The growth of the leading cryptocurrency might be supported by the increasing issuance of stablecoins, according to Marcus Thielen, the founder and CEO of 10x Research. He believes that the ongoing issuance of major stablecoins like Tether and Circle could signal the influx of fresh capital from institutional investors into the cryptocurrency market. Over the past week, approximately $2.8 billion worth of stablecoins have been issued, which Thielen interprets as a bullish indicator for Bitcoin. However, he emphasizes that for Bitcoin to experience sustained growth, favorable macroeconomic conditions in the U.S. alone won’t be sufficient. Real cash inflows through stablecoins will be required.
New QR Code Scam: How to Protect Your Cryptocurrency Assets
Cryptocurrency transactions have long been an integral part of the modern financial world, offering users fast, convenient, and decentralized ways to exchange and store funds. However, with the growing popularity of cryptocurrencies, the number of fraudulent schemes aimed at stealing funds from unsuspecting users has also increased. One of the latest scams, involving the use of QR codes, has become a serious threat to cryptocurrency wallet owners. Bitrace, a company specializing in blockchain technology research and analysis, has issued a warning about this new scam.
Regulation of Stablecoins under MiCA: Changes in the European Crypto Market
Until 2024, the European cryptocurrency market operated on the principle “everything that is not explicitly prohibited by law is allowed.” Market participants enjoyed a high degree of freedom due to the lack of clear regulatory rules. Authorities in most countries believed that cryptocurrencies should adhere to traditional market regulations and did not require separate legislation. For example, Gary Gensler once stated that all cryptocurrency assets, except BTC, are securities.
PolitiFi: Memecoins and Politics in the Digital Age
The world of cryptocurrency is constantly evolving, adapting to new trends and demands. One of the most intriguing and unconventional phenomena has been the emergence of political memecoins, also known as PolitiFi. These digital assets merge memes and politics, creating a unique category of cryptocurrency that captures the attention of both the crypto community and politically active citizens.