Stocks
Former House Speaker Paul Ryan Says Stablecoins Could Be Worth “Trillions” Once Regulated
Paul Ryan – the 54th speaker of the United States House of Representatives – has emerged as a major proponent of stablecoins, with a bright outlook on what regulation could bring to the industry. Paul Ryan Bullish On Stablecoins In an interview with Bloomberg on Friday, Ryan highlighted stablecoins as…
Read More »Dogecoin Enthusiasts Switch to New VR ICO, Targeting 10x Returns
As Dogecoin (DOGE) attempts to push to the north of a key downtrend, its enthusiasts are switching their focus to an exciting new VR ICP called 5thScape (5SCAPE) as they target 10x returns. Dogecoin jumped over 7% on Wednesday to the uppers $0.15s amid a broad post-CPI crypto and traditional…
Read More »El Salvador Announces Tokenized Investment Offerings On Bitcoin Sidechain
El Salvador took a decisive step into tokenization on Tuesday, unveiling national investment opportunities based on Bitcoin infrastructure. El Salvador Bitcoin: Investing in Development The nation’s National Bitcoin Office launched its blockchain-based capital raise on the Liquid network. Bitcoin-based capital markets have officially launched in El Salvador, the first country…
Read More »Degen Chain Outage: Network Restored, L3 Debate Reignited
The recent two-day outage of the Degen Chain proved to be more than a minor inconvenience. It caused severe disruption as the network failed to produce a block for over 53 hours. This disruption had a cascading effect, rendering the network and its associated applications unusable. According to its block…
Read More »FTX Gets Backlash Despite Planned Full Repayment Plus Interest
The cryptocurrency exchange FTX went bankrupt in November 2022 after a fraud-fueled collapse, leaving its users unable to access the cryptocurrency they held. FTX announced on May 7 that customers would be repaid their holdings plus interest two years after the initial collapse, but the proposed repayment plan has sparked…
Read More »Ethereum Price Prediction as Mysterious Wallet Buys Up 29,000 ETH – Bullish Signal?
The Ethereum (ETH) price is picking up on Wednesday amid a broader rally across crypto and traditional asset markets following US CPI data, with some traders focusing on a mysterious wallet that just scooped up 29,000 ETH, and some are interpreting as a bullish signal. According to various blockchain trackers,…
Read More »HTX Withdraws Hong Kong Crypto License Application Again – What’s Going On?
Huobi Global (HGBL) Hong Kong Limited, a subsidiary of HTX, withdrew its application for a cryptocurrency trading license from Hong Kong’s Securities and Futures Commission (SFC) for the second time on May 14. HTX’s Huobi HK Withdraws Hong Kong License Bid Again Huobi HK is no longer on the SFC’s…
Read More »Congressman Wiley Nickel Slams SEC’s “Open Hostility” Towards Digital Assets, Urges Gensler To Rescind SAB121
Congressman Wiley Nickel (D-CA) has criticized SEC Chair Gary Gensler over the agency’s “open hostility” towards crypto and SAB121. Nickel sent a letter to Gensler on Wednesday urging him to rescind the controversial staff accounting bulletin amidst the Senate vote to nullify it. SEC, SAB121 Face Criticism From Rep. Wiley…
Read More »Floki Inu Price Prediction as FLOKI Lists on Revolut Business – Is an ATH on the Way?
Meme coin markets are in overdrive, and Floki Inu is on the climb, with FLOKI bulls now targeting a new all-time high after an aggressive upside move triggered by Revolut. It’s no secret that dog-coins are here to stay. In fact, the unique staying power of Dog-themed cryptocurrencies is deserving…
Read More »Tether’s USDT Implicated in $2B Illegal Foreign Exchange Scheme in China – Regulation Coming?
Chinese police in Sichuan province apprehended some suspects of an underground banking scheme on May 15 for allegedly facilitating illicit foreign exchange transactions involving about $2 billion worth of Tether’s USDT. According to a report from Baijiahao.baidu, the Sichuan police arrested the suspects for allegedly using USDT to evade national…
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