Stephen Alpher is CoinDesk's managing editor for Markets. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
"FOMO is Back: Are You Holding Enough Bitcoin and Altcoins to Ride the New Wave," is the title of 10X Research's Markus Thielen's."With bitcoin breaking above $65,000, we anticipate a swift move toward $70,000, followed by new all-time highs in the near term."
Of particular interest, said Thielen, Circle's USDC accounted for 40% of recent stablecoin inflows, a far higher share versus Tether's USDT than is typical. It's important, he said, as while USDT minting on TRON is typically associated with capital preservation, USDC minting could indicate a rise in DeFi activity.
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