Tag: stablecoin
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Mike McGlone Predicts Bitcoin’s Potential Fall to $10,000 by 2026 Amidst Stablecoin Dominance and Macroeconomic Shifts
Bloomberg Intelligence senior commodity strategist Mike McGlone has put forth a provocative thesis regarding the future trajectory of the cryptocurrency market, suggesting a significant downturn for Bitcoin (BTC) that could see it revisiting levels as low as $10,000 by 2026. This forecast is anchored in a confluence of evolving market dynamics, most notably the ascendant…
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Anchorpoint and HSBC Secure First HKMA Stablecoin Issuer Licenses as Hong Kong Solidifies Digital Asset Framework
The Hong Kong Monetary Authority (HKMA) has officially ushered in a new era of regulated digital finance by granting the first stablecoin issuer licenses under the city’s comprehensive new regulatory framework. Anchorpoint, a strategic fintech venture formed through a collaboration between Standard Chartered Hong Kong, Animoca Brands, and SCBHK HKT, alongside global banking giant HSBC…
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