By Jordan Lyanchev Bitcoin experienced its most impressive weekly rally in three years last week when it surged from under $65,000 to almost $80,000 in the span of less than 48 hours. Such explosive moves are typically followed by a sharp retracement as investors tend to secure profits, especially following weeks and months of sideways […]
Category: News
By Jordan Lyanchev After one bitcoin’s most volatile and impressive weeks, the cryptocurrency market has turned its attention to important US macro news to be announced in the next five days. The analysts at the Kobeissi Letter highlighted several such events scheduled next, but three stand out for the crypto industry: the July PCE inflation […]
By admin The United States Office of the Comptroller of the Currency has approved a federal trust authorization for a stablecoin focused company. This regulatory action brings the digital asset issuer under direct national banking supervision. The agency confirmed the new federally chartered stablecoin trust through interpretive ruling CD1385. Although reports suggest a connection to […]