On the heels of recent commentary from the published correspondence between Securities and Exchange Commission (SEC) chairman Jay Clayton and representative Ted Budd, SEC senior advisor Valerie Szczepanik explained at Austin’s SXSW conference that stablecoins may be violating current securities laws. Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards Stablecoins May […]
The post Stablecoins Are Threatened by These Two Major Issues appeared first on Bitcoin News.
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As the top markets try to claw their way out of the hole again, it remains to be seen how successful these attempts will be in the end. For Ethereum, there is a lot of pressure to contend with. Part of the reason is Bitcoin’s decline, but there is also some concern over the implementation of ProgPoW. For now, the Ethereum price remains above $140, albeit just barely. Can the Ethereum Price Remain Above $140? When Bitcoin starts to lose value – albeit ever so slightly – it usually doesn’t take long for all of the alternative markets to go 
A lot of alternative crypto markets are suddenly turning very bearish, which is not a promising sight. All top markets also depict bearish hourly charts, which is only adding more proverbial fuel to the fire. Even the Ethereum price, which recently surpassed $140 again, is facing a fair bit of uninvited pressure. Ethereum Price Needs Strong Support It is only normal to see some of the excitement ebb away when the weekend comes around. Yesterday offered a lot of promising momentum, and even today things are not looking all that bad. However, there is also a growing amount of bearish 
