On July 18, nine US Bitcoin ETFs increased their holdings by a total of 2,194 Bitcoins
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The Daily: JPMorgan says Tether may sell bitcoin under new US stablecoin rules, Paolo Ardoino calls analysts 'salty' and more
JPMorgan analysts estimate that only 66% to 83% of Tether’s reserves meet proposed U.S. stablecoin regulations, requiring potential restructuring.Tether CEO Paolo Ardoino dismissed the JPMorgan analysts’ concerns, saying their assessment discounts the company’s $20 billion group equity.Momentum for a Federal Reserve audit is building, driven by growing social media support for long-time central bank critic Ron Paul to spearhead the effort and even be considered for the role of Chair.
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