Tag: United States
Bitcoin as Reserve Currency Criticized by Former US Treasury Secretary
Former US Treasury Secretary Larry Summers has stirred controversy with his recent comments criticizing the idea of Bitcoin becoming a national reserve currency. In an interview with Bloomberg, Summers dismissed the notion of a...
How the U.S. Election Has Positively Impacted Crypto Markets: Citi Analysis
Crypto Markets Soar as U.S. Election Impact Takes Center StageThe recent U.S. election has sent shockwaves through the crypto markets, with Bitcoin reaching a record high above $100,000. Citi's analysis highlights the crucial role...
ETH Price Hits $4,000 and Coinbase Premium Soars
Ethereum Price Surges to $4,000 with Record-Breaking Coinbase PremiumIn a groundbreaking turn of events, the price of Ethereum's ether (ETH) has skyrocketed to over $4,000, marking a significant milestone for the cryptocurrency. This surge,...
Gensler’s Rejection of Solana ETFs Impact on Crypto Industry – Bloomberg Analysis
The US Securities and Exchange Commission (SEC) under Chair Gary Gensler is reportedly set to deliver a blow to the crypto industry by rejecting two spot Solana (SOL) exchange-traded funds (ETF) applications. This move,...
Risks of Stablecoins: FSOC Urges Legislative Action for Enhanced Oversight
The Financial Stability Oversight Council (FSOC) has sounded the alarm on the potential risks posed by stablecoins, urging immediate legislative action to bolster oversight and regulation. In its 2024 annual report, the FSOC highlighted...
DeFi Lending on Liquidium Surges to 4-Month High with Bitcoin Price Over $100K
DeFi Lending on Liquidium Hits 4-Month High with Bitcoin Price Surging Over $100KIn a groundbreaking development, DeFi lending on Liquidium has skyrocketed to a four-month high as Bitcoin smashes through the $100,000 mark. This...
Bitcoin Price Surges Following Positive U.S. Employment Report
Bitcoin Price Surges Following Positive U.S. Employment ReportThe U.S. employment picture rebounded in November, with the addition of 227,000 jobs, surpassing economists' expectations of 200,000. This surge follows weaker data in October, which was...
FDIC Urges U.S. Banks to Avoid Crypto, Revealed in Coinbase Letters
FDIC Urges U.S. Banks to Avoid Crypto, Revealed in Coinbase LettersCoinbase's Paul Grewal says this is hard evidence proving the industry hasn't been spouting conspiracy theories about being shoved out of U.S. banking. Dec...
XRP Adoption in Corporate Treasury Reserves: Worksport and BC Bud Co Investments
XRP Adoption in Corporate Treasury Reserves: Worksport and BC Bud Co InvestmentsXRP, a digital asset that has been making waves in the market recently, has found its way into corporate treasury reserves with Worksport...
Bitcoin ETFs Surpass Satoshi Nakamoto’s Holdings in Less Than a Year
Bitcoin ETFs Surpass Satoshi Nakamoto's Holdings in Less Than a YearUS Bitcoin exchange-traded funds (ETFs) have achieved a remarkable feat in a short span of time by surpassing the BTC holdings of Satoshi Nakamoto,...
