MUFG is in discussions with numerous partners about utilizing its Progmat blockchain. Legislation has been established in Japan to encourage the usage of stablecoins. The largest bank in Japan, Mitsubishi UFJ Financial Group Inc (MUFG), is in negotiations with worldwide stablecoin issuers to create its tokens on its own blockchain network. Moreover, Japan’s stablecoin legislation, […]
RFK Jr. Pledges Support for Bitcoin: A Presidential Candidate Championing Crypto Freedom
US presidential candidate Robert F Kennedy Jr pledges support for Bitcoin and advocates for policies that promote its growth and the freedom to transact. RFK Jr opposes central bank digital currencies (CBDCs), viewing them as instruments of control and oppression, and emphasizes the importance of individual control over Bitcoin wallets, nodes, and passwords. Discover how […]
Elon Musk vs Mark Zuckerberg Ends in Cage Match, Who Will Win?
Tech titans clash, Elon Musk challenges Mark Zuckerberg to a cage match. Also, Musk continued to engage on Twitter by posting a series of tweets on this matter. The ongoing rivalry between tech billionaires Elon Musk and Mark Zuckerberg has taken an unexpected turn as the two engage in a social media spat. It all […]
Bitcoin Price Hitting A Yearly High Today? What Matters Today
The Bitcoin price has rallied fast in the past few days as a result of the BlackRock news. The big question is whether the bulls can continue to push the price upwards, or whether they are slowly running out of steam. With this in mind, there is currently a striking similarity in the 1-day chart […]
Binance engages former DOJ prosecutor to counter SEC allegations
Binance has enlisted the expertise of a former attorney from the Department of Justice (DOJ) to mount a defense against the lawsuit filed by the Securities and Exchange Commission (SEC)
Gold hovers near 3-month low, set for biggest weekly drop since Feb
The post Gold hovers near 3-month low, set for biggest weekly drop since Feb appeared on BitcoinEthereumNews.com. By Arundhati Sarkar (Reuters) – Gold hovered near a three month low on Friday and was set for its biggest weekly drop since February, as the dollar strengthened after U.S.…
Banning Crypto is Not Effective in the Long Term: IMF
The post Banning Crypto is Not Effective in the Long Term: IMF appeared on BitcoinEthereumNews.com. On June 22, the IMF reported on the benefits of CBDCs noting that they could lower remittance costs and improve financial inclusion. It also stated that crypto needs to be…
Bitcoin Soars 20% in a Bullish Breakout, Traders Targeting $31k
Bitcoin is up 20% in the past seven trading days, breaking above several resistance levels. Trading above $30k, buyers are back in the equation, and the trend is in sync with that of March to April 2023. As it is, the immediate support level is $28.3k. Therefore, every attempt lower and within the June 21 […]
Shiba Inu Lead Developer Exposes Scammers Promoting Fake Tokens
The post Shiba Inu Lead Developer Exposes Scammers Promoting Fake Tokens appeared on BitcoinEthereumNews.com. Shiba Inu lead developer warns against scammers promoting fake Shiba Inu tokens. Shibarium Scam Alerts confirm counterfeit SHI and TREAT tokens, sharing evidence. Lord Gaudy claims Shibarium mainnet launched on…
Banning Crypto is Not Effective in the Long Term: IMF
On June 22, the IMF reported on the benefits of CBDCs noting that they could lower remittance costs and improve financial inclusion. It also stated that crypto needs to be regulated for digital assets to safely remain part of the payment system. However, in conclusion, the IMF painted a positive picture of the crypto industry […]