Tether CEO slams S&P ratings agency and influencers spreading USDt FUD
The comments followed S&P’s downgrade of USDt’s ability to maintain its peg, which cited Tether’s Bitcoin and gold reserves as a concern....
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Hillary Clinton Warned ‘Exotic’ Crypto Could Destabilize Nations: These Countries Took The Worst Reserve Hits In The Bitcoin Meltdown
Former Secretary of State Hillary Clinton didn’t hold a favorable view of cryptocurrencies when she once warned that they could weaken nations. ‘Exotic’ Cryptos Pose Risks To Dollar During a video appearance at the Bloomberg New Economy Forum on Nov. 19, 2021, Clinton urged nation-states to pay “greater attention” to...
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Weekend Crypto Roundup: Bitcoin’s Scarcity, Dogecoin’s Resistance, Tether’s Rating, Trump’s Crypto Ties And Peter Schiff’s Warning
The past week was a rollercoaster ride in the world of cryptocurrencies. From Bitcoin’s scarcity debate to Dogecoin’s resistance level, the crypto market was buzzing with activity. Tether’s CEO slammed traditional rating agencies, while Trump’s crypto ties came under fire from House Democrats. Meanwhile, Peter Schiff warned about the...
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Bitcoin’s Next Bullish Wave Could Take 200–300 Days To Kick Off — Here’s Why
The price of Bitcoin appears to have cooled off after displaying great strength in recovering the $90,000 level over the past week. According to the latest price action data, this price jump will only be transient, as the premier cryptocurrency is seemingly still stuck in a bearish structure. BTC...
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XRP Price Suppression? Analyst Points To Big Banks And Private Equity Players
Reports are circulating that big financial players may be quietly buying XRP while the price sits near $2.18. If true, that could help explain why XRP hasn’t pushed past $3 even as trader interest grows. Some observers point to shrinking exchange wallets and limited disclosures as hints that accumulation...
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Bitcoin Price Approaching ‘Low-Risk’ Zone — Time To Buy?
The Bitcoin price has somewhat slowed down in its recovery since reclaiming the $91,000 level over the past week. According to the latest on-chain data, the flagship cryptocurrency seems to be entering a critical zone, which could see its price rebound with more momentum in the near future. On-Chain...
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Institutional Demand Returns As Spot Bitcoin, Ethereum ETFs End Outflow Streak
The flow of capital into spot Bitcoin and Ethereum ETFs has started to adjust again after weeks of steady redemptions. New data shows that both asset classes have recorded their first net-positive inflow week since October, and this might be an early sign that institutional appetite may be stabilizing...
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China’s Central Bank Reaffirms Ban On Digital Assets – Details
The People’s Bank of China (PBOC) has reaffirmed its commitment against cryptocurrency trading after confirming a resurgence in market speculation. The Chinese apex bank is nudging several government institutions to strengthen their crackdown on business and financial activities involving virtual currencies and curb related illegal operations. Stablecoins Yet To...
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Bitcoin Spot ETFs Break 4-Week Negative Streak With $70M Weekly Net Inflows
The US Bitcoin Spot ETFs have produced a positive turnaround following four prior weeks of consistent outflows. In line with Bitcoin’s price recovery, these investment funds also ended a bleeding month of losses on a moderately positive note. Bitcoin Spot ETFs Begin Recovery From Red November According to the...
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Is Bitcoin Whales’ Game Now as Retail Investors Vanish?
Bitcoin’s price staged a notable recovery of around ten grand in the past week or so, surging from a multi-month low of under $81,000 to over $93,000 on Friday, where it was stopped and pushed to around $91,000. On the question of what type of investors might be behind...
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