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X @Poloniex Exchange
Poloniex Exchange· 2026-01-30 03:00
Daily News 🗞 | January 30• ETH exchange supply shrinks as staking grows amid sideways price• Worldcoin spikes 40% as OpenAI reportedly plans biometric X rival• Gold nearly adds Bitcoin’s entire market cap in a single day• Hang Seng launches physical gold ETF with tokenization option• Abu Dhabi company launches first UAE-registered US dollar stablecoin#CryptoNews #PoloniexNEWS ...
Bitcoin Near Collapse As Crypto Bill Heads To Senate Vote
Altcoin Daily· 2026-01-29 23:46
It's really crucial for Congress at this moment in time to step forward and come up with rules that you know legislation. >> The cryptocurrency market takes a nose dive as the crypto market structure bill barely skimps by with a vote of 12 to 11 passing out of the agriculture committee and now headed to the full Senate. >> Seeing no objection, so ordered.And with that, uh, this phase ends. Here's exactly what you need to know that's currently in this bill as a crypto holder. Why markets are crashing and mor ...
X @CoinDesk
CoinDesk· 2026-01-29 22:16
RT CoinDesk Podcast Network (@CoinDeskPodcast)Today on "CoinDesk Daily": Worldcoin (WLD) jumps 27%, SEC issues tokenized stock guidance, White House tackles stablecoin yields.@JennSanasie breaks down the latest. https://t.co/9KUbIwfrrX ...
Circle’s biggest bear just threw in the towel, but warns the stock is still a crypto roller coaster
Yahoo Finance· 2026-01-29 22:14
Core Viewpoint - Circle (CRCL), the issuer of the stablecoin USDC, has received a second upgrade from Wall Street analysts within a week, indicating a shift in sentiment towards the stock [1] Group 1: Analyst Upgrades and Price Target - Compass Point's Ed Engel upgraded Circle's stock from sell to Neutral, despite maintaining the lowest price target among analysts at $60, down from $75 due to premium valuation concerns [2] - Engel's upgrade reflects a changing narrative, suggesting that the stock now trades more like a proxy for crypto markets rather than as a standalone fintech [2] Group 2: Market Dynamics and Regulatory Outlook - Engel previously downgraded the stock in July due to increased competition for stablecoins, but believes many concerns have been priced in by the market [3] - The potential passage of the CLARITY Act in 2026, which Engel sees as having a 60% probability, could provide clearer regulatory guidelines for stablecoins, potentially supporting USDC's growth [3][4] Group 3: Cyclical Nature of the Stock - Engel views Circle as trading like a cyclical stock, with USDC moving in correlation with ether (ETH) at 0.66 since the market dip in October, a trend expected to continue through mid-2026 [5] - Over 75% of USDC is currently utilized in high-risk crypto trading or lending applications, linking its performance closely to the volatile crypto market [5][6] Group 4: Competitive Landscape and Risks - USDC's supply has decreased by 9% since December, with emerging stablecoins like USDH, CASH, and PYUSD gaining market share, particularly on platforms like Solana and Hyperliquid [7] - There are concerns that Circle may guide 2026 operating expenses above Wall Street forecasts, as ongoing investments are unlikely to yield significant revenue in the near term [7]
How Justin Sun Plans to Bring Trillions of Dollars to the TRON Network
Cointelegraph· 2026-01-29 17:29
We want to be the bridge between all the financial assets around the world. The USDT on Tron has way more value than the TRX, you know, on the Tron network. In the future, we want to collaborate with Black Rockck to collaborate with New York Stock Exchange, NASDAQ to bring trillions of dollars onto the TR network.>> Is an hour of Elon Musk's time really worth $30 million to you. >> For me, definitely. I I think so.I want to ask you about 2025. You you did some really cool things. One of them I'm very jealou ...
X @Ripple
Ripple· 2026-01-29 17:14
RT Jack McDonald (@_JackMcDonald_)The December $RLUSD monthly independent attestation is now live! Recent highlights include:1/ RLUSD is officially listed on @binance with XRPL support coming soon 👀2/ @LMAX’s global marketplace has integrated RLUSD as core collateral – accelerating institutional stablecoin adoption and cross-asset mobility across crypto + traditional markets3/ RLUSD was ranked #2 on @decrypt’s fastest-moving stablecoin of 2025 list with a velocity of 71 → market cap is important, but the ab ...
X @The Block
The Block· 2026-01-29 15:02
Stablecoin growth stalls after October shock as Base leads transaction volume: ARK Invest https://t.co/FGsNVC6SKi ...
UAE Approves First Central Bank‑Registered USD Stablecoin
Yahoo Finance· 2026-01-29 13:37
Core Insights - Universal launched USDU, the first USD-backed stablecoin registered by the UAE's central bank, amidst a global push for clearer regulations on stablecoins [1][2] - The approval of USDU by the UAE central bank signifies a move towards trust in digital currencies, as it allows for legal use in the UAE's financial system [1][4] Group 1: USDU Overview - USDU is a digital token designed to maintain a value close to $1, functioning like a digital cashier's check on blockchains [2] - It is issued by Universal Digital Intl Limited, regulated in Abu Dhabi, and registered as a "Foreign Payment Token" for institutional use in digital-asset trades [2][3] Group 2: Regulatory Context - UAE regulations require crypto payments and derivatives to be settled in fiat currency or an approved token, which USDU now satisfies [3] - The UAE aims to position itself as a regulated crypto hub, adopting stablecoins with tighter oversight compared to other regions [5] Group 3: Trust and Compliance - Universal claims that USDU holds dollars 1:1 in onshore UAE bank accounts, with monthly attestations to ensure trust in reserves [4][5] - This model is similar to how other large stablecoin issuers explain their reserve strategies, enhancing user confidence [4][5] Group 4: Target Market and Use Cases - USDU is targeted at banks, exchanges, and large trading desks, focusing on compliance rather than speculative trading [6] - Aquanow serves as the global distribution partner, facilitating conversions between USDU and local currencies, supporting domestic settlements [6]
X @Token Terminal 📊
Token Terminal 📊· 2026-01-29 13:20
RT BMNR Bullz (@BMNRBullz)ETHEREUM IS THE STABLECOIN BACKBONE OF GLOBAL FINANCEEthereum is the largest network by stablecoin supply.🔹 Nearly 4M users🔹 Over $8T transferred every quarter🔹 Dominant settlement layer for stablecoinsThis isn’t speculation.It’s real money moving on-chain at scale.If stablecoins are the new dollars,Ethereum is the infrastructure they run on.$ETH ...
X @Token Terminal 📊
Token Terminal 📊· 2026-01-29 12:23
RT Hylo (@hylo_so)hyUSD: The most decentralized and productive stablecoin on @solana> Direct mint/redeem access to underlying reserves. No middleman.> Fully transparent reserves. Verify anytime, on any block explorer. ...