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Ripple Working With 10 Governments Globally, CEO Reveals in Rediscovered Interview
19.6.2024
In a resurfaced video clip, Ripple CEO Brad Garlinghouse stated that his crypto firm is collaborating with around 10 governments globally on central bank digital currencies (CBDCs). “A central bank digital currency is a stablecoin. It’s just issued by the government,”...
Brazil’s tax dept to summon info from foreign crypto exchanges: Report
19.6.2024
The Federal Revenue of Brazil is publishing an ordinance this week to look for any potential “illegality” and info on what Brazilians may be owing in tax
Balaji Srinivasan Explains Why Crypto Will Dominate Post-AI Money Systems
19.6.2024
Balaji Srinivasan argues that in the era of AI, money will become cryptocurrency, providing digital scarcity to complement AI’s digital abundance. “AI is digital abundance but it doesn’t make everything abundant. Crypto is digital scarcity and complements AI’s abundance. So money after...
Ripple CEO: Pro-Crypto Stance Will Win Votes in Upcoming Elections
19.6.2024
Ripple CEO Brad Garlinghouse expressed his view on the political landscape in the U.S. regarding cryptocurrency regulation on social media platform X on Monday. “You’ll hear this a lot more in the next few months in the U.S. — candidates will only gain votes for being pro-crypto,...
Retail crypto market growth in Canada driven by market factors, regulation
18.6.2024
Crypto platform WonderFi has swallowed up several of its competitors in Canada and expects to reap the benefits
Multiple US States Have Revoked Binance US Crypto Licenses
18.6.2024
Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...
Coinmetrics Report Explores the Risks of High FDVs in Crypto Markets
18.6.2024
A new report by Coinmetrics, along with researchers Victor Ramirez, Matías Andrade, and Tanay Ved, delves into the complexities of crypto tokenomics. The report explores the intricate balance of token distribution, valuation, and market impact. Understanding FDV and Token Float: Key Insights...
Blackrock’s Cohen Discusses Financial Advisors’ Cautious Approach to Spot Bitcoin ETFs
18.6.2024
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk...
Traders unbothered by Bitcoin’s sub-$65K levels, say BTC price remains ‘high and steady’
18.6.2024
Bitcoin price requires high demand-side pressure to push the BTC out of an extended correction
Hashdex files with SEC for combined spot Bitcoin and Ether ETF
18.6.2024
If approved, the crypto ETF would be the first of its kind, but probably not the last
Crypto Market Slump, is Bitcoin Price Drop The Cause?
18.6.2024
The Crypto community rejoiced after the crypto winter finally came to an end and Bitcoin rallied to an all-time high of over $70k. However, there is a major concern growing among holders as Bitcoin price recently dropped below $65k suggesting the onset of a bearish market. The effect of BTC price...
Bank of America Predicts Bullish Trend for Silver, Prices to Hit $35/oz by 2026
18.6.2024
Bank of America (BOFA) forecasts a bullish trend for silver, anticipating an increase in prices through the latter half of 2024 into 2025. BOFA analysts project silver prices to average $35/oz by 2026, compared to the current spot price of $29.19/oz. This optimistic outlook is driven...
Why are top Bitcoin traders bullish despite BTC price dip to $64.3K?
18.6.2024
Bitcoin whales and miners remain cautiously optimistic, strengthening the bullish case for $64,300 support
Transak Lists Paypal’s PYUSD for Easier Crypto Access
18.6.2024
According to an announcement, the Web3 and crypto firm Transak listed Paypal’s stablecoin, paypal usd (PYUSD), on its platform. This integration allows users to purchase PYUSD using various local payment methods, aiming to simplify the transition to cryptocurrencies. PYUSD Listed on Transak...
Dydx Chain Launches New Software Version, Adds Slinky Oracle for Real-Time Price Updates
18.6.2024
The decentralized finance (defi) protocol, Dydx, has officially launched version 5.0.0 of its blockchain software, introducing innovative trading features aimed at enhancing market dynamics and user control. This update, approved by the Dydx community, includes the implementation of isolated...
CleanSpark acquires 5 mining facilities in Georgia
18.6.2024
The new facilities are expected to increase CleanSpark’s hashrate to over 20 exahashes per second by the end of June, spokespeople claimed
Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets
18.6.2024
Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold...
Ethereum price to $10K is the most 'asymmetric bet' in crypto — Analyst
18.6.2024
Ether’s potential move to $10,000 would result in a 194% price increase from the current levels, but ETH continues struggling to break the $4,000 mark
Bitcoin Hashrate May Finally Slow as Miners Face Scorching Summer Heatwaves
18.6.2024
Hashrate for Bitcoin network typically becomes flat or declines during North American summer time, industry experts say
Bitcoin analyst 'optimistic' of buying BTC lower as 3 trendlines fail
18.6.2024
BTC price heading under $66,000 costs Bitcoin bulls several daily moving averages — and few see a snap recovery coming next