ECB flags risk of financial contagion from US crypto push

ECB flags risk of financial contagion from US crypto push

The ECB is calling for changes to MiCA, only months after the regulatory framework was implemented. The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by Politico,…

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Bitcoin up 33% since 2024 halving as institutions disrupt cycle

Bitcoin up 33% since 2024 halving as institutions disrupt cycle

Institutional investment and Bitcoin ETFs have accelerated the four-year Bitcoin halving cycle despite growing uncertainty fueled by global trade wars. Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence. The 2024 Bitcoin…

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T stablecoin supply could drive next crypto rally — CoinFund’s Pakman

$1T stablecoin supply could drive next crypto rally — CoinFund’s Pakman

The growing stablecoin supply suggests cryptocurrency adoption is at its mainstream “tipping point.” The global stablecoin supply could surge to $1 trillion by the end of 2025, potentially becoming a key catalyst for broader cryptocurrency market growth, according to CoinFund managing partner David Pakman. “We’re in a stablecoin adoption upswell that’s likely to increase dramatically…

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#Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined

#Competitors want to ‘kill Tether,’ most altcoins ‘won’t make it’ in 2025: Finance Redefined

Only the altcoins with potential ETF approvals and solid revenue-generation models will outperform the crypto market in 2025. Tether’s competitors are exerting increasingly more pressure to push the world’s largest stablecoin issuer out of the crypto market, including political pressure aimed at reducing the firm’s leading market share. In the wider crypto markets, analysts are…

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#Tether responds to US lawmakers’ calls for DOJ action

#Tether responds to US lawmakers’ calls for DOJ action

Tether has reacted to lawmakers’ requests for DOJ action over its stablecoin use, claiming it wants to be a “world class partner to the U.S.” <p>Tether, the company behind the stablecoin Tether (USDT), <a rel=”nofollow noopener” target=”_blank” href=”https://tether.to/en/tether-releases-letters-shared-with-the-us-senate-committee-on-banking-housing-and-urban-affairs-and-the-us-house-financial-services-committee/”>disclosed</a> letters directed to U.S. legislators, addressing requests for intervention by the Department of Justice in relation to…

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