Streetbeat News

USDCUSD

USDC/USD pair

Industry

Digital Currency

Cryptocurrency USDC/USD pair

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

A 17-year-old earned over $1 million from the Jupiter (JUP) airdrop by actively using Jupiter's tools and features on the Solana blockchain. He shared his strategy, which included swapping tokens, placing limit orders, dollar-cost-averaging, and bridging to other blockchains. The JUP token's value rose sharply after the airdrop, with its market cap exceeding $7 billion. The story has garnered significant attention in the crypto community, and investors are looking to replicate his strategy in upcoming JUP airdrops.

Portfolio Pulse from Murtuza Merchant

January 31, 2024 | 8:51 pm

The GOP nomination race for the 2024 presidential election is currently between Donald Trump and Nikki Haley. Trump has won the first two states, Iowa and New Hampshire, while Haley remains in the race. Crypto bettors on Polymarket are wagering on whether Haley will drop out before the South Carolina primary. The betting market has $62,000 wagered with odds implying a 42% chance that Haley will drop out before the primary. Meanwhile, DraftKings Inc. CEO hopes for political betting to be legalized in the U.S., as the company offers betting on the 2024 presidential election in Canada.

Portfolio Pulse from Chris Katje

January 25, 2024 | 11:40 pm

Former President Donald Trump won the Iowa caucus and is a step closer to the GOP nomination for the 2024 presidential election. The article discusses the betting odds on Polymarket for Trump's potential vice presidential pick. Elise Stefanik is currently the favorite, followed by Kristi Noem, Vivek Ramaswamy, Tim Scott, and Nikki Haley. Ron DeSantis and Haley are seen as less likely picks due to past conflicts with Trump. Polymarket uses cryptocurrencies like MATIC, USDC, and ETH for betting, and the political betting market is gaining popularity, surpassing even the betting on Bitcoin ETF approvals.

Portfolio Pulse from Chris Katje

January 23, 2024 | 11:52 pm

Former President Donald Trump is predicted to win the New Hampshire GOP primary with a 98% chance according to Polymarket, a cryptocurrency prediction market. Trump's strong position comes after winning the Iowa caucus and the withdrawal of candidates Ron DeSantis and Vivek Ramaswamy, who have since endorsed Trump. Nikki Haley remains in the race, but her odds are significantly lower. The New Hampshire primary betting has attracted over $4 million in wagers. DraftKings Inc's CEO expressed interest in political betting, which remains illegal in the U.S. The 2024 presidential election betting has reached $14.6 million, with Trump leading over Joe Biden.

Portfolio Pulse from Chris Katje

January 23, 2024 | 12:24 am

TradeStation Crypto, a subsidiary of TradeStation Group, has announced it will cease spot cryptocurrency trading. The company will stop accepting new account applications and customer deposits for its crypto division immediately. All trading and withdrawals will be suspended on Feb. 22, 2024. This decision does not affect TradeStation Securities, which will continue to support trading in crypto-related instruments on regulated exchanges. TradeStation recently added Aave, Compound, Chainlink, Polygon, Maker, and Shiba Inu to its trading offerings.

Portfolio Pulse from Murtuza Merchant

January 18, 2024 | 3:11 pm

Chainlink (LINK) has integrated Circle's Cross-Chain Transfer Protocol (CCTP) into its Cross-Chain Interoperability Protocol (CCIP), enabling USD Coin (USDC) transfers across multiple blockchains. This move aims to enhance DeFi applications and global payments. LINK's price has risen by 5.7% in the last 24 hours and 11% over the past week, reflecting positive market sentiment. The integration initially covers Ethereum (ETH), Arbitrum (ARB), Optimism (OP), Avalanche (AVAX), and Base (BASE) mainnets, with plans for further expansion.

Portfolio Pulse from Murtuza Merchant

January 17, 2024 | 8:54 pm

Circle Internet Financial, issuer of the USDC stablecoin, has confidentially filed for an IPO in the United States. The company previously planned to go public via a SPAC deal valued at $9 billion, but the deal was terminated in December 2022. CEO Jeremy Allaire remains committed to a public listing. USDC is the second-largest stablecoin by market cap, with $25 billion in circulation, down from over $56 billion in mid-2022. The crypto industry faced a downturn in 2022, marked by investor caution and the collapse of several crypto firms.

Portfolio Pulse from Murtuza Merchant

January 11, 2024 | 1:55 pm

Polymarket, a crypto prediction market, offers betting on various events including the 2024 U.S. presidential election. It has become a popular platform for wagering on political outcomes, with significant amounts bet on the Republican nominee and presidential election markets. Despite its popularity, Polymarket does not offer political betting to U.S. residents following a CFTC ruling. DraftKings CEO Jason Robins expressed interest in political betting in the U.S. and is working with regulators to approve it. DraftKings currently offers betting on the 2024 election in Ontario, Canada.

Portfolio Pulse from Chris Katje

January 11, 2024 | 12:28 am

Paxos, a regulated stablecoin issuer, has received regulatory approval to expand its offerings to the Solana blockchain, with plans to launch on January 17, 2024. Paxos, which currently issues USDP stablecoin exclusively on Ethereum due to DFS restrictions, aims to grow despite challenges, such as the recent directive from DFS to stop issuing Binance's stablecoin, BUSD. Paxos is known for its partnerships with companies like MercadoLibre, Paypal, and Mastercard, emphasizing customer protection.

Portfolio Pulse from Murtuza Merchant

December 22, 2023 | 6:58 pm

France is encouraging crypto companies to establish operations within its borders by offering regulatory clarity. Circle has received conditional registration as a digital asset service provider from France's AMF, with the condition of obtaining a payment services provider license. Circle has appointed Coralie Billmann to lead its French operations. Coinbase Global Inc has been registered as a Virtual Asset Services Provider in France, allowing it to offer a range of crypto services. Both companies are positioning themselves ahead of the EU's MiCA legislation, which will be effective in 2024.

Portfolio Pulse from Khyathi Dalal

December 21, 2023 | 8:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.