Coin Center, an organization that supports cryptocurrencies, is speaking out against a proposed bill aimed at regulating how stablecoins are used and function. In a recent announcement, the US-based group strongly criticized the Lummis-Gillibrand Payment Stablecoin Act. They labeled it as “unconstitutional” and detrimental to innovation. Related Reading: ‘Ethereum Wins Big’ With New US Stablecoin … Read more
Recently, the cryptocurrency market has seen significant price fluctuations, as demonstrated by the behavior of major coins such as Bitcoin, Ethereum, Solana, and others. Nevertheless, investors have celebrated the Bitcoin Halving that took place last week, which is reflected in the subsequent rise in crypto prices. With Bitcoin’s halving creating excitement in the cryptocurrency market, … Read more
Wealth management firms are anticipated to boost their holdings in Bitcoin ETFs, as per Bitwise CEO Hunter Horsley’s forecast. This expectation arises as Bitcoin ETFs prepare for greater popularity following the halving event. Moreover, this prediction aligns with a widespread market conviction of increasing demand for ETFs, given the impressive performance of industry giants like … Read more
After experiencing significant growth in the first part of the month, Shiba Inu has recently entered a period of stabilization. In the past week alone, SHIB has dropped by 13%. However, over the last 30 days, the meme coin has still managed to increase by an impressive 210%. Crypto expert Javon Marks believes that Shiba … Read more
Steve Laipply, BlackRock’s Global Co-Head of Bond ETFs, recommended in an interview with Yahoo Finance that investors consider shifting funds from cash to fixed income sources due to wider markets. His comments might also suggest exploring fixed income crypto assets as an alternative option. Holders can earn a fixed interest rate on their cryptocurrency holdings … Read more
Vitalik Buterin, a co-founder of Ethereum, has publicly requested help in advocating for enhanced online privacy. Vitalik Buterin Assumes Privacy Advocacy Role A crypto innovator responded to a post on X by Rest of World, a not-for-profit publishing platform, in a recent interaction. Governments around the world have been utilizing facial recognition technology to quell … Read more
Bitcoin has been trying to change direction from a decline to an uptrend. But after putting in great effort, the cryptocurrency has continued to drop in value for several days, failing to exceed its past record high of $73,833. Will Bitcoin Continue Upward After This Rejection? Currently, Bitcoin’s price hovers around $63,846 during my writing, … Read more
The Fed’s potential postponement of interest rate cuts has created apprehension in financial markets. As reported by Bloomberg, Jerome Powell, Federal Reserve Chair, suggested that unexpected high inflation figures may cause US central bankers to hold off on reducing borrowing costs. Consequently, this diminishes the likelihood of easier monetary policies from global policymakers. At the … Read more
A established financial company in Hong Kong, named Victory Securities, has recently released a comprehensive explanation of the fees associated with its new Hong Kong Bitcoin and Ethereum spot Exchange-Traded Funds (ETFs). This announcement follows the green light from the Hong Kong Securities and Futures Commission (SFC) for the trading of these cryptocurrency ETFs. Fee … Read more
The passing of a new bill in the US House of Representatives may lead to a ban on popular social media app TikTok. TikTok Outlaw Bill Heads To The Senate On Saturdays, the US House of Reps approved a bill potentially banishing TikTok countrywide by 2025. If enacted, the app might vanish from national App … Read more