By Olivia Stephanie TL;DR US court unfreezes $57M USDC tied to Libra, sparking renewed market activity and a sharp rally. LIBRA token skyrockets 393% in one day, fueled by asset release and renewed investor attention. Despite lawsuit uncertainty, traders push LIBRA higher, with volume rising and volatility returning to the token. Federal Judge Releases Frozen […]
Tag: USDC
By coinspy Key Points: The U.S. is advancing stablecoin regulation through the GENIUS Act, intensifying global competition in digital finance. Citigroup is actively exploring stablecoin integration and exchange-traded digital asset products. Thirty leaders from major crypto firms urged the U.K. government to adopt a proactive national stablecoin strategy. The U.K. risks losing influence in financial […]
By Chayanika Deka Crypto equities, which had strongly outperformed Bitcoin over the past 18 months, are now showing signs of fatigue. Amidst a broader market pullback, investors appear to be fleeing riskier corners of the market. No IPO, No Catalyst After a stellar 18-month run, crypto equities are beginning to lose momentum relative to Bitcoin, […]