[BitPush Daily News Selection] Galaxy Digital Founder: If the trend continues, Bitcoin could reach $1 million; SEC delays decision on listing applications for Dogecoin, Hedera, and Avalanche ETFs; The Information: Financial market giant DTCC is exploring stablecoins.
Daily Web3 news selected for you by the BitPush editor:
[Galaxy Digital Founder: If the trend continues, Bitcoin could reach $1 million]
According to Bitpush news, Mike Novogratz, founder and CEO of Galaxy Digital, stated on Thursday that the price of Bitcoin could rise 10 times, reaching 1 million dollars.
He said in an interview with CNBC: "Over time, young people care more about Bitcoin than older people, so gold will gradually be replaced by Bitcoin. If you compare the market values of gold and Bitcoin, you will find that Bitcoin has a long way to go to reach 10 times the value of gold, so for Bitcoin to reach the level of gold, it needs to reach $1 million."
Novogratz believes that Bitcoin has the potential to grow tenfold, partly based on the latest trends in macro adoption. He said: "Now, all these financial companies are buying Bitcoin, sovereign wealth funds are also buying Bitcoin, and retail investors are buying Bitcoin. The ways to acquire Bitcoin are becoming increasingly convenient. Therefore, I believe that adopting Bitcoin as a macro asset, as a savings asset, is now like rolling down a hill, unstoppable."
[SEC postpones decision on listing applications for Dogecoin, Hedera and Avalanche ETFs]
According to Bitpush news, the U.S. Securities and Exchange Commission has postponed its decision on a series of spot altcoin exchange-traded funds, including the Bitwise Dogecoin ETF, Grayscale Hedera Trust, and VanEck Avalanche ETF's next steps. The agency wrote in each document: "does not indicate that the commission has reached any conclusions on any issues involved. Instead, the commission seeks and encourages relevant parties to provide feedback on the proposed rule changes."
According to Bitpush news, The Information reports that the financial market giant, the U.S. Depository Trust & Clearing Corporation (DTCC), is exploring stablecoins.
DTCC has not publicly commented on the report. This company, registered with the U.S. Securities and Exchange Commission (SEC), provides post-trade clearing, settlement, custody, and information services. DTCC and its subsidiaries handle tens of trillions of dollars in securities transactions each year.
DTCC pointed out in a recent blog post that "the use cases for stablecoins are increasing," including "corporate cross-border fund management and payment systems." The company wrote, "Stablecoins are becoming an alternative settlement mechanism, a means to improve payment efficiency, and the ultimate use case for blockchain technology. By updating payment infrastructure, stablecoins have now become a payment option across various segments of the ecosystem, from retail cross-border transactions to securities settlement."
[Trump: The 500,000 USD "Trump Card" is here, and over 15,000 people have joined the waiting list]
According to BitPush news, U.S. President Trump stated: "The $5 million 'Trump Card' is here! Since we opened the website last night, more than 15,000 people have registered and joined the waiting list! This $75 billion will help us balance the budget and strengthen America's power. The opportunity to live in the world's largest economy and greatest country is right here. This is a once-in-a-lifetime opportunity. The waiting list is now open."
[Shopify partners with Coinbase and Stripe to promote USDC stablecoin payments]
According to reports from Bitpush, Shopify has partnered with Coinbase and Stripe to make it easier for merchants to accept payments in Circle's USDC stablecoin, as announced in two statements released on Thursday.
Stripe stated in a press release: "Shoppers will be able to pay with USDC on Base using their preferred crypto wallets. By default, Stripe will allow merchants to receive stablecoin payments in their preferred local currency and deposit them into their bank accounts just like any other payment they receive."
Stripe stated that this service will be available to Shopify merchants in 34 countries/regions. Stripe mentioned that over the past two years, stablecoin payments have settled more than $94 billion. "During this period, monthly payments grew from less than $2 billion to over $6.3 billion."
[Trump: A Clear Regulatory Framework Will Be Established to Lead America in Bitcoin and the Future of Cryptocurrency]
According to Bitpush news, Trump stated at the Coinbase "State of Crypto" summit that the United States will strive to create a clear and simple market framework to enable the U.S. to dominate the future of cryptocurrency and Bitcoin.
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
[BitPush Daily News Selection] Galaxy Digital Founder: If the trend continues, Bitcoin could reach $1 million; SEC delays decision on listing applications for Dogecoin, Hedera, and Avalanche ETFs; The Information: Financial market giant DTCC is exploring stablecoins.
Daily Web3 news selected for you by the BitPush editor:
[Galaxy Digital Founder: If the trend continues, Bitcoin could reach $1 million]
According to Bitpush news, Mike Novogratz, founder and CEO of Galaxy Digital, stated on Thursday that the price of Bitcoin could rise 10 times, reaching 1 million dollars.
He said in an interview with CNBC: "Over time, young people care more about Bitcoin than older people, so gold will gradually be replaced by Bitcoin. If you compare the market values of gold and Bitcoin, you will find that Bitcoin has a long way to go to reach 10 times the value of gold, so for Bitcoin to reach the level of gold, it needs to reach $1 million."
Novogratz believes that Bitcoin has the potential to grow tenfold, partly based on the latest trends in macro adoption. He said: "Now, all these financial companies are buying Bitcoin, sovereign wealth funds are also buying Bitcoin, and retail investors are buying Bitcoin. The ways to acquire Bitcoin are becoming increasingly convenient. Therefore, I believe that adopting Bitcoin as a macro asset, as a savings asset, is now like rolling down a hill, unstoppable."
[SEC postpones decision on listing applications for Dogecoin, Hedera and Avalanche ETFs]
According to Bitpush news, the U.S. Securities and Exchange Commission has postponed its decision on a series of spot altcoin exchange-traded funds, including the Bitwise Dogecoin ETF, Grayscale Hedera Trust, and VanEck Avalanche ETF's next steps. The agency wrote in each document: "does not indicate that the commission has reached any conclusions on any issues involved. Instead, the commission seeks and encourages relevant parties to provide feedback on the proposed rule changes."
【The Information: Financial market giant Depository Trust & Clearing Corporation (DTCC) is exploring stablecoins】
According to Bitpush news, The Information reports that the financial market giant, the U.S. Depository Trust & Clearing Corporation (DTCC), is exploring stablecoins.
DTCC has not publicly commented on the report. This company, registered with the U.S. Securities and Exchange Commission (SEC), provides post-trade clearing, settlement, custody, and information services. DTCC and its subsidiaries handle tens of trillions of dollars in securities transactions each year.
DTCC pointed out in a recent blog post that "the use cases for stablecoins are increasing," including "corporate cross-border fund management and payment systems." The company wrote, "Stablecoins are becoming an alternative settlement mechanism, a means to improve payment efficiency, and the ultimate use case for blockchain technology. By updating payment infrastructure, stablecoins have now become a payment option across various segments of the ecosystem, from retail cross-border transactions to securities settlement."
[Trump: The 500,000 USD "Trump Card" is here, and over 15,000 people have joined the waiting list]
According to BitPush news, U.S. President Trump stated: "The $5 million 'Trump Card' is here! Since we opened the website last night, more than 15,000 people have registered and joined the waiting list! This $75 billion will help us balance the budget and strengthen America's power. The opportunity to live in the world's largest economy and greatest country is right here. This is a once-in-a-lifetime opportunity. The waiting list is now open."
[Shopify partners with Coinbase and Stripe to promote USDC stablecoin payments]
According to reports from Bitpush, Shopify has partnered with Coinbase and Stripe to make it easier for merchants to accept payments in Circle's USDC stablecoin, as announced in two statements released on Thursday.
Stripe stated in a press release: "Shoppers will be able to pay with USDC on Base using their preferred crypto wallets. By default, Stripe will allow merchants to receive stablecoin payments in their preferred local currency and deposit them into their bank accounts just like any other payment they receive."
Stripe stated that this service will be available to Shopify merchants in 34 countries/regions. Stripe mentioned that over the past two years, stablecoin payments have settled more than $94 billion. "During this period, monthly payments grew from less than $2 billion to over $6.3 billion."
[Trump: A Clear Regulatory Framework Will Be Established to Lead America in Bitcoin and the Future of Cryptocurrency]
According to Bitpush news, Trump stated at the Coinbase "State of Crypto" summit that the United States will strive to create a clear and simple market framework to enable the U.S. to dominate the future of cryptocurrency and Bitcoin.