Tether Scores Second-Lowest Rank in S&P Global Stablecoin Stability Assessment
USDT was assigned a low score of four, meaning the largest stablecoin is constrained in its ability to maintain its peg to fiat.
Financial
Market
Financial
Bitcoin Halts at $41K as Traders Eye Fed Rate Decision; AVAX Flips Dogecoin as Altcoins Jump
Investors will monitor Fed Chair Jerome Powell’s press conference Wednesday for signs of potential rate cuts next year.
Financial
First Mover Americas: Binance’s Waning Market Share
The latest price moves in crypto markets in context for Dec. 12, 2023.
Financial
Bitcoin Dips 7% to Near $40K; Pullback Will Be Short-Lived, Say Experts
“Corrections shake out ‘weak hands’ and leverage, allowing for a stronger foundation for eventual moves higher,” said well-followed analyst Will Clemente.
Financial
Crypto VC C1 With Coinbase Lineage Eyes Acquisition in Australia: Report
Australia has taken a cautious approach to the larger crypto industry ever since the collapse of FTX.
Financial
Bitcoin’s 4% Drop Cools Overheated Funding Rates, Data Show
Funding rates for major tokens, including BTC, have normalized to below 0.1%, indicating an exit of over leveraged bulls.
Financial
Cardano Jumps 20% as Analyst Eyes Bitcoin Pullback to $40K to ‘Fill CME Gap’
Market observers “underappreciate” future inflows from institutional investors to bitcoin, asset 21.co CEO said in a CoinDesk TV interview.
Financial
Here’s Why Bitcoin’s Famed Bull-Market Pullbacks Have Been Elusive During the Recent Price Surge
The bull market has been clearly spot-driven, with all major derivatives veri relatively flat, one observer said, adding the rally has limited downside.
Financial
Bitcoin ETFs Got BTC Surging, but Tumbling Interest Rates Have Helped, Too
The abrupt recent turn in expectations for Federal Reserve monetary policy has helped asset prices across the board.
Financial
Flowdesk Picked by Forge to Become Marker Marker for Euro-Based Stablecoin
EURCV isn’t the first Euro stablecoin, but it has the institutional backing of Societe Generale, a major European financial institution.