Looks like the traditional finance giants are finally admitting what we've known all along. A major Wall Street institution just disclosed that their Bitcoin ETF products have become their biggest revenue driver—pretty wild when you think about how skeptical they were just a few years back.
Meanwhile, regulators in the East are tightening the screws again. Word is enforcement measures against crypto and stablecoin payment channels are about to get way more aggressive. Not exactly shocking, but definitely something to keep on your radar if you're moving assets in that region.
Over in Washington, the President doubled down on his promise to keep equity markets breaking records. Whether that's realistic or just campaign rhetoric, markets seem to be eating it up for now.
Oh, and one blockchain network just extended their zero-fee promo for USDC and USD1 transfers. If you're shuffling stablecoins around, might be worth checking out before they change their minds.
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GateUser-7b078580
· 12-02 15:51
Data shows that these people on Wall Street should have admitted it long ago, although their BTC ETF can become the biggest revenue driver... When will this unreasonable mechanism stabilize?
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CoffeeNFTs
· 12-02 15:36
Those people on Wall Street are just now reacting, really too late haha
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0xTherapist
· 12-02 15:25
These Wall Street guys are only realizing now that they should have invested in Bitcoin a long time ago, they're really so slow.
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MrRightClick
· 12-02 15:21
Those people on Wall Street are only regretting it now, it's really fucking ironic.
Looks like the traditional finance giants are finally admitting what we've known all along. A major Wall Street institution just disclosed that their Bitcoin ETF products have become their biggest revenue driver—pretty wild when you think about how skeptical they were just a few years back.
Meanwhile, regulators in the East are tightening the screws again. Word is enforcement measures against crypto and stablecoin payment channels are about to get way more aggressive. Not exactly shocking, but definitely something to keep on your radar if you're moving assets in that region.
Over in Washington, the President doubled down on his promise to keep equity markets breaking records. Whether that's realistic or just campaign rhetoric, markets seem to be eating it up for now.
Oh, and one blockchain network just extended their zero-fee promo for USDC and USD1 transfers. If you're shuffling stablecoins around, might be worth checking out before they change their minds.