Binance Partners With Circle to Boost Stablecoin

The world’s largest exchange will offer more USDC trading pairs and even increase its holdings of the dollar-pegged digital currency.
Circle, the issuer of the USDC stablecoin, and cryptocurrency exchange Binance have announced a partnership to expand the token’s use on the trading platform as part of a plan to accelerate growth.

Binance will list more USDC-denominated cryptocurrency trading pairs and offer special promotions related to USDC trading. Binance also plans to hold USDC in its own corporate treasury, according to a statement. A Binance spokesperson declined to comment on how much USDC the company plans to hold, adding that the stablecoin will be added “over time.”

The expanded partnership comes as Circle’s main competitor, Tether, increases its dominant market share with its USDT token during the current cryptocurrency rally. At the same time, Binance is looking to cement its market leadership after reaching a $52,253,408,2724 billion settlement last year with the U.S. over a series of charges related to violations of anti-money laundering laws and economic sanctions.

source: valor econômica (www.valor.globo.com)

82376289162#establecoin #usdc #circle

Bitcoin Price Variation in the Last Hours:

The price of Bitcoin has been showing an upward trend recently. According to the latest data, Bitcoin registered an increase of +1.51% in the last 24 hours, reaching the value of $64,561.07 USD1. The 24-hour high was $65,976.40 USD, while the low was $63,038.49 USD1. This volatility is common in the cryptocurrency market and can be influenced by several factors, including market events, news and, of course, technical events such as halving.

Relationship with Halving:

Halving is an event that occurs approximately every four years and halves the miners' reward for each validated block. This mechanism is designed to control Bitcoin inflation by limiting the supply of new coins. Historically, halvings have been associated with increases in the price of Bitcoin, as a reduction in the supply of new coins, if demand remains constant or increases, can lead to an appreciation of the cryptocurrency.
As we approach the next halving, it is possible that investors are anticipating a potential appreciation of Bitcoin and therefore increasing their positions in the cryptocurrency. This may explain part of the recent price rise. However, it is important to remember that the cryptocurrency market is highly speculative and other factors may also be influencing prices.

Please remember that this information is based on historical data and market trends and should not be considered financial advice. It is always recommended to conduct your own research and consult a financial professional before making investment decisions.

#halvingbitcoin #bitcoin #análisedepreço

*Solana expanding in Brazil*

The Solana Foundation announced an investment of R$50 million to expand its operations in Brazil. The project, called “Superteam Brasil”, aims to create opportunities for learning, practice and work on the Solana network. This expansion also marks Solana's official presence in South America, in addition to Mexico. Brazil is a strategic market for Solana in 2024, especially in the areas of tokenization, art and artificial intelligence. The initiative strengthens the cryptocurrency ecosystem in the region and recognizes its global importance. Furthermore, recently, Brazilian projects stood out at Solana's Global Hyperdrive Hackathon. Firethree came fourth in the “Infrastructure” category, MedeLeite combines milk meters with blockchain, and Kyōdō Protocol facilitates connections between professionals and companies. These successes demonstrate Brazil's potential in the crypto revolution. Solana also plans to invest R$5 million in Brazilian developers through hackathons, further boosting the local ecosystem.
#Solana⁩ #superteambrasil #solanaemexpansão

#solana solana has demonstrated that it is ready to take a leap in value. In recent days we have noticed a significant increase in its value and everything indicates that it will exceed US$ 100 in the coming months. Let's keep an eye out and bet with confidence on the rise of Solana! Who lives will see!