USDC market cap is up 80% from 2023 lows
The stablecoin is also more widely distributed across blockchain networks.
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The stablecoin is also more widely distributed across blockchain networks.
They still lag BTC ETFs, which closed out 2024 with upwards of $35 billion in net inflows.
Bitcoin is holding above $90,000, signaling the possibility of a move back toward $100,000 in the next few days.
Many in the crypto industry have criticized US authorities for sanctioning Tornado Cash smart contract addresses and charging developers with money laundering.
The network now holds approximately $5 billion worth of stablecoins, mostly made up of USDC.
The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors.
Bitcoin needs to find support in the $90,000 to $85,000 range in order for altcoins to recover and find new buyers.
Howells told Cointelegraph about his legal battle to recover a lost $773 million Bitcoin hard drive, which he plans to use to finance blockchain innovation.
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Buterin has made frequent crypto donations to charitable organizations, including memecoins that have been sent to his wallet address.
