Pro-crypto lawyer John Deaton argued that banning yield on stablecoins would incentivize the use of China’s interest-bearing digital yuan, hurting the US dollar.
Related Posts
Bitcoin Price Risks Drop Below $76K as Oil Prices Slide 7%
TL;DR Bitcoin price risks another drop as it fell below $77,000 on Monday despite a sharp decline in oil prices fueled by hopes of a diplomatic resolution to the US-Iran conflict. BTC failed to break above $78,500, raising concerns about another move lower. Analysts warn that Bitcoin could fall below $76,000 if bearish momentum continues. […]
Ethereum Negative Supply Dynamics Hold As ETH Issuance Falls Behind Burns – Here’s What To Know
Except for Ethereum’s fluctuating price action in the past few weeks following a broader market volatility, another key area is drawing notable attention in the sector. ETH’s price has been exhibiting bearish performance, and at the same time, its supply dynamics have been demonstrating a negative trend. Net Negative Ethereum Supply Persists Even with the […]
Chainlink Moves BUILD Rewards Toward Fee-Based LINK Agreements
Chainlink Moves BUILD Rewards Toward Fee-Based LINK Agreements – Read the full analysis.