CRYPTO

Authored by Omid Malekan via Medium,.

Stablecoins aren’t usually funny, but this tale might make you laugh out loud…

Bloomberg columnist Matt Levine recently noted that he feels like Tether will someday be an incredibly interesting story, but he’s not sure what it is.

Here’s one plotline: Tether is the most successful product and company in crypto.

Outside observers keep waiting for someone to shut it down but it keeps winning. Despite a general hostility (more…)

Authored by Mark Goodwin via Bitcoin Magazine,

The U.S. Federal Reserve is taking legal action against Bitcoin Magazine in an attempt to silence criticism of its recently launched FedNow interbank clearing and settlement service…

In a letter sent to the publication by the Federal Reserve Bank of Chicago, the central bank of the United States is claiming that Bitcoin Magazine merchandise that parodies its services are not protected speech, but rather an unauthorized (more…)

Authored by Jake Simmons via Bitcoinist.com,

In a recent statement via X (formerly known as Twitter), Jurrien Timmer, the Director of Global Macro at Fidelity, expounded on Bitcoin’s latest market movements and reiterated his view of the digital asset as “exponential gold.”

What This Means For Bitcoin

In his analysis, Timmer compared BTC to gold, noting gold’s limitations in modern economics.

He explained that gold is money, but is “too deflationary and (more…)