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US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?
15.10.2024
Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could...
Blackrock CEO Larry Fink Declares Bitcoin an Asset Class, Rivaling Gold in Investment Potential
15.10.2024
Blackrock CEO Larry Fink has emphasized bitcoin’s growing legitimacy as an investment, calling it an alternative to commodities like gold. “We believe bitcoin is an asset class in itself,” said the CEO of the world’s largest asset manager. Fink downplayed regulatory changes...
Bitcoin Rises as China Stimulus and Multiple Bullish News Fuel Crypto Gains
14.10.2024
China’s unclear fiscal stimulus measures have fueled a surge in bitcoin, pushing the cryptocurrency to a two-week high and sparking speculation that investors may shift to cryptocurrencies over Chinese equities. The uncertainty surrounding the scale of China’s economic efforts...
Kamala Harris Unveils New Crypto Plan and Major Financial Opportunities for Black Men
14.10.2024
Vice President Kamala Harris has unveiled a plan focused on supporting Black men, with cryptocurrency playing a significant role. Her “Opportunity Agenda for Black Men” includes ensuring that those holding digital assets “benefit from financial innovation.” Noting that over...
This Week’s Crypto Gainers and Losers: Meme Tokens Outshine Bitcoin and Ethereum
14.10.2024
In the midst of a more optimistic crypto market, both bitcoin and ethereum have enjoyed steady growth, climbing by 3.13% and 3.61%, respectively, over the past week. Additionally, several other digital currencies experienced even more significant increases, with spx6900 (SPX) stealing the spotlight...
Ripple CEO Slams SEC for Ignoring XRP Ruling, Claims Agency Oversteps Legal Authority
14.10.2024
Ripple’s CEO has intensified criticism of the U.S. Securities and Exchange Commission (SEC), accusing the agency of ignoring a court ruling that XRP is not a security and overstepping its legal bounds. His remarks came after Bitnomial Exchange filed a lawsuit against the SEC, disputing...
Tokenized US Treasuries Climb by $210M Since Crossing the $2 Billion Mark
12.10.2024
Since surpassing the $2 billion milestone in tokenized U.S. Treasuries at the end of August, the sector has added another $210 million. The Blackrock USD Institutional Digital Liquidity Fund (BUIDL) still holds the top spot with a market cap of $531.88 million, reflecting a 3.32% rise over the last...
Bitcoin Price Predictions for End of 2024 and the Forecasted Outlook for 2025
12.10.2024
Over the past week, bitcoin has been bouncing between $59,019 and $63,794 per unit. While prices have slipped slightly—down 1.29% for October so far—there’s still plenty of optimism that ‘Uptober’ will live up to its reputation. After all, October has historically...
Tokyo’s Metaplanet Grows Its Bitcoin War Chest to $45 Million
11.10.2024
Metaplanet, a company listed on the Tokyo Stock Exchange, has bolstered its bitcoin (BTC) holdings with the purchase of an additional 108.99 BTC. Following this recent acquisition, the Japanese investment firm now boasts a total of 748.50 BTC in its reserves. A ¥1 Billion Bitcoin Bet:...
Trump and Politifi Tokens Surge — Which Coins Are Soaring the Most?
11.10.2024
With former President Donald Trump topping the charts on Polymarket, a popular predictions platform, the political finance (politifi) tokens have enjoyed a strong 16.7% boost in the past 24 hours. All ten of the leading politifi tokens are in the green, with many showing double-digit gains....
High-Return Crypto Scheme Hit With Cease-and-Desist in Texas
11.10.2024
Texas regulators have issued an emergency cease-and-desist order against two individuals accused of promoting a fraudulent cryptocurrency investment scheme. The alleged scheme, tied to Trage Technologies, promised high returns on digital asset arbitrage trading but is accused of misleading...
Solana Could Surge 400% Under Trump Presidency, Standard Chartered Predicts
11.10.2024
Banking giant Standard Chartered predicts that solana could experience a significant surge of up to 400% if Donald Trump wins the 2024 U.S. presidential election. The bank’s head of digital assets suggests that solana’s faster transaction speed and support for decentralized...
Crypto ETFs Take Center Stage: Nearly Half of Charles Schwab Investors Eye Digital Assets
10.10.2024
A recent survey conducted by American financial powerhouse Charles Schwab revealed that nearly half of the respondents (45%) are gearing up to invest in cryptocurrency exchange-traded funds (ETFs). Millennials Lead the Crypto ETF Charge, Expert Puzzled by Schwab’s Slow Move Charles Schwab,...
US Agriculture Dept approves blockchain-based certification system
10.10.2024
CattleProof’s cow NFTs have officially become a part of the USDA’s record
Trump’s World Liberty Financial Proposes Aave Deployment to Enhance Defi Accessibility
10.10.2024
World Liberty Financial (WLF), the decentralized finance (defi) project backed by former President Donald Trump and his family, has submitted a proposal to Aave’s governance forum, seeking approval for the launch of an Aave v3 instance on the Ethereum mainnet. The proposal, subject...
47% of traditional hedge funds maintain crypto exposure: Report
10.10.2024
A survey reveals that nearly half of traditional hedge funds now have exposure to digital assets, with global regulatory clarity boosting confidence
National Bank of Bahrain Launches Bitcoin Investment Product
10.10.2024
The National Bank of Bahrain has made a groundbreaking move by launching the first bitcoin-linked structured investment product in the Gulf Cooperation Council (GCC). This innovation, developed with ARP Digital, highlights Bahrain’s leadership in fintech while offering accredited investors...
South Korean Lawmakers Call for Full Investigation Into KOK Token Crash
10.10.2024
Two South Korean lawmakers have called for a full investigation into the KOK token after its value collapsed to almost zero. Victims have accused Korea’s largest newspaper of promoting the scam, sparking concerns about its role. The alleged cryptocurrency fraud has caused an estimated...
Nigerian Regulator Pledges to Fight Crypto Fraud
9.10.2024
The Nigerian Securities and Exchange Commission (SEC) vows to crack down on fraud, money laundering, and market manipulation in the crypto sector. The SEC director general, Emomotimi Agama, emphasized the importance of educating investors. Lagos State Governor Babajide Sanwo-Olu said he supports...
Compass Mining Partners With Mindshift to Expand Bitcoin Mining in South Korea
9.10.2024
Compass Mining has announced a partnership with Mindshift, a licensed digital asset service provider in South Korea, to extend bitcoin mining services to the region. The collaboration aims to address challenges like high electricity costs while making bitcoin mining more accessible to South Korean...