Multiple politicians have thrown their support behind 62-year-old Republican Representative Tom Emmer’s bid for the position of House Speaker. Emmer has previously expressed support for cryptocurrencies. After the first round of voting on October 17, Representative Patrick McHenry has continued to serve in the role on an interim basis. Speaker
October 21, 2023 1 min read
This week witnessed a significant increase in the price of bitcoin, with an increase of over 11% taking it to about $30,000. Santiment, a blockchain analytics company, claims that the growing buildup of stablecoins like USDT, USDC, and BUSD likely contributed to this Bitcoin price spike. There was a significant
October 21, 2023 2 mins read
Bitcoin’s rise over $29k has given altcoins substantial optimistic traction, allowing them to quickly regain lost ground. The SOL price makes a strong increase over the key $25 resistance level, signaling the start of a breakout rally amid the general market upswing. Solana (SOL) soared early Friday morning, breaking above
October 20, 2023 2 mins read
Ripple’s CEO Brad Garlinghouse and Executive Chairman Chris Larsen were acquitted of all allegations in a historic move by the U.S. SEC. After almost three years under intense regulatory scrutiny, this is a huge win for Ripple. The crypto market is experiencing a surge post the announcement of this update
October 20, 2023 2 mins read
The first Cardano social networking app, Cardano Spot, was released yesterday. The burgeoning social network platform designed to unite and empower Cardano aficionados is now ready to provide a hand to indigenous initiatives. The Cardano Spot is a sophisticated hub for bringing in new members of the Cardano community and
October 19, 2023 2 mins read
The FDIC’s Office of the Inspector General published an evaluation on the FDIC’s crypto risk strategy. Two suggestions were submitted to the FDIC by the Office of the Inspector General, one of which was a method for monitoring crypto activity at regulated institutions. A news release states that the OIG
October 19, 2023 2 mins read
On October 16th, Ripple posted a new job listing for a senior manager of shareholder communications in numerous locations throughout the world. Many cryptocurrency investors saw the job listing as a sign that the business was preparing to go public. Moreover, the market activity on Tuesday shook up holders of
October 17, 2023 2 mins read
Decentralized Crypto Exchange Uniswap, founded and led by CEO Hayden Adams, has stated on twitter that it would begin charging a 0.15% swap fee for select tokens beginning on October 17. Adams posted on twitter about how pleased he was with Uniswap’s efforts to displace “gatekeepers” and expand digital asset
October 17, 2023 1 min read
Upbit Singapore received an in-principle approval for a Major Payment Institution (MPI) license from the Monetary Authority of Singapore (MAS). Upbit’s foothold in Singapore’s flourishing crypto sector has been bolstered by the announcement. The MAS has given Upbit Singapore Pte. Ltd. an in-principle approval (IPA) for an MPI license, a
October 16, 2023 1 min read
For the first time since May, the validator queue on the Ethereum blockchain has emptied, suggesting that investor appetite for ether staking has plateaued, as reported by Coinbase. To validate blockchain transactions and get rewards, validators lock up ether. After reaching its maximum capacity, validator entry dwindled staking returns to
October 16, 2023 2 mins read