Forwarded from Wu Blockchain News
JPMorgan’s latest report says Coinbase’s potential Base token could be worth up to $34 billion, creating a new monetization path alongside USDC yields and onchain trading. The bank estimates Base’s market cap between $12B–$34B, with Coinbase likely holding about 40% of supply, worth $4B–$12B in equity value. Coinbase currently earns around $400M annually from Circle’s USDC reserve interest. — link
👍7
Forwarded from Zoomer News
👍8
Forwarded from Walter Bloomberg
CHINA AND US REACH TRADE CONSENSUS
China’s Vice Minister of Commerce Li Chenggang announced that China and the United States reached a consensus on key trade issues after “candid and constructive” talks in Kuala Lumpur.
Discussions covered export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and US Section 301 fees.
Li said both sides will now begin internal approval procedures.
(@WalterBloomberg)
China’s Vice Minister of Commerce Li Chenggang announced that China and the United States reached a consensus on key trade issues after “candid and constructive” talks in Kuala Lumpur.
Discussions covered export controls, tariff suspensions, fentanyl-related measures, anti-drug cooperation, trade expansion, and US Section 301 fees.
Li said both sides will now begin internal approval procedures.
(@WalterBloomberg)
👍6🎉1
1/ people don’t realise until months after that a bubble has popped
2/ fundamentals don’t decelerate immediately after the pop
3/ calling tops is a fools game
4/ "it's not a bubble if everyone says it is" is false
https://x.com/corry_wang/status/1345192541545766915?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
2/ fundamentals don’t decelerate immediately after the pop
3/ calling tops is a fools game
4/ "it's not a bubble if everyone says it is" is false
https://x.com/corry_wang/status/1345192541545766915?s=46&t=nluSw7cwYGx8zFxfoYi5Iw
X (formerly Twitter)
Corry Wang (@corry_wang) on X
1/ Lessons From The Tech Bubble:
Last year, I spent my winter holiday reading hundreds of pages of equity research from the 1999/2000 era, to try to understand what it was like investing during the bubble
A few people recently asked me for my takeaways.…
Last year, I spent my winter holiday reading hundreds of pages of equity research from the 1999/2000 era, to try to understand what it was like investing during the bubble
A few people recently asked me for my takeaways.…
👍7🔥2🤣1
Forwarded from Modo Capital
the biggest issue with crypto right now is that we are continually rehashing older narratives vs creating something new and exciting that might bring in normie capital.
Revenue meta is just not interesting. and revenue coins will retrace everything after its staircase up elevator down moment.
Memecoin supercycle > 1 year later we were running it back on bonkfun and pumpfun but without the same excitement or volume.
Perp dex meta > aster and apex are just copy trading what hype already did back in 2024
Revenue meta is just not interesting. and revenue coins will retrace everything after its staircase up elevator down moment.
Memecoin supercycle > 1 year later we were running it back on bonkfun and pumpfun but without the same excitement or volume.
Perp dex meta > aster and apex are just copy trading what hype already did back in 2024
👍11
Forwarded from Wu Blockchain News
JPYC Inc announced the official launch of its yen-denominated stablecoin, JPYC, along with the release of its dedicated issuance and redemption platform, JPYC EX. The stablecoin is pegged 1:1 to the Japanese yen and fully backed by bank deposits and government bonds. Initial support includes issuance on the Avalanche, Ethereum, and Polygon blockchains. — link
👍1
Forwarded from unfolded.
Strategy has acquired 390 BTC for ~$43.4 million at ~$111,053 per Bitcoin — link | AI comment
👍1
Forwarded from Walter Bloomberg
CITI TAPS COINBASE TO EXPLORE STABLECOIN PAYMENTS FOR CLIENTS
(@WalterBloomberg)
(@WalterBloomberg)
👍4