Treasury Secretary Scott Bessent Sees Stablecoin Market Surging Past $2 Trillion As Senate Advances Dollar-Pegged Crypto Bill

Treasury Secretary Scott Bessent said Wednesday that dollar-pegged stablecoins could reach a market capitalization of $2 trillion and beyond as the stablecoin bill advanced in the Senate. What happened: During a testimony before the Senate Appropriations Committee, Bessent underscored the Trump administration’s goal of preserving the dollar’s status as...
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Avalanche One To Watch? Transactions Explode 275%

On-chain data shows that the Avalanche network has recently experienced a surge in activity, with daily transactions increasing by more than 275%. Daily Number Of Transactions For Avalanche Has Shot Up According to data from the institutional DeFi solutions provider Sentora (previously IntoTheBlock), the Number of Transactions is significantly...
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Retail Returns to The Party as Bitcoin Teases New Peak

With Bitcoin teasing its all-time high over the past couple of days, “retail has gotten bullish,” reported blockchain analytics firm Santiment on June 11. Analysts at the firm reported that there are more than double the number of positive Bitcoin comments versus negative across social media, which is a...
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