Stablecoins – Page 6

Circle CEO spells doom scenario for US dollar in warning to Congress

Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar.

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Will $30K be a new springboard for Bitcoin bulls?

Bitcoin margin and futures markets display strength as institutional appetite surges after multiple spot ETF requests.

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Stablecoins are a critical countermeasure to Operation Chokepoint

Stablecoins could help crypto firms to remove themselves from the banking system — and prevent the U.S. government from cutting off their financial lifelines.

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This bearish technical pattern hints at a double digit drop in Bitcoin price

Inflation concerns and the U.S. debt standoff cast a long shadow over Bitcoin’s dwindling bullish prospects.

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Stablecoin issuers have spent over $1.3M lobbying Congress since 2022

Tether and Circle have been leading lobbying efforts among stablecoin issuers as they push for legislation and regulations for stablecoins.

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Stablecoin Issuer Tether Reveals Plan to Allocate Profits Into Bitcoin

Tether, the stablecoin enterprise, has revealed its intention to devote 15% of its profits to bitcoin. The firm’s announcement comes on the heels of Tether’s recent attestation report, which emphasized the company’s possession of bitcoin reserves worth $1.5 billion. Tether’s Strategic Shift: Profits to Fuel Bitcoin Acquisition Tether, the company behind the crypto economy’s largest […]

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Binance to Withdraw From Canadian Market Due to Regulatory Climate

Binance, the world’s largest cryptocurrency exchange by trading volume, announced on Friday that it is “proactively withdrawing from the Canadian market.” The company thanked the regulators who worked with them and said that the Canadian market was “small.” Binance Bows Out of Canada Due to Regulatory Guidance The cryptocurrency exchange Binance has decided to withdraw […]