Article Category: crypto latest news

The Federal Deposit Insurance Corporation (FDIC) of the U.S. recently proposed what will become the inaugural formal U.S. regulatory framework for stablecoins, marking an historic step in digital assets regulation in this country. Their proposal arises from the recently passed GENIUS Act which seeks to bring clarity, consumer protection and financial stability to an emerging...

Canaan, one of the leading manufacturers of Bitcoin mining hardware, has recently attributed a recent 10% decline in global Bitcoin hashrate to renewed shutdowns and operational disruptions in China. His comments have reignited conversation about China’s influence over global mining ecosystem despite formal prohibition against cryptocurrency mining operations within its borders. Speaking in a recent...

Bitmine Immersion Technologies, an infrastructure and digital asset company affiliated with cryptocurrency strategist Tom Lee, recently added approximately $320 million worth of Ether (ETH) to its holdings, according to people with knowledge of the matter. Lee recently reiterated his view that cryptocurrency industry’s “best days are ahead”, signaling increased optimism among some market participants despite...

Bank of Japan (BOJ), in an unprecedented move away from its historically dovish monetary policy, has signaled it plans to raise interest rates to an unprecedented 30-year high. This unprecedented decision, driven by inflationary pressures and shifting economic conditions, has caused ripples throughout global financial markets – including cryptocurrency. Bitcoin as an alternative fiat currency...

The Nasdaq 100 index, one of the most closely followed stock market indices, recently experienced its first significant shakeup since a prominent strategy joined its ranks. Despite experiencing volatility and changes in market landscape, this strategy managed to thrive during transition, providing investors and analysts alike with valuable insights. This change typically involves changes to...

YouTube recently made headlines when they announced they will begin paying content creators using cryptocurrency, marking an unprecedented step into digital payments and financial independence for creators. YouTube embraced blockchain technology in their decision to integrate cryptocurrency payments onto its platform – capitalizing on not only tapping into its booming cryptocurrency market, but also positioning...

Crypto industry and trade unions are at odds in an ongoing discussion over the allocation of multi-trillion dollar retirement funds. This clash, driven by diverging perspectives on future investment and economic stability, highlights the ongoing tension between traditional financial systems and emerging decentralized technologies. As digital assets like Bitcoin and Ethereum become more mainstream, many...

Leading financial technology firms Paxos, Fidelity, Ripple, BitGo and Circle have recently made headlines by receiving approvals from U.S. regulators to operate as trust banks – marking an historic achievement for the cryptocurrency industry and legitimizing cryptocurrency industry services in the eyes of regulators, investors and consumers. This move marks an important step toward regulatory...

Recent months have witnessed China embark on an unprecedented gold buying spree, with their central bank purchasing significant quantities at a time when global economic uncertainty is on the rise. Though China may view their strategy as part of an effort to diversify reserves over the long term, their massive accumulation of gold has inadvertently...

OSL Group of Hong Kong, in a bold move that could have major ramifications for stablecoin and cryptocurrency markets, recently announced their collaboration with Anchorage Digital to launch a U.S.-regulated stablecoin. This step marks an increasing trend of companies seeking to bridge traditional finance with digital asset markets; OSL being a leading cryptocurrency exchange and...