Standard Chartered head of digital assets research Geoffrey Kendrick believes Bitcoin’s (BTC) recent price action suggests that the flagship crypto may require sovereign accumulation or improved geopolitical clarity to push higher amid the current risk-off market sentiment. In a March 11 research note shared with CryptoSlate, Kendrick highlighted that Bitcoin’s crash this week has brought […]
Paolo Ardoino, CEO of Tether, stated today that USDT stablecoin adoption in developing nations effectively creates a decentralized market for US debt, positioning everyday people as indirect purchasers of American treasuries through Tether’s reserves. Speaking at the Bitcoin Policy Institute, Bitcoin for America event, Ardoino highlighted Tether’s significant role in maintaining US dollar dominance globally
USDT will save dollar from gold-backed BRICS currency says Tether CEO Paolo Ardoino Read More »
Bitcoin and the broader crypto market are under significant pressure as macroeconomic concerns fuel investor anxiety. In the past 24 hours, the price of BTC has fallen 2.2%, briefly touching $76,624 before recovering to $81,376 as of press time. Ethereum (ETH), the second largest crypto asset by market cap, also dropped 10% to $1,760, its
Bitcoin, Ethereum reel as recession fears erase $906 million from traders Read More »
