The crypto market is surging as major developments fuel optimism: Bitcoin and Ethereum ETFs have recorded nearly $3 billion in inflows over the past week, reflecting growing institutional interest and anticipation of upcoming Fed rate cuts. Tether has launched a new U.S.-regulated stablecoin, USA... ... Read full CryptMarket Analysis â 15-09-12
During a recent appearance on CNBC, Tom Lee floated an interesting theory about the strongest gold rally since 1979, suggesting that stablecoins could be behind it. As noted by Lee, Tether's growing supply, which started to dramatically rise a few months ago, might be fueling gold's non-stop price gâŚ
The Bank of England (BOE) appears to be softening its stance on proposed limits to corporate stablecoin holdings, with plans to introduce exemptions for certain firms that may need to maintain larger reserves of fiat-pegged assets, according to a Bloomberg report published Tuesday.Citing people famiâŚ
Leading stablecoin issuer Tether could one day eclipse Saudi Aramco's record to become the most profitable company in history, according to Bitwise Chief Investment Officer Matt Hougan.In his latest client memo, Hougan noted that recent reports of Tether seeking a $500 billion valuation raised eyebrâŚ
Tether is said to be in talks with investors to raise as much as $20 billion at around a $500 billion valuation, according to a report from Bloomberg on Tuesday.If completed, the stablecoin issuer would become one of the world's most valuable private companies, ranking alongside Sam Altman's OpenAI âŚ