Crypto Exchanges Brace for EU’s MiCA Rules: Stablecoins Delisted by Uphold, Binance

June 20, 2024 Bitcoin.com

Altcoins

This month, several cryptocurrency exchanges are delisting certain stablecoins to align with the European Union’s Markets in Crypto-Assets (MiCA) regulations, which establish more stringent rules for fiat-backed and algorithmic stablecoins in the European Economic Area (EEA). Uphold announced it will delist a selection of stablecoins on July 1, and Binance has recently removed stablecoin funding […]

South Korean researcher sees risks with spot crypto ETFs

SEC’s scrutiny of USDC could derail Circle IPO plan: Barron’s

June 19, 2024 The Crypto Briefing

Circle

Circle's anticipated IPO faces regulatory hurdles as the SEC questions if USDC, its stablecoin, should be classified as a security.

The post SEC’s scrutiny of USDC could derail Circle IPO plan: Barron’s appeared first on Crypto Briefing.

South Korean researcher sees risks with spot crypto ETFs

Franklin Templeton Enables USDC Conversions on Benji Investments Platform

June 6, 2024 Bitcoin.com

Benji Investments

Franklin Templeton has announced that users of its Benji Investments platform can now convert USDC stablecoin to U.S. dollars to fund their investment in the Franklin Onchain U.S. Government Money Fund. This development allows institutional wallets to purchase shares represented by BENJI tokens. USDC Conversions Now Available for Franklin Templeton’s Onchain Fund on Benji Global […]

South Korean researcher sees risks with spot crypto ETFs

Circle Officially Launches in Brazil, Partners With Latam Giants BTG Pactual and Nubank

May 31, 2024 Bitcoin.com

Altcoins

Circle, the company behind USDC, the second-largest stablecoin in the cryptocurrency market, has announced its official launch in Brazil. The company inked an alliance with BTG Pactual, the largest investment bank in Latam, to provide onboarding and distribution services for Brazilian companies. Circle also partnered with Nubank, a leading digital neobank. Circle Partners With BTG […]

South Korean researcher sees risks with spot crypto ETFs

FDUSD Supply Shrinks by 29% Amid Stablecoin Supply Shifts

May 26, 2024 Bitcoin.com

Altcoins

The stablecoin market has experienced modest growth over the past two weeks, with valuations increasing by approximately $590 million. Among the top five U.S. dollar stablecoins, Ethena’s USDE saw the largest supply growth, rising 17.5%. In contrast, First Digital’s FDUSD experienced a 29% supply decrease. Stablecoin Valuations Adjust With Diverse Market Movements in May Since […]

South Korean researcher sees risks with spot crypto ETFs

Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade

May 18, 2024 The Daily Hodl

Altcoins

Ethereum (ETH) rival Fantom (FTM) has outpaced the broader crypto market and surged in price this week amid a new upgrade. FTM is trading around $0.801 at time of writing. The 55th-ranked crypto asset by market cap is up nearly 5.5% in the past 24 hours and more than 15% in the past week. By […]

The post Fantom (FTM) Defies Crypto Market Doldrums and Surges 15% This Week Amid New Chain Upgrade appeared first on The Daily Hodl.

South Korean researcher sees risks with spot crypto ETFs

Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report

May 15, 2024 The Daily Hodl

Altcoins

Stablecoin issuer Circle is reportedly looking to move its domicile to the US ahead of its planned upcoming initial public offering (IPO). According to a new report by Bloomberg, Circle, which issues the dollar-pegged crypto asset USDC, is planning on moving to the US from Ireland. An anonymous company spokesperson told Bloomberg that the court […]

The post Stablecoin Issuer Circle Files To Move Headquarters to USA Ahead of Planned IPO: Report appeared first on The Daily Hodl.

South Korean researcher sees risks with spot crypto ETFs

Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi

May 13, 2024 Bitcoin.com

BASE

Franklin Templeton, a global investment behemoth, has praised the development and growth of Base, the Coinbase-incubated Ethereum L2. On social media, the company declared that Base had “hit a home run” due to its popularity with meme coins and socialfi applications, including the pioneering app in the space, Friend.tech. Franklin Templeton Praises Base’s Performance, Comments […]

South Korean researcher sees risks with spot crypto ETFs

Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain

May 6, 2024 The Daily Hodl

Altcoins

Whales reportedly had a field day over the weekend, gobbling up millions of dollars worth of digital assets from crypto exchange Binance. Blockchain tracking firm Lookonchain says that on Saturday, crypto whales withdrew stacks of the decentralized oracle project Chainlink (LINK), meme token Pepe (PEPE), decentralized exchange Uniswap (UNI), stablecoin governance token Maker (MKR) and domain […]

The post Whales Accumulate Chainlink, Pepe and Three Other Altcoins From Binance: Lookonchain appeared first on The Daily Hodl.

South Korean researcher sees risks with spot crypto ETFs

New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics

May 1, 2024 The Daily Hodl

Altcoins

Market intelligence platform Kaiko Analytics reports that new competitors are chipping away at Tether’s (USDT) stablecoin dominance. In a new report titled “Tether Loses Market Share,” Kaiko Analytics says that the stablecoin issuer’s market share over centralized exchange platforms (CEXs) has dipped 13% year-to-date (YTD) due to the growth of rival dollar-pegged digital assets, such […]

The post New Competitors Eating Away At Tether’s USDT Stablecoin Dominance: Kaiko Analytics appeared first on The Daily Hodl.

USDC

Share this video