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Todayβs Cryptocurrency Headline
Circle Internet Financial, now the sole organisation in charge of managing USDC, is set to announce the stablecoin will be launching on six new blockchains that include Polygon PoS, Base, Polkadot, NEAR, Optimism and Cosmos via the Noble network, according to a person familiar with the matter. Earlier this week, Circle and Coinbase said they had reorganised their relationship with regard to USDC. Besides disbanding the Centre Consortium, which had managed the governance of USDC since its founding in 2018, Coinbase also acquired a stake in Circle.
BingXβs Bitcoin Chart
Source: TradingView & BingX
BTC quickly rebounded after breaking through the sideways range and successfully surpassed the upper boundary of the range at π²26,300, forming a new consolidation range. The current resistance level is at π²27,000, with support at π²26,300. Without new policy news affecting the market, it is difficult to see sustained trends, and more likely to continue with oscillations.
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