hedy18933

@hedy18933

199 Following

222 Followers

nancy776608 pfp

As of Jan. 2, approximately 65% of USDC supplies are on Ethereum, 10% are on Solana, and roughly 15% span Base and Arbitrum — both Ethereum layer 2s — as well as Hyperliquid, a layer 1 for low-latency trading.

0 reply

11 recasts

5 reactions

g17274677 pfp

In 2023, USDC remained heavily concentrated on Ethereum, which held 85% of the stablecoin’s circulating supply, Smith said.

0 reply

11 recasts

5 reactions

merfilwilliams pfp

@merfilwilliams

This change is partly because “retail traders increasingly enter the crypto market through Solana [as] speculation intensifies around Solana-based memecoins and AI agent tokens,” Grayscale said in a December research note.

0 reply

10 recasts

5 reactions

amelia569082 pfp

In 2024, the total value locked on Solana surged from around $1.5 billion in January to nearly $8.5 billion by December, according to data from DefiLlama.

0 reply

0 recast

5 reactions

bella76brown pfp

Cryptocurrency researcher Steno Research expects USDC’s circulating supply to more than double during 2025, reaching highs of around $100 billion.

0 reply

0 recast

5 reactions

bonnieabel9 pfp

“This growth hinges on a critical assumption: that Tether, the largest stablecoin, remains unregulated within the European Union,” Steno said, adding:

0 reply

0 recast

5 reactions

hedy2637 pfp

Accelerating stablecoin adoption is particularly bullish for decentralized finance (DeFi), as “stablecoins are the on-ramp to decentralized finance,” Citi said.

0 reply

11 recasts

5 reactions

jonesruby5339 pfp

In December, Grayscale added several DeFi applications, including two on Solana, to its list of the top 20 tokens to watch in the first quarter of 2025. They include Ethena, Jupiter and Jito.

0 reply

10 recasts

5 reactions

c37513757 pfp

On Jan. 1, cryptocurrency prediction platform Polymarket said the odds of a US Solana ETF listing in 2025 are around 77%. In a post on the X platform, Sigel described Polymarket’s forecast as “underpriced.”

0 reply

10 recasts

5 reactions

hedy18933 pfp

Sigel’s optimism mirrors industrywide expectations of more crypto ETF listings in the US after President-elect Donald Trump’s November election win. Pro-crypto Trump said he wants to make America “the world’s crypto capital.”

0 reply

10 recasts

5 reactions

hedy18933 pfp

Sigel’s optimism mirrors industrywide expectations of more crypto ETF listings in the US after President-elect Donald Trump’s November election win. Pro-crypto Trump said he wants to make America “the world’s crypto capital.”

0 reply

10 recasts

5 reactions

sophia7100265 pfp

“Alongside the return of USD, we are committed to cementing our reputation as the best crypto platform for low fees and high rewards,” he added.

0 reply

4 recasts

14 reactions

merfil09668 pfp

On an end note, the paper recommended that the G7 Tourism Working Group enable knowledge-sharing on specific issues among the seven economies.

0 reply

4 recasts

14 reactions

allte96ot pfp

The speech, by William Hinman, former SEC director in the division of corporate finance, has improperly created a winner and loser dynamic, The Digital Chamber said.

0 reply

6 recasts

13 reactions

darcylo996 pfp

“The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies. Legal reforms will make acceptance of Bitcoin by the private sector voluntary,” the IMF said.

0 reply

8 recasts

12 reactions

irisj3588 pfp

Eric Council Jr., the individual who allegedly hacked the United States Securities and Exchange Commission’s X account in January and posted a message suggesting that Bitcoin exchange-traded funds (ETFs) had been approved, will be allowed to travel for the holidays.

0 reply

8 recasts

14 reactions

bonnieabel9 pfp

In a Dec. 13 filing with the US District Court for the District of Columbia, Judge Amy Berman Jackson said Council could travel to North Carolina with a third-party custodian between Dec. 23 and 29. The judge said the alleged hacker “must provide Pre-Trial Services with his precise itinerary and information concerning where he will be staying at least two business days before traveling.”

0 reply

9 recasts

13 reactions

hedy2637 pfp

Federal Bureau of Investigation officials arrested Council in Alabama on Oct. 17. He has pleaded not guilty to one count of conspiracy to commit aggravated identity theft and access device fraud.

0 reply

9 recasts

14 reactions

jonesruby5339 pfp

0 reply

9 recasts

13 reactions

c37513757 pfp

Before Council’s alleged actions, many in the crypto industry had been expecting the SEC to announce a decision on whether US exchanges would be permitted to list spot ETFs tied to Bitcoin. US authorities alleged Council was part of a group that took control of the SEC’s X account through a SIM swap attack, with the post causing the price of BTC to briefly surge by more than $1,000.

0 reply

8 recasts

16 reactions