We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, Airdrops,NFTs, and Altcoin trends and happenings.
A heavily financed political action committee (PAC), supported by prominent figures within the cryptocurrency sector, is targeting crucial Senate contests with the aim of potentially altering the Congressional power balance. Known as Fairshake, this PAC recently invested over $10 million to effectively oppose a Democratic candidate for the U.S. Senate in California. Its next focus…
quick read K9 Finance has partnered with Shibarium, serving as an official network validator. The staking platform has introduced a DAO featuring its native token. Lead developers from Shiba Inu have joined K9 DAO as official advisors. K9 Finance, the eagerly awaited Liquid Staking Derivatives (LSD) initiative on Shibarium, has unveiled KNINE, a fresh cryptocurrency…
Senators Cynthia Lummis and Kirsten Gillibrand are teaming up on a bill aimed at regulating stablecoins, with a primary focus on maintaining stable prices and safeguarding investors. According to Axios, the bill is poised for an imminent unveiling, backed by favorable responses from stakeholders. Navigating Risks and Doubts Navigating Risks and Doubts: A Closer Look…
BitMEX founder Arthur Hayes and Domo, the anonymous developer behind the Bitcoin BRC-20 token standard, have joined forces in a $3 million pre-seed funding round for Bitcoin Ordinals wallet Oyl. This investment round was led by crypto asset manager Arca, with support from Kanosei and FlamingoDAO. Oyl, set to launch in the coming weeks, will…
On March 7, BlackRock, the top asset manager globally, revealed its intention to incorporate spot Bitcoin exchange-traded funds (ETFs) into its widely-known Global Allocation Fund (MALOX) tailored for retail investors. This move, highlighted in its recent submission to the U.S. Securities and Exchange Commission (SEC), signifies BlackRock’s strategic pivot towards cryptocurrency investments. Portfolio Adjustment: BlackRock’s…
The legal tug-of-war between the United States and South Korea over the extradition of Terra founder Do Kwon continues to unfold. Despite a recent high court ruling overturning the plans for extradition, the U.S. Department of Justice remains steadfast in its intention to bring Kwon within U.S. borders, as reported by Bloomberg on March 8….
El Salvador, one of Central America’s smallest and most densely populated countries, stands poised to potentially join the ranks of the world’s wealthiest nations, thanks to its Bitcoin holdings. In a landmark move, the nation became the first globally to adopt Bitcoin as legal tender in September 2021. Building upon this groundbreaking decision, President Nayib…
On Tuesday, the price of Bitcoin surged to an unprecedented high of $69,000, maintaining its position around the $67,000 mark. However, according to crypto market data provided by on-chain data provider CryptoQuant, there are indications of a potential short-term pause or correction looming, attributed to the rapid escalation of prices. Data from CryptoQuant reveals that…
Binance, a leading cryptocurrency exchange, has introduced a luxury perfume with a “crypto” theme as part of its effort to attract more women to the digital asset realm. The fragrance was launched in celebration of International Women’s Day. Rachel Conlan, Binance’s Chief Marketing Officer, describes the campaign as “bold, distinctive, and intentionally disruptive.” She emphasizes…
Jerome Powell, Chair of the U.S. Federal Reserve, assured the Senate Banking Committee that the Fed currently has no immediate plans to introduce a central bank digital currency (CBDC). During the hearing, Powell expounded on the Fed’s current position regarding CBDCs, stressing that while the concept is under examination, the rollout of a digital dollar…