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Moody’s Analytics Finds over 600 Stablecoin Depegs YTD Triggered by High-Interest Rates

Moody’s Analytics launched its AI-enabled Digital Asset Monitor meant to track the volatility and risk in DeFi amid the mainstream adoption of stablecoins by institutional investors. The fast growth of fiat-backed stablecoins to over $120 billion by retail users in the past years has attracted major attention from institutional investors seeking

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‘We’re through the bear market’ as Bitcoin notches up 70% YTD

Following Bitcoin’s (BTC) stellar start to 2023, SkyBridge Capital founder Anthony Scaramucci believes “we’re through the bear market” and expressed confidence in his firm's crypto investments.However, "the Mooch" qualified the statement by adding, “That is a guess. We don't know.”In an April 6 interview with Yahoo Finance, Scaramucci noted that

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Bitcoin stays put with yearly close set to seal 60% YTD BTC price loss

Bitcoin (BTC) kept traders guessing to the last minute into the 2022 yearly close as volatility remained absent from the market.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewBTC price: Where's the volatility?Data from Cryptox Markets Pro and TradingView showed BTC/USD clinging to a familiar area around $16,500.The pair continued to disappoint

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