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Tether
Bitcoin Price Surges to 5-Month High, What’s Driving Bitcoin’s Rally?
Bitcoin’s price has skyrocketed to a 5-month high of over $54,000 as bullish sentiment returns, with the cryptocurrency already up 25% this month. CoinDesk’s Galen Moore discusses insights into the possible factors driving what he calls the “spot-market driven rally” and its potential connection to tether, China, crypto regulation, and ETFs.
The US Inches Closer to Stablecoin Rules
The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”
Huobi Appears to Have Suspended Mainland China for New User Registration
The move came after China announced tougher measures on crypto trading.
SEC Hints at Tether Probe in Records Request Denial
The U.S. regulator cited a law enforcement exemption in denying a Freedom of Information Act request about Tether, though this doesn’t necessarily mean any charges will be filed.
Crypto Markets Need More Scrutiny From SEC, Investor Groups Say
The advocacy groups called the crypto industry “a Wild West” in a letter to SEC Chair Gary Gensler.
With Evergrande on the Brink, the ‘China Hustle’ Comes Home to Roost
Evergrande’s problems are part of a much larger pattern in Chinese equities. One overlooked documentary was a stark warning that needs revisiting.
Evergrande and China’s Looming Risk to Tether
Tether says it doesn’t hold short-term debt from the struggling developer. But that doesn’t mean tether holders aren’t at risk.
Tether Denies Holding Evergrande’s Commercial Paper as Reserve for Stablecoin USDT
It’s the latest twist in ongoing speculation over the quality of the reserves backing USDT.
Circle CEO Jeremy Allaire on Stablecoins
Jeremy Allaire of neo-bank Circle digs into the world of stablecoins as the issuer of the second-largest stablecoin by market cap USDC. He joins "First Mover" live from the 2021 SALT Conference in New York to share his insights into USDC's backings, growth of stablecoins, tether (USDT)'s reserve breakdown, and his reactions to Coinbase receiving a SEC Wells notice over its lending product. Plus, insights into Circle's future plans as it prepares to go public.
Stablecoins Are ‘Pretending’ to Be Currencies: ECB’s Lagarde
Stablecoins are not currencies, but rather, assets, ECB President Christine Lagarde said.
