After briefly crossing $65,000 following positive U.S. producer price index data, bitcoin fell back to around $64,200, dragging its market cap back under $1.3 trillion. Volatile Intraday Trading On Thursday, bitcoin failed to maintain an uptrend that had seen it log significant gains in the prior 48 hours. Market data shows the cryptocurrency gradually retreated […] from Bitcoin News https://ift.tt/owQu6y1
The U.K. and U.S. governments have issued a shared view on stablecoins through their Transatlantic Taskforce for Markets of the Future. The statement signals a push toward aligned rules for reserves, redemption, market access and cross-border use. Transatlantic Taskforce Backs U.K.-U.S. Stablecoin Rules for Payments and Markets The United Kingdom and the United States are […] from Bitcoin News https://ift.tt/PdFwyEL