Bitcoin, Ether Falling as Paxos To Stop Minting Stablecoin BUSD

📆 2/13/2023 9:08 PM
📰 CoinDesk

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'A lot of what we've seen in this market, which is a bear market rally, has been predicated on this idea that there's going to be a Fed pause,' tastycrypto_'s RyanFredGrace says. He shares markets analysis ahead of the release of January's CPI report:

Bitcoin slipped below $22,000 as stablecoin issuer Paxos announced the company would stop minting new Binance USD tokens following the threat of legal action from the U.S. Securities and Exchange Commission .

Write Comment

tastycrypto_ RyanFredGrace No it’s because of increased liquidity in the system. Fed hasn’t signaled what he’s saying either and the market hasn’t varied much from what Jay has said

tastycrypto_ RyanFredGrace $TAO is the next $BTC, don't miss it and don't say no one told you guys. Most likely listing on mexc soon

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