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Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would be superior to private stablecoin, a study released by the Bank for International Settlements (BIS) found. The authors used a “money view” of stablecoin and an
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Bitcoin price is consolidating gains below the $37,000 zone. BTC could gain bullish momentum if there is a close above the $36,800
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Ethereum price is attempting a fresh increase above $1,650 against the US Dollar. ETH could accelerate higher if it clears the $1,670
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Ethereum price is still struggling to gain pace above $1,670 and $1,680 against the US Dollar. ETH must stay above $1,620 to
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Ethereum price is attempting a recovery wave above $1,620 against the US Dollar. ETH must settle above $1,650 to start a decent
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Binance has answered a letter from United States Senators from early March requesting information about the crypto exchange operations in the country, including its balance sheet. According to a report on March 18, Binance's response did not include the financial data requested. Bloomberg learned from an anonymous source that despite being
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The merger between decentralized finance (DeFi) and traditional assets, has been held back by lack of infrastructure and regulatory standards worldwide, sources recently told Cointelegraph. "There simply haven’t been good institutional grade systems for these companies to get involved. Obviously, they’re not going to just run their whole system using a
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Ethereum started a fresh decline below the $1,200 zone against the US Dollar. ETH might correct higher, but the bears could remain active near $1,230. Ethereum extended its decline and traded towards the $1,180 support zone. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a
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Bitcoin (BTC) only needs one more key on-chain signal for a classic bull market to begin, analyst David Puell says. In a tweet on Dec. 17, the Puell Multiple creator argued that the stage is almost set for the end of the BTC price bear market.Puell: Bitcoin network activity "underwhelming"Despite many
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The crypto borrowing and lending platform Nexo plans to gradually cease operations in the United States “over the coming months,” according to a blog post on Dec. 5. Nexo has stated that the decision to leave the U.S. is “regrettable but necessary.”Today we are announcing the regrettable but necessary decision that
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