Bitcoin Getty Images In the wake of an impressive three-week run, the crypto market hit a pause button. In the past week, the bitcoin price retreated to $23,500 after breaking through the important $2...
Tag: Stablecoins
UK Crypto Industry Receives New Bill on Stablecoins
The proposed bill will task the U.K. Treasury with defining what DSAs are and assign the Bank of England (BoE), Financial Conduct Authority (FCA), and Payments Systems Regulator (PSR) various powers t...
Celsius Approved to Sell Mined Bitcoin, Customer That Lost 50,000 USDC Insists Her Regulated Stablecoins Should Be Treated Differently – Bitcoin News
On August 16, the crypto lender Celsius Network has been approved by a bankruptcy court judge to sell bitcoin the company previously mined to continue funding specific operations. The following day, t...
JAX-backed stablecoins as an alternative to CBDCs
Governments all over the world have started to pay closer attention to cryptocurrency and blockchain technology. Over 100 countries have engaged in CBDCs in one form or another, whether it’s just a re...
Optimism fading? Regulatory discussion on stablecoins postponed until fall
Among a rich range of anxieties both for the crypto industry and the global economy at large, the summer of 2022 will be remembered as the time when stablecoins proved themselves to be not so stable a...
Stablecoins Will Act As Catalyst For Mass Crypto Adoption- Here’s Why – Coinpedia – Fintech & Cryptocurreny News Media
Due to intense economic pressure and the Federal Reserve’s recent decision to raise interest rates, Bitcoin has dropped into a narrow band between $22,000 and $25,000. The crypto market has recently b...
Fidelity Macro Expert Says Stablecoins Could Accelerate Bitcoin (BTC) Adoption – Here’s How
A top executive at Fidelity Investments says that dollar-pegged crypto assets could help drive up the rate of Bitcoin (BTC) adoption. In a new interview on the Crypto Banter YouTube channel, Fidelity’...
Ethereum is recovering its dominance over stablecoins
One of the easiest way for investors to deleverage their positions is to turn to stablecoins. Centralized stablecoins, unlike their algorithmic counterparts, are resistant to volatility and retain the...
Built to fall? As the CBDC sun rises, stablecoins may catch a shadow
There’s a ferment brewing with regard to central bank digital currencies (CBDCs), and most people really don’t know what to expect. Varied effects seem to be bubbling up in different parts of the worl...
Can Traders Still Count On Stablecoins After The Luna Fall?
– Advertisement – Stablecoins continue to play a crucial role in the cryptocurrency world. Even though recent incidents affecting Terra/UST, USDD, DEI, and NIRV have shown these assets are...
Checkout.com eyes new crypto payments products despite bear market
Checkout.com, the payments outfit that was valued at $40 billion in January, is exploring the launch of two new crypto products — doubling down on the sector even as it languishes in a bear market. Th...
‘Floodgates Of Capital’—Crypto Is Braced For $21 Trillion Boom As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Skyrocket
bitcoin price getty The crypto market is on fire. In the past week, the price of bitcoin soared 7.4%, currently trading at $24,523, and the ethereum price climbed 16.8% to just under $1,900. Most altc...
PrimeXBT Adds Tron Support For Stablecoins
During bear markets, the best trading platforms are the ones that continue to build and grow. With two crypto winters under its belt, the PrimeXBT trading platform appears unstoppable, fortifying its ...
Vitalik Buterin says centralized stablecoins could decide the future of Ethereum hard forks
The co-founder of the Ethereum blockchain, Vitalik Buterin, has said that centralized stablecoins like Tether (USDT) and USD Coin (USDC) could become an integral piece in future decision-making about ...
USDT & USDC Stablecoins Will Play A Crucial Role In Future Hard Forks
While the cryptocurrencies are gaining mainstream attention, so does centralized stablecoins like Tether (USDT) and USD Coin (USDC). Now, Vitalik Buterin, Ethereum co-founder, claims that these centra...
US Conservative Political Organization Makes the Case Against CBDCs, Praises Bitcoin and Private Stablecoins
A fiscally conservative think tank doubts that central bank digital currencies (CBDCs) would be beneficial and wonders if they might even bring about negative outcomes. In a new policy brief, the Club...
‘HODLer Capitulation’ Is Near—Crypto Is Braced For Major Turning Point As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Recover
crypto Getty Images The crypto rebound is alive and kicking. Over the past few week, the price of bitcoin soared 10.2%, currently trading at $23,076, and the ethereum price climbed 23% to just under $...
Why Regulated DeFi Protocols And Stablecoins Are The Next Conquerable Frontier
Advertisement     The Terra/Luna debacle does not signal the crash of crypto; it does signal the urgent need for compliant DeFi protocols and stablecoins. Many people ...
Chilenos recurren a stablecoins para proteger sus ingresos en medio de una crisis económica
Buda.com, uno de los primeros exchanges en lanzarse en Chile, en 2015, también ha registrado un creciente interés por las stablecoins. La dominancia de las criptomonedas estables en su plataforma subi...
Stablecoins Will Only Have Value on PoS Ethereum Post-Merge
Tether’s CTO Paolo Ardoino confirmed on Twitter that Tether plans to support ETH2 “I don’t expect there to be any stablecoins on the PoW chain after the Merge,” Adam Gall, chief technology officer of ...
Singapore’s MAS Will Begin a Public Consultation on Stablecoins
2 hours ago | 2 mins read Altcoin News MAS is actively enhancing its surveillance of the expanding cryptocurrency market. The central bank would soon consult the public on potential stable coin ...
Singapore’s MAS to Open Public Consultation on Stablecoins Soon
Singapore’s apex bank, the Monetary Authority of Singapore (MAS), is ramping up plans to open up discussions with the public for stablecoin regulations. Tharman Shanmugaratnam, Senior Minister and Mi...
Argentinian Soccer Club Signs a Local Player Via Stablecoins USDC
Crypto market has left no boundaries untouched. It seems like crypto currency is an inevitable market which several companies in various industries are falling for. Especially the world soccer industr...
Here Are the Two Biggest Use Cases of Stablecoins This Decade, According to Macro Guru Lyn Alden
Macro guru Lyn Alden says that stablecoins are currently serving two main use cases in this decade. In a new interview with Anthony Pompliano, Alden says that as a digital representation of currencies...
Why DeFi Giants Aave, Curve May Want Their Own Stablecoins
Stablecoins are also unmistakably one of crypto’s most important innovations and historically one of its fastest growing sub-economies. Today, there’s over $150 billion worth of stablecoins in circula...
The Number of Euro-Pegged Stablecoins Has Swelled 1,683% Since 2020 – Altcoins Bitcoin News
While the stablecoin economy is worth roughly $153 billion today, euro-backed stablecoin issuance has increased 1,683% from $31.9 million worth of euro-based tokens on January 3, 2020, to today’s $569...
Nearly $140 Billion in Stablecoins Poised to Re-enter Crypto Markets
Crypto markets stabilized in July with no final capitulation event as many had predicted. There is now a large sum sitting in stablecoins waiting to re-enter markets when the time is right. Three of t...
The SEC Is Quietly Cracking Down On Crypto As Price Of Bitcoin, Ethereum, BNB, XRP, Solana, Cardano, Luna, Shiba Inu, And Dogecoin Recover
The SEC Chair, Gary Gensler Getty Images The crypto rebound is alive and kicking. Over the past week, the price of bitcoin soared 4.2%, currently trading at $23,800, and the ethereum price jumped 7.9%...
Research Shows A Surge In BTC To USDT Trade In June As Investors Flock To Stablecoins ⋆ ZyCrypto
Advertisement     While a considerable percentage of market watchers have maintained a persistent bullish outlook towards the crypto markets despite the steadfast bear...
Pain ahead for algorithmic and non-cash backed stablecoins
USDT Price at the time of writing – $1.00 USDD additionally fell to as little as $0.91 in June It regained its value peg after $700 million of USDC was added The International Monetary Fund (IMF...
Fate of stablecoin bill in doubt as House Financial Services Committee misses key deadline
The much talked-about but never resolved stablecoin bill still is not ready to see the light. With this Congress coming to a close and August recess beginning in days, the bill’s odds of becomin...
Senador republicano de EE. UU. busca apoyo bipartidista para la regulación de stablecoins
El senador Pat Toomey, republicano de mayor rango dentro del Comité Bancario del Senado de EE. UU., mantiene conversaciones con demócratas para que su proyecto de ley de supervisión sobre las stableco...