San Francisco Federal Reserve President Mary Daly has sought to further lower inflation. The statement aligns with the target range of 2%. But, it goes on to raise a question if there will be a rate cut, considering that it affects investment appetite in cryptocurrencies. US markets last closed higher,
Coinbase has expanded its crypto lending service in the United States except in New York, which allows the holder of XRP, DOGE, ADA, and LTC to borrow money without selling their crypto. Coinbase now lets the eligible users borrow up to $100,000 USDC by using their crypto as collateral. How
Senator Elizabeth Warren has written a letter to the Federal Reserve and the Treasury Department, advising them not to use taxpayer dollars to bail out billionaires involved in the cryptocurrency market. It was stated in the letter that the bailout would be very unpopular with American taxpayers. The bailout may
Barry Sternlicht, who was the founder and CEO of Starwood Capital, says his company is ready to tokenize real-world assets, but U.S. regulations are blocking it. His company manages more than $125 billion in assets. He shared his plans on RWA and made comments on the current U.S. rules on
Russia could begin a large-scale blocking of crypto exchange and major digital asset platform websites that are not officially registered in Russia as early as this summer. This move would restrict access for Russian users to foreign crypto services operating without local authorization, because of the tightening digital asset market
Ted Pillows, a notable crypto analyst, has pointed out a breaking zone for BTC upside. His statement comes almost at the same time when another crypto analyst called Bitcoin tokens attractive. Meanwhile, the flagship token is attempting a recovery amid the recent geopolitical and rate cut uncertainty. Ted Pillows on
Nevada has escalated its fight against prediction market platform Kalshi by filing a civil enforcement action in Carson City District Court. The Nevada Gaming Control Board (NGCB) claims that Kalshi’s sports-linked event contracts amount to unlicensed gambling under state law. Regulators seek declaratory relief and an injunction to block Kalshi
BNB, at one point, accelerated to 300x market expansion. It was rooted in its early capital intake – something that Ozak AI is resembling slowly. The AI-powered crypto token is recording the presale capital intake at a higher pace. OZ could now go on to replicate the growth that BNB
South Korea has taken a big step by rebuilding corporations into its crypto market after scrapping a nine-year ban. The Financial Services Commission (FSC) has set up new protocols permitting listed bodies and professional companies to resume trading, successfully ending the 2017 ban. This initiative is a part of the
Robinhood has announced an initial public offering to raise $1 billion to diversify its financial services. The firm stated that it would utilize the funds to develop infrastructure that enables retail investors to invest in private market securities. Retail investors have always encountered high barriers when investing in private placements
