Stablecoin Transaction Volume on OP Network Over $1 Billion Santiment data shows an above-average amount of USDT and USDC volume on OP blockchain. The stablecoin volume spike and OP’s price setting a local top happened simultaneously. OP’s price is down more than 3% over the last 24 hours. According to the blockchain analysis firm, Santiment, there have been some anomalies in network activity for Optimism (OP). In a tweet today, Santiment posted a highlight of their findings. Reports shows that Optimism, which is one of the few blockchains with “increasing TVL and onchain activity,” has show

Kathleen Moriarty, a pioneering force in the investment management industry who developed the first U.S. exchange-traded fund, has passed away at 69, according to Chapman and Cutler LLP’s website. Known affectionately by many as “the SPDR Woman” or “Spider Woman”, Moriarty had an astounding impact on investment funds due to her involvement in building the SPDR S&P 500 ETF Trust SPY. Her accomplishments enabled ETFs to become a booming industry. In the cryptocurrency world, Moriarty is known for representing the Winklevosses twins in their endeavor to register a Bitcoin ETF. source: sgxstrai

Bitcoin Trades Sideways as Stocks Get Pre-Holiday Bounce. The largest cryptocurrency by market capitalization has been moving sideways in a range between $16,700 and $16,900 in the past 24 hours as traders grappled with an uncertain market outlook for next year. Bitcoin looked remarkably stable Wednesday, trading around $16,780 as traders wrestled with the uncertain market outlook for next year. source: sgxstraitsindex.com