ChainCatcher reports that Japan’s top foreign exchange official, Atsushi Mimura, stated that the surge in dollar-pegged stablecoins is very likely to strengthen the US dollar’s position as a key currency.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts
Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.
区块客29m ago
Grayscale Sees Crypto Valuations Recovering as Global Pressures Begin to Ease
Crypto markets show resilience as easing geopolitical tensions and falling oil prices reduce macro pressure, setting the stage for a potential recovery in digital assets amid shifting investor sentiment and improving regulatory signals.
Crypto Stability Emerges as Oil Drops and Risks
Coinpedia31m ago
CME "Federal Reserve Watch": 94.8% chance of maintaining interest rates unchanged in April
Gate News reported that on March 26, CME (Chicago Mercantile Exchange) "Fed Watch" tool data showed: the probability of the Federal Reserve raising rates by 25bp in April is 5.2%, with a 94.8% probability of maintaining rates unchanged. The probability of the Federal Reserve cumulatively raising rates by 25bp through June is 11.7%, with a 0.4% probability of cumulatively raising rates by 50bp, and an 87.9% probability of maintaining rates unchanged.
GateNews1h ago
BTC rises 0.90% in 15 minutes: Large account holders drive short-term rebound
Between 2026-03-25 16:15 to 16:30 (UTC), BTC recorded a +0.90% return within the 15-minute K-line, with a price range of 70829.6 to 71746.1 USDT, reaching an amplitude of 1.29%. The short-term volatility during this period attracted market attention, with active trading driving a slight expansion in transaction fluctuations. Overall market sentiment is neutral to slightly bullish, with attention increasing marginally, but no signs of significant emotional spread were observed.
The primary driver of this volatility was large account concentrated operations against the backdrop of exchange liquidity at low levels, producing a significant impact. Whale holders positioned during this window
GateNews8h ago
K33: Bitcoin Consolidation Range Selling Pressure Weakens, Market May Be Transitioning from Distribution Phase to Bottom-Building Phase
K33 research report states that Bitcoin has recently oscillated within the $60,000 to $75,000 range, with weakening selling pressure in the market, displaying characteristics of establishing a bottom. Long-term holders tend to accumulate coins, which helps stabilize prices, but macroeconomic uncertainty remains, which may impact risk appetite and capital inflows.
GateNews11h ago
ECB targets summer for digital euro standards: Cipollone
European Central Bank Executive Board member Piero Cipollone said on Tuesday that the ECB expects by this summer to announce the European standards it will use for a potential digital euro, a step aimed at helping payment providers and merchants prepare their systems ahead of any issuance
Cointelegraph12h ago