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Noble and Circle Bring Native USDC to Cosmos Ecosystem in Q2

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Today’s Cryptocurrency Headline

Cosmos ecosystem protocol Noble announces partnership with Circle, and is planning to introduce native USD Coin (USDC) into the Cosmos ecosystem in the second quarter. In an interview, Noble CEO Jelena Djuric stated that the Cosmos Inter-Blockchain Communication (IBC) ecosystem has never had a native, fiat-backed stablecoin with high liquidity and full collateralisation. This is set to change with the arrival of Circle, Noble’s first issuance partner.

BingX’s Bitcoin Chart

Source: TradingView & BingX

Bitcoin has experienced a 4.17% increase in the past 24 hours, reaching an intraday peak of $28,650.00. This surge pushes the largest cryptocurrency back over the $28,000 mark, suggesting that investors remain confident despite recent actions taken by the CFTC against the industry. The upward trajectory of the 20-day exponential moving average, along with the relative strength index nearing the overbought territory, implies that market sentiment is still robust. If the BTC/USDT pair maintain its position above the $28,000 level, it could potentially climb to $30,000.


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