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Stablecoin
UK Set to Disclose Plans for Regulating Crypto in Coming Weeks: CNBC
Like the EU's framework for crypto assets that is currently making its way through the legislative process, the U.K.'s regulatory efforts may also focus heavily on stablecoins.
Acorns Exec on Adding Bitcoin Exposure Option
Acorns Chief Investment Officer Seth Wunder discusses the normalization of cryptocurrency as their investment platform launches a new feature allowing customers to add bitcoin to their portfolios. Plus, a conversation about how Luna’s alleged plans to offer a BTC-reserved stablecoin could impact the crypto markets.
Waves Breaks Into Top 50 Crypto Rankings With 240% Monthly Gain
Explosive growth of the Waves-based Neutrino protocol seems to have powered the token higher.
Hedge Fund Fir Tree Makes Big Short Bet Against Tether: Bloomberg
The asymmetric bet limits the downside, but promises big profits if correct, the firm's clients say.
LUNA Surges 25% to New All-Time High of $104
Strong demand for Terra's stablecoin is behind the big move for sister token LUNA.
Stablecoin Supply Ratio Rises Alongside Crypto Prices
In today’s “Chart of the Day” segment, Christine Lee presents a chart illustrating the stablecoin supply ratio (SSR), which has risen over the past week alongside crypto prices. Questions arise about whether traders will choose to hold their stablecoins or bitcoin, and how these decisions can affect price shifts.
Market Wrap: Bitcoin Stabilizes Amid Geopolitical Uncertainty
The leading cryptocurrency reverses earlier losses in seesaw trading.
Ex-Meta Coders Raising $200M to Bring Back Diem
In an initiative called Aptos, a group of former Meta coders familiar with the Diem (formerly Libra) stablecoin project are raising capital to bring the Diem blockchain back to life. “The Hash” discusses where Diem stands in the current blockchain ecosystem and potential venture capital interest.
Market Wrap: Bitcoin Sellers Return, Reversing Earlier Gains
Concerns over the economy and the situation in the Ukraine linger.
