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Stablecoin market share is shrinking while most cryptocurrencies surge

This discrepancy could have several explanations. Hoping for higher returns, investors may be rotating out stablecoins and into appreciating market leaders Bitcoin and Ether, according to Jacob Joseph, a research analyst at CCData. Stablecoins dont pay interest and usually seek to maintain a one-to-one ratio with other assets such as the dollar, hence their name.

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Stablecoin Market Share is Shrinking While Most Cryptocurrencies Surge

(Bloomberg) One of the more head-scratching phenomenas playing out in the digital-asset world is the shrinking of the stablecoin market while most cryptocurrencies are posting outsized gains this year. Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesWhy South Africa Is on the Brink of ChaosIf Trump Wins a Second Term, He’l

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Shrinking Stablecoin Market Is Sending Mixed Signals on Crypto

Shrinking Stablecoin Market Is Sending Mixed Signals on Crypto
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One Hot July Week Could Transform The Future Of U S Crypto Regulation

Over the course of one hot July week we saw all three branches engage in significant ways that could have a lasting impact on the future of crypto regulation.

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New Legislation Submitted To Senate Banking Designed To Regulate Digital Assets, DeFi: Crypto Council For Innovation Slams Bill As Arbitrary And Ill-defined

New Legislation Submitted To Senate Banking Designed To Regulate Digital Assets, DeFi: Crypto Council For Innovation Slams Bill As Arbitrary And Ill-defined
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