The CEO of analytics firm CryptoQuant says he’s concerned about the direction that the digital asset industry is heading. Posting to the social media platform X, Ki Young Ju says that the builders who used to create things that traders loved have disappeared, largely due to overzealous regulations, being imprisoned, or making too much money The post CryptoQuant CEO ‘Genuinely Concerned’ About Industry, Says Crypto Failing Traders and Builders – Here’s Why appeared first on The Daily Hodl .
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Former Coinbase Execs to Launch Crypto Exchange Using PayPal Stablecoin
A cohort of former Coinbase executives is set to launch TrueX, a new digital asset exchange that will utilize PayPal’s stablecoin, PYUSD, as its primary settlement currency. On Sept. 18, True Markets introduced TrueX, branding it as a “non-custodial, stablecoin-native exchange.” This venture garnered $9 million in seed funding from notable backers including Paxos, Solana Foundation, and Aptos. According to a press release, TrueX has partnered with Paxos, the issuer of the PayPal USD stablecoin, to adopt PYUSD as the default settlement currency on its platform. PYUSD boasts a significant presence in the crypto world, with a market capitalization exceeding The Daily Hodl
Why This New Token Could Be the Next Bitcoin, Skyrocketing 18,000% in 2024!
The world of cryptocurrency is no stranger to remarkable gains, with stories of early investors turning modest sums into vast fortunes. While Bitcoin (BTC) continues to stand as the digital gold of this financial revolution, the search for the next big altcoin never stops. Among the most exciting prospects on the horizon is a new Continue Reading: Why This New Token Could Be the Next Bitcoin, Skyrocketing 18,000% in 2024! The Daily Hodl