In Nairobi and Lagos, stablecoins like USDT and USDC help people fight inflation, cut costly remittances and move money through mobile wallets such as M-Pesa. Stablecoins are now everyday tools for savings, payments and trade in Nairobi and Lagos. Inflation, FX swings and high remittance costs drive adoption. Mobile money links make stablecoins feel familiar and practical. Read more
Bitcoin exchange balances plunged to six-year lows as over $14 billion left CEX platforms in a fortnight, as the asset powered to a new peak price. The amount of Bitcoin held on centralized exchanges has plunged to a six-year low as the asset climbed to a new all-time high. Bitcoin notched a new all-time high on Sunday morning, reaching a little over $125,700 on Coinbase, according to Tradingview. Its previous peak was $124,500 on Coinbase on Aug. 14. Bitcoin (BTC) pulled back by 13.5% by Sept.1 but has recovered strongly over the past week as ‘Uptober’ began. Read more
Bitwise’s Matt Hougan said Solana’s speed and finality make it Wall Street’s top choice for stablecoins and tokenization despite Ethereum’s dominance. Chief investment officer of crypto asset management firm Bitwise, Matt Hougan, thinks Solana will be the Wall Street network of choice for stablecoins and real-world asset tokenization. “I think Solana is the new Wall Street,” said Hougan, speaking with Solana Foundation’s Akshay BD on Oct. 2. He added that the Wall Street audiences consider Bitcoin (BTC) “very ephemeral” and “hard to get their heads around.” They can see what is happening in the stablecoin and tokenization space, and they know that it is going to be “enormously significant,” he said before adding, “Really important people are saying that stablecoins will reinvent payments and tokenization will reinvent stock, bond, commodity, and real estate markets.” Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more
A crypto analyst forecasts Bitcoin moving quickly to $150,000 once it breaks $120,000, altcoin season doubts, and more: Hodler’s Digest Wall Streets growing interest in late-stage cryptocurrency firms could disrupt the traditional boom-and-bust cycle of digital assets, according to new research. Crypto financial services firm Matrixport said Friday that more than $200 billion worth of crypto companies are preparing initial public offerings (IPOs), which may raise between $30 billion and $45 billion in new capital. Matrixport said investor focus is rotating away from early-stage bets toward scalable, IPO-ready companies positioned for public markets. Read more