Circle shifts legal home to US ahead of IPO
Circle’s strategic shift away from Ireland could increase compliance costs, but the tradeoff suggests improved investor confidence. Go to Source
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Investment Firm Franklin Templeton: Base to Lead Ethereum L2 Sector, Powered by Socialfi
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 … Read more
Coinbase sees infinite interoperability potential with Ethereum and USDC
Coinbase head of tokenization Anthony Bassili described plans for its Base network at TokenizeThis 2024 in Miami. Go to Source
Starknet Foundation launches $5M grants program
The funding aims to help developers with final-stage blockchain projects come to market and boost overall blockchain innovation. Go to Source
3 signs hint that Bitcoin price is nearing a bottom
The result of today’s Federal Reserve minutes, Bitcoin miners’ robustness and increasing stablecoin demand in China could be signs that BTC has bottomed. Go to Source
Securitize raises $47M in strategic funding led by BlackRock
Crypto firms Aptos Labs, Paxos and Circle also took part in the funding that bodes well for the future of real-world asset tokenization. Go to Source
Bitcoin’s funding rate flattens, but should BTC bulls rejoice and buy the dips?
Bitcoin bulls tend to celebrate when BTC’s funding rate is negative, but is it really a “generational buying opportunity?” Go to Source
Turkey tops the world in stablecoin buying share vs. GDP
Stablecoin purchases in Turkey amount to 4.3% of GDP, the highest among global economies, according to Chainalysis. Go to Source
Stablecoin Market Shows Strong Recovery, Approaching All-Time High
The stablecoin market has been on a robust recovery path since October 2023, demonstrating resilience and steady growth. Recently, the stablecoin market cap has surged to $160 billion, edging closer to its previous all-time high of $188 billion with each passing day. The stablecoin market has been in a strong recovery since October of 2023. … Read more
Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash
This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1 parity on May 9, 2022. In the past month, various stablecoins have experienced an increase in supply, with Ethena’s USDE at the forefront, registering a … Read more