White House Pushes for Stablecoin Rewards in Crypto Legislation Talks
In a recent meeting at the White House, discussions between bankers and crypto industry representatives focused on stablecoin rewards, a key element of the upcoming...
Category : Cryptocurrency
Bitcoin ETF Investors Face 20% Loss Amid Market Uncertainty
The average investor in Bitcoin exchange-traded funds (ETFs) is currently experiencing a significant setback, with a reported 20% paper loss. This situation raises concerns about...
Federal Reserve Paper Highlights Value of Prediction Markets in Economic Forecasting
A recent research paper from the U.S. Federal Reserve emphasizes the potential of prediction markets, particularly Kalshi, as a valuable tool for economic policy analysis....
Bitcoin’s RSI Indicates Potential Market Consolidation Ahead
Bitcoin’s 14-day Relative Strength Index (RSI) has fallen below 30 for only the third time in its history, signaling potential oversold conditions. This development, noted...
Ledn Completes First Bitcoin-Backed Asset-Backed Securities Transaction
Ledn, a cryptocurrency lending platform, has successfully executed a groundbreaking asset-backed securities (ABS) transaction, raising $188 million through bonds secured by over 5,400 bitcoin-collateralized consumer...
Bitcoin Faces Longest Losing Streak Since 2022 Amid Geopolitical Tensions
Bitcoin is poised to record its fifth consecutive weekly decline, marking its longest losing streak since early 2022. As of Thursday, the cryptocurrency has fallen...
Hanwha Invests $13 Million in Kresus Labs to Advance Crypto Wallet Technology
Hanwha Investment & Securities, a prominent South Korean financial institution, has invested approximately 18 billion won (around $13 million) in Kresus Labs, a U.S.-based firm...
Bitcoin Falls Below $66,000 Amid U.S. Stock Market Weakness and Fed Rate Hike Signals
Bitcoin has dropped below the $66,000 mark, marking a potential fifth consecutive week of losses. The cryptocurrency, which had traded as high as $68,500 earlier...
Coinbase’s Base Network Shifts to Independent Codebase from Optimism’s Stack
Coinbase’s Ethereum layer-2 network, Base, is transitioning away from its reliance on Optimism’s OP Stack, as announced in a recent blog post. This strategic move...
New IRS Rules Spark Anxiety Among American Crypto Holders
A recent survey reveals that many American cryptocurrency investors are apprehensive about new IRS tax regulations that mandate automatic reporting of transactions. Conducted by the...