Crypto News

Circle Reports $18 Trillion in Lifetime USDC Transactions

The adoption and use of USDC, a widely used stablecoin issued by Circle, saw substantial growth in 2024, as highlighted in the company’s latest report. USDC Economy Sees Rapid Growth Amid Regulatory Advances In its report, Circle attributed this momentum to advancements in blockchain infrastructure, expanded regulatory clarity, and increasing global demand for efficient paymentSource link

Rate Cuts Delayed, Crypto Cautious, QCP Capital Insights Highlight Key Risks

QCP Capital has observed a notable recalibration in global market expectations regarding Federal Reserve policy, marked by the 10-year Treasury yield ascending to 4.8%—its highest level since late 2023. QCP Advises Caution While ‘Shrimp’ Investors Quietly Amass 17,600 Btc Monthly, Defying Market Turbulence In an adjustment that reflects shifting sentiment, markets now foresee no rateSource link

AI Agent Tokens Skyrocket as Franklin Templeton Highlights ‘Significant Promise’

Top AI tokens Virtuals Protocol and AI16z are soaring—and now Franklin Templeton is talking up the promise of AI agents and crypto.Source link

Dogecoin, XRP Lead Crypto Rebound, Bitcoin Tops $96K as Traders Await Key Inflation Data

Crypto prices bounced from Monday's wipeout with bitcoin (BTC) rising as high as $97,300 on Tuesday as traders eyed the latest batch of U.S. inflation data with more to come tomorrow.The largest crypto's dip below $90,000 yesterday was quickly bought up on reports that Donald Trump is preparing first-day executive orders benefitting the crypto industry. The advance continued today, supported by softer than expected U.S. Producer Price Index (PPI) readings for December.BTC recently changed hands at $96,500, up 3% over the past 24 hours, while the broad-market benchmark CoinDesk 20 Index outperformed with a 5% gain. Ripple's XRP and dogecoin (DOGE) led altcoin majors with 6%-7% advances.In traditional markets, the tech-heavy Nasdaq and the S&P 500 closed roughly flat.Zooming out,...

Solana and XRP ETFs Could Attract Billions, But Will Fall Short of Bitcoin: JP Morgan

Expected Solana and XRP ETFs could attract sizable investment, JP Morgan analysts said, but it's unlikely they'll match the Bitcoin boom.Source link