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A16z Exec Blasts Meme Coins: They Make Crypto Look ‘Like a Risky Casino’

Eddy Lazzarin, CTO of A16z Crypto, one of the largest cryptocurrency-focused venture capital funds, has criticized the meme coins’ effect on the broad appreciation of the cryptocurrency market. Lazzarin stated…

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Contrary to Crypto Influencer Hype, Data Reveals ‘It is Not Altcoin Season’

Over the past 90 days, while bitcoin has shown steady performance, 19 other cryptocurrencies have outpaced the leading digital asset in terms of price growth. However, the Altcoin Season Index,…

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S&P Global Report: New Legislation Could ‘Boost’ US Stablecoin Landscape

According to a report from S&P Global Ratings, the introduction of the Lummis-Gillibrand Payment Stablecoin Act on April 17, 2024, promises to significantly reshape the U.S. stablecoin market. Authored by…

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Stablecoin Market Hits $160 Billion, Reaching Heights Not Seen Since Terra’s Crash

This week, the value of the fiat-pegged cryptocurrency economy has climbed to $160 billion, a peak last observed in May 2022, shortly before Terra’s UST detached from its intended $1…

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Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users

Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars,…

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Tether Officially Reorganizes, Announces Four Different Business Divisions

Tether, one of the largest companies in the cryptocurrency industry, has announced a reorganization of its business operations, seeking to restructure to support its expansion. Tether will now have four…

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Stablecoin Market Climbs $2.81B in a Week, Nearing $160B Valuation

Over the past seven days, the stablecoin sector has expanded by $2.81 billion, bringing the dollar-pegged cryptocurrency market close to a total valuation of $160 billion. A significant portion of…

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Umoja Partners With Merlin Chain to Launch Bitcoin’s First High-Yield Synthetic Dollar

The smart money protocol Umoja has joined forces with the Bitcoin layer two (L2) initiative, Merlin Chain, to roll out a Bitcoin-based high-yield synthetic dollar. The newly introduced stablecoin is…

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