The U.S. government is asking Congress to consider a new rule that allows crypto platforms to temporarily freeze suspicious funds linked to illegal activities. This proposal comes from the U.S. Department of the Treasury, which is connected to the GENIUS Act. This act focuses on the tools to protect against
Brian Armstrong said stablecoin wallets could function as credit cards for advanced computing systems agents handling autonomous digital payments. During an interview for David Senra’s YouTube channel, Armstrong offered his opinions about the market structure and a lot about stablecoins. Additionally, he explained that cryptocurrency infrastructure can meet emerging payment
Oil prices have surged, and chances are they will rise in the days to come. For the crypto market, this comes as a worry because higher oil prices could trigger global inflation. Meanwhile, the US Dollar has gained strength as the oil price against a barrel surpasses a major mark.
As a new trading day opened, mixed signals were hovering across the crypto market. The Fear and Greed Index value is settled at 19, implying extreme fear. The dominant assets, like Bitcoin (BTC) and Ethereum (ETH), strive to recover from the recent losses. Meanwhile, Ripple’s XRP has spiked by over
Bitcoin (BTC) slipped after the last week’s brief rally, as a surge in oil prices influenced Asian equity markets on March 9. In the last 24 hours, the price slipped around 1.87% and stood at $66,010. It also showed a 10% drop from the latest peak of $73,500 noted on
As more women enter the Indian cryptocurrency market, the overall crypto picture has evolved significantly. According to the most recent CoinDCX report published on March 6, the number of female investors rose by 116.8% in the most recent yearly growth cycle, which reflects increasing participation across both metro and non-metro
The red colour is painted across the crypto charts, displaying remarkable losses. With the fear sentiment hanging in the air, the price movements have nosedived. The largest asset, Bitcoin (BTC), has fallen to $68K, and Ethereum (ETH), the largest altcoin, trades at $1.9K. Meanwhile, the OFFICIAL TRUMP (TRUMP) has registered
The U.S. federal court permitted the Tether/Bitfinex crypto case yesterday to proceed as a class action. Although the case of investors claims that both companies influenced Bitcoin and Ethereum prices at the time of the 2018 crypto boom using newly issued USDT tokens. A federal judge in New York permitted
Kansas City Federal Reserve President Jeff Schmid has made a statement on the hiring pause due to AI. Unemployment rate surged a little in February, and inflation data is yet to be published. If unfavorable, the crypto market could see a divergence to safer alternatives, given that crypto prices are
Investors are diverting their attention to Artificial Intelligence (AI). This means that they are potentially moving away from crypto startups, except for a few on strict terms. Reports about this come at a time when crypto prices are diving. Interestingly, AI has often been integrated by crypto teams to strengthen
