USDC

Brad Garlinghouse Predicts Regulatory Clarity for Stablecoins in 2024, Says Dollar-Pegged Crypto Solves Real Need

January 21, 2024 The Daily Hodl

Brad Garlinghouse

Ripple Labs chief executive Brad Garlinghouse is predicting that regulatory clarity will come to stablecoins in 2024. In a new interview with CNBC International, Garlinghouse says that the US government will create clear guidelines for the stablecoin industry this year as he believes dollar-pegged crypto assets have important utility. “I think this year there will […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Stablecoins Remain Blockchain and Crypto’s ‘Killer App’ Amid Tech Advancements, Says Circle CEO Jeremy Allaire

January 17, 2024 The Daily Hodl

Altcoins

Circle chief executive Jeremy Allaire thinks additional regulatory clarity will pave the way for increased stablecoin adoption in 2024. In a new interview with CNBC International TV, Allaire predicts that the recent approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the US will act as “the tide that lifts all boats” in the crypto […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Orbit Chain Offers Multi-Million Dollar Bounty to the Public After Suffering $81,000,000 Hack Last Month

January 12, 2024 The Daily Hodl

Altcoins

The decentralized cross-chain protocol Orbit Chain is allocating a hefty amount to identify the culprit who stole $81 million worth of crypto assets from the platform. In December, an attacker exploited the protocol’s cross-chain bridge and looted $30 million worth of USDT, $22.5 million worth of Ethereum (ETH), $10 million worth of DAI, $10.44 million […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

USDC Issuer Circle Submits Preliminary Documents to the SEC in Preparation for a Proposed IPO in the US

January 12, 2024 The Daily Hodl

Altcoins

USDC issuer Circle wants to become a publicly traded company in the US. The stablecoin company says in a new announcement that it submitted a draft registration statement to the Securities and Exchange Commission (SEC) related to a proposed initial public offering (IPO) of its equity securities. Circle notes that it has not determined the […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Coinbase Expanding to Africa by Teaming Up With Leading African Stablecoin Exchange Yellow Card

January 11, 2024 The Daily Hodl

Africa

The top US-based crypto exchange platform is venturing into Africa after announcing that will be teaming up with Yellow Card, a leading African stablecoin exchange. In a new blog post, Coinbase says that as part of its plan to reach 20 countries on the continent, it’s partnering up with Yellow Card to provide millions of […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Privacy-Focused Altcoins Suffer Price Drops After Crypto Exchange OKX Says It Will Delist Monero, Zcash and Dash

December 31, 2023 The Daily Hodl

Altcoins

A trio of privacy-focused altcoins are seeing dips in price after a prominent crypto exchange platform said it is going to delist them. In a new company blog post, the Seychelles-based crypto exchange OKX says that it’s going to delist Monero (XMR), Zcash (ZEC), and Dash (DASH) as they no longer fit the firm’s listing […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Coinbase’s Ethereum Layer-2 Solution’s Total Value Locked Hits New All-Time High, Reaches $742,000,000

December 26, 2023 The Daily Hodl

BASE

The total value locked (TVL) in Base, Coinbase’s Ethereum (ETH) layer-2 scaling solution, has hit a new all-time high, reaching nearly $750 million. New data from layer-2 blockchain tracker L2Beat reveals that the TVL of Base is hovering at $742 million at time of writing, a new record high and an exponential rise since July […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

USDC Issuer Circle Secures ‘Conditional’ Registration To Operate in France After Coinbase Receives Green Light

December 22, 2023 The Daily Hodl

Blockchain

Financial markets regulators in France just granted USDC stablecoin issuer Circle a conditional registration as a Digital Asset Service Provider (DASP). The French Financial Markets Authority (AMF) requires DASPs to register to operate as a crypto trading platform or to provide services related to digital asset custody, buying and selling of cryptocurrencies in a legal […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Bitcoin to surge to $80K as stablecoins overtake Visa in 2024: Bitwise

December 14, 2023 Coin Telegraph

Bitcoin

Bitwise isn’t alone in its bullishness on stablecoins with Circle CEO Jeremy Allaire predicting the explosive growth of the sector due to a “huge appetite” for digital dollars.

Bitcoin is poised to record a new all-time high of $80,000 in 2024, the same year stablecoins are set to collectively settle more money than payments giant Visa, says a Bitwise senior research analyst.

In a Dec. 13 post to X (formerly Twitter), Bitwise’s Ryan Rasmussen outlined ten bullish predictions for the crypto industry in 2024, with one of the major themes being the explosive growth of the stablecoin industry.

According to Bitwise, stablecoins will be used to settle more volume than Visa payments volume, describing the dollar and other asset-pegged tokens as one of crypto’s most “killer apps.”

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum

Societe Generale To Become First TradFi Bank To Launch a Stablecoin, Plans Debut on Bitstamp: Report

December 7, 2023 The Daily Hodl

Altcoins

One of the largest banks in France is reportedly becoming the first traditional finance (TradFi) institution to issue its very own stablecoin. According to a new report by The Financial Times, French bank Societe Generale (SocGen) has launched its own Euro-pegged digital asset – dubbed the EUR ConVertible – on the Luxembourg-based crypto exchange platform […]

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Bitcoin Technical Analysis: Oscillators Indicate Neutral Momentum