May 6: Stablecoin Transaction Volume Fake?

May 6: Stablecoin Transaction Volume Fake?

Grayscale's Bitcoin ETF has seen inflows for the first time since its January debut, indicating a possible resurgence of investor interest in cryptocurrency as an investment vehicle. This shift could suggest a broader trend of returning confidence in the stability and potential of digital assets. On the regulatory front, a new report claims that less than 10% of stablecoin transaction volume originates from "real users," raising questions about the actual utility and market manipulation within the stablecoin segment, which might prompt closer scrutiny by regulators concerned about transparency and fair trading practices.


Additionally, the Bitcoin network has reached a monumental benchmark, surpassing one billion transactions. This achievement not only underscores Bitcoin's robustness and enduring appeal but also highlights its significant role as a foundational technology in the cryptocurrency ecosystem. These developments collectively reflect the dynamic and evolving nature of the cryptocurrency market, characterized by investor re-engagement, regulatory challenges, and technological milestones that continue to shape the industry's landscape.

________


https://substack.com/@dcndailycryptonews


News Links 👇


https://www.coindesk.com/business/2024/05/04/grayscales-bitcoin-etf-sees-inflow-for-first-time-since-january-debut/?_gl=1*a9tbjm*_up*MQ..*_ga*MTA0OTk5Mjk0Ni4xNzE1MDAwMjc5*_ga_VM3STRYVN8*MTcxNTAwMDI3OC4xLjAuMTcxNTAwMDI3OC4wLjAuMjEwMzkzOTU0Mw..


https://www.coindesk.com/policy/2024/05/06/less-than-10-of-stablecoin-transaction-volume-coming-from-real-users-report/


https://forkast.news/bitcoin-network-surpasses-1-billion-transactions/


———


***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST EDUCATION & ENTERTAINMENT!


©Copyright 2024 Matthew Aaron Podcasts LLC



Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(809)

July 23: Bitcoin Faces Macro Pressure as ETFs Keep Buying

July 23: Bitcoin Faces Macro Pressure as ETFs Keep Buying

Bitcoin remains caught between strong ETF demand and an increasingly difficult macroeconomic environment. Matt explains how rising Treasury yields, the possibility of additional Federal Reserve rate h...

23 Juli 0s

July 21: Bitcoin ETFs Extend Their Inflow Streak

July 21: Bitcoin ETFs Extend Their Inflow Streak

Bitcoin moved back above $66,000 as U.S. spot Bitcoin ETFs recorded a fifth straight day of inflows, bringing roughly $727 million into the market over that stretch. The episode also covers renewed mo...

21 Juli 0s

Bitcoin Stuck in Neutral as Traders Wait for the Next Move

Bitcoin Stuck in Neutral as Traders Wait for the Next Move

Craig reviews another slow week across the crypto market, with Bitcoin continuing to struggle below $65,000 and most major coins trading sideways. He remains long Litecoin after a clean daily breakout...

20 Juli 0s

July 20: Strategy Keeps Raising Cash While Regulators Race the Clock

July 20: Strategy Keeps Raising Cash While Regulators Race the Clock

Strategy's latest stock sale led today's discussion after the company raised another $163 million without purchasing additional Bitcoin, increasing its cash reserves while maintaining more than 843,00...

20 Juli 0s

July 17: Why Blockchain Could Fix Elections

July 17: Why Blockchain Could Fix Elections

Traditional finance continues embracing crypto as Morgan Stanley's E*TRADE launches Bitcoin, Ethereum, and Solana trading for eligible retail clients, Citadel Securities invests $400 million in Crypto...

17 Juli 16min

July 16: Tokenization Goes Live on Wall Street

July 16: Tokenization Goes Live on Wall Street

The DTCC processed live production trades involving tokenized stocks, ETFs, and U.S. Treasuries with participation from firms including JPMorgan, Goldman Sachs, BlackRock, and Vanguard. Matt explains ...

16 Juli 15min

July 14: Banks Fight the Clarity Act

July 14: Banks Fight the Clarity Act

Japan continues pushing stablecoins into the mainstream as JCB, the country's largest card network, partners with Circleto explore USDC for cross-border payments and merchant transactions. Matt also c...

14 Juli 7min

Bitcoin Sits on Support While Bears Wait for Confirmation

Bitcoin Sits on Support While Bears Wait for Confirmation

Start your free 7-day trial of Market Intern at https://marketintern.com and see how Craig identifies high-probability trading setups before they develop.Craig Cobb returns from a short break to walk ...

13 Juli 7min

Populärt inom Business & ekonomi

framgangspodden
badfluence
dynastin
varvet
uppgang-och-fall
rss-borsens-finest
svd-tech-brief
avanzapodden
rss-inga-dumma-fragor-om-pengar
tabberaset
rikatillsammans-om-privatekonomi-rikedom-i-livet
fill-or-kill
bathina-en-podcast
rss-kort-lang-analyspodden-fran-di
rss-dagen-med-di
borsmorgon
rss-veckans-trade
borslunch-2
ekonomiekot-extra
montrosepodden