Recent regulatory developments could push stablecoins closer to the existing fiat system, unleashing competition for control over a lifeblood of the crypto industry, says our columnist.
Analysts see the cryptocurrency's price as remaining range-bound.
Analysts expect bitcoin to pause at around $40K before its next leg up.
Technical data suggests lower support around $34,000 could stabilize the current pullback.
From questions surrounding Tether's USDT to Circle's plan to go public, here is your guide to why everyone is suddenly talking about stablecoins.
The a16z-backed Eco, which loans out users’ deposits in USDC, says it’s keeping an eye on the BlockFi case.
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
Haste is not conducive to the kind of nuanced regulatory approach needed for this fast-growing class of cryptos. Nor is scaremongering about “bank runs.”
Bitcoin is holding up following a strong bounce from $30,000 support.
The NCUA published an RFI on Thursday, asking credit unions to weigh in on how they're interacting with DeFi and DLT.
A day after rival stablecoin issuer Circle released more data about the assets behind USDC, Tether executives went on CNBC’s online show Tech Check to answer questions about its own token, USDT.
Paxos's reserves consisted of only cash and U.S. Treasury bills.
Stock tokens and stablecoins backed by securities might be treated as securities under U.S. law, SEC Chair Gary Gensler said.