Paul Grewal, Coinbase’s chief legal officer, recently called on Congress in a social media post to enact laws regarding stablecoins if the United States intends to effectively address a tiny fraction of financial crimes facilitated using cryptocurrencies. In reaction to Wally Adeyemo’s published testimony as the US Deputy Secretary of the Treasury, emphasizing the prevention … Read more
Solana developers are gearing up for a crucial update scheduled for April 15 aimed at resolving the pressing issue of network congestion. This move comes in the wake of transaction failures skyrocketing due to an “implementation bug” as elucidated by Mert Mumtaz, CEO of Helius Labs. Helius Labs is at the forefront of providing backend … Read more
An intriguing prediction suggests that Shiba Inu‘s price may experience an uptick around April 17 based on chart analysis. At this juncture, the 50-day Exponential Moving Average (EMA) could potentially intersect with SHIB‘s current market value. This convergence might serve as a favorable sign for SHIB investors, offering a supportive level for price growth. Moving … Read more
Meme coins are set to join the Fantom (FTM) network, sparking enthusiasm among the community. In a Medium post, Fantom’s lead developer Andre Cronje discussed the potential risks and benefits of meme coin culture on Fantom, as well as strategies for maximizing opportunities. Andre Cronje proposal Andrei Cronje began his pitch by acknowledging potential hazards. … Read more
Famous market experts Peter Brandt and Benjamin Cowen have caused a stir in the cryptocurrency world with their latest views on Bitcoin‘s position as the leading digital currency. Brandt’s chart and the query, “Is there no altcoin revival in sight?”, reflect his viewpoint on the possible increase in Bitcoin‘s supremacy. Presently at 54.27%, Brandt hypothesizes … Read more
At a recent Space discussion on the X social media site, previously known as Twitter, Elon Musk, the proprietor of X and CEO of Tesla, expressed confidence that artificial intelligence will outmatch human intelligence in the near future. He additionally addressed the topic of competition between Grok AI, Chatbot created by Musk’s xAI, and ChatGPT, … Read more
Metaplanet Inc., a Tokyo Stock Exchange-listed business with diverse operations, announced its decision to include Bitcoin as a significant part of its treasury reserves. The company initially invested JPY 1 billion (approximately $6.56 million) in this digital currency. By doing so, Metaplanet aims to follow MicroStrategy’s lead and potentially become the first Asian corporation with … Read more
The US Treasury Department is pushing for wider authority to regulate foreign companies offering cryptocurrency services in response to heightened security concerns. According to Deputy Secretary Adeyemo, it’s crucial that we address the growing issue of criminals using digital currencies to bypass traditional financial rules. Adeyemo underscores the importance of stronger regulations against cryptocurrencies due … Read more
According to the Securities Times, two major Chinese financial firms, Harvest Fund and Southern Fund, have submitted proposals to start a Bitcoin exchange-traded fund (ETF) that can be bought and sold on the spot market. Harvest Fund And Southern Fund Spearhead Bitcoin ETF Push In China Although China has historically been wary of Bitcoin and … Read more
Ethereum, the world’s second-largest cryptocurrency, experienced significant growth over the past week, surpassing $3,700 with a rise of over 10%. Currently, Ethereum is valued at $3,704, representing an 8% increase from its previous price. With a market capitalization of $444 billion, Ethereum has already climbed 61% in value since the start of the year. ETH … Read more