stablecoin
Bitcoin market remains remarkably robust even after Large institutions sold $5.5B in BTC since May
Since May 10, as much as 236,237 Bitcoin (worth $5.452 billion) has been sold by “large institutions” — mostly as a result of forced selling. Huge sell-offs from institutions seem…
The Lummis-Gillibrand crypto bill is expected to be postponed to next year
The major bipartisan crypto bill led by U.S. Senators Cynthia Lummis (Republican) and Kirsten Gillibrand (Democrat) will most likely be deferred to next year according to the duo. Senator Cynthia…
The Decentralised finance (DeFi) giant Aave to launch GHO,an overcollateralized stablecoin
Aave the Decentralised finance (DeFi)giant has exposed plans to launch an overcollateralized stablecoin called GHO, subject to the community decentralized independent organization’s (DAO’s) approval. GHO would permit users to derive…
Notice from OGE stated that Crypto owners will be banned from working on US Government
A new legal advisory notice from the US Office of Government Ethics bans any employee who owns cryptocurrency from working on Federal crypto regulation. US government officials who confidentially own…
Paolo Ardoino rejects stablecoin FUD as short-sellers circle
Paolo Ardoino, the Tether chief technology officer has confirmed that the stablecoin has been the topic of a “coordinated attack” by hedge funds looking to short sell the dollar-pegged crypto…
The stablecoin company Tether will soon Launch GBPT which is pegged to the British pound sterling
Tether is supposed to be part of industry innovation in the United Kingdom as the country is planning to accept stablecoins as a means of payment. Major stablecoin company Tether…
Fed claims recent confusion regarding stablecoin highpoints crypto fragility
According to the Fed report, “Stablecoins that are not backed by safe and sufficiently liquid assets and are not subject to appropriate regulatory standards create risks to investors.”. The Federal…
TVL, network outages, or derivatives: What’s behind Solana’s (SOL) 60%+ drop?
SOL worth is over hr removed from its uncomparable high and information shows that its loss of territory to competitive chains is driving the correction. MARKET ANALYSIS The past number…
