StableChain, which is a new layer-one blockchain network built around Tether’s USDT stablecoin by a company known as Stable, went live with its mainnet today, alongside the launch of its native STABLE token. This network runs transactions entirely in USDT, which is by far the largest stablecoin in the world, while the STABLE token is …
Continue reading ‘StableChain’ Launch Shows How Far Crypto Has Strayed From Bitcoin’s Original Promise
Tag:Bitcoins
Bitcoin’s quiet stress meets Fed’s balance sheet transition
Bitcoin’s price action continues to drift into the Federal Reserve’s final policy decision of the year with little outward volatility, yet the underlying market structure reflects a very different reality. What appears to be a stable range is concealing a period of concentrated stress, as on-chain data shows that investors are realizing close to $500 …
Continue reading Bitcoin’s quiet stress meets Fed’s balance sheet transition
Bitcoin’s (BTC) Deep Correction Sets Stage for December Rebound, Says K33 Research
Bitcoin’s BTC$89,274.20 recent slide may feel ominous, but K33 Research analyst Vetle Lunde says December could mark a turning point for the cryptocurrency. After its steepest correction since the last bear market, the firm sees more evidence for a rebound than another collapse. BTC has been weighed down by a wave of selling, much of …
Continue reading Bitcoin’s (BTC) Deep Correction Sets Stage for December Rebound, Says K33 Research