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- #Will BTC Hit a New High?#
BTC has broken past $100,000 and is now consolidating near its peak. What’s your outlook on the next move? With bullish sentiment on the rise, could BTC reach a new all-time high?
#Crypto Market Rebounds#
The crypto market is rallying across the board — altcoins are gaining momentum, and Memecoins are heating up! 🔥MOODENG is up over 100%, while PNUT and VIRTUAL have each gained more than 45%. The total crypto market cap has now exceeded $3.22 trillion!
What’s next for the market? Which rebound tokens are you most bullish on?
Post your insights and trading strategie
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Tether CEO: The EU's stablecoin regulatory framework may trigger a wave of local bank closures.
CoinVoice has recently learned that according to a report by CoinDesk, Tether CEO Paolo Ardoino criticized the European Union's stablecoin regulatory framework during an interview with the Less Noise More Signal podcast. This framework forces stablecoin companies like Tether to hold a significant portion of their reserves (up to 60%) in unprotected bank deposits. Due to the cross-impact of high-risk loans and new cryptocurrency regulations, Europe could soon face a wave of bank failures.
Paolo Ardoino added that the European regulatory framework is designed to assist banking institutions in the Eurozone by providing more liquidity, but this has led to "huge systemic risks" because major European banks like UBS are not incorporating stablecoins into the banking system, ultimately forcing stablecoin issuers to choose smaller banks, which further exacerbates the risks.