TheSpuzz

Source: Coin Tegraph Stablecoins are now primarily used to store value in countries with rapidly depreciating fiat currencies or prohibitive capital controls.  Read Full Article

Source: Bitcoinist A cryptocurrency exchange accused the US government of undermining the cryptocurrency sector orchestrating a campaign against digital currencies. Coinbase revealed that the US Federal Deposit Insurance Corporation (FDIC) has been employing tactics to dissuade financial institutions from engaging in crypto-related activities. FDIC: Stay Away From Crypto Coinbase claimed that FDIC had sent letters…

Source: Bitcoinist Bitcoin has entered a consolidation phase after falling short of breaking its all-time high this week, leaving bulls in anticipation of the next big move. Currently trading just below its previous peak, BTC’s inability to push past this level has led to a temporary reset in momentum.  Key data from CryptoQuant shows a…

Source: Coin Tegraph Restaking protocols like EigenLayer allow investors to stake the same digital asset multiple times and reap the additional yields. Read Full Article

Source: Bitcoinist Blockchain infrastructure company Paxos, in conjunction with Singaporean bank DBS, has introduced a new stablecoin known as Global Dollar (USDG). This development comes four months after Paxos secured approval to offer digital payment token services as a Major Payments Institution (MPI). Paxos USDG Compliant With Upcoming Singaporean Regime In a press release on…