Stablecoins Are Beneficial to U.S. Economy, Tether’s Custodian Says
Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
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Stablecoins boost demand for U.S. Treasury notes, Howard Lutnick, the CEO of Tether custodian Cantor Fitzgerald, said.
“There exists a large, untapped pool of capital within the Bitcoin ecosystem that remains dormant,” Wintermute’s OTC desk told CoinDesk.
Bitcoin’s Relative Strength Index is now above 79, a place it hasn’t been since the bull market of late 2021.
Bitcoin is stable as Asia begins its trading day, but crypto quant shop sees risk assets pricing in two, not three rate cuts.
“The main problem was our lack of organizational execution,” MarginFi’s longtime leader Edgar Pavlovsky told CoinDesk.
Major U.S. equity indices closed the day lower as faster CPI reading for March, will BTC was up 1%.
The former Ethereum adviser has retained well-known civil liberties lawyer Alan Dershowitz to serve as a consultant on constitutional issues in the case.
Massive demand for a China-listed gold ETF sent its premium soaring to 30% earlier this week.
Decentralized crypto exchange Uniswap received a notice from the U.S. Securities and Exchange Commission (SEC) that it intends to pursue an enforcement action, the company disclosed on Wednesday.
Bitcoin’s supply growth is set to automatically drop by 50% when next week’s “halving” arrives, Ethereum is pondering a cut in ETH issuance, and meme coin issuers are just no-holds-barred spinning up new ones. Blockchain tech is enabling all sorts of monetary strategies.