The European Union (EU) financial regulators want to add more stablecoin regulation guidelines under the Markets in Crypto Asset (MiCA) regulatory framework. EU Stablecoin Regulation Sees MiCA Law Update According to a document from the European Banking Authority (EBA), regulators have presented a draft of technical standards for stablecoins that reference multiple currencies or assets. […]
Hivemind Capital to Raise $50 Mln; Plans Funding Digital Art and Blockchain
Investment firm Hivemind Capital Partners is in the work of raising nearly $50 million for a fund. According to a Bloomberg report, Hivemind Capital is trying to raise at least $50 million for a fund that will focus on the nexus between blockchain technology and digital art. The move comes at a time when the […]
Solana’s dogwifhat (WIF) is Going to Las Vegas In Grand Style
Solana memecoin dogwifhat (WIF) has successfully raised more than $650,000 and is now on track to make a grand showing into the Las Vegas skyline. Community Stirs Bold dogwifhat (WIF) Publicity Markedly, the dogwifhat’s “Shiba Inu-themed” mascot will be displayed on the Las Vegas Skyline for up to one week. This follows a successful community fundraiser […]
House Panel Divided on CFPB Crypto Rule Proposal
The House Financial Services Committee has engaged in a debate on Wednesday over a proposed rule by the Consumer Financial Protection Bureau (CFPB), which could extend its supervisory authority to include digital payment applications, such as PayPal and Venmo, and potentially cryptocurrencies. Clash of Opinions on Crypto Regulation In a congressional hearing on digital assets […]
US 2024 Election: Joe Biden Nomination Sparks Crypto Market Attention
Crypto markets are on a care watch as President Joe Biden’s Democratic presidential nomination is indicating a certain trajectory for the upcoming elections. Bloomberg reported, while citing the Associated Press that President Joe Biden secured the Democratic presidential candidacy on Tuesday by winning a sufficient number of delegates. With a primary win in Georgia, Biden […]
Jack Dorsey Block Debuts Bitcoin Wallet, Skips Crypto Pay
Block, helmed by Jack Dorsey, has finally released Bitkey, its highly-anticipated Bitcoin hardware wallet. With a price of $150, the Bitkey wallet is a significant step toward self-custodial storage of cryptocurrencies. It seeks to offer users a safer way to store their Bitcoin and keep it out of exchanges. Bitkey is being launched at a […]
Shiba Inu Flips Dogecoin and Solana in Weekly Trading Volume: Kaiko
Shiba Inu (SHIB) has amassed significant demand as it surpassed both Dogecoin (DOGE) and Solana (SOL) in weekly trade volume. In the meme coin market, Dogecoin is the market leader, however, Shiba Inu outpaced DOGE in the weekly trading volume last week. Shiba Inu Weekly Trade Volume Surpasses Dogecoin With an astonishing $31 billion in […]
THORChain Price: Why is RUNE Price Rallying?
THORChain (RUNE) has made a comeback, participating in the bullish trend to reach a new record high above $10 on March 11, 2024. This significant achievement comes after a nearly two-year period. The value of RUNE has seen a remarkable increase of 744% year-to-date and 113.9% over the last week. The daily trading volume has […]
MicroStrategy (MSTR) Sends Short Sellers Packing Amid 155% YTD Surge
Considering the significant growth that MicroStrategy (MSTR) has recorded in the last few months, the stock’s short sellers are now reeling in notable losses. MicroStrategy Short Sellers Reeling in Losses Business intelligence and software company MicroStrategy has seen huge growth this year even with its shares registering very high gains. According to a Bloomberg report, […]
Binance Coin Price Forecast: Is $700 the Next BNB Milestone in Sight?
Binance Coin price forecast: BNB has notably surged in the cryptocurrency arena, breaking past the $550 resistance mark. This advance triggered a significant uptrend, reflected in its more than 12% gain within just 24 hours. Currently, Binance Coin’s price stands at $594, exhibiting a strong upward trajectory. This momentum hints at the possibility of further […]