Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
USDC
This Hidden DeFi Gem Silently Onboarding More Cardano Holders Via USDC Airdrops
Octoblock’s USDC airdrops enjoy immense popularity as Cardano holders may have found a hidden gem. Evidenced by more inflows across chains, Octoblock’s ICO is one of a kind, airdropping USDC even in its ICO phases. Cardano News The recent crypto market crash put Cardano (ADA) on the radar as its price fell 18% from $0.59 to $0.44. The Cardano price prediction suggests that the current ADA position is precarious as it can slip further to lows of $0.30. As chaos…
1 year ago
Is Bitcoin Topped? Octoblocks USDC Airdrops Mean That Doesn’t Matter
Octoblock’s USDC airdrops maintained a high APY on the Monday event, amidst Bitcoin’s $10.000 slide from its ATH. After a record Bitcoin price of $73K in March, the pioneer crypto is now at $61K, its lowest level since attaining the all-time high. Bitcoin Price Action: Has It Topped? Bitcoin price dipped on April 14 to $61K, pulling other cryptocurrencies to their lows, especially the meme coins. Bitcoin price prediction suggests that the Iran and Israel tensions may have played a…
1 year ago
Binance Boosts User Protection: Converts SAFU Funds to USDC Stablecoin
Binance, the top crypto exchange, converts SAFU funds to USDC stablecoin for better security and transparency, ensuring user protection during extreme situations like hacks. This move reflects Binance’s adaptability to regulatory changes, following a previous conversion from BUSD to USDT and TUSD Binance, the world’s largest cryptocurrency exchange, has announced the conversion of its Secure Asset Fund for Users (SAFU) holdings to Circle’s USD Coin (USDC) stablecoin. SAFU, established in 2018 as an emergency insurance fund, protects Binance users in…
1 year ago
Octoblock Pushes Boundaries By Airdropping USDC Rewards To Holders, Can XRP Keep Up?
The ground-breaking Octoblock’s USDC airdrop rewards are a bold step driving the new DeFi challenge redefining the cryptocurrency arena. Octoblock leverages the stability and utility of USDC to provide comprehensive value to OCTO holders. As Octoblock’s strategy hits the ground running, questions abound about whether XRP can manage the OCTO pace. XRP Lawsuit Ripple (XRP) strives for digital real-time settlement and transfers for all assets, whether fiat or crypto. Its efficiency and scalability are a plus for cross-border dealings. However,…
1 year ago
USDC Airdrop Incoming! – Learn How Octoblock Rewards Presale Holders
Excitement is building in the decentralized finance (DeFi) space as Octoblock prepares for its upcoming USDC airdrop. This highly anticipated event underscores Octoblock’s commitment to rewarding presale holders and fostering a robust and engaged community. What is Octoblock (OCTO)? Octoblock is a new protocol that seeks to provide an engaging, profitable, and socially impactful DeFi experience for users. At the heart of Octoblock’s revenue-generation strategy lies the Nautilus Trove. This system will accumulate the asset inflows to the ecosystem, including…
1 year ago
BlackRock’s BUIDL Investors Get Instant USDC Access via Circle’s New Feature
Circle and BlackRock team up, letting investors easily switch fund shares into USDC stablecoin and boosting liquidity. BlackRock’s BUIDL fund offers tokenized shares on Ethereum, attracting investors with USD yields. Circle has introduced a new smart contract functionality enabling the transfer of BlackRock USD Institutional Digital Liquidity Fund (BUIDL) shares to its stablecoin, USDC. This strategic integration opens doors for investors seeking seamless transactions between tokenized assets and a stable digital currency. Today @circle announced new features enabling @blackrock BUIDL…
1 year ago
Circle’s USDC Stablecoin Lands on zkSync Layer 2 Rollup
Fintech firm and stablecoin issuer Circle has announced that native USDC is now available on the leading layer 2 rollup, zkSync, thereby making it accessible to developers and users without the need for bridging. With the latest inclusion, USDC is now supported on a total of 16 blockchain networks. USDC on zkSync In its official blog post on April 9th, Circle revealed that numerous prominent ecosystem applications and DeFi protocols are anticipated to embrace native USDC on zkSync for various…
1 year ago
USDC Issuer Circle Expands Support for Web3 Services on Solana
Fintech company Circle has announced support for Web3 services on the Layer 1 blockchain network, Solana. Circle said that the latest move highlighted the growing significance of stablecoins such as USDC in aiding a more inclusive financial landscape. The company aims to facilitate accessibility to USDC for both enterprises and developers while emphasizing the importance of providing the necessary tools to integrate the stablecoin seamlessly into various applications. With the integration of Web3 Services on Solana, Circle said that businesses…
1 year ago
Earning USDC During ICO Stage Shows Incredible Commitment From Top New Project
Octoblock (OCTO) has initiated ICO staking, enabling participants to potentially earn USDC before its official launch. What is Octoblock?: Exploring the top new project Octoblock is a revolutionary decentralized finance (DeFi) protocol operating on the Binance Smart Chain, distinguished by a multifaceted approach that merges DeFi with Game-Fi mechanics. The protocol’s core objectives revolve around profitability, expansion, and philanthropy, creating a dynamic ecosystem that benefits its users and the wider community. The Nautilus Trove will be central to Octoblock’s operations,…
1 year ago