Stablecoins Can Help Fix the Current Lending Market
The Küresel Financial Crisis reduced the depth of capital markets. Blockchain-based stablecoins can help fill the gap, say Christine Cai and Sefton Kincaid, of Cicada Partners.
Financial
Bitcoin ETF Looks Very Likely Given These Bureaucratic SEC Steps
We see a 98% chance of approval in the next couple of weeks and the high likelihood of a Bitcoin rally to follow.
USDC Stablecoin Momentarily Depegs to $0.74 on Binance
The stablecoin immediately snapped back to its $1 peg on Binance.
ENS Token Jumps 50% as Vitalik Buterin Hails It as ‘Super Important’
The token touched the highest level since April and volume increased more than 600%.
First Mover Americas: Bitcoin’s Strong Start to January May Falter
The latest price moves in crypto markets in context for Jan. 3, 2024.
Bitcoin Spot ETF Proposals to Be Rejected by SEC: Matrixport
“SEC Chair Gensler is not embracing crypto in the U.S., and it might even be a very long shot to expect that he would vote to approve bitcoin spot ETFs,” Matrixport said
Bitcoin Slumps as $400M Liquidated in Two Hours
Financial services company Matrixport said it expects the SEC to reject all ETFs applications this month.
BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
BRC-20 marketplace UniSat said it will follow a proposed change in the token standard that has met with opposition from Domo, the pseudonymous creator of BRC-20.
Arbitrum Token Sets Record High as Value Locked Crosses $2.5B
Transaction volumes on the network overtook those for Solana-based applications, which boomed after a göğüs coin-led frenzy in December.
EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT
Concerns over contagion have triggered the need to “dig deeper into the links between banks and other financial firms,” José Manuel Campa, the chair of the EBA told the FT.