the same period, further suggesting that staking played a role in exchange withdrawals.

The latest decline in Ethereum balances on exchanges in May also coincides with a rise in staking.

The amount of staked ETH surged from 19.3 million before the Shapella upgrade to 21.2 million, rising vertically since the start of May,

Notably, each ledger represents a block of transactions successfully validated and recorded on the blockchain. The achievement underscores the remarkable number of times the XRP Ledger has processed and added new blocks, solidifying its position as a reliable and efficient network.

The XRP Ledger just closed 80 million ledgers (in about 10.5 years). Thank you to all network participants for your contributions.