JPMorgan downplays stablecoin threat as local bankers warn of $6.6 trillion risk
The ABA sent a letter to the U.S. Senate, saying stablecoins that offer yields will affect its banking members ability to grant loans, but JPMorgan disagrees.
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New Lows Below $93K, but Local Bottom Could Be Near, Analysts Say
Bitcoin BTC$91,741.15 slumped to a fresh six-month low on Monday, extending its multi-week retreat as crypto sentiment continued to deteriorate. After a slight rebound from overnight lows, BTC — in what’s become a familiar pattern — resumed its decline in the U.S. session, falling to… Read More