Search results for "X"

Potential technological breakthrough prediction for "God's Candle": ETH, XRP, and PI may suddenly pump significantly in a short time.

In 2025, Ethereum (ETH), Ripple (XRP), and Pi Network (PI) are considered strong candidates for the "God Candle" technological breakthrough. "God Candle" is a technical term used to describe a large green candle on a price chart, indicating a sudden and significant price increase in a short period.
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Bitcoin (BTC) Important Signal: Hackers Target $8 Billion Wallet of Defunct Exchange, Posing Potential Risk to Prices

Hackers are targeting the $8 billion Bitcoin wallet stolen from a defunct cryptocurrency exchange in Japan. Any abnormal transactions could impact the price movement of Bitcoin, raising concerns in the encryption community.
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Tabi launches the "Soulbound Token" endorsement program, empowering a new era of Web3 consumer finance.

In the Web3 world, community trust and dedication are the cornerstones of project success. TabiChain, a Layer1 (L1) chain focused on consumer-grade applications, is recognizing those early supporters who sincerely participate and actively contribute through its innovative Tabi SBT (Soul-Bound Token) recognition program. Tabi is fully compatible with EVM, Omni-Protocol, and multi-interpretation capabilities, empowering developers to create Poly-Apps—Web3 native super applications that are cross-blockchain compatible and integrated with Web2 platforms.
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10x Research: Currently, the 7-day and 30-day moving averages of Ethereum are showing a bullish trend.

Golden Finance reports that 10x Research published an analysis on the X platform stating that the current price of Ethereum (ETH-USDT) is above the 7-day and 30-day moving averages, indicating that the ETH price is in a bullish trend. Over the past week, the ETH price has risen by approximately 3.6%, a trend that may be driven by around $148.5 million in inflows into the Ethereum ETF, particularly as BlackRock's Ethereum ETF has started to increase its holdings of ETH, with the asset size of this ETF now reaching approximately $4.6 billion. Additionally, BitMine has raised $250 million to support ETH asset strategies, and SharpLink Gaming has increased its holdings by 9,468 ETH, enhancing institutional demand.
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ChainCatcher will hold a themed Space titled "New Highlights and New Challenges of AI + Crypto in the Second Half of 2025" tomorrow at 20:00.

ChainCatcher will hold a Space event tomorrow at 20:00 on the X platform, themed "The New Highlights and Challenges of AI + Crypto in the Second Half of 2025", featuring core members from Neura, Infinity Ground, 0G labs, and Deagent AI. The event will explore breakthroughs and trends in the AI + Crypto field for 2025.
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Elympics: Mocaverse NFT holders will qualify for the Token community sale Allowlist.

Odaily News Elympics announced on the X platform that all Mocaverse NFT holders, as some of the earliest supporters of Elympics, will receive Allowlist eligibility for the token community sale. According to previous news, Cookie Snaps has launched Elympics, with a prize pool of $560,000 worth of ELP Tokens, and the token rewards will be
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Holding 2% of the total XRP! The mysterious Ripple co-founder reappears after 14 years, sparking heated discussions in the community.

A veteran figure in the Crypto Assets field and a well-known supporter of Ripple (XRP) recently broke his silence, sparking heated discussions among investors and developers. Arthur Britto, who co-founded Ripple Labs in 2012, ended a 14-year silence with just an emoji on the social media platform X. This brief message carries significant weight. Britto's name rarely makes headlines, but his work has been the core force behind the construction of the XRP Ledger, helping XRP rank among the top in market capitalization of Crypto Assets. As the trading price of XRP fluctuates around the recent range, some investors have expressed that they are closely following any signs of movement in Britto's Wallet Address.
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Bitcoin (BTC) Price Analysis: Bullish Commentary Soars to Three-Week High, Possible "Moderate Pullback" Before Breaking Historical High

The blockchain analysis platform Santiment indicates that cryptocurrency traders are increasingly optimistic about Bitcoin's potential to return to $110,000 on social media, but the surge in optimistic sentiment is not always a good sign. Santiment analyst Brian Quinlivan states that people are clearly starting to drool over the potential market value of Bitcoin exceeding $110,000.
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GMGN Alliance: Users can apply for compensation if they are still squeezed after enabling the MEV anti-squeeze feature.

Gate News bot message, GMGN co-founder Haze posted on X stating that there have been recent occurrences of Malicious Nodes "sandwiching" and that the Jito service has been unstable. Starting today, if users are still subjected to sandwiching after enabling the MEV anti-sandwich feature provided by GMGN, they can submit the transaction hash for verification with the official staff. Upon confirmation, they will receive corresponding fee compensation.
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GMGN Co-creation: Starting today, users who are still trapped after enabling MEV can receive official compensation by providing the corresponding information.

Odaily News GMGN co-founder Haze posted on the X platform stating that there have been malicious nodes interfering, and there are also some instabilities with Jito's services. Starting today, if users have activated MEV (anti-clip) using GMGN and get clipped, please send the Hash to official personnel to verify that MEV was indeed activated and clipped, and the official will compensate the corresponding fees.
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ProShares Leveraged XRP ETF Listed on DTCC, Marking a Key Step in the Listing Process

ProShares Ultra XRP ETF (leveraged Ripple ETF) has been registered on the Depository Trust & Clearing Corporation (DTCC) platform in the United States, with the trading code UXRP. This move is typically one of the key steps before a crypto assets ETF officially lists on an exchange. The "pre-launch" status on the DTCC platform indicates that the fund is in the final preparation stage before listing. Boosted by this development, the XRP price has successfully broken through the key resistance level of $2.30. According to Gate data, XRP is currently priced at $2.303, with a 24-hour rise of 1.81%.
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Ethereum Price Prediction 2025: Bullish 160% vs Bearish Warning

James Harris, the CEO of Finnish company Tesseract, recently made a bold prediction about the mid-term price movement of Ethereum. In an interview, he stated that he expects the price of ETH to reach $6,500 by the end of 2025, which would mean an astonishing 160% rise compared to the current price. Despite the optimistic predictions, some analysts remain cautious about the long-term trend of ETH. Markus Thielen, CEO of 10X Research, provided a pessimistic Ethereum price prediction, expecting ETH to fall to $2,300, approximately an 8% decrease from the current price.
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Altcoin market recovery signal: key trend line reclaimed, historical bull run precursor reappears

The cryptocurrency market is flashing familiar signals, suggesting that alts may be set for an explosive pump. After months of uncertainty and price consolidation, the latest analysis shows that the total market capitalization of alts has successfully reclaimed a key long-term rise trend line. Notably, this trend line was the iconic starting point before the major bull run of alts in 2017 and 2021. As market patterns converge and historical fractals reappear, analysts are closely monitoring whether the current market environment is again conducive to a large-scale altcoin explosion.
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Hedera (HBAR) price prediction: falling wedge breakout triggers bullish target, could reach $1 within six months?

After experiencing several months of decline, the price of Hedera (HBAR) has just broken through the falling wedge pattern and started gaining popularity. Captain Altcoin quoted analysts from X (formerly Twitter) who suggested adjusting the target price to $0.38, while analyst Cosmideus even stated that the price of HBAR could reach $1 within six months.
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Cardano (ADA) Price Prediction: Whales Accumulate 120 Million Tokens in Two Weeks, Big Wallets Hoard for Potential Breakout

As price behavior and Whale activity begin to show new patterns, the price of Cardano (ADA) may be transforming. According to on-chain data shared by crypto analyst AliCharts, wallets holding between 1 million to 10 million ADA have increased their holdings by a total of 120 million ADA over the past two weeks. Interestingly, this buying frenzy occurred while the price remained relatively stable, which often suggests quiet accumulation.
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Bitcoin brewing a huge change: long-term holders lock-up position, fluctuation compression, is a historic big pump imminent?

As long-term holders control the majority of the supply, technical fluctuations compress energy accumulation, and institutions continue to accumulate while reducing circulating supply, the current environment is highly similar to the historical precedents of Bitcoin's explosive pump. Although there are no absolutes in the market, the strong confluence of on-chain indicators and technical indicators strongly suggests that the next round of Bitcoin's big pump may have quietly begun beneath the calm surface.
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Others fear while I am greedy? Pi coin has fallen over 25% in a month, and analysts rarely warn that selling could lead to "heavy losses".

Pi Network (PI) has collapsed 26.40% in a single month, currently reporting at 0.4626 USD during the Asian session today (9). Despite most analysts predicting further fall for Pi coin, analyst Moon Jeff remains optimistic, expecting the Token to soar to 5 USD. Meanwhile, the RSI of Pi coin has fallen to around 30, indicating that the market is in an Oversold state, which could be a sign of a bullish reversal.
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The U.S. Ethereum Spot ETF has seen net inflows for eight consecutive weeks, indicating strong institutional demand.

The Glassnode chart clearly shows that the fund flow of the Ethereum spot ETF has recently continued to show a positive trend, with a net inflow of 61,000 ETH recorded last week (valued at 157.3 million USD based on the current exchange rate). Thus, this crypto assets spot ETF has achieved eight consecutive weeks of net fund inflow. In the past week, both ETH and SOL have seen a rise in this indicator, indicating new funds flowing into the crypto assets market. Among them, SOL has outperformed ETH, with their new market capitalizations reaching 6.2 billion USD (ETH) and 8.3 billion USD (SOL) respectively, demonstrating strong capital inflows into Solana.
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Solana (SOL) Price Prediction: Funding rate turns to "negative value," is 180 USD the next stop?

Solana (SOL) has failed to break through $180 since late May, raising doubts about the possibility of a Rebound in 2025. The demand for SOL leveraged long positions has seen a big dump, negatively impacting market sentiment. On Monday (July 7), the funding rate for SOL Perpetual Futures turned negative, indicating an increase in demand for short positions. This change is relatively rare and shows a lack of confidence among bullish investors.
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Pi Network (PI) Price Prediction: The token supply lacks a "clear" control mechanism, trading volume is sluggish, and selling pressure is increasing.

Today (9) in the Asian early session, Pi Network (PI) slightly rebounded, currently reported at 0.4604 USD, still unable to break back above the important threshold of 0.5000 USD. Due to an increasing number of token issuances and a lack of clear supply management methods, Pi coin is facing growing selling pressure. As a result, community members have now lost confidence in the long-term prospects of this token. Against the backdrop of a general rise in the cryptocurrency market, the lackluster attitude of the Pi Core Team (PCT) has also dampened investor optimism.
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Gate Daily|Trump Media Company submits Bitcoin ETF application; Putin's government uses Crypto Assets for cross-border payments; Tether holds 8 billion USD in gold.

Today (9) in the Asian early session, Bitcoin (BTC) ended the pullback and rebounded, currently reported at around 108,880 USD. The media platform Truth Social, owned by former U.S. President Trump, released ETF documents holding BTC, ETH, SOL, XRP, and CRO. The Russian government, led by President Putin, stated that Russian companies use net settlement, gold, and encryption in cross-border payments. Tether holds 8 billion USD worth of gold in a secret vault in Switzerland.
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Musk indicates he may sue the powerful figures involved in the Epstein case.

According to BlockBeats news, on July 9, Musk responded on X to the question "Should we ruthlessly sue the elite involved in the Epstein case?" saying, "100%". This morning, Musk stated, "If Trump doesn't release Epstein's files, how can people have confidence in him?" On June 6, Musk had said, "It's time to drop the real bombshell: Trump appears in Epstein's documents. This is the real reason these documents have not been made public." Afterward, in an effort to ease relations with Trump, Musk deleted the relevant explosive tweet.
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Analysis: The token sale of Pump.fun has a "poor outlook" and is currently suspected to be in trouble.

PANews, July 9 - According to The Block, on Monday, Pump.fun claimed to plan to sell 150 billion PUMP Tokens to raise $600 million, attracting criticism, and the relevant listing information on Gate exchange mysteriously disappeared. Many Crypto Assets advocates believe this is a negative influence. The Block's research director, Steven Zheng, stated: "Some users were surprised by Pump's Token sale; they originally expected a large-scale Airdrop like popular applications such as Hyperliquid. Although an Airdrop may still be in preparation, Pump, having already raised $700 million through other means, seeking to raise another $600 million through a Token sale will certainly leave a negative impression." Space ID Marketing Director Alice
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DWF Labs Partner: Stablecoins and BTC account for 89% of USDf reserve assets, with a current over-collateralization rate of 116%.

DWF Labs' Executive Partner responded to doubts regarding the reserves and yields of its stablecoin project USDf, stating that 86% of the reserve assets are stablecoins and BTC, with a collateralization rate of 116% after auditing. The yields mainly come from basis trading, arbitrage trading, and staking. Previously, USDf had a short-lived depeg.
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Pi Network (PI) Important News: Pi has received major venture capital support from 137 Ventures, is the Mainnet about to launch?

Today (8th) in the European morning session, Pi Network (PI) maintains a falling trend, currently reported at 0.4550 USD, with short-term selling pressure still existing. Although the price is indeed falling, investor activity continues to increase; the 24-hour volume has risen by 26.11%, reaching 81.57 million USD.
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"Dollar savers are losers"! Robert Kiyosaki, author of "Rich Dad Poor Dad": If Bitcoin crashes, I will get on board to buy more.

Renowned financial author Robert Kiyosaki, the author of the book "Rich Dad Poor Dad," posted several tweets on X (formerly Twitter) at the beginning of July, demonstrating his unwavering support for Bitcoin while adhering to his consistent investment philosophy. He warned that savers storing dollars are losers and stated that if Bitcoin crashes, he will buy more.
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TON Foundation urgently clarifies: The UAE golden visa program has no government endorsement, and the related announcement has been withdrawn.

In response to the previous report that sparked widespread controversy regarding "staking TON for UAE golden visa," the TON Foundation issued a brief statement to clarify. The organization denied any government involvement in the project. The plan previously claimed that users could obtain a 10-year UAE golden visa by staking $100,000 worth of TON tokens for three years. According to the TON Foundation's official blog, this clarification aims to correct misinformation about its UAE golden visa program. The foundation emphasized that the project is an independent collaboration between TON and an unnamed licensed partner (focused on tokenization of assets and blockchain infrastructure). The TON Foundation clearly stated that the project has not received any formal government support and is currently only an "exploratory attempt." The organization admitted that the initial announcement was released too early and has removed the related promotional content.
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DOGE Price Prediction: On-chain Data Reveals Three Key Resistance Levels for DOGE

Renowned analyst Ali Martinez (@ali_martinez) released his latest insights on the X platform, pointing out that, based on on-chain data indicators URPD analysis, DOGE ( is currently facing three key potential resistance price levels that need to be focused on. These levels correspond to significant supply walls on the DOGE supply distribution chart ) UTXO Realized Price Distribution (.
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The Pi community has sparked intense discussions! Is the Pi Network Studio a significant upgrade or just a new round of hype?

According to CoinGape, the release of the Pi Network App Studio has sparked mixed reactions within the community. The platform allows users to easily create Web3 applications using Pi and profit from them. However, many community members feel disappointed as the project still lacks advanced features.
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Bitcoin price stabilizes at $108,000, why has the volume dried up? A deep analysis of the signals behind it.

The current price movement of Bitcoin shows resilience above $100,000, but the exhaustion of volume and the exit of retail investors pose short-term concerns. On-chain data reveals positive signals of accumulation by whales and long-term holders, while the MVRV ratio also suggests that upward potential still exists. The market is at a critical node, and a decrease in OTC supply may trigger a rebound driven by supply shortages in the future. Investors need to closely monitor changes in volume and the differentiation in behavior between whales and retail investors to determine whether the BTC bull run is sustainable.
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The SEC accepts the Bitcoin and Ethereum ETF applications from Trump Media Company, marking a deep integration of Crypto Assets and politics.

The U.S. Securities and Exchange Commission (SEC) recently officially accepted the application for a Bitcoin and Ethereum exchange-traded fund (ETF) from Trump Media, marking the start of the agency's clock to approve or reject the proposed fund. This application is not only a significant development in the cryptocurrency market but also signifies a deep integration of crypto assets with U.S. politics. The ETF proposes to offer investors exposure to Bitcoin (BTC) and Ethereum (ETH) through stocks listed on the New York Stock Exchange Arca, supported by crypto assets, with 75% allocated to Bitcoin and 25% allocated to Ethereum.
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10 Crypto Assets Analysts You Must Follow on X (Twitter): Insights into the Market, Seizing Opportunities

In the ever-changing world of Crypto Assets, X (formerly Twitter) is an unceasing platform for obtaining real-time information and insights into market dynamics. From breaking news to on-chain insights and price predictions, it has it all— as long as you know who to follow. Whether you are a Newbie in Crypto Assets or an experienced active trader, focusing on the right voices can give you a significant advantage. This article will recommend 10 of the most valuable Crypto Assets analysts and commentators on X. These accounts provide continuous updates, clear analyses, and can truly help you understand market dynamics and seize opportunities.
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Fidelity's Solana Spot ETF application delayed again by the SEC, regulatory fog shrouds altcoin funds.

On July 7, 2025, the U.S. Securities and Exchange Commission (SEC) confirmed that Fidelity's application to launch a Solana (SOL) spot exchange-traded fund (ETF) has been delayed again. The document submitted by the Cboe BZX exchange is part of the proposed rule change application regarding the listing of the "Fidelity Solana Fund." Although future approvals may accelerate, Fidelity's Solana ETF is currently still under the uncertainty of cryptocurrency regulation. Dozens of similar applications (from XRP ETF to Meme Coin ETF) have also been stalled. Meanwhile, some companies are seeking alternative Solana investment products. Last week, REX Financial and Osprey Funds launched the REX-Osprey Sol + Staking ETF. While not a direct Solana spot ETF, it provides investors with an indirect way to access the Solana network and its staking rewards.
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The U.S. Treasury Department has officially withdrawn its lawsuit! The Tornado Cash sanctions case comes to an end, and on-chain privacy tools are facing regulatory relaxation.

Nearly five months after the U.S. Treasury lifted sanctions on the crypto mixer Tornado Cash, the federal agency has now officially withdrawn its appeal. According to Bloomberg Law, the U.S. Treasury has reached an agreement with the advocacy organization Coin Center in Washington, D.C., to jointly request the termination of the appeal process regarding Tornado Cash. The U.S. Eleventh Circuit Court of Appeals has approved the joint motion to dismiss the appeal.
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The ancient Bitcoin whale has moved! 80,000 BTC that have been dormant for 14 years have been transferred. Could it be Roger Ver?

The cryptocurrency market was recently shaken by a major piece of news: a Bitcoin (BTC) ancient whale address that had been inactive for 14 years has become active again since noon on the 4th of this week, with its associated 8 wallet addresses being activated one after another. This batch totals 80,009 BTC, which, at the current market price, has a total value of approximately 8.69 billion USD, all of which has been transferred to 8 new addresses. The movement of this "ancient capital" immediately raised concerns in the market about potential selling pressure, and speculation about the true identity of this whale has also become rampant, with Roger Ver being a commonly speculated individual within the community.
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Companies holding Ethereum as their treasury asset have now purchased more coins than the ETH issuance.

According to Jinse Finance, Anthony Sassano (@sassal0x), the founder of The Daily Gwei, stated on X that the number of ETH purchased by companies holding Ethereum as their treasury asset has surpassed the amount of newly issued ETH. In the past 30 days, approximately 77,000 new ETH has been issued (with a net issuance of about 57,000 after accounting for burns). During the same period, Ethereum treasury companies purchased over 200,000 ETH.
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FARTCOIN Price Prediction: Analysts bullish target $2.28( +110% )

From a comprehensive technical perspective, the bullish pattern, strong on-chain buying volume, a surge in open contracts, and overall favorable information in the Meme coin zone (Musk effect) indicate that the price of $FARTCOIN is highly likely to initiate a significant rise in the short term, targeting the high of $2.28 predicted by analysts, representing a potential increase of up to 93% from the current level.
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Today's Technical Analysis: BTC, ETH, XRP, SOL, DOGE, ADA, HYPE

Bitcoin today (8) is experiencing a pullback, currently reported at around 108,000 USD, after previously facing strong dumping pressure near the 110,500 USD mark, indicating the short positions' determination to defend this important resistance level. However, for the long positions, an encouraging signal is that the price remains above the MA, reflecting the firmness of investor sentiment and the current lack of profit taking.
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Bitcoin Price Prediction: What Does the End of The Federal Reserve Liquidity Rise Trend Mean for BTC?

Since the beginning of 2025, the liquidity engine supporting risk assets, including Bitcoin, is now turning to a reversal. Macro analyst Thomas stated that the Federal Reserve's six-month liquidity rise trend has ended, and the U.S. Treasury is about to face a wave of debt issuance that could cause instability.
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Global Money Supply surged by 9%! Historical signals suggest Bitcoin will pump by 460%?

A strong pattern has emerged: whenever the year-on-year growth rate of the global Money Supply reaches or approaches the current level of 9%, Bitcoin has experienced a massive bull run in the subsequent twelve months. The historical average increase is an astonishing 460%! This indicates that the global Central Bank's initiation of "money printing" mode often has a significant bullish effect on Bitcoin prices. Given that the current global Money Supply is once again growing at a considerable pace, whether Bitcoin can replicate its historical brilliance in the coming year has become the focus of attention for Crypto Assets investors and a potential major investment opportunity in Bitcoin.
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Gate Daily|Trump announces new tariff rates and deadlines; TON Foundation denies launching UAE gold visa; Bitcoin and US stocks both pull back.

Today (8th) in the Asian early session, Bitcoin (BTC) pulled back from last night's high, currently reported at around 108330 USD, as trade war impacts risk assets. U.S. President Trump signed an executive order, delaying the implementation of tariffs from July to August 1st. Nevertheless, Bloomberg emphasized that Trump’s new deadline "is not 100% certain," allowing more time for negotiations. Trump warned that any trade retaliation would be met with a response from the United States.
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Cboe and Canary Funds have submitted a revised 19b-4 form regarding the PENGU ETF.

Golden Finance reported that WhaleInsider stated on the X platform that Cboe and Canary Funds have submitted a revised 19b-4 form regarding the PENGU ETF.
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Aevo: The token buyback for June has been completed, totaling 1 million AEVO.

Odaily News Aevo announced on the X platform that it has completed the token buyback for June, totaling 1 million AEVO, with an average purchase price of 0.083. The buyback was completed on-chain, and currently, 1 million AEVO has been transferred to the treasury's multisignature Address.
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Cardano(ADA) price prediction: $0.54 could be an ideal get on board point?

The recent price movement of Cardano (ADA) has indeed become stagnant. The ADA price is currently hovering in a typical "no man's land," with Crypto Assets investors closely following the key $0.54 support level. Although this price level has successfully prevented multiple falls, ADA currently seems directionless, lacking a clear trend.
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Bitcoin reached a new weekly closing high of $109,200, with July potentially hitting $136,000.

Despite the obvious differences between Trump and Musk recently, the factors from both sides jointly propelled Bitcoin to achieve a historic weekly Closing Price of $109,200, which is $140 higher than the record in May. Analysts expect the rise to continue, with July potentially hitting $136,000.
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DOGE finally shows its fangs! Breaks through key resistance, analysts raise target price

After months of DOGE Bear Market trends and volatile conditions, DOGE has made a strong Rebound, successfully breaking through the 0.16 USD resistance level. This seemingly moderate pump is showing signs of a potential breakout in the current market context, attracting analysts' follow.
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What secrets are hidden in Trump's "Great and Beautiful Act"? Crypto KOL analysis: XRP and XLM may become the core of financial reset.

The well-known opinion leader in the encryption field "Stellar Rippler" has put forward a disruptive interpretation of President Trump's new bill, attracting widespread attention. Although mainstream media refers to it as tax and spending reform, he believes it is a key step towards a Financial System Reset, with XRP and XLM at the core of this transformation.
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DOGE Price Prediction: Follow the weekly RSI swing trading and the price range of $0.143-$0.127.

Technical analyst Kevin (account name @Kev_Capital_TA) reignited the debate about the market structure of DOGE last Sunday. He urged traders to ignore the phenomenon of "constantly providing DOGE technical analysis to participate" and instead focus on the two signals that have been guiding the price of this meme coin for over two years. "The situation with DOGE hasn't changed much," he wrote, "don't let other analysts on this platform bombard you with DOGE technical analysis just to participate. We know what to pay attention to."
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The total amount of claims against FTX has reached $11 billion, with Chinese investors claiming $380 million.

Gate News bot message, FTX creditor representative Sunil updated the FTX claims distribution information on the X platform, stating that the total claims amount from restricted jurisdictions is $470 million, and Chinese investors are the largest group of FTX creditors, holding $380 million in claims (accounting for 82% of the restricted claims).
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China prohibits Crypto Assets, but allows RMB stablecoin?

For a long time, China has maintained a strict prohibition policy towards Crypto Assets, especially in 2021 when it completely banned Crypto Assets trading and Mining, leaving a deep impression on the global crypto community. However, recent unexpected news has emerged: China's IT giants are actively positioning themselves in the stablecoin market and plan to launch a stablecoin based on the Renminbi. At the same time, the United States is also accelerating its stablecoin legislation. This raises curiosity about whether the US and China will face a new competition in the global stablecoin market. Moreover, does China's iron-fisted policy towards Crypto Assets quietly open a window for the development of the Renminbi stablecoin?
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