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Stablecoins
Market Wrap: Possible Trend Reversal as Bitcoin Spikes Past $40K
The strong bounce in bitcoin over the weekend occurred as shorts covered positions.
Tether Responds to Bloomberg Report, Saying It’s 'Repackaging Stale Claims as News'
Responding to a Bloomberg report published Monday suggesting U.S. federal prosecutors are investigating Tether for a possible bank fraud offense conducted years ago, the stablecoin USDT issuer released a statement seemingly implying the report was wrong. CoinDesk's Adam B. Levine unpacks the story and its implications to bitcoin amid rising national concerns over stablecoin risks.
Report: Tether Executives Facing Criminal Bank Fraud Charges
Bloomberg reports executives from Tether are reportedly facing a criminal probe into bank fraud, with the U.S. Department of Justice investigating the USDT issuer for a possible offense conducted years ago. “The Hash” panel discusses the ongoing controversy around Tether and why this developing story is one to watch.
Tether Executives Facing Criminal Bank Fraud Charges: Report
The U.S. Department of Justice is investigating Tether for a possible offense conducted years ago, Bloomberg reported Monday.
Who in Crypto Met With Brian Brooks When He Ran OCC? Here's His Calendar
As Donald Trump’s national bank regulator, Brooks met with a wide range of crypto market participants, from Fortune 500 execs to DeFi protocol founders, documents show.
Market Wrap: Bitcoin Analysts Expect a Short-Squeeze
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
Money Reimagined: Regulate Stablecoins, Don’t Smother Them
Haste is not conducive to the kind of nuanced regulatory approach needed for this fast-growing class of cryptos. Nor is scaremongering about “bank runs.”
Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves
Bitcoin is holding up following a strong bounce from $30,000 support.
