Coinbase Wallet's latest update allows effortless, instant global money transfers through popular messaging apps, such as  WhatsApp and Telegram, with no fees.

Coinbase Enables Easy Money Transfers via WhatsApp, Telegram, and More

Futures and options market metrics suggest traditional finance players and sophisticated market participants may soon rotate money into ether from bitcoin.

Two Key Metrics Show Crypto Traders Turning to Ether From Bitcoin

Short traders betting against higher bitcoin (BTC) prices lost some $90 million on Tuesday alone, adding on to the $70 million in short liquidations on Monday.

Bitcoin Surge Blasts $170M in Bearish Shorts as BTC Price Targets $48K

Phoenix Group Plc, an Abu Dhabi-based Bitcoin mining and colocation service provider, has reported a significant 50% surge in shares. The company

Crypto Mining Firm Phoenix Shares Surges 50% on Abu Dhabi Debut

South Korean law enforcers are cracking down on crypto-powered crime, with customs officials shutting down an ‘international gambling ring’ that used USDT.

South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’

Tether's USDT added $7 billion to its market cap since September, a sign of capital entering the crypto market, Matrixport noted.

Fresh Money Flows to Crypto as Stablecoin Market Expands After 1.5 Years Downtrend

Binance, the world's largest cryptocurrency exchange, received a multi-billion dollar penalty from the US Commodity Futures Trading Commission (CFTC), and

Why Did Binance Exchange Pay a $4.3 Billion Penalty?

Bitcoin keeps pumping HIGHER! How High Can It Go?

The REAL Reason Bitcoin is PUMPING! 

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Retail investors exhibit caution, despite Bitcoin’s 14.5% weekly gains.

Bitcoin price hit 2023 high, so why are retail traders waiting on the sidelines?

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xAI, the company behind the chatbot being launched by Elon Musk, will try to raise $1 billion through a private securities sale, according to a filing on Dec. 5. 

Elon Musk’s xAI files with SEC for private sale of $1B in unregistered securities

After a successful test in Miami, Nova Labs is utilizing blockchain technology and T-cell's network to provide a $20 monthly

Nova Labs Expands Mobile Phone Tie-In Nationwide

Crypto analyst known as MacnBTC has come forward to give a list of altcoins that could do well going forward.

Crypto Expert Delivers Top 8 Altcoins To Buy On Binance

As Launchpad XYZ's presale tops $2.1 million, smart money takes notice of the platform's powerful AI crypto trading tools. Here's the latest.

Smart Money is Accumulating This AI Crypto – What Do They Know?

The Indian government has tackled the regulation of overseas crypto exchange platforms catering to Indian users. Read more on CE.

India Unveils AML and CFT Rules Applicable to Overseas Exchanges

USD Coin  is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. Every unit of this cryptocurrency in circulation is backed up by $1 that is held in reserve, in a mix of cash and short-term U.S. Treasury bonds. The Centre consortium, which is behind this asset, says USDC is issued by regulated financial institutions.

The stablecoin originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is “digital money for the digital age” — and the stablecoin is designed for a world where cashless transactions are becoming more common.


Several use cases have been unveiled for the USD Coin. As well as providing a safe haven for crypto traders in times of volatility, those behind the stablecoin say it can also allow businesses to accept payments in digital assets, and shake up an array of sectors including decentralized finance and gaming.

 

Overall, the goal is to create an ecosystem where USDC is accepted by as many wallets, exchanges, service providers and dApps as possible.

USDC (USDC) is a cryptocurrency. The current price of USDC is $1.0, with a 24-hour price change of +0.03%. The volume of USDC traded in the last 24 hours is $7,436,022,037.5, with a 24-hour volume change of +18.97%. The market cap of USDC is $24,292,879,598.24, with the market cap dominance of 1.52%, and the circulating supply is 24,287,869,034.103676 USDC. 

USDC

BlackRock received $100,000 in seed funding for its spot Bitcoin ETF, a new filing with the SEC shows, typically a first step before trading.

BlackRock Bitcoin ETF Receives $100,000 in Seed Funding - Decrypt

Crypto.com has secured authorization as an Electronic Money Institution (EMI) from the UK's Financial Conduct Authority (FCA). Crypto.com Secures FCA

Crypto.com Secures FCA Nod for E-Money Offerings in UK

Cayman Islands, Cayman Islands, December 5th, 2023, Chainwire — Curvance introduces a new, efficient approach for users to yield farm and maximize yield on their DeFi investments Curvance, a full-service omnichain money market for yield-bearing, LSDfi, tokenized treasuries, and primitive assets, announces the close of a $3.6M seed round supported by Offchain Labs, Wormhole, prominent […]

Curvance Raises $3.6M in Seed Round from Over 20 DAOs and DeFi Builders including Offchain Labs and Wormhole

The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies The Criminal Investigation Unit of the Internal Revenue Service (IRS:CI) noted an increase in digital asset tax investigations due to cryptocurrencies becoming more mainstream, according to the IRS:CI’s annual report released Monday.

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