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Tether and Luna’s Plunge Could Lead to Global Crypto Regulators

On Thursday, the chair of an international financial watchdog said that he expects there will be a global cryptocurrency regulatory body within the next year. In light of recent panicked freefall of multiple “stable” coins, we probably need one. “I would not expect that to be the same time next year. I think that [lack […]

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Business

Tether Sinks Below $1 in Nightmare Scenario for Bitcoin

A bitcoin sign is seen on a Coinstar ATM during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 8, 2022 in Miami, Florida. photo: beautiful frame (Getty Images) The cryptocurrency market continued to hemorrhage money Thursday, with the most popular coins down double-digit percentages over the past 24 hours. And absolutely no […]