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Solana’s price action shows a near 6% daily dip, but a sharp fall in Coin Days Destroyed and lower exchange balances hint at a rebound soon.
VanEck's analysis points to Bitcoin reaching $180,000 by 2025, backed by institutional investments and positive market trends despite some challenges.
The US Treasury requests community feedback on stablecoin regulation under the GENIUS Act, aiming for balanced enforcement tools while delaying policy implementation for issuers.
In Brief South Korea's FSC plans to introduce stablecoin regulations in October. The draft aims to clarify stablecoin issuance, collateral, and risk management frameworks. Neighboring Japan is also moving towards launching a yen-pegged stablecoin.
- 16:49Hammack: The discount window can provide liquidity as neededChainCatcher news, according to Golden Ten Data, Federal Reserve's Harker stated that the discount window is not an unconventional financing tool, but it can provide liquidity as needed.
- 16:49Hammack: The market has shifted to a broader policy rate targetAccording to ChainCatcher, citing Golden Ten Data, Federal Reserve's Harker stated that he agrees with Federal Reserve's Logan's view that the market has shifted away from the federal funds rate, and now it is time to look more broadly for a policy rate target.
- 16:49Bostic: The biggest issue with stablecoins lies in the choice of dominant use casesAccording to Golden Ten Data, ChainCatcher reported that Federal Reserve's Bostic stated that the biggest issue with stablecoins is which use cases will dominate, and cross-border payments are likely to be one of them.