USDC trading volume soars 48% in July, driven by MiCA, market growth
The market capitalization of stablecoins increased by 2.1% to $164 billion in July, the highest level since April 2022. Go to Source
Month: July 2024
Market Volatility Surges Amid Global Uncertainty, Says QCP Capital
Recent analysis from QCP Capital highlights the intensifying macroeconomic volatility, driven by various factors including equity market sell-offs, unwinding currency trades, and fluctuating commodity prices. QCP Capital’s researchers foresee further turbulence ahead, particularly in light of upcoming Federal Reserve actions. QCP Capital Cites Heightened Volatility Ahead of Key Federal Reserve Decisions QCP Capital reports that … Read more
Artists sue SEC over NFT status, DraftKings kills NFT business: Nifty Newsletter
Two artists have taken legal action to demand clarification from the SEC over the status of NFTs. Go to Source
Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders. Go to Source
US Copyright Office reports ‘urgent need’ for protection from deepfakes
The Office is calling for the creation of a new law to deal with digital replicas. Go to Source
Regulators are misguided in efforts to restrict open-source AI
Lawmakers in Europe and California are worried about that open-source AI is “dangerous.” On the contrary — there is nothing dangerous about transparency. Go to Source
No Rate Cuts Yet: Fed Maintains Rates at Historic Highs
The U.S. Federal Reserve has opted to maintain the federal funds rate target range at 5.25-5.5%, according to the latest report from the Federal Open Market Committee (FOMC). The committee noted that while inflation has eased over the past year, it remains somewhat elevated, with the overarching goal being to bring inflation down to the … Read more
Bybit introduces Indian digital rupee CBDC payment option
The use of the CBDC on the cryptocurrency exchange will enhance security and, it hopes, attract merchants. Go to Source
Dive Into Wealth: MOONHOP Skyrockets as Crypto’s Newest Gem
Jump on to the $1M Presale MOONHOP Train: Leaving Dogecoin & Hamster Kombat in the Dust with a Trendsetting Presale Welcome to the dynamic realm of meme coins, where the unexpected is the norm and the next big hit is just a hop away. Today, we’re exploring Dogecoin’s challenges, the buzz around Hamster Kombat’s upcoming … Read more
Price analysis 7/31: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin bulls have held the $65,000 level, but BTC and altcoin charts show it’s too early for traders to expect a short-term trend reversal. Go to Source
