US dollar to face growing competition for stablecoin dominance: Tether co-founder

While United States dollar-denominated stablecoins dominate the stablecoin and real-world asset (RWA) tokenization game, other competitors are coming into play, according to Tether co-founder Reeve Collins. Speaking to Cointelegraph in Dubai,…

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Bitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week

Key takeaways: A week full of US macroeconomic reports could impact Bitcoin traders’ sentiment. Bitcoin’s rally could stall if there’s a sharp reduction in spot buy volumes.If PCE, the ISM PMI, and…

Continue ReadingBitcoin price consolidation likely as US Core PCE, manufacturing, and jobs reports print this week

Bitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals

Key Takeaways:Bitcoin’s year-over-year return and realized price metric signal strong long-term support from holders and suggest that BTC is currently undervalued. Standard Chartered estimates a Bitcoin price target in the…

Continue ReadingBitcoin price pullback to $91K possible, but onchain data highlights ‘healthy’ market fundamentals