BitMEX founder Arthur Hayes claims Tether’s $22.8 billion Bitcoin and gold diversification could trigger USDT collapse during Fed rate cuts, while CEO Paolo Ardoino counters with detailed disclosures showing $30 billion in group equity and $215 billion in total assets against $184.5 billion in stablecoin liabilities.
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Category: Cryptocurrencies
Bitcoin Price Prediction: $6.6 Trillion Fed Flip Expected in December – How High Can BTC Go?
Bitcoin braces for a major December Fed shift as a $6.6tn market rotation looms. Traders eye policy changes and bearish charts pointing toward $81K before any rebound.
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China Doubles Down on Crypto Ban After Detecting New Trading Activity
China’s central bank convenes 13 agencies to crack down on resurgent crypto trading and stablecoin activity, triggering selloffs in Hong Kong-listed firms and reinforcing Beijing’s zero-tolerance stance on digital assets.
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Asia Market Open: Bitcoin Pulls Back Under $86K, Stocks Find Support In Fed Expectations
Bitcoin fell below $86,000 in Asia after a wave of selling and liquidations, even as regional stocks stayed supported by rising Fed rate-cut hopes.
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Yearn Finance’s yETH Suffers Major Hack, Attackers Send $3M ETH to Tornado Cash
A major exploit generated a near-infinite number of yearn Finance’s yETH, draining millions from Balancer pools.
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Housing Crisis Pushes Young Americans Into Crypto Gambles: Study
Young Americans are turning to crypto out of financial desperation as housing becomes increasingly unaffordable.
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SEC’s Hester Peirce Defends Crypto Self-Custody and Financial Privacy
Hester Peirce says crypto self-custody is a basic freedom and people should not be forced to rely on intermediaries to hold their assets.
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Ether Could Jump 7% as Low Stablecoin Yields Signal More Upside: Santiment
Santiment says low stablecoin yields show the crypto market is not overheated and Ether could test the $3,200 level.
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National Bank of Kazakhstan Plans Up to $300M Crypto Investment
Kazakhstan’s central bank announces plans to invest between $50 million and $300 million in crypto assets from foreign exchange reserves, adopting a cautious approach following Bitcoin’s sharp decline from $110,000 to $81,000 since early November.
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Nasdaq Pledges Swift Push for SEC Approval of Tokenized Stocks
Nasdaq’s digital assets chief confirms the exchange has made tokenized-stock approval a top priority, proposing blockchain-based trading of digital share representations while preserving existing investor rights and regulatory oversight.
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