Federal Reserve Governor Stephen Miran described stablecoins as innovative tools that could provide users in jurisdictions with limited access to dollar assets. Miran estimates stablecoins could help satisfy about $3 trillion of foreign demand for dollar assets in the coming years. Fed’s Miran: Stablecoins Might Prop up Demand for Dollar Assets Globally The Facts Stephen
Bitcoin continued to slide toward the lower end of its current trading range as sellers maintained control across major timeframes. The market is trading near $97,300, and price action reflects a steady decline since losing the mid-range structure earlier this month. The broader setup now shows Bitcoin defending a crucial Fibonacci zone, while traders weigh
The Independent Community Bankers of America (ICBA), a national trade association representing small banks, has asked regulators to block Sony Bank’s bid for a national trust charter to issue stablecoins. In a letter sent last week to the Office of the Comptroller of the Currency, the group warned the Japanese financial giant is exploiting regulatory
Bitcoin price is hovering around $97,000 as heavy exchange-traded fund outflows deepen market pressure. Summary Bitcoin faces sharp outflows and rising U.S.-driven sell pressure. ETF redemptions accelerate as institutions de-risk into year-end. Technical signals lean bearish with key support now under stress. Bitcoin is trading at $97,527 at press time, down 5.5% in the past
Despite the positive developments on a macro front, such as the US government reopening, BTC’s quite unfavorable price actions continued in the past 12 hours or so as the asset plunged to a new multi-month low. The cryptocurrency stood above $107,000 just three days ago after Trump promised to send tariff checks of at least
Astria, the decentralized sequencing project once seen as a core piece of the modular blockchain ecosystem. It is shutting down its development company. Founder Josh Bowen confirmed the news in a late-night announcement. He calls it a difficult but necessary decision. The update comes less than two years after Astria raised a combined $18 million
The crypto market experienced pronounced volatility today as Bitcoin declined below the $100,000 threshold once again. According to CoinGlass data, crypto traders saw $1.10 billion in forced liquidations during the last 24 hours. Specifically, long positions accounted for the majority of losses, totaling $969.01 million, while short liquidations reached $128.12 million. The liquidation spike accelerated
Bitcoin (BTC) fell below $100,000. It is now approaching a Bitcoin death cross, a technical event where the 50-day SMA crosses below the 200-day SMA. Historically, this pattern has often appeared near market bottoms. However, the macro environment and the market structure of 2025 are no longer the same as in previous cycles. This raises
Bitcoin price continued its strong sell-off today, Nov. 14, its lowest level since May 8. BTC token moved to a low of $97,200, down sharply from the all-time high. This article explores the top reasons why the BTC price is crashing. Bitcoin price crashing as ETF outflows rise Copy link to section One reason why