NYDIG

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Bitcoin as a ‘Liquidity Barometer,’ Not an Inflation Hedge, NYDIG Says

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Bitcoin is viewed by NYDIG as a ‘liquidity barometer’ rather than an effective hedge against inflation. The firm emphasizes this perspective in its latest analysis. NYDIG suggests that Bitcoin’s value is more closely tied to liquidity conditions in the market than to inflationary pressures. This interpretation challenges the common belief that Bitcoin serves primarily as […]

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Stablecoins’ Peg Misconception Highlighted by NYDIG After Market D

Stablecoins’ $1 Peg Misconception Highlighted by NYDIG After Market D

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stablecoins’ $1 peg NYDIG has stated that the belief in stablecoins maintaining a $1 peg is a misconception, particularly following a significant market decline that saw losses of $500 billion. The firm emphasized that the stability of stablecoins is often misunderstood, especially in the context of recent volatility in the cryptocurrency market. NYDIG’s comments come

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NYDIG Calls for Improved Attestation Reports for Trump-Linked Stablecoin

NYDIG Calls for Improved Attestation Reports for Trump-Linked Stablecoin

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NYDIG has raised concerns regarding the attestation reports associated with World Liberty Financial’s stablecoin, which is linked to former President Trump. The financial institution emphasizes the need for enhanced transparency and reliability in these reports. Attestation reports play a crucial role in ensuring that stablecoins maintain their promised value and adhere to regulatory standards. Without

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NYDIG Calls for Improved Attestation Reports for Trump-Linked Stablecoin

NYDIG Calls for Improved Attestation Reports for Trump-Linked Stablecoin

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NYDIG has raised concerns regarding the attestation reports associated with World Liberty Financial’s stablecoin, which is linked to former President Trump. The organization emphasizes that these reports need to be enhanced to ensure greater transparency and reliability. Attestation reports play a crucial role in validating the assets backing stablecoins, and without adequate scrutiny, there could

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