Global asset manager BlackRock plans to expand its digital asset team as its tokenized fund witnessed exceptional growth. The careers portal of the BlackRock website shows four new roles related to digital assets. It is clear that a major traditional asset manager like BlackRock is going big on digital assets.
Zcash (ZEC) price is showing signs of recovery as its price bounced from the $28.00 level and surged 38% from there. ZEC price broke the 50-day EMA mark and is about to break 200-day EMA level showcasing bullishness. The price action indicates that the ZEC price is poised for a
As the cryptocurrency market begins to signal recovery anticipation builds for the next bull run. Consequently, meme coins are once again gaining traction with Dogecoin (DOGE), FLOKI, Shiba Inu (SHIB), Official Trump (TRUMP), and PEPE turned slightly green. Among them, FLOKI has been making waves with a significant price surge,
The U.S. Senate voted to repeal a controversial tax rule targeting decentralized finance (DeFi) platforms with a final vote of 70-28. The rule, introduced under the Biden administration, required DeFi platforms to report crypto transactions to the IRS. This mirrored the obligations of traditional financial institutions. This decision marks an
Hyperliquid is grappling with over $340 million in USDC outflows following the fallout from the JELLY token controversy. The platform, which delisted JELLY after a suspected market manipulation event, now faces scrutiny over its handling of the crisis. After evidence of suspicious market activity, the validator set convened and voted
While the crypto market has attempted to recover from bearish pressure, uncertainty lingers, and a potential downturn persists. Assets continue to swing between breakouts and pullbacks, with Maker (MKR) defying the trend and emerging as the top gainer with a solid 8.53% jump. MKR has kickstarted the day trading at
After the $4.6 billion LIBRA token controversy, the trust in President Javier Milei has decreased among the citizens, according to a recent poll. The poll revealed that approximately 58% of Argentinians don’t trust Milei. In March Zuban Córdoba surveyed President Javier Milei’s image after the LIBRA scandal with 1600 participants.
Wyoming is taking a step forward in the world of digital currency with the creation of the Wyoming Stable Token (WYST), setting itself up to be the first U.S. state to issue a fiat-backed stablecoin. The Wyoming Stable Token Commission has initiated testing of WYST across multiple blockchain networks. It
As the week inches to an end, the crypto market prices have once again retreated to consolidation. Similar to previous days, regulatory advancements are failing to translate into cryptocurrency prices, causing frustration. Meanwhile, new tokens have continued to crop up, drawing attention from the community. Notably, in January this year,
Just a day after revealing plans to add Bitcoin (BTC) to its balance sheet, GameStop (GME) is taking things a step further. The company, led by CEO Ryan Cohen, is raising $1.3 billion by issuing convertible senior notes, aiming to use the funds for Bitcoin purchases. The five-year bonds, set
