Circle contributes 1M USDC to Trump’s Inauguration Committee
Overcollateralized stablecoin issuers like Tether and Circle are collectively the world’s 18th-largest buyers of US government debt.
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Bounce and Arpa Chain surge 25% on Coinbase Pro listings
The “Coinbase effect” has just been observed for two of three tokens freshly listed on the exchange’s Pro platform. 267 Total views 15 Total shares Leading U.S. cryptocurrency exchange Coinbase has announced three new listings on its Pro exchange, predictably causing the tokens’ prices to pump.On Oct. 19, Coinbase Pro announced new listings in ARPA…

Altcoin Roundup: Data shows social metrics surge ahead of DeFi and NFT price rallies
A common saying in the investing world is “The trend is your friend,” a phrase that points to the idea that the majority of the time, sticking with the prevailing market trend will produce positive results.Some of the common metrics used to identify market trends include: technical analysis, which involves studying price charts to spot…

Bitcoin whales go on 'unprecedented' $23B July buying spree — New data
Bitcoin permanent holders boost their balances by 358,000 BTC in a firm commitment to current price levels.

Hashpower Could Migrate From East to West as Global Mining Landscape Changes
The head of Ripple SBI Asia asserts that hashpower is migrating from east to west, however, notes that significant tensions remain between Chinese and U.S. mining firms. 215 Total views 15 Total shares Speaking to Cointelegraph, the CEO of Ripple SBI Asia, Adam Traidman, predicted that the mining industry will continue to see hash rate…

Indian Tech Giant Mahindra Speeds Up Cross Border Transactions with Blockchain
Tech Mahindra, the IT subsidiary of Indian conglomerate Mahindra Group, has become the first Indian business to use R3’s blockchain-based Marco Polo Network for conducting cross-border transactions.It said the platform had resulted in faster reconciliation and ambiguity resolution, as well as the significant reduction of paperwork and time required for the entire transaction cycle.Tech Mahindra…

Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).According to an F-1 filing dated Dec. 2, the firm is looking to sell $500 million worth of shares in its IPO. The recent filing states:“We…

Breaking: Coinbase targeted by state security regulators concurrent to SEC lawsuit
The SEC is suing the cryptocurrency exchange for alleged unregistered securities offerings. 1112 Total views 2 Total shares According to a statement published by the Alabama Securities Commission on June 6, a multi-state task force comprising of state regulators from Alabama, California, Illinois, Kentucky, Maryland, New Jersey, South Caroline, Vermont, Washington, and Wisconsin have issued…

Crypto fund’s unlikely strategy: Taking on Bitcoin and S&P 500 returns
Bitcoin has been one of the best-performing assets on the planet since its launch in 2009. The digital coin rose nearly 9 million percent in price between 2010 and 2019. Simply holding or averaging into Bitcoin (BTC) positions yields a certain profit benchmark. Finding an investment or trading strategy that outpaces Bitcoin's performance can prove difficult, but…