Coinbase Reaps Growing Rewards from Circle Ties and USDC Economics: JPMorgan

Coinbase’s (COIN) partnership with Circle (CRCL) and exposure to Circle’s USDC stablecoin is generating significant financial upside, both through equity appreciation and high-margin revenue streams, according to a new report from Wall Street bank JPMorgan. The total value of Circle-related economics to Coinbase shareholders is estimated at $55 to...
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ECB Says U.S.-Backed Stablecoin Use in EU Could Weaken Its Monetary Autonomy

Widespread use of U.S. dollar-denominated stablecoins in the European Union (EU) for payments or settlement could damage the European Central Bank’s control over monetary conditions, an ECB adviser said. If U.S.-backed stablecoins, digital assets that are backed by the dollar, gain traction for use in the EU, the effect...
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Take Note XRP Traders: This Leveraged ETF Is ‘Designed To Be Traded Each Day’

Sal Gilbertie, President of Teucrium Trading on Monday outlined the growing momentum behind cryptocurrency ETFs, especially those beyond Bitcoin (CRYPTO: BTC). What Happened: Speaking with CNBC, Gilbertie emphasized that regulatory openness and surging investor interest are accelerating the arrival of new, specialized crypto funds. With regards to the success...
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Dogecoin Drops 15% In 1 Week: Why Do Whales Keep Buying The Dip?

Dogecoin (CRYPTO: DOGE) has slumped 15% over the past seven days, but that hasn’t stopped large holders from scooping up tokens at discounted levels. Despite short-term weakness, long-term bullish sentiment appears intact. Cryptocurrency Ticker Price Market Cap 7-Day Trend Dogecoin (CRYPTO: DOGE) $0.2276  $34.2 billion -14.7%  Shiba Inu (CRYPTO:...
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