671 of you voted on Open USD โ and the sentiment was positive: 48% bullish, 32% neutral, just 20% doubtful.
But our analyst stands with the skeptics. Hereโs why.
Over 140 names โ including Visa, Mastercard, BlackRock, and Coinbase โ reportedly backed a stablecoin that shares reserve earnings with partners, not the issuer. On the surface, it sounds revolutionary.
But Paxos tried the same model in 2024 โ reached ~$3B in supply, compared to USDCโs $73B and USDTโs $145B. Strong concept, weak adoption.
And now, Samsung, Shinhan, Dunamu, and K-Bank say talks were never finalized. That โ140+โ figure might be more hype than fact.
The real pressure? Itโs on Circleโs profit margins.
Full analysis below ๐
https://cointelegraph.com/news/upbit-clarifies-ousd-role-open-standard-partner-list
Yoni Crypto
But our analyst stands with the skeptics. Hereโs why.
Over 140 names โ including Visa, Mastercard, BlackRock, and Coinbase โ reportedly backed a stablecoin that shares reserve earnings with partners, not the issuer. On the surface, it sounds revolutionary.
But Paxos tried the same model in 2024 โ reached ~$3B in supply, compared to USDCโs $73B and USDTโs $145B. Strong concept, weak adoption.
And now, Samsung, Shinhan, Dunamu, and K-Bank say talks were never finalized. That โ140+โ figure might be more hype than fact.
The real pressure? Itโs on Circleโs profit margins.
Full analysis below ๐
https://cointelegraph.com/news/upbit-clarifies-ousd-role-open-standard-partner-list
Yoni Crypto
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๐ฅ UPDATE: Machi Big Brother flipped 3 Bored Apes for a long ETH position โ the trade is now reportedly up 5x, nearing $500K in just two days.
Yoni Crypto
Yoni Crypto
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๐จ UPDATE: Following Trump's disclosure of over $600M in income from $TRUMP, Sen. Gillibrand is intensifying her push for stronger crypto ethics regulations, reports Eleanor Terrett.
Yoni Crypto
Yoni Crypto
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๐จ INSIGHT: AI data centers could be consuming significantly more water than big tech companies admitโespecially when accounting for how those facilities are powered.
According to the WSJ, Meta is the only company that reports both direct and indirect water usage. In contrast, Microsoft, Google, and Amazon primarily disclose direct water use at data center sites.
Yoni Crypto
According to the WSJ, Meta is the only company that reports both direct and indirect water usage. In contrast, Microsoft, Google, and Amazon primarily disclose direct water use at data center sites.
Yoni Crypto
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๐จ UPDATE: Trumpโs investment accounts executed 327 undisclosed stock trades just one day before he announced a pause on major tariffs, NBC reports.
Yoni Crypto
Yoni Crypto
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โก THROWBACK: Bitcoinโs 4th of July price journey over the years:
2016: $683
2017: $2,601
2018: $6,599
2019: $11,198
2020: $9,179
2021: $35,287
2022: $19,293
2023: $30,901
2024: $58,600
2025: $108,000
2026: $62,000
Wishing a happy Independence Day to all our friends in the USA. ๐บ๐ธ
Yoni Crypto
2016: $683
2017: $2,601
2018: $6,599
2019: $11,198
2020: $9,179
2021: $35,287
2022: $19,293
2023: $30,901
2024: $58,600
2025: $108,000
2026: $62,000
Wishing a happy Independence Day to all our friends in the USA. ๐บ๐ธ
Yoni Crypto
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๐จ BREAKING: Tim Draper clarifies he hasnโt moved any BTC, reaffirming his $250K price target.
Yoni Crypto
Yoni Crypto
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๐ฉ๐ช ADOPTION: Soon, millions of Germans will be able to buy and sell crypto directly through their local banks.
Yoni Crypto
Yoni Crypto
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๐ฏ๐ต UPDATE: Micron has begun construction on a $9.3 billion expansion of its chip facility in Japan, aimed at manufacturing cutting-edge memory chips for AI applications. Learn more.
Yoni Crypto
Yoni Crypto
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โก ALERT: Revolut to delist USDT in August, citing regulatory and risk-related concerns.
Yoni Crypto
Yoni Crypto
๐ฅ INSIGHT: Tether CEO Paolo Ardoino warns that AI giants are investing heavily in infrastructure at an unsustainable paceโamid shrinking margins, deferred profits, and rising pressure from open-source alternatives.
Yoni Crypto
Yoni Crypto
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๐ฟ๐ฆ TAX: The South African Revenue Service is planning to audit approximately 6 million cryptocurrency users.
Yoni Crypto
Yoni Crypto
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โก LATEST: Peter Brandt is thinking about selling BTC to invest in gold.
Whatโs your move?
Yoni Crypto
Whatโs your move?
Yoni Crypto