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December 7, 2024
In its 2024 annual report, the FSOC said that stablecoins are “acutely vulnerable to runs absent appropriate risk management standards.” Stablecoins’ lack of solid risk management standards exposes them to ongoing risks that could also put financial stability in danger, according to the United States Financial Services Oversight Council (FSOC). “Stablecoins continue to represent a...
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Ethereum price finally took out the $4,000 resistance level, and one analyst says ETH could hit $15,000 by May 2025. Ethereum’s native token, Ether (ETH), has maintained a slow and steady rise over the past three weeks, rising 28% since Nov. 18. Despite a flash spike down to $3,615 on Dec. 5, the altcoin has...
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