Independent presidential candidate Robert F. Kennedy Jr. highlighted the potential benefits of Bitcoin for the U.S. economy during his address at the Bitcoin2024 event on July 26. He outlined several executive orders he planned to sign on his first day in office, aimed at integrating Bitcoin into the national economic
The decentralized finance (DeFi) landscape is about to witness a significant milestone with the release of Safuu 2.0 on the BASE Blockchain. As the first rebasing protocol on this burgeoning blockchain, Safuu 2.0 is set to redefine earning potentials and investment strategies for its extensive user base. Developed by the
The upcoming launch of spot Ether (ETH) exchange-traded funds (ETFs) in the U.S., expected next week, is projected to push ETH prices to new highs. Ethereum whales have been accumulating ETH in anticipation of the ETF launch. Wallets holding at least 0.1% of the total supply have shown a consistently
In light of the current economic uncertainty in many countries, BlackRock CEO Larry Fink has gushed over Bitcoin (BTC) as an investment opportunity. A further bright spot in the global market, according to the CEO, is expansion in the private sector. After trading below $60,000, the crypto market recovered, and
A recent report from Singaporean trading firm QCP Capital has revealed that the top crypto trading desks have been recording substantial BTC orders from large hedge funds, who are buying at the top, in contrast to the ongoing FUD in the broader crypto community. Speculation is now rife regarding the
Since US stocks have turned around, Bloomberg analyst Mike McGlone predicts that the Fed will soon reduce interest rates. At a critical juncture in the economic landscape after the pandemic, this prediction arrives as the Federal Reserve has been sending mixed signals on a possible change in monetary policy. It
Argentina beating Canada 2-0 in the Copa America semifinals has led the Canadian rapper Drake to lose his Bitcoin bet. The betting incident and Lionel Messi-led Argentina’s victory spiked the performance of this fan token in the crypto market. ARG, the national football team’s official fan token, has witnessed a
The latest congressional testimony by Federal Reserve Chair Jerome Powell revealed strong desire to have stablecoin legislation passed before the year closes. Recently, Fed Chair Jerome Powell voiced his support for stablecoin regulation. Rep. Wiley Nickel asked Powell about the Federal Reserve’s stance on stablecoin regulation. And Powell said that
Ripple recently sent a substantial amount of XRP tokens from its reserves to several different crypto wallets. The transaction, which involved approximately 150 million XRP worth around $66 million, has drawn attention from the crypto community, although it did not have an immediate impact on the price of XRP. Ripple’s
On Thursday, July 11, the crypto market players are anticipating the publication of the U.S. Consumer Price Index (CPI) statistics with great anticipation. Crucial inflation statistics may set the tone for the Fed’s future position with their policy rate plans, therefore the whole financial market will closely monitor it. Everyone
