TL;DR

• Ethereum network gas fees have dropped to less than 1 gwei.

• DOGS tokens are now accessible through both Telegram wallet and centralized exchanges (CEX).

• Circle has issued approximately $2.2 billion in USDC over the past week.

• The upcoming global central bank annual meeting will highlight that the U.S. economy remains resilient despite rising interest rates and recession concerns.

• The total market capitalization of stablecoins has surpassed $160 billion.

• Bitcoin miners have mined empty blocks at block height 857116.

• Today’s cryptocurrency fear and greed index stands at 25, down from 27 yesterday.

• The supply of USDe has decreased to below 3.1 billion.

Demex

Join the Biggest Cosmos Trading Competition on Demex

Grab Your 7 Day Free Trial

You're invited to upgrade your subscription to our Premium membership with a 7 day FREE trial!

No catches. No strings attached. Just pure crypto alpha to get you ahead!
Upgrade now for:

Ad-Free Experience 🚫👀
Weekly News Summary 📰🔥
Weekly Market Summary 💸📈
Weekly Airdrop Summary 🎁💎

All for just $15/month after the trial.
Don't miss out! Get your FREE trial today 👇

Alpha of the Day

The Great Gas Drop: Ethereum Fees Hit Rock Bottom

In a twist that even your gas-guzzling car would envy, Ethereum network gas fees have dropped to below 1 gwei. That's right, it's cheaper than ever to send your ETH or interact with smart contracts. Maybe it’s time to get those NFTs you’ve been eyeing because, at this rate, you might actually save more on fees than on the gas you spent driving to your local coffee shop. Who knew crypto could be so wallet-friendly?

Woof Woof! DOGS Tokens Now Available on Telegram and CEX

The DOGS are out, and they’re not just barking—they're trading! DOGS tokens have been unleashed on both Telegram wallet and centralized exchanges (CEX). Whether you’re a Telegram fanatic or prefer the CEX life, you can now fetch these tokens wherever you like. It’s like a dog park for crypto lovers, only with fewer slobbery tennis balls and more opportunities to chase gains.

Circle's USDC Printing Party: $2.2 Billion Issued in a Week

Circle's been busy, cranking out USDC like it’s going out of style. In just the past week, they’ve issued a whopping $2.2 billion in USDC. If that doesn’t make you circle back to stablecoins, what will? It’s like the money printer went "brrr," but in a stable, regulated, and totally above-board way. So, if you see USDC everywhere, now you know why—it’s the week’s hottest new accessory.

Newsletter Bitcoin

Receive weekly Bitcoin summaries with news, insights and analysis on all things Bitcoin, all for free.

Global Central Bank Meeting: U.S. Economy Shrugs Off Recession Fears

As the world’s central bankers get ready to huddle up for their annual meeting, one thing is clear: the U.S. economy isn’t sweating the interest rate hikes. Despite everyone’s recession fears, it’s still flexing like it just crushed a workout. So, while the rest of the world might be worried, the U.S. is giving a nod of approval to those rate hikes, like a parent watching their kid score the winning goal. Who’s afraid of a little inflation?

Stablecoins: The $160 Billion Juggernaut

Move over, traditional finance—stablecoins are here to stay. The total market value of these digital dollars has now soared past $160 billion. That’s like the GDP of a small country, or at least enough to make anyone take notice. Stablecoins are becoming the financial world’s version of avocado toast—everybody wants a piece, and they’re not going away anytime soon.

Creator Spotlight

Behind-the-scenes stories from across the creator economy.

Bitcoin's Empty Nest: Miners Leave Block 857116 Empty

In a move that’s left the blockchain scratching its head, Bitcoin miners have dug up empty blocks at block height 857116. That’s right, they mined a whole block and left it with nothing but tumbleweeds. Maybe they were just too busy tweeting about their mining rigs, or perhaps they were on a coffee break. Either way, it’s a reminder that sometimes even miners need a breather.

Fear and Greed: Today's Index is Feeling 25% Spooky

Today’s cryptocurrency fear and greed index has decided to hit the snooze button, dropping to 25 from yesterday’s 27. If you’re wondering what that means, think of it like your favorite horror movie—spooky, but not quite scary enough to make you jump out of your seat. So, keep an eye on your portfolio, but maybe hold off on the panic button… for now.

USDe Supply Falls Below 3.1 Billion: Slimming Down

The supply of USDe has slimmed down to under 3.1 billion, making it the latest crypto to go on a diet. Whether it’s shedding excess supply to get in shape for the market or just trying to fit into those skinny jeans, the dip below 3.1 billion is worth noting. It’s like the crypto world’s version of a juice cleanse—only time will tell if it’s a healthy move or just a trend.

Big Desk Energy

Startup insights, stories, and vibes sent to your inbox every Tuesday.

Follow us on X

Check out the Podcast

Listen to crypto founders and our weekly roundup on your favourite podcast platform