Stablecoin

Bitcoin

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<ul class="news-points"> 
 <li>Stablecoin yields continue to attract crypto enthusiasts despite past market turbulence.</li> 
 <li>Bitcoin’s 20% drop prompts scrutiny, with various factors at play, including ETFs and macroeconomic trends.</li> 
 <li>FTX’s impact on Bitcoin ETFs, fear of missing out, fading, and halving events are key factors shaping crypto’s future.</li> 
</ul> 
Crypto enthusiasts have been drawn to the <a href="https://coinedition.com/stablecoin-supply-hits-134-3b-yearly-high-is-this-the-bullish-signal/">allure of 20% stablecoin yields</a>, a tempting <a href="https://www.bloomberg.com/news/articles/2024-01-25/crypto-fans-lured-by-20-stablecoin-yields-even-after-2022-bust" target="_blank" rel="nofollow">proposition</a> even after the crypto market’s tumultuous 2022 experience. This renewed interest revolves around a seemingly straightforward idea, <a href="https://coinedition.com/what-is-a-stablecoin/" target="_blank" rel="noreferrer noopener">creating a stablecoin</a> that maintains a one-to-one peg with the US dollar while offering yields competitive with traditional markets. 
While traditional market terminology might appear out of place in the crypto world, the 20% drop in Bitcoin from its recent high demand scrutiny, given the hype surrounding the launch of exchange-traded funds (ETFs) focused on the original <a href="https://coinedition.com/what-is-cryptocurrency-a-complete-beginners-guide/" target="_blank" rel="noreferrer noopener">cryptocurrency</a>. 
Various factors are being attributed to this significant drop in Bitcoin’s value. The familiar adage, buy the rumor, sell the news, is circulating about ETFs, along with the usu…
The post <a href="https://coinedition.com/crypto-enthusiasts-seek-stability-with-20-yielding-stablecoins/">Crypto Enthusiasts Attracted to 20% Stablecoin Yields Post-2022 Turbulence</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Crypto Enthusiasts Attracted to 20% Stablecoin Yields Post-2022 Turbulence

Coin Edition

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