Tag: Digital Currency
US GDP Growth Exceeds Expectations at 2.8% Despite Bitcoin Price Drop
The recent economic data in the US has surprised experts with a growth rate of 2.8% for the second quarter, exceeding expectations. This positive news has potentially boosted investor sentiment towards assets like Bitcoin,...
Proposal for Federal Reserve to Adopt Bitcoin as Reserve Asset at Nashville Conference
Wyoming Senator Cynthia Lummis, known for her support of cryptocurrencies, is planning to propose a bold idea at the upcoming Nashville conference. She wants the Federal Reserve to consider holding Bitcoin as a strategic...
Xapo Bank Named Title Sponsor for Bitcoin 2024 Summit
BTC Inc, the organizer of The Bitcoin Conference, recently announced that Xapo Bank has signed on as the title sponsor for Bitcoin 2024. Xapo Bank is a fully licensed bank that offers banking services...
Coinbase Launches Tokenized Money-Market Fund Following BlackRock’s BUIDL Success
Coinbase Asset Management is venturing into the world of tokenized money-market funds, as reported by four sources familiar with the initiative. This move comes amidst a growing trend in the crypto space towards tokenization...
Ferrari Expands Crypto Payment Scheme to Europe After US Debut – CoinJournal
Ferrari, the luxury sports car company, has announced that it will be expanding its crypto payment scheme to Europe by the end of July. This decision comes after the successful launch of Ferrari's crypto...
Kamala Harris’ Impact on Crypto in the 2020 Election: Analysis and Implications
Vice President Kamala Harris is now the presumptive Democratic Party nominee for President of the United States, after President Joe Biden abruptly announced he was withdrawing from the race. With her assent to the...
OKX Establishes Malta as MiCA Hub to Cater to 450 Million EU Residents
Cryptocurrency exchange OKX has recently announced that it has chosen Malta as its Market in Crypto-Assets (MiCA) hub in order to cater to the 450 million residents of the European Union. This strategic decision...
TON Launches Bitcoin Bridge: The Open Network’s Teleport Innovation – CoinJournal
The TON Foundation has announced an exciting new development for the Open Network in 2024. They are planning to launch a trustless bridge that will allow users to bring Bitcoin into the TON ecosystem...
Ethereum ETFs Excite Bit Digital, But Lack Staking Features
Bit Digital is excited about the upcoming launch of Ethereum ETFs, seeing it as a potential catalyst for the price of Ethereum. The company believes that this will help in the normalization and adoption...
Investors Boost Metaplanet Stock by 10% with Bitcoin Purchase, Holdings Reach 225 BTC
Metaplanet, a company based in Japan, recently made a significant purchase of Bitcoin, acquiring 21.88 BTC worth ¥200 million (equivalent to $1.26 million). This purchase was made at an average price of ¥9 million...
