Tether Co-Founder Sizes Up PayPal’s Stablecoin Ambitions
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.
Tether pioneer William Quigley, who was also an early investor in PayPal, said he doubts the payments giant will bring much innovation to the stablecoin space.
Companies like Luno and PayPal have halted certain crypto operations in the country in response to regulations set to take effect next month.
BTC rose 1.5% to trade over $26,100 in European morning hours on Thursday, while Ether neared $1,700 before falling to $1,650.
Bitcoin traded just under $26,700 and ether exchanged hands at $1,630 as of Asian afternoon hours Monday, adding just 0.5% in the past 24 hours.
The large flow was concentrated in the so-called out-of-the-money calls, indicating a bullish outlook on the second-largest cryptocurrency by market volume, according to Greeks.Live
The latest price moves in crypto markets in context for Sept. 13, 2023.
Multiswap’s code creates a liquidity pool of several different tokens that can be easily traded with each other – making these trades in a single transaction possible.
Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization.
Mainstream interest in the crypto market remains low as key economic indicators show continued decline in the disposable income of the U.S. households.
Research firm RxR’s blended Metcalfe law-centric valuation model, incorporating active user adoption of layer 2 scaling networks, suggests ether should trade at a market value of $275 billion.