Do you have the right to redeem your stablecoin?

do-you-have-the-right-to-redeem-your-stablecoin?

Spoiler: No, stablecoin issuers do not guarantee the legal right for users to claim fiat currency back. Stablecoins are often discussed with regard to their “stability.” It is usually questioned whether a stablecoin is sufficiently backed with money or other assets. Undoubtedly, it is a very important aspect of stablecoin value. But, does it make … Read more

Buy the dip, or wait for max pain? Analysts debate whether Bitcoin price has bottomed

buy-the-dip,-or-wait-for-max-pain?-analysts-debate-whether-bitcoin-price-has-bottomed

BTC is flashing a few early bottoming signals, but analysts question whether “buying the dip” is a wise maneuver given the strength of the dollar and other factors. It has been a rough week for the cryptocurrency market, primarily because of the Terra ecosystem collapse and its knock-on effect on Bitcoin (BTC), Ethereum (ETH) and altcoin … Read more