Tuesday, June 25, 2024

Mt. Gox Effect? Bitcoin Dominance Drops Most in 5 Months

BTC's dominance tanked Monday as news of Mt. Gox repayments bolstered concerns of supply overhang entering the market.

source https://www.coindesk.com/markets/2024/06/25/mt-gox-effect-bitcoin-dominance-drops-most-in-5-months/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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U.S. Fed's Miran Says Policy Needs to Adjust to Stablecoin Boom That Could Reach $3T

The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary po...