Crypto News
Can Tether’s Dominance Survive the U.S. Stablecoin Bill?
Tether's USDT is the world's leading stablecoin. Its digital emulation of the U.S. dollar — 155 billion of them at last count — is unmatched. But as things stand, Tether almost certainly doesn't fulfill the compliance demands of U.S. lawmakers as they're expected to push legislation nearer to law on Tuesday afternoon.Tether may end up with a choice to make: Jump through some serious hoops to reach compliance with the future law, or stand back and try to hold onto non-U.S. market share as the U.S. industry potentially increases in scale and the federal government takes its customary role in steering the regulatory demands of other jurisdictions around the world, according to the predictions of experts.The Guiding and Establishing National...
Bitcoin, Altcoins Plunge as Trump’s Threat to Assassinate Iran Leader Escalates Middle East Tensions
Bitcoin, Ethereum, and other coins are down after President Trump threatens to have Iran's leader assassinated.Source link
Canada Approves First XRP Spot ETF on Toronto Stock Exchange
Purpose Investments will launch Canada’s first spot XRP exchange-traded fund (ETF) on the Toronto Stock Exchange on June 18, offering investors regulated exposure to XRP in both CAD and USD. XRP ETF by Purpose Receives Green Light, Trading Set to Begin June 18 Purpose Investments Inc. has secured final approval from Canadian regulators to launchSource link
Why Blockchain Valuation Models Are Still Up for Debate
Valuing blockchain networks today feels like déjà vu for anyone who lived through the early internet era. In the 1990s, analysts, investors, and founders struggled to apply familiar financial models to a radically unfamiliar technology. Companies with little more than a website and a pitch deck were valued in the hundreds of millions, sometimes billions, based on something as intangible as “eyeballs.”It didn’t end well. And yet, in hindsight, those chaotic early years offered valuable lessons: technology evolves faster than finance, and valuation models must eventually adapt to the shape of innovation.Today, we’re facing a similar dilemma in the blockchain space. Despite growing adoption, maturing infrastructure, and undeniable cultural and economic momentum, there’s still no widely accepted or standardized way...
JP Morgan Exec Wary of ‘Overcrowding’ Stablecoin Market as Bank Registers JPMD Trademark
JP Morgan warns of an "overcrowding" stablecoin market while major banks await regulatory clarity. The GENIUS Act faces a crucial Senate vote today.Source link