Here’s How the Collapse of TerraUSD Will Impact Stablecoins, According to Bloomberg Strategist Mike McGlone
Senior Bloomberg analyst Mike McGlone says algorithmic stablecoins relying on market growth may be done for the foreseeable future. In...
Month: May 2022
G7 financial officials call on Financial Stability Board to step up crypto regulation—report
The top financial officials from the Group of Seven (G7) largest advanced industrial economies has called on the Financial Stability...
Contrarian Bitcoin investors identify buy zones even as extreme fear grips the market
Bitcoin (BTC) support at the $30,000 level has proven to be quite resilient amidst the turmoil of the past two...
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
Michael Barr, a law professor and former advisory board member of Ripple Labs who is United States President Joe Biden’s...
Crypto exchange FTX expands into US stock trading
FTX exchange is expanding into US equity trading with its subsidiary FTX US. FTX has launched its US equities trading...
Report: Crypto traders potentially owe IRS around $50B in unpaid taxes
A Barclays report has revealed that crypto investors might not be paying their full taxes to the Internal Revenue Service...
Celsius CEO blames malicious actors for troubles at the firm
Celsius users are up in arms over the company’s faltering performance, specifically, the CEL token’s shortcomings during the recent market...
Tether’s $82.4B reserves exceed market cap of USDT
The world’s biggest stablecoin has just released its quarterly transparency report a day before the deadline of May 20. The...
Panama President demands strict anti-money laundering measures in new crypto law
Panama’s President Laurentino Cortizo said he will not sign the new cryptocurrency bill until it provides provisions for stricter anti-laundering...
LUNA holders may veto the live vote to fork the Terra network
The TerraBuilderAlliance, Do Kwon, and others in the community have agreed upon a proposal to fork Terra Luna to attempt...
Panama President Mulls Crypto Bill Approval Due to Money Laundering Concerns
The president of Panama, Laurentino Cortizo, has declared he will not sign the recently approved cryptocurrency bill passed by the...
Digital Collectible Owners Continue to Take Loans out Using NFTs as Collateral
While non-fungible token (NFT) collectibles have become a hot commodity over the last 12 months, a number of NFT owners...
FTX US Launches Zero-Commission Equities Trading Platform
FTX US announced on Thursday that the firm has launched an equities trading platform called FTX Stocks which will give...
Following French Montana, Son Tung M-TP, One of Vietnam’s Top Celebrity Singers, Joins Radio Caca’s USM Metaverse
press release PRESS RELEASE. The Vietnamese music celebrity’s videos have garnered close to 2.5 billion lifetime views on Youtube. RACA...
Crypto Analyst Predicts ‘Brutal’ Bitcoin (BTC) Rally Catches Bears off Guard – Here’s His Target
A closely followed crypto strategist is unveiling his next price target for Bitcoin (BTC) that will massively defy BTC’s current...
