Bitcoin Stability Could Help Launch Altcoins Higher in Q4
Bitcoin’s price action has been creating significant fear amongst investors, with analysts and traders widely expecting it to
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Stability
Maker (MKR) Surges 7% as Stability Fees Introduced, DeFi Regains Footing
While decentralized finance (DeFi) has seen a strong surge in 2020, Maker (MKR), a token strongly tied to
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Analysts Claim Bitcoin’s 76 Day Stability ‘Bullish’: Hash Ribbons Cross and 2016 Patterns
The price of bitcoin has been very stable lately, and the crypto asset has been trading in a less volatile range just above $9k per coin for 76 consecutive days. After the third halving, the price of bitcoin has also been far more stable, in contrast to the price
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How Global Stablecoins Can Promote Financial Stability in the World
In the past year, three major financial oversight bodies have voiced concerns about threats to financial stability purported to be posed by stablecoins. While acknowledging the potential for enhanced payments efficiency, reports from the Bank for International Settlements, the United States Federal Reserve and, most recently, from the Financial Stability
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First Mover: Bitcoin’s Recent Stability May Come from a Fleeting Correlation With Equities
Few investors ever get into bitcoin hoping for stability, but over the past eight or so weeks that’s pretty much what they’ve got. Since the start of May, bitcoin’s price has rarely strayed outside its $9,000 to $10,000 range. Occasions where it has crossed the $10,000 boundary, or sunk beneath $9,000
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US Financial Stability Oversight Council: Stablecoins Are a Risk to the Economy
On December 4th, the financial regulator the Financial Stability Oversight Council (FSOC) published an annual report for the year 2019. The report mainly focuses on the popularity of stablecoins and problems rising as these crypto assets expand over a wider range of potential consumers.In the report, a panel of top
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Stablecoins ‘Pose Risk to Financial Stability’ Warns Federal Reserve
Stablecoins could “complement” other payment systems and improve conditions for consumers, but need constant checks, says the United States Federal Reserve.In its November 2019 Financial Stability Report released on Nov. 15, the Fed highlights stablecoins and their potential impact on the U.S. and beyond.Fed: Unregulated stablecoins “pose risks”Rather than
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G7 Says that Bitcoin Failed but Libra Poses Threat to Financial Stability
G7 has just recently released a report addressing a long list of concerns it has with global stablecoins like Libra.French Finance Minister Bruno Le Maire said on Friday that Paris, Rome, and Berlin will join together in the effort of blocking Facebook’s new digital currency Libra in Europe.This is not
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G7 Says ‘Global Stablecoins’ Pose Threat to Financial Stability
The G7 group of nations has reportedly drafted a report which says that “global stablecoins” pose a threat to the global financial system.According to the BBC on Oct. 13, a draft report from the G7 outlined the various risks associated with digital currencies. It also said that, even if member firms
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Repo Market Meltdown Shows Bitcoin’s ‘Systemic’ Stability: Caitlin Long
Wyoming Blockchain Coalition president Caitlin Long has responded to the recent unrest in the money markets by analyzing the systemic fragility of the traditional financial sector as compared with Bitcoin (BTC).In a Medium blog post published on Sept. 25, Long made the argument that “at a systemic level, the
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