In a recent interview with CNBC, Securities and Exchange Commission (SEC) Chairman Gary Gensler stated plainly that the recent decision of the regulator to approve spot Bitcoin Exchange Traded Funds (ETFs) does not mean that a similar fate is expected for Ethereum-based products. This clarification comes in the wake of speculation and optimism within the […]

Federal Reserve Chairman Jerome Powell has called on Congress to develop a legislative framework for stablecoins. Addressing House Democrats in a closed-door meeting with the House Financial Services Committee, Powell highlighted the urgent need for stablecoins regulations, signaling the Federal Reserve’s proactive stance. Jerome Powell Push for Stablecoin Legislation Jerome Powell’s discussions with lawmakers underscore […]

Banking giant Citi has tapped into blockchain technology to initiate the tokenization process in private markets. According to a statement released by the firm, it had partnered with Wellington Management and WisdomTree. The partnership was focused on completing a proof of concept on the tokenization of private funds. Citi tokenizes private equity on blockchain According […]

Terra Luna Classic Price Prediction: LUNC has recently embarked on a path of recovery, reflecting a broader positive trend in the cryptocurrency market. Terra Classic price is trading at $0.0001166, marking a rise of 3.31%. This uplift signals a potential turnaround for Terra Classic after encountering several challenges. In the last day, most cryptocurrencies have […]

Coinbase Stock Price: Bitcoin, the largest cryptocurrency by market cap, is leading the recovery trend in crypto and traditional stock markets. As the BTC price tapped the $52000 high for the first time since December 2021, the global crypto market cap surged to $1.92 Trillion projecting a 4.56% intraday gain. Amid this uptick, the US […]

A disruptive event occurred in the digital currency environment as Miner, a token that was created under the experimental ERC-X standard, lost 88% of its value in a few hours. This crash happened right after a panic sell-off due to a bug in its smart contract that enabled users to double their tokens by sending […]

Bankrupt crypto firm Genesis Global Holdco LLC has been granted approval by the court to roll out its Grayscale Bitcoin Trust (GBTC). Leverage to Repay Creditors After several months of lawsuits, Genesis has finally been cleared by the U.S. Bankruptcy Court in the Southern District of New York to sell off its $1.6 billion worth of […]

The pro-crypto candidate Gibran Rakabuming Raka, backed by presidential candidate Prabowo Subianto, won by a majority in the previous election. The win by the duo is a turning point for the country’s emerging digital economy that will open new frontiers for the youth to look forward to blockchain and cryptocurrency opportunities. Crypto-Friendly Candidate wins The […]

A new frenzy of Bitcoin ETF establishment led to an enormous inflow to these funds on February 13, totaling over $631 million in a single gathering. This nifty inflow happened during the significant decline of GBTC redemptions, which has now turned into an ETF for the funding of spot Bitcoin. The switch in investor preference […]

Bitcoin has again surpassed a $1 trillion market capitalization, a feat not achieved since 2021. Richard Teng, the newly appointed chief executive of Binance, the world’s largest cryptocurrency exchange by trading volume, took to Twitter/X to commend this monumental achievement. Teng’s acknowledgment of Bitcoin’s milestone underscores the digital currency’s growing influence and resilience in the […]