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.

Avsnitt(721)

March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

March 30: Matt Damon’s Lame Crypto.com Excuse & SEC Says Rules Already Exist

Matt Damon said that he only took the crypto.com money to… well… let’s see if you believe him. Gary Gensler goes in front of the US Senate. And Binance US clients have issues withdrawing their cash.Ne...

30 Mars 20238min

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

March 29: SBF Alleged China Bribery, Binance & Voyager, Kraken’s F1 Sponsorship

Ups and downs in the news, the markets, & in the web 3 space. Bad news for SBF. Great news for BTC prices. And, Kraken is going international. _________News Links 👇 https://decrypt.co/124747/sam-bank...

29 Mars 20239min

March 28: CFTC Sues Binance

March 28: CFTC Sues Binance

Binance is under much scrutiny, and the CFTC has loads of evidence against them. Today in Web 3 we look at some of the evidence.___News Links 👇 https://www.theblock.co/post/223181/uk-government-nft-c...

28 Mars 202311min

March 27: Artist Rolls Back Opinion, SVBs Assets Buyer, Someone Lost a Punk

March 27: Artist Rolls Back Opinion, SVBs Assets Buyer, Someone Lost a Punk

There is nothing worse than an artist that makes art and doesn’t stand behind it. Artist Benjamin Von Wong got on the wrong side of the Bitcoin community and capitulates. _______News Links 👇 https://...

27 Mars 202310min

March 24: Attorney Opinion on SEC vs Crypto

March 24: Attorney Opinion on SEC vs Crypto

SEC has crypto under the microscope and they are taking action. But, is this action politically or legally motivated? What is the SEC really trying to accomplish? And, are they giving Coinbase fair tr...

24 Mars 202319min

March 24: Do Kwon Arrested, SEC’s Warning, Ark Keeps Buying

March 24: Do Kwon Arrested, SEC’s Warning, Ark Keeps Buying

Do Kwon arrested, SEC’s warning, Ark keeps buying, & I explain what is going on with this podcast and my new ventures. _______News Links 👇 https://decrypt.co/124392/do-kown-arrested-montenegro-says-c...

24 Mars 202312min

March 23: We Stand with Coinbase

March 23: We Stand with Coinbase

Yesterday the SEC gave a Wells Notice to Coinbase, alleging that Coinbase has been all a long dealing in unregistered securities. Coinbase says they have been in constant communication with the SEC. Y...

23 Mars 202310min

March 22:  White House Takes Aim at Crypto

March 22: White House Takes Aim at Crypto

President Biden releases a scathing report calling crypto ignorant of basic economic principles ___________News Links 👇 https://cointelegraph.com/news/onecoin-head-of-compliance-facing-40-year-senten...

22 Mars 20238min

Populärt inom Business & ekonomi

framgangspodden
varvet
badfluence
rss-jossan-nina
rss-svart-marknad
svd-tech-brief
avanzapodden
uppgang-och-fall
borsmorgon
rss-borsens-finest
rss-dagen-med-di
rss-inga-dumma-fragor-om-pengar
kapitalet-en-podd-om-ekonomi
rss-kort-lang-analyspodden-fran-di
tabberaset
bathina-en-podcast
fill-or-kill
affarsvarlden
rikatillsammans-om-privatekonomi-rikedom-i-livet
market-makers