Cathie Wood drops BTC forecast by $300K, says stablecoins eroding market share
Stablecoins have emerged as a store-of-value asset in emerging market economies at a rate no one predicted, Wood said on Thursday.
Stablecoins have emerged as a store-of-value asset in emerging market economies at a rate no one predicted, Wood said on Thursday.
Original source
Read on CointelegraphRelated market context
Ripple chases AI’s machine economy as XRPL stablecoins near $1 billion
Stablecoin liquidity on the XRP Ledger (XRPL) has nearly doubled over the past month, putting the network within reach of a $1 bil...
Crypto Volume Drops To 2-Year Low—Is A Relief Rally Next?
On-chain data shows trading volume in the crypto sector has slumped to the lowest level in two years, a sign that investors have t...
Crypto exchanges are opening a two-front war for the stock market
Binance, Kraken, Bybit, and Gemini are moving to add US stocks and ETFs to their crypto trading apps, making a direct play for the...
Canton Network Developer Digital Asset Raises $355 Million Led by a16z Crypto to Bring Wall Street Onchain
Digital Asset, the developer of the Canton Network, raised $355 million in a funding round led by a16z crypto, the company announc...
Citi launches blockchain marketplace for private companies shares: Report
The US banking giant's blockchain marketplace will offer tokenized depositary receipts of private company shares amid Wall Street'...
United States drops new demands on Iran deal as $1B crypto seizure adds digital dimension to negotiations
The US's crypto asset seizure from Iran highlights the increasing role of digital currencies in geopolitical negotiations and conf...