In recent days, the cryptocurrency market has experienced significant fluctuations, with Bitcoin (BTC) dropping below the $27,000 mark.
Author: Simon Lawson
Simon Lawson
Simon Lawson has been a professional financial reporter for 6 years. He has in-depth research on the crypto industry and will release major crypto news in a timely manner.
Digital transformation is rapidly shaping the global financial landscape, and bitcoin, the pioneering decentralized cryptocurrency, stands tall as a symbol of this revolution.
The United States has emerged as a pivotal player in the cryptocurrency domain.
In a significant move that has sent ripples across the financial sector, Chase UK, the British arm of JPMorgan, has announced stringent restrictions on cryptocurrency-related payments.
The U.S. stock market closed lower, with cryptocurrency-focused stocks experiencing a slight dip of less than 0.5%. Bitcoin (BTC) and Ethereum (ETH) remained relatively stable over the past 24 hours.
Last year, the cryptocurrency faced a downturn, moving in tandem with other high-risk assets, as the Federal Reserve took aggressive measures to combat inflation.
In a recent revelation, Texas has emerged as the dominant force in the Bitcoin mining sector, boasting a staggering 28.5% of the total US hashrate as of July 2023.
In a series of transactions that have caught the attention of the cryptocurrency community, Ethereum co-founder Vitalik Buterin has reportedly transferred a significant amount of Ethereum (ETH) to various centralized exchanges (CEXs).
The Federal Reserve has recently released a comprehensive report titled “Tokenization: Overview and Financial Stability Implications.” Authored by Francesca Carapella, Grace Chuan, Jacob Gerszten, Chelsea Hunter, and Nathan Swem, the report delves into the potential impacts and benefits of tokenized assets in the financial landscape.
Fresh off a pivotal win in court, Grayscale Investments LLC is gearing up for another challenge: the relentless fee competition in the $7.5 trillion US exchange-traded industry.
In recent financial developments, both Bitcoin and the S&P 500 are poised to conclude the third quarter with a downturn.
The non-fungible token (NFT) market, once hailed as the next big thing in the digital realm, has shown signs of cooling off.
The cryptocurrency sector has witnessed a significant shift in its growth strategy. While the U.S. was once a primary market for many crypto companies, recent regulatory pressures have prompted these firms to look elsewhere for expansion opportunities.
In a series of recent statements, Robert Kiyosaki, the renowned author of the best-selling book “Rich Dad Poor Dad,” has emphasized his belief in the future of cryptocurrencies, particularly Bitcoin, and the impending decline of fiat currencies, including the U.S. dollar.
In a widely anticipated move, the U.S. Federal Reserve announced on Wednesday that it would keep its benchmark interest rates unchanged.
The cryptocurrency market has been on tenterhooks as the Federal Open Market Committee (FOMC) gears up to announce its decision on interest rates.
PayPal, the global payment giant, has made a significant move in the cryptocurrency space by introducing its proprietary stablecoin, PYUSD, to Venmo.
The legendary event, known as Crypto Whales Meeting Point, brings together over 7,000 visitors from 120 countries on October 24-25.
Ether, the native cryptocurrency of the Ethereum blockchain, is currently trading at a significant 27% discount to its perceived fair value.
The stablecoin economy has shown resilience despite a relatively lackluster performance over the past 30 days, with fluctuations slightly above or below the $124 billion mark. In the past 24 hours, the global trade volume for fiat and commodity-pegged tokens reached an impressive $11.55 billion.