The Governor of Arizona, Katie Hobbs, has rejected the bill, citing that allow the state to hold BTC as part of its official reserves, eventually killing the hope of making Arizona the first US state to adopt such a policy. The Digital Assets Strategic Reserve bill was the door to
The policymakers of Texas are planning to bring digital currency to the citizens of America by positioning crypto ATMs in federal buildings. A Republican representative of Texas, Lance Gooden, wrote a letter to Stephen Ehikian, acting administrator of the General Services Administration, on May 1, and requested the urgency to
The US Treasury Department wants to ban the Cambodia-based Huione Group from having access to the American banking system. The Department also claimed that the Group helped a hacker group from North Korea in laundering cryptocurrency. On May 1, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) made a proposal
The web3 community has been meeting at a multitude of events this month. As the sector buzzes with activity, regulatory actions have also remained on the upside similar to March. However, prices continue to resist the snag they hit since the Tariff commotion. Notably, in the last 24 hours, the
In the last 24 hours, the overall crypto market has shown modest price dips, causing investors to let out sighs of frustration. Bitcoin has reversed its position to the $83K level yet again. This has also affected the altcoin market, as prices showed modest drops. However, particular altcoins continued to
Over the weekend, the crypto market showed a brief bullish return, much to the joy of investors. Bitcoin reclaimed $86K after the past week’s crash. Although it has currently returned to the $84K level, it has instilled hopes for a market recovery. Meanwhile, Trump’s memecoin, Official Trump, is set to
With the US Federal Reserve announcing CPI data, investors expected the crypto market to react positively. However, the leading cryptocurrency Bitcoin fell modestly to the $80K range. Meanwhile, within the regulatory sector, several advancements occurred. US President Donald Trump signed a recent crypto bill that repels the IRS DeFi broker
As Trump put a pause on the Tariff negotiations, the crypto market rallied upwards. Bitcoin has reclaimed its $80K mark and is currently trading in the $82K range. The altcoin sector has also shown positive movements in the last 24 hours. Meanwhile, the SEC, on completion of its final voting,
In the last 24 hours, intriguing actions have occurred in the mainstream economic sector. The US has once again received the spotlight with Trump announcing further tariffs on all international trades. Moreover the tariff impositions are further kindling the mounting tensions between the nations. Meanwhile, within the crypto sector several
In the last 24 hours, the crypto community rejoiced in a brief recovery in the market. Bitcoin is currently docked at the $84K level after testing a high of $85,466. Following this the altcoin sector also recovered modestly, sparking hope among investors. Meanwhile, the ETF market is seeing increasing activity
