Dollar-backed stablecoins can push local currencies lower, Bank of Korea study finds
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
Most voters in the U.S. aren’t comfortable with President Donald Trump’s hand on the wheel of crypto industry oversight, with 62% saying they don’t trust his administration on that point, according to a survey commissioned by CoinDesk. After the previous administration’s heavy hand on crypto,… Read More
Bitcoin BTC$67,267.65 tends to outperform traditional safe haven assets like gold in the two months following major global crises, according to new analysis from Brazilian crypto exchange Mercado Bitcoin. The study, led by Rony Szuster, head of research at the Latin American crypto platform, examined… Read More
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum. News Background The decline unfolded against a backdrop of mixed institutional signals and heightened macro uncertainty. Crypto markets remain trapped in a medium-term downtrend,… Read More
Ethereum ETH$3,960.90 emerged as the frontrunner in crypto’s third-quarter recovery, leaving bitcoin BTC$108,877.08 behind as capital flowed into altcoins, DeFi protocols, and a new wave of tokenized assets, a report by CoinCecko found. The broader market added over half a trillion dollars in value, its… Read More
Dogecoin stabilized Friday after early volatility saw price drop to $0.176 before recovering into a tight $0.18–$0.19 range. The session’s 7% swing came amid renewed macro jitters and reports of large whale liquidations totaling over $74 million. What to Know • DOGE traded between $0.176… Read More