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U.S. House Passes Bill Banning Federal Reserve From Issuing CBDC
May 24, 2024
The U.S. House of Representatives has approved a bill that aims to prevent the Federal Reserve from issuing a Central Bank Digital Currency (CBDC). This legislation, which received divisive partisan …
Read moreSupreme Court Ruling on Coinbase's Dogecoin Sweepstakes Arbitration Dispute
May 24, 2024
The US Supreme Court denied Coinbase’s motion to compel arbitration related to its Dogecoin (DOGE) sweepstakes on May 23.The judge ruled that “a court, not an arbitrator,” must decide whether …
Read moreMarket Shake-Up: Bitcoin Drops and Ethereum Shows Resilience
May 23, 2024
Market UpdateThe financial markets witnessed a dramatic shift as the S&P; Global US Composite PMI Flash surged to 54.4 in May, according to Trading Economics. This uptick drove expectations for …
Read moreU.S. Bitcoin ETFs Amass 2,212 BTC in a Day, Led by BlackRock and Fidelity
May 23, 2024
Significant Inflows Into Bitcoin ETFsOn May 22, Bitcoin (BTC) exchange-traded funds (ETFs) saw major activity, securing a total of $154.0 million. Farside data indicates that only three ETF issuers recorded …
Read moreEthereum ETF Approval Likely To Boost ETH Prices
May 23, 2024
According to unnamed sources cited by Fox Business, the U.S. Securities and Exchange Commission (SEC) appears poised to approve Ethereum ETFs, marking a significant step for the cryptocurrency. The SEC's …
Read moreBlockchain's Impact on Supply Chains and Rising Bitcoin Stocks
May 23, 2024
Blockchain technology is revolutionizing supply chains across various industries by enhancing transparency, security, and efficiency. Julie Lamb, Head of Events at Crypto Mondays, states that the integration of blockchain can …
Read moreUS House Passes FIT21 Crypto Bill With Bipartisan Support
May 23, 2024
The US House of Representatives has passed the Financial Innovation and Technology for the 21st Century Act (FIT21) on May 22. The bill saw a significant majority support with 279 …
Read moreEthereum ETF Approval Hopes Drive Market Excitement
May 22, 2024
Grayscale's Ethereum Trust (ETHE) discount has narrowed to under 10%, reaching its lowest level since 2021, amid increasing optimism for a spot Ethereum ETF approval. Market data from YCharts indicates …
Read moreBiden and Gensler Oppose Crypto Bill Aiming for House Vote
May 22, 2024
The Financial Innovation and Technology for the 21st Century Act (FIT21) is set to be voted on by the US House of Representatives, facing firm opposition from both President Biden …
Read moreBitcoin Whales Make Massive $6.3 Billion Purchase Amid Market Volatility
May 22, 2024
Bitcoin whales have decisively stepped into the market, making a substantial $6.3 billion purchase as the cryptocurrency's price fluctuated around the $60,000 mark. This activity was highlighted by Thomas Fahrer, …
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