USDC market cap soars to 2024 high of $37.10B, thanks to… – BitRss – Crypto World News
As USDC reaches a 2024 high, looking at reasons for behind growth and its ongoing stablecoin dominance.
Similar Posts
David Schwartz Says His “XRP Can’t be Dirt Cheap” Comment Came from a Payment PoV
The Ripple CTO Emeritus, David Schwartz, recently stressed that his “XRP can’t be dirt cheap” comment came from a payment point of view. – Schwartz, former CTO at Ripple, has again explained his long-held view on XRP’s price and how it relates to its use in payments. He addressed the topic amid renewed discussions about…
Ethereum Price Prediction: Can ETH Hit $3,500? Cardano and ATOM Show Signs of Reversal – Brave New Coin
As the cryptocurrency market endures a volatile phase, Ethereum (ETH), Cardano (ADA), and Cosmos (ATOM) are attracting attention due to their potential for mega price rebounds. Ethereum is aiming for $3,500, Cardano for $1.20, and ATOM for $15, so investors and traders are watching these assets for a bullish comeback. Ethereum Price Prediction: Can ETH…
Terraform Labs to shut down following the SEC settlement – CoinJournal
Current CEO Chris Amani announced that Terraform Labs will wind down. Terraform Labs will sell its remaining assets to various digital asset management firms. More information about Terraform Labs’ dissolution and the distribution of its assets will be released in the coming weeks. The CEO of Terraform Labs, the blockchain protocol founded by Do Kwon,…
JPMorgan Doubts SEC Will Approve Spot Solana ETFs Amid Regulatory Concerns
Wall Street giant JPMorgan Chase has expressed skepticism about the potential approval by the U.S. Securities and Exchange Commission (SEC) of a spot Solana ($SOL) exchange-traded fund (ETF), or on the approval of such a fund offering exposure to other altcoins. JPMorgan’s managing director and global marketing strategist Nikolaos Panigirtzoglou noted that the SEC’s historical…
ConSensys says Web3Auth acquisition to ‘greatly improve’ MetaMask UX
ConSensys has acquired the crypto wallet infrastructure provider Web3Auth, which it says will bolster the user experience for its popular crypto wallet offering MetaMask. ConSensys said in a June 2 blog post that the acquisition, which it did not share further details on, “will greatly improve MetaMask user experience by addressing one of the biggest…
Cardano Price Teases Reversal Patterns Despite a Slippery Slope
Cardano (ADA) price has been trading quietly, up just 2.2% over the past week. But this sideways movement might not last much longer. On-chain data shows whales are back in action, while broader market conditions suggest the network could be preparing for a shift in direction. The next few days may decide whether this slow…
