Arthur Hayes, CIO of Maelstrom and former CEO of Bitmex, discussed the eventual demise of Tether and other stablecoin companies. Hayes explained that Tether’s business
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Report: Bank of Korea Chief Says Growing Use of Stablecoins Threatens Central Bank Operations
The Bank of Korea governor Rhee Chang-yong recently stated that the growing stablecoin use threatens the operations of central banks. The possible involvement of global
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FDUSD Rockets to $1.6B Market Cap, Becoming Fifth Largest Fiat-Pegged Crypto Amid Binance Concentration
In the fortnight since Dec. 2, 2023, the stablecoin asset first digital usd (FDUSD) experienced a notable expansion, increasing its supply by 690 million coins.
Read moreBitcoin Deja Vu: Capital Inflows Mirror Pre-2021 Bull Run Momentum
On-chain data shows the cryptocurrency capital inflows currently look similar to December 2020, right before Bitcoin rallied from $18,000 to $65,000. Bitcoin & Ethereum Are
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S&P Global Ratings Introduces Stablecoin Stability Assessment Rankings
In a combination of both traditional and decentralized finance (defi) sectors, S&P Global Ratings has announced the launch of its stablecoin stability assessment. The latest
Read moreBitcoin Rushes To Exchanges, But This Sign Remains Positive For The Bulls
On-chain data shows an increasing trend of Bitcoin moving to exchanges, a typical bearish sign, but another signal still remains optimistic for the bulls. Bitcoin
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