The Consumer Price Index (CPI) report caused Bitcoin to break through the $70,000 mark as inflation indicators in the US signaled a significant increase. Before the recent increase, some investors had anticipated Bitcoin’s price reaching $70,000, even after a brief dip to $67,000. The primary reason for this rise is the high inflation rates, making … Read more
During the Paris Blockchain Week from April 9-11, Brad Garlinghouse, CEO of Ripple, spoke alongside David Schwartz, CEO of Xrpl Commons. They discussed various relevant topics concerning Ripple and the wider XRP community. Notable subjects included the potential for a US spot Exchange Traded Fund (ETF), Ripple’s planned release of a USD stablecoin in 2023, … Read more
Today, Dogecoin (DOGE) is experiencing a significant price increase. The cost of one DOGE coin is now up by around 10%, reaching $0.1986. Over the past day, there has been a rise of approximately 3.7%, while over the last week, the price has surged by over 10%. The popular meme coin is making strong gains. … Read more
On April 10th, there were withdrawals totaling $17.5 million from Grayscale’s GBTC, marking an all-time low for this particular ETF, according to Teddy Fusaro, president at Bitwise Asset Management. The cryptocurrency market has been plagued by disastrous Grayscale outflows. About a month ago, ETF expert Eric Balchunas expressed his doubt that the recent outflows were … Read more
Over the last 24 hours, Ethereum, the leading altcoin in the crypto market, has gone through significant price fluctuations. Following a steep decline the previous day that eliminated approximately $30 million in investments within an hour, Ethereum‘s cost dropped by as much as 3.1%, touching $3,411 at one point. After experiencing a rebound, Ethereum’s price … Read more
To handle the intricate challenges of regulating stablecoins, the Bank for International Settlements (BIS) is calling for immediate international supervision. A recent study by the Bank for International Settlements emphasizes the importance of creating a single regulatory system to tackle the issue of multiple regulations that prevent widespread use of stablecoins. A BIS survey in … Read more
Based on information from the Shibburn group in the last 24 hours, an enormous quantity of SHIB meme tokens has been moved to “inferno” wallets, permanently removing them from circulation and preventing any future use or retrieval. During this time, the SHIB price has bounced back following its decline the previous day. Notably, the enigmatic … Read more
To help manage the intricate regulations surrounding stablecoins, the Bank for International Settlements (BIS) is calling for immediate international supervision. According to the newest BIS report, there’s an urgent requirement for a single set of rules to tackle the problem of multiple regulators that is preventing wider usage of stablecoins. A BIS survey in 11 … Read more
Robert Kiyosaki, the writer behind “Rich Dad, Poor Dad,” has expressed his agreement with Cathie Wood’s optimistic price forecast for unspecified assets, which she shared on the X social media platform. Ark predicted that the largest cryptocurrency could soar up to $2.3 million based on their findings in the yearly “Big Ideas” report. With an … Read more
The FBI is investigating a Bitcoin Core developer conference and has requested information from attendees through a subpoena. According to an email from Mike Schmidt of Brink, a philanthropy supporting open-source developers, the investigation relates to the theft of around $3.6 million worth of Bitcoins belonging to Luke Dashjr. The email sent by Schmidt reads: … Read more