Play-to-earn (P2E) games, also known as GameFi, has emerged as an extremely popular category in the crypto space. It combines non-fungible tokens (NFT), in-game crypto tokens, decentralized finance (DeFi) elements and sometimes even metaverse applications. Players have an opportunity to generate revenue by giving their time (and sometimes capital) and playing these games. The LSE editors ask authors submitting a post to the blog to confirm that they have no conflicts of interest as defined by the American Economic Association in its Disclosure Policy. If the author has no such interests to disclose, no statement is provided. Note, however, that we do indicate in all cases if a data vendor or other party has a right to review a post.
To overcome this problem, a new type of cryptocurrency tied in value to existing currencies — ranging from the U.S. dollar, other fiats or even other cryptocurrencies — arose. These new cryptocurrency are known as stablecoins, and they can be used for a multitude of purposes due to their stability. Each of our coin data pages has a graph that shows both the current and historic price information for the coin or token. Normally, the graph starts at the launch of the asset, but it is possible to select specific to and from dates to customize the chart to your own needs.
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We also offer interactive charts, and comprehensive tools to help you make informed decisions. We can visualize the relative size of the biggest cryptocurrencies with a crypto market cap chart. The following pie chart compares the size of Bitcoin, Ethereum, stablecoins, and all other crypto assets. When evaluating the crypto market capitalization, it’s important to have a historical perspective of how the size of the cryptocurrency market has changed over time. We provide historical crypto market cap data showing the total crypto market cap at the end of each year since 2013.
- Over the past six months, the global cryptocurrency market has lost nearly $1 trillion in market capitalization, entering a so-called “crypto winter,” – a period of low prices.
- The total crypto market volume over the last 24 hours is $154.53B, which makes a 87.28% increase.
- According to Crypto.com Research, the total number of global cryptocurrency owners reached 700 million in April, marking a 163% Compound Annual Growth Rate (CAGR) over the past five years.
- According to official reports, the largest of these 40 organizations, Aid for Ukraine, Come Back Alive, Binance Charity, and Unchain Fund have raised $60 million, $28 million, $10 million, and $9 million respectively.
- For example, an exchange can disable withdrawals or deposits, making it impossible for anyone else outside of the specified geographical region to use it.
The chart below shows the collateral composition of the four largest stablecoin issuers. The collateral of Binance-Peg (BUSD), Pax Dollar (USDP), and USDCoin (USDC) has shifted from U.S. Treasury securities to reverse repurchase agreements and cash; the collateral of Tether (USDT) has shifted from assets with credit risk, such as commercial paper and certificates of deposit, to U.S. Nevertheless, as of December 2024, Tether, the largest stablecoin issuer, still reportedly holds 18 percent of its reserves in less liquid and riskier assets, such as other non-stablecoin crypto assets and loans. COIN360, the main source of cryptocurrency prices on a visually appealing heatmap. We aggregate prices from the most trusted sources and allow you to always be one step ahead by getting an instant view of the entire market or specific sectors on various timeframes.
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Chicago Mercantile Group (CME) is expected to launch XRP futures and Micro XRP futures on 19 May. Volatility drop was led by ETH (-51.86%) and APT (-47.30%), which coincided with a weekly adjustment after a spike in volatility the week before ( +112.90% for ETH and +62.65% for APT). Currently, there are over 14,374 different cryptocurrencies in existence, with more being created every day. For a note of caution, take a look at the U.S. 30-year Treasury yield, which topped 5% as Moody’s Ratings downgraded the debt to Aa1 from Aaa, citing fiscal concerns in the U.S. The last time the yield rose that high, April 9, bitcoin dropped to a monthly low of $75,000. DisclaimerThe views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System.
In our first Liberty Street Economics post, we described the rapid growth of stablecoins, the different types of stablecoin arrangements, and the May 2022 run on TerraUSD, the fourth largest stablecoin at the time. In this post, we document the growth of stablecoins since 2019, including the evolution of the reported collateral backing major stablecoins. Then, we estimate the impact on the stablecoin industry of large bitcoin price increases that occurred between 2021 and 2025. Taken together https://fino-traze.net/ with our previous findings, our new results indicate that the demand for stablecoins grows along with the demand for non-stablecoin crypto assets (as proxied by bitcoins). This pattern could become more entrenched if stablecoins are used to provide leverage and facilitate trading in and out of other non-stablecoin crypto assets. Thus, on especially positive days for the crypto-asset ecosystem, as indicated by extreme returns to bitcoin price, we observe a rising tide that lifts all boats.
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Crypto transactions are faster, less regulated, and anonymous so people can donate without revealing their identities. “The market fell a month ago, today it is more or less stable, but in a week it could resume growth again,” said Viktor Kochetov, CEO of crypto exchange platform Kyrrex. The global crypto boom is over, which should have been bad news for Ukraine. Please note that the availability of the products and services on the Crypto.com App is subject to jurisdictional limitations. Crypto.com may not offer certain products, features and/or services on the Crypto.com App in certain jurisdictions due to potential or actual regulatory restrictions. All key categories decreased in market capitalisation in the past seven days, led by the Layer-2 category.
The world of crypto now contains many coins and tokens that we feel unable to verify. In those situations, our Dexscan product lists them automatically by taking on-chain data for newly created smart contracts. We do not cover every chain, but at the time of writing we track the top 70 crypto chains, which means that we list more than 97% of all tokens. The changing of the guard is more than just a transition from shorts and t-shirts to chinos and Patagonia gilets. As a result, the market has become more sensitive to monetary-policy changes by the Federal Reserve, since demand for the asset is more closely tied to the overall appetite for risk in stockmarkets. Financiers and asset managers are not in the business of HODLing—crypto parlance for buying and holding assets indefinitely, no matter the news.
The total crypto market volume over the last 24 hours is $154.53B, which makes a 87.28% increase. The total volume in DeFi is currently $35.55B, 23.00% of the total crypto market 24-hour volume. The volume of all stable coins is now $146.38B, which is 94.72% of the total crypto market 24-hour volume. The global crypto market cap is $3.25T, a 1.97% decrease over the last day.