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Circle's USDC, the second-largest stablecoin on the market, rose to a record market capitalization over $56 billion this week as stablecoin growth showed signs of reaccelerating.USDC added $10.2 billion to its market cap over the past month, driven primarily by rising Solana-based DeFi trading volumes, Artemis data shows. That's
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Crypto mid-caps are struggling. While some digital asset investors may seek hidden gems and future powerhouses in the next tier of market capitalization and liquidity, that pursuit has generally not been rewarded. Furthermore, mid-caps have delivered significantly higher volatility. Less reward, more risk. What gives?Is this a mirror of “Mag
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CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 3136.62, down 0.6% (-20.46) since 4 p.m. ET on Tuesday.Six of 20 assets are trading higher.Leaders: APT (+1.8%) and DOT (+1.7%).Laggards: LTC (-4.7%) and HBAR
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If you asked a cypherpunk in the 1990s about their worst-case scenario for the future of money, they probably would have described something very close to Central Bank Digital Currencies (CBDCs). The fight against financial surveillance was fundamental for Bitcoin’s early instigators, and CBDCs go against everything they stand for:
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The X account of Semler Scientific chairman Eric Semler has seemingly been compromised, with various posts from it pointing to the supposed creation of a Solana-based token under the same trading symbol that the firm trades under at Nasdaq.The account shared a post suggesting that the token is looking to
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Loans from Galaxy and Ripple played a pivotal role in helping crypto exchange MoonPay handle the demand stemming from the launch of Donald Trump’s official memecoin after its Jan.18 issuance, a new podcast reveals.TRUMP launched days before the President's swearing-in ceremony. The token launch was a surprise move that made
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LinksDAO is launching its own community token, adding a highly tradeable asset alongside its nearly 10,000 membership non-fungible token (NFTs) this crypto golf club tried selling to fund its mantra: "We're gonna buy a golf course."NFTs aren't as trending as they were in early 2022 when LinksDAO sold its membership
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EMBARGO Feb 12 9 AM HK TIMEFireblocks, a provider of crypto custodian technology, said it added support for Sony's Soneium blockchain, an Ethereum layer-2 network that aims to bridge the conventional internet, or Web2, and the emerging, blockchain-based Web3.Fireblocks counts many large institutions among its clients, including large banks. Crypto
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The crypto industry got a chance to make a full-throated appeal for Congress to finally intervene and set legal standards for digital assets businesses in the U.S. during a hearing Tuesday in front of the House of Representatives subcommittee that focuses on digital assets.Under the Republican-led subcommittee's title "A Golden
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Ether (ETH), the second largest cryptocurrency by market capitalization, recently sunk to its weakest price compared to bitcoin (BTC) since late 2020 in a trade war-fueled panic crash, but a relief bounce might be on the horizon."ETH looks to be trying to establish some bullish momentum and could be looking
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