Franklin Templeton, the issuer of the recently launched Franklin Bitcoin ETF (EZBC), took to X to share some crypto market insights. The digital assets research team of the asset manager has a take on the current state and future of cryptocurrencies. Franklin Templeton emphasized the significance of private blockchains. They described them as a ‘reinvention of […]
Ripple CEO Brad Garlinghouse Blames Biden Govt For Crypto Woes
Ripple CEO Brad Garlinghouse took a sarcastic jib at the Biden government, saying that they were behind the headwinds that have been there in the industry. Garlinghouse’s remarks come as the entire American voter class tries to prepare itself for the upcoming elections. The remark also holds significance for crypto voters, who are looking for […]
Best Crypto Invoicing Platforms 2024
The best crypto invoicing platforms might hold the key to opening up new revenue streams and clientele at a time when adaptability and digital preparedness are what make a firm successful. This fact rectifies the reason behind the new trend of using different crypto invoicing softwares and people’s enthusiasm to tend toward these platforms. That’s […]
Bitcoin Halving 2024 : 5 Myths, Facts, and the Path Forward Revealed
The fourth Bitcoin halving is approaching, expected to happen tomorrow, on April 20, 2024, usually a time for gatherings and excitement among enthusiasts. Despite current circumstances, the anticipation remains high with increased Google searches and constant talk on crypto social media. However, with the internet being a source of misinformation, it’s important to separate fact […]
CFX Price Rallies 8% As Conflux Unveils EVM-Compatible Bitcoin L2 Solution
Conflux Network, a China-based blockchain organization, has recently unveiled plans for a groundbreaking EVM-compatible Bitcoin Layer 2 (BTC L2) solution. This announcement propelled its native token Conflux (CFX) to gain over 8%. Earlier, the CFX price was in the red before the latest update came in. Overview of Conflux’s Bitcoin L2 Solution Conflux’s Bitcoin L2 […]
Pro-XRP Lawyer Reveals XPRL’s SEC Lawsuit Setbacks, Boosting Rivals Chances
Previously overshadowed by ton blockchain, XRPL has experienced a notable resurgence in activity and relevance within the cryptocurrency landscape. This revitalization is marked by the emergence of new applications and the proliferation of meme coins, which have injected fresh energy into the ecosystem. Additionally, strategic initiatives spearheaded by the $TON Foundation, coupled with the allocation […]
US Treasury Pushes for Crypto Regulatory Framework
U.S. Treasury Assistant Secretary for Financial Institutions Graham Steele has emphasized the need for regulatory standards in the crypto sector. During an event at George Washington University Law School, Steele highlighted the opportunity for U.S. lawmakers to establish regulatory frameworks before any potential crisis in the crypto industry arises. Drawing parallels with past financial regulations […]
Crypto Assets Recover Hours To Bitcoin Halving: Here’s Why
Crypto assets have picked up the pace in the past 24 hours before the Bitcoin halving after two weeks in the doldrums. The sell-off was sparked by reduced investor sentiment as a result of geopolitical tensions, Bitcoin miner movements, and economic trends. At press time, the cryptocurrency market capitalization stands at $2.35 trillion with a […]
Cathie Wood & Elon Musk Bullish On Bitcoin, Ark Buys More ARKB ETF With BITO Holdings
Bitcoin bull Cathie Wood on Friday reiterated her bullish case on Bitcoin, with Elon Musk agreeing with her. Wood hails the Bitcoin network – much larger than the combined size of the cloud infrastructure built by Amazon, Google, and Microsoft over the last 15–20 years. Meanwhile, Cathie Wood’s Ark fund has further offloaded holdings in […]
IRS Shares Early Look at Crypto Reporting Form Set for 2025
The U.S. Internal Revenue Service (IRS) has unveiled an early draft of a new tax form designated for reporting cryptocurrency transactions. The draft form, 1099-DA, is the latest step of the IRS’s endeavors to consolidate the reporting measures with respect of digital assets as part of the federal tax code. The purpose of this initiative […]