Tom Lee, co-founder of Fundstrat Global Advisors, believes recent interest rate cuts by the US Federal Reserve are a net positive for Bitcoin’s development and propagation. In an interview with Fox Business on July 31st, Lee shared his thoughts on the new interests rates and his prediction of what’s to...
Although the release of Apple Card – a joint venture with investment firm Goldman Sachs – implied a disinterest in the future of cryptocurrency, recent remarks by project leads state otherwise. In a conversation with CNN’s chief business correspondent, Apple Pay vice president Jennifer Bailey voiced the project’s collective opinions...
The U.K.’s ETC Group will offer an ETP based on the Ethereum Pow hard fork after The Merge. All holders of the current Ethereum ETP will receive units of the new one on a 1:1 basis. Some exchanges have also said that it would support the asset of the forked...
Polygon is up 10% this week as new brands announced their integration with the MATIC crypto Meta and Robinhood’s support for Polygon has helped the crypto to jump 10% in terms of pricing. Ethereum layer 2 solution Polygon has jumped nearly 10% following its recent integration with leading platforms like Meta...
A Not-So-Cryptocurrency Stablecoin Announced Tuesday morning, Wells Fargo, an American financial powerhouse, revealed that it will be launching a stablecoin backed by the U.S. dollar. While called “Wells Fargo Digital Cash”, making it sound like the name of any old crypto asset, the firm has asserted that it shouldn’t be...
Summary: The Official Committee of Unsecured Creditors for Celsius hopes to recover millions from Alex Mashinsky, former CEO of the bankrupt crypto lender. Creditors also filed a motion to recover funds from co-founders Shlomi Daniel Leon, Hanoch “Nuke” Goldstein, and other former high-ranking executives at the troubled lender. The move...
As the trade war between the U.S. and China ramps up, the value of the Chinese Yuan has dived, leading some critics to claim that the Chinese government is intentionally devaluing its currency in an effort to offset the economic damage that has resulted from the trade war. Now, as...
Crypto adoption is gaining traction in Texas Coin Cloud will install Crypto kiosks in 29 H-E-B Grocery stores in the state The machines will provide customers access to over 30 digital assets including Bitcoin, Ethereum, Dogecoin, USD stablecoins and numerous DeFi tokens Governor Abbott believes ‘Texas will be the crypto...
BitDAO confirmed that Alameda's BIT holdings remain intact.
Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town, with the phrases “Libra” and “Facebook’s crypto/blockchain” gracing the notifications of the phones of millions across the world; effectively every mainstream media outlet...
It seems that the U.S. Securities and Exchange Commission (SEC) is renewing its crackdown on crypto, a space which they may see believe is rife with rule-breaking. Altcoin Project Veritaseum Slammed by SEC Announced just hours ago, during the wee hours of Tuesday morning, the regulator has filed an emergency...
American rapper Kanye West was seen wearing a Satoshi Nakamoto hat following the termination of his account by JPMorgan Chase. West has not publicly stated any support for Bitcoin, but the controversial figure may be looking elsewhere after he was canceled as a client. The rapper’s recent controversial statements led...