Shiba Memu rides meme coin
Shiba Memu has raised $994,000 in a fortnight of presale The presale has generated a frenzy as investors bet big on the AI-led meme token...
FedNow Service has no relation with CBDCs, Federal Reserve clarifies
The Federal Reserve of the United States clarified that its new service for instant payments between organizations — FedNow Service — has no relation with...
Bitcoin’s correlation with gold sinks to two-year low, a warning for investors
Key Takeaways Bitcoin’s correlation with gold is at a two-year low Divergence highlights yet again that Bitcoin remains a risk-on asset This may change in...
Ethereum’s price lags behind rival cryptocurrencies. If Ethereum follows Bitcoin, a new yearly high might be in the cards.
Ethereum’s price lags behind rival cryptocurrencies If Ethereum follows Bitcoin, a new yearly high might be in the cards Next week’s Federal Reserve meeting is...
Kuwait bans crypto and virtual assets transactions
The state of Kuwait is the latest jurisdiction to ban virtually all operations involving cryptocurrencies like Bitcoin (BTC).On July 18, Kuwait’s main financial regulator, the...
China’s digital yuan nears $250B transaction volume: Central bank governor
Nearly $250 billion worth of transactions have taken place using China’s digital yuan in the one-and-a-half years since the start of its pilot, the country’s...
Crypto Council: New DeFi bill has “unworkable obligations”
The Crypto Council for Innovation says the new AML bill provides no workable framework for illicit finance in DeFi. According to the crypto alliance, the...
No impact from Ripple ruling? SEC chair cites risks from crypto in budget request
United States Securities and Exchange Commission (SEC) Chair Gary Gensler has called for “new tools, expertise, and resources” aimed at addressing misconduct in the crypto...
Bitcoin may be near its next leg up – analyst says
Canaccord Genuity analyst sees upside in Bitcoin to over $38,000. Javed Mirza explained his bullish view in a research note today. Bitcoin is already up...
Multiple spot crypto ETF applications go to Federal Register in step toward SEC approval
Spot Bitcoin exchange-traded fund (ETF) applications from several firms have been published in the Federal Register, moving them one step along in the United States Securities...