Circle announces 2.4 trillion boom: Asia relies on stablecoins
“Asia has the highest adoption rate for stablecoins in the world,
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Arthur Hayes: Here's Why Bitcoin Will Reach $3.2 Million
Arthur Hayes, founder of the BitMEX crypto exchange and investment director of the Maelstrom fund, predicted that Bitcoin could reach $3.2 million by 2028. The entrepreneur believes that the growing supply shortage and rapidly growing demand for the world's first…
Bitcoin rally: JPMorgan announces new price target
US banking giant JPMorgan says Bitcoin should rise to around $165,000 on a volatility-adjusted basis relative to gold. The firm's models suggest the reserve cryptocurrency would need to rise by about 40 percent from current levels. The sharp rise in…
Central banks won't want to create Bitcoin reserves, says Ray Dalio
Bridgewater Associates hedge fund founder Ray Dalio suggested on the Master Investor podcast that central banks around the world will be reluctant to add Bitcoin to their government asset reserves due to the “open nature of the first cryptocurrency.” Dalio…
Ripple stablecoin expands – but the winner is not XRP
Ripple's stablecoin RLUSD has risen to a market capitalization of nearly $800 million, establishing itself as one of the fastest-growing USDT competitors. But there's a problem for the in-house XRP Ledger. According to DefiLlama, more than $700 million of RLUSD,…
Bitcoin Tests $123,000, But Analysts Remind of Risks
On the evening of October 3, the leading cryptocurrency rose above $123,000, and Ethereum surpassed the $4,500 mark. 15-minute chart of BTC/USDT on Binance. Source: TradingView. At the time of writing, digital gold had corrected to $122,800. The asset has…