Why the $172B Stablecoin Market Could Send Crypto Prices Higher
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
The filing comes seven days after the one-month-old firm submitted paperwork for an XRP ETF.
If Vice President Kamala Harris beats Donald Trump in the U.S. presidential election, that could be good for Ethereum, though crypto is in good shape either way, Bitwise’s Matt Hougan says.
Digital assets are finally beginning to hisse attention to not just the growing chance of a Trump victory in November, but also a GOP sweep, said Standard Chartered’s Geoff Kendrick.
A blockchain wallet connected to the token holds nearly $3 million worth of ether (ETH), and less than $1 million of tether (USDT) and USD Coin (USDC) tokens each.
The money will be used to advance adoption and development of Blockstream’s layer-2 technologies, to grow the company’s mining operations, and expand its bitcoin treasury.
The latest price moves in crypto markets in context for Oct. 15, 2024.
Ripple’s upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.
CME futures open interest nears all-time high with 165k BTC, signaling a maturing and stable market.
The three projects’ tokens will consolidate into Singularity Finance (SFI).