Source: CryptoNewsNet Original Title: Why a record 13M crypto projects are now dead as Bitcoin critics still claim “anyone can launch a token” Original Link: Scarcity isn't about the code Bitcoin developer Jameson Lopp posted a simple observation days after CoinGecko published its 2025 dead
Bitcoin has dropped to $94,300 following a selloff, losing 1.3% in 24 hours. Ethereum also decreased to $3,200, with the broader market experiencing losses of 1.5%. Despite earlier gains, BTC may retest the low $90,000 range.
PNC Bank CEO Bill Demchak emphasized that stablecoins must choose between being payment tools or investment products, criticizing the push for interest offerings, which would face strict regulatory scrutiny. He argued that stablecoins should remain focused on efficient money movement, not as investment vehicles.
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SchrodingersPaper:
Haha, this old banker is really panicking. If stablecoins could generate interest, what's the point of playing with central bank digital currencies...