Bitcoin Price Prediction: BTC USD Shrugging Off $800 Billion AI Sell-Off
Bitcoin price is holding up better than many risk assets despite a bearish prediction. BTC is trading near $65,500 after briefly slipping toward $64,600 intraday....
Tag : USD
Several Korean firms dispute Open USD alliance membership
Several major South Korean companies have said they were listed as members of the Open USD (OUSD) stablecoin alliance despite not formally agreeing to participate....
Upbit rejects Open USD role after stablecoin partner claims
South Korean crypto exchange Upbit has rejected claims that it is participating in the issuance of Open USD after being listed among more than 140...
BTC USD Recovering: Why is The Crypto Market Going Up Today, July 2nd?
After a rough June, the crypto market finally found its footing today. BTC USD climbed back above $60,000, while the total crypto market value recovered...
What is a consortium stablecoin? Open USD model
Tether and Circle built their businesses by keeping the interest on the dollars behind their coins. A new kind of stablecoin, run and owned by...
CRCL Sell-Off 'Looks Overdone' Say Analysts as Circle CEO Addresses Open USD Threat
In brief CRCL shares fell 18% on Tuesday amid news of a major stablecoin launch coming later this year. Analysts at Clear Street though don’t...
Circle Stock Dives as Coinbase, BlackRock and Visa Back Open USD Stablecoin
In brief More than 140 companies have teamed up and revealed Open USD, a new stablecoin run by an independent operator called Open Standard. It...
Crypto News, June 24: Crypto Chaos as BTC USD Tumbles with Chip Stocks, ETH Foundation Axes Staff, Rate Hike Looms
Crypto is stabilizing after BTC slid alongside the “AI darling” NVIDIA, while ETH USD continued its frustrating trend of underperforming expectations. Up until today, there...
Crypto News, June 23: Why is Crypto Down? BTC USD Falls Under 63K, as ETH Hits Triple Bottom in Massive Leverage Flush
Crypto is having another episode this morning. Why is crypto down again, even though it seems to be stabilizing and grinding higher for weeks? BTC...
Strategy adds $300M to USD Reserve, acquires 520 BTC
Michael Saylor’s Strategy has expanded its Bitcoin holdings and increased its US dollar reserve after its perpetual preferred stock STRC slipped below $90. Strategy acquired...