Tag: COIN:USDCUSD
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Crypto This Thursday: Tesla Holds BTC in 3Q, Coinbase Picks Ireland as European Hub, and More
Bitcoin breaks above $28,500 ahead of Powell speech On October 19, Bitcoin (COIN:BTCUSD) displayed a 1.45% increase, reaching $28,734, as investors eagerly awaited a crucial speech from Federal Reserve Chairman Jerome Powell. Uncertainty surrounding US economic policy and high 10-year bond yields kept investors on alert. BTC volatility has persisted, driven by optimistic outlooks, amid speculation that…
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Crypto This Wednesday: Stellar Integrates Smart Contracts, Floki Launches Staking Feature, and More
Stellar seeks to compete with Ethereum by adding smart contracts to its network A new competitor has emerged in the smart contract blockchain market, with the Stellar (COIN:XLMUSD) project, known for its payment solutions, preparing to integrate smart contract functionality into its platform. While Ethereum leads the industry, Stellar hopes to attract developers and users to…
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Crypto This Monday: Ferrari Will Expand Crypto Payments, Controversy With New KYC Hook on Uniswap v4, and More
Bitcoin rising monday morning on ETF approval hopes Bitcoin (COIN:BTCUSD) experienced an increase on Monday as hopes grow that a Bitcoin exchange-traded fund (ETF) may be approved soon. The price of Bitcoin rose above $28,000, reversing the losses from the previous week. The SEC’s decision not to appeal the Grayscale’s legal reversal to turn their…
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Crypto This Wednesday: JPMorgan’s Historic TCN Transaction, Monopoly Embraces ETH, and More
JPMorgan activates Tokenized Collateral Network (TCN) with historic transaction between BlackRock and Barclays JPMorgan Chase (NYSE:JPM) has successfully launched Tokenized Collateral Network (TCN), its blockchain-based collateral settlement application, in a groundbreaking transaction involving BlackRock (NYSE:BLK) and Barclays (NYSE:BCS). TCN enables near-instant conversion and transfer of tokenized assets, revolutionizing collateral settlement and signaling a challenge to traditional systems. The bank…
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Crypto This Tuesday: Crypto Aid Israel Launched, Binance Freezes Hamas Accounts, and More
Bitcoin maintains stability amid the war between Israel and Hamas Although crypto markets suffered a 2% drop on Monday as the Israel-Palestine conflict created geopolitical uncertainty, Bitcoin (COIN:BTCUSD) remains remarkably stable. The price of Bitcoin saw few significant fluctuations during the escalation of violence, defying previous predictions. While geopolitical tensions have historically influenced markets, Bitcoin has appeared…
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Crypto This Wednesday: Ledger Controversy Over Keys; Stanford May Return FTX Donations, and More
Grayscale abandons post-merger Ethereum PoW tokens and explores new opportunities with Ethereum and Bitcoin ETFs Cryptocurrency investment firm Grayscale has decided to relinquish rights to proof-of-work (PoW) post-merger Ethereum tokens (ETHPoW) on September 18. The decision came after finding that these tokens did not reach relevant liquidity and the lack of support from custodians. The company took six…
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Crypto This Tuesday: TON and CANTO Jumped On The Week, USDC Expanded on Polkadot, and More
Circle launches USDC stablecoin on Polkadot ecosystem Stablecoin issuer Circle has introduced USDC (COIN:USDCUSD), a dollar-backed stablecoin, to the Polkadot ecosystem, expanding its presence on new blockchains. Polkadot is a platform that integrates specific blockchains, known as parachains. The native version of USDC has been launched on Polkadot Asset Hub, facilitating its transfer between parachains. Thus, all blockchains…
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Crypto This Friday: Celsius and Core Scientific Deal, Friend.tech’s Rise in NFTs, and More
US$45 Million settlement ends dispute between Celsius and Core Scientific Celsius and Core Scientific (USOTC:CORZ) have reached a $45 million settlement to end a legal dispute. According to court records released Thursday, Celsius will pay $14 million in cash and the balance in adjusted shares. The agreement still awaits approval from courts in Texas and New York. The…
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Crypto this Friday: Mirae Asset and Polygon Boost Tokenization, JPMorgan Explores Digital Token, and more
JPMorgan explores digital token for international transactions JPMorgan Chase (NYSE:JPM) is evaluating the creation of a blockchain-based digital token to streamline cross-border transactions and settlements. The infrastructure for this innovation is already in place, awaiting regulatory approval. Unlike JPM Coin, this token aims to simplify interbank transfers and can be used for transactions of tokenized digital assets. The…
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Crypto This Thursday: Lufthansa Launches NFTs, Uniswap Acquitted in Court Case, and More
New York court classifies Ether and Bitcoin as ‘commodities’ and dismisses case against Uniswap A New York court has defined Ether (COIN:ETHUSD) and Bitcoin (COIN:BTCUSD) as commodities and has ruled out a class action lawsuit against cryptocurrency exchange Uniswap. The lawsuit alleged that Uniswap had violated US securities laws, but Judge Katherine Polk Failla stated that…