Governor Ron DeSantis of Florida has voiced his backing for a proposed bill that seeks to prohibit the use of CBDCs as a form of currency within the state
Cardano [ADA]: DJED spreads its wings, prepares for multi-chain takeoff
Cardano’s over-collateralized stablecoin DJED will kickstart its multi-chain expansion by first launching on Binance Smart Chain and Ethereum.
How will lower interest rates benefit Bitcoin?
Cointelegraph analyst and writer Marcel Pechman explains how lowering the interest rates in the U.S. will ultimately benefit Bitcoin and the cryptocurrency market.
Binance Eyes Entry in the UK Amid Ongoing Tussle With U.S Regulators
The FCA demanded that the firm cease all of its operations in the UK in 2021. Some have argued that the UK government is too cautious with fintech and crypto startups. As a result of the government’s assault on cryptocurrencies, Binance has found it difficult to operate in the US market. It has recently begun […]
Bitcoin Plunges Below $27,000, Which Holder Groups Are Selling?
Bitcoin has plunged below the $27,000 mark during the past day. Here are the market segments that are possibly participating in this selloff. These Bitcoin Investors Have Been Spending Their Coins Recently In a new tweet, the on-chain analytics firm Glassnode has broken down the prices at which the average coins sold today were bought. […]
Cardano Releases First Mainnet-Compatible Version Of Hydra-Node – ADA Looks To Ride the Wave to Major Gains
The scaling tool is part of a suite of products in Cardano for DeFi. It is an off-chain ‘mini ledger’ shared between small groups of participants. Cardano’s node Hydra Head, a collection of layer-2 protocols designed to boost the scalability of Cardano, has gone live on the mainnet, the blockchain developers announced Thursday. Hydra Heads […]
The US should promote USDC — before it’s too late
USDC brings stability to cryptocurrency. It would behoove the financial system if policymakers took measures to foster its adoption.
Top Ripple Lawyer Slams SEC for Playing “Hide and Seek”
Ripple’s top lawyer has publicly criticized the U.S. Securities and Exchange Commission (SEC), accusing it of wielding the judicial process as a weapon and likening Congressional oversight to a game of “hide and seek”
BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days
Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin blockchain, the recently […]
MakerDAO publishes 5-phase roadmap featuring funding for open-source AI projects
DAI stablecoin proprietor MakerDAO offered up an AI-heavy roadmap for the future with plans for a new blockchain.