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⇗ T Coin Update: Bitcoin Pursues $118K, Stablecoin Forecasts & Role of Meme Coins in Potentially $100T Global Asset Market

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T Coin Update: Bitcoin Pursues $118K, Stablecoin Forecasts & Role of Meme Coins in Potentially $100T Global Asset Market
The crypto market continues to exhibit notable dynamism. Bitcoin maintains strides towards the $118K mark, despite various analyses downplaying the potential US government shutdown as insignificant. Interestingly, Coinbase's stock value (NASDAQ:COIN) is climbing as AI agents exhibit increased need for crypto wallets. Concurrently, Metaplanet's stock (3350.T) makes a surprising 10% plunge, notwithstanding its $623M Bitcoin bet and Q3 surge. Noteworthy developments include Chainlink and UBS pushing for the tokenization of the $100T fund industry through the Swift Workflow. Despite the mixed sentiments, Bitcoin's relevance persists, defying claims of its impending domestication. Stablecoin's potential growth market has been predicted to reach $1.2T by 2028 by Coinbase, and $4T by 2030 by Citi. The dynamics of the meme-coin market, exemplified by a distressing 'meme-coin' associated with Trump, raise crucial securities-related discussions. Interestingly, Bitcoins' Realized Cap has hit $1T while Michael Saylor is encouraging the US government to purchase up to 25% of Bitcoin supply. The US SEC Staff's clarification that some Crypto Stablecoins are not securities, markets for Stablecoins like USDT, and USDC could grow to $2T by End-2028 according to Standard Chartered.

T Coin News Analytics from Sat, 27 Aug 2022 07:00:00 GMT to Wed, 01 Oct 2025 18:39:48 GMT - Rating 5 - Innovation 7 - Information 6 - Rumor -2

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