US Treasury Secretary Scott Bessent told lawmakers that dollar-pegged stablecoins could swell to more than $2 trillion in the next few years. He spoke at a Senate hearing this week. His outlook came as Congress moved to set new rules on how these tokens must be backed. Growth Forecast Details According to Bloomberg, Bessent said…
Tag: US Dollar
Bitcoin Whales Accumulate—Will This Push BTC Toward $100K?
Changing macroeconomic conditions and big investment activity are driving Bitcoin near the crucial $97,000 resistance point. Currently selling at about $96,209, the most valuable cryptocurrency is causing both expectation and concern as market players await a breakthrough. Whale Accumulation Signals Strong Confidence Whales aren’t sitting on the sidelines. From Binance, at an average price of…