1167: BITCOIN INDICATORS SCREAM STRENGTH AS IRAN AND RUSSIA CONSIDER GOLD-BACKED CRYPTO STABLECOIN!!

1167: BITCOIN INDICATORS SCREAM STRENGTH AS IRAN AND RUSSIA CONSIDER GOLD-BACKED CRYPTO STABLECOIN!!

Source Node: 2617695

Popular quant analyst PlanB says the recent Bitcoin rally isn’t the bull trap many investors are weary of and is in fact the start of a new BTC bull cycle.

Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint the gold-backed currency, however, authorities would need to first regulate crypto assets, a lawmaker noted.

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