Fidelity Enters Competition for Stablecoin Reserve Management
Fidelity has announced its intention to manage reserve assets for the growing stablecoin market, following in the footsteps of State Street.
Editorial Staff Jun 17
Crypto
Bitcoin, blockchain, DeFi, digital assets, and crypto regulation.
Bitcoin's Realized Losses Drop Amid Increased Bid-Side Liquidity
Recent analysis indicates a significant drop in Bitcoin's realized losses, suggesting a potential easing of sell pressure as liquidity improves. Could this signal a bullish trend for BTC?
Editorial Staff Jun 17
Bitcoin Dips Following Fed's Hawkish Stance Under New Chair Kevin Warsh
In the wake of the Federal Reserve's latest meeting led by Kevin Warsh, Bitcoin experienced a decline, reflecting market concerns over the Fed's commitment to price stability.
Editorial Staff Jun 17
Blockchain.com Expands Tokenized Equity Offerings in Response to Market Demand
In a move to enhance access to tokenized traditional assets, Blockchain.com has partnered with Ondo Finance, reflecting the growing interest in onchain stocks and ETFs.
Editorial Staff Jun 17
Coinbase's Strategy to Navigate the Crypto Downturn Beyond Trading Fees
In response to the current crypto downturn, Coinbase is shifting its focus from trading fees to diversifying its offerings in derivatives, payments, and infrastructure.
Editorial Staff Jun 17
Altcoin Market Faces Significant Decline as Investor Focus Shifts
Recent data indicates that altcoin selling has reached $266 billion, marking the lowest demand in six years, as investors turn their attention to stablecoins, stocks, and AI.
Editorial Staff Jun 17
The Future of Bitcoin Layer-2 Solutions in a Bear Market
The recent shutdown of Botanix has prompted Bitcoin developers to reconsider the market's appetite for programmable BTC versus traditional financial services.
Editorial Staff Jun 17
FIFA Tests Avalanche Blockchain for World Cup Ticketing Solutions
FIFA is exploring the use of the Avalanche blockchain to develop a new ticketing system aimed at reducing scalping ahead of the World Cup.
Editorial Staff Jun 17
Illinois Enacts Controversial 0.2% Tax on Digital Assets
The recent passage of the Digital Asset Tax Act in Illinois has drawn criticism from the crypto industry, which labels it as one of the most restrictive laws in the nation.
Editorial Staff Jun 17
Illinois to Implement Transaction Tax on Bitcoin and Crypto Amidst Criticism
As Illinois prepares to introduce a tax on Bitcoin and cryptocurrency transactions, critics warn that this could have detrimental effects on both the industry and consumers.
Editorial Staff Jun 17
Understanding Hyperliquid: A Rising Decentralized Exchange
Hyperliquid has quickly established itself as a significant player in the cryptocurrency space. This editorial explores its decentralized exchange and underlying blockchain technology.
Editorial Staff Jun 17
Illinois Imposes Controversial Tax on Digital Assets, Sparking Outrage in Crypto Community
A newly introduced 0.2% tax on digital asset transactions in Illinois has drawn significant criticism from the crypto industry. This last-minute addition to the state budget appears unlikely to be reversed.
Editorial Staff Jun 17
The Evolution of Crypto: Building Trust in Digital Assets
As institutional interest in cryptocurrency grows, trusted indexes are playing a pivotal role in bridging the gap between traditional finance and the digital asset market.
Editorial Staff Jun 17
Bybit Added to Singapore's MAS Investor Alert List
Singapore's Monetary Authority has included crypto exchange Bybit on its Investor Alert List, indicating potential misperceptions regarding its licensing status.
Editorial Staff Jun 17
Mexican Billionaire Advocates Bitcoin Over Real Estate Investments
Ricardo Salinas Pliego, a prominent bitcoin supporter, has revealed that 70% of his investment portfolio is in bitcoin, suggesting it is a superior option compared to real estate.
Editorial Staff Jun 17
US SEC's Upcoming Decision on Stock Token Trading Could Transform Financial Markets
The US SEC is set to approve stock token trading, a move that may reshape the financial landscape by increasing liquidity and attracting new investors, though concerns remain.
Editorial Staff Jun 17
Bitcoin Cash Leads Decline in CoinDesk 20 Index with 3.1% Drop
The CoinDesk 20 index experienced a downturn, primarily driven by a 3.1% drop in Bitcoin Cash (BCH). Cardano (ADA) also faced challenges, falling by 2.8%.
Editorial Staff Jun 17
US SEC May Approve Stock Token Trading, Changing Market Dynamics
The US SEC is reportedly on the verge of approving stock token trading, a move that could reshape the financial landscape and attract new investors.
Editorial Staff Jun 17
BitGo Introduces MiCA-Compliant Platform as Crypto Firms Navigate Licensing Challenges
As the July 1 licensing deadline approaches, BitGo has launched a MiCA-compliant crypto infrastructure platform in Europe, responding to the needs of exchanges amid regulatory pressures.
Editorial Staff Jun 17
BitGo Provides MiCA Compliance Support for European Crypto Firms Facing Deadline
As the deadline for MiCA compliance approaches, BitGo, regulated by BaFin, offers its Crypto-as-a-Service platform to assist eligible crypto firms in Europe.
Editorial Staff Jun 17