Stablecoin Exchange Inflows See Major Drop: Bad For Bitcoin?

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Bitcoin, btc, btcusd, Ethereum stablecoins, Stablecoin, Stablecoin Exchange Inflows, Stablecoin Inflows, Stablecoins, Stables

On-chain data shows that stablecoin exchange inflows have seen a sharp drop recently. This could be bearish for the Bitcoin price. Ethereum-Based Stablecoins Have Seen Low Exchange Deposits Recently As CryptoQuant author Axel Adler Jr. pointed out in a post on X, the exchange inflows of Ethereum-based stablecoins have recently dropped below the 90-day average. […]

Expert Analysis: Pro-XRP Lawyer Challenges Stablecoin Securities In Terraform Labs Case | Bitcoinist.com

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bitcoin stablecoins, BUSD stablecoin, Ethereum stablecoins, Pro-XRP, Pro-XRP lawyer, pro-XRP lawyers, ripple, Ripple (XRP), Ripple Army, Ripple attorney, Ripple blockchain, Ripple case, Ripple CLO, ripple news, Ripple vs SEC, Ripple vs SEC news, Stablecoin, stablecoin issuer, Terraform, Terraform CEO, Terraform Labs, Terraform Labs vs SEC

In a recent ruling by US District Judge Jed Rakoff, the US Securities and Exchange Commission (SEC) emerged victorious in the Terraform Labs case, causing concern and unease within the cryptocurrency community over the classification of stablecoins.This has led legal experts to question the ruling and its implications. The case centered around Do Kwon, a […]