Japan's Financial Services Agency (FSA) is trying to legalise stablecoin distribution. New 2023 legislation enable stablecoins like Tether (USDT) and USD Coin (USDC).
The combined crypto market cap was down 0.31% and pegged at $921 billion. With the seemingly bearish trend, here is a brief rundown of altcoins entering the new week with an impressive weekly performance.
With varying fundamentals driving their inherent growth, Flow (FLOW), Quant (QNT), and Decred (DCR) are the three altcoins expected to become the next wave of bullish momentum in the crypto ecosystem.
To meet the diversified needs of cryptocurrency users, Singapore-based crypto exchange Bit.com has launched Staked Ether (STETH) on spot and perpetual futures markets.
Not all of the top altcoins saw a plunge in their value in the Week-to-Date (WTD) period and here are three of the most resilient coins which printed good growth amid a sweeping bearish slump.
Despite the headway BTC and ETH recorded in the past week, a number of altcoins saw more impressive growths. These altcoins with the most impressive growth include APE, BAT, and GRT.