Tether, the largest stablecoin issuer and one of the most controversial companies in crypto, announced a new investment strategy today: the company will allocate up to 15% of its reserves to buy and hold Bitcoin. The strategy moves away from Tether’s long-held conservative investment approach and shows that the company believes that Bitcoin is the…
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Bitcoin, the leading cryptocurrency, has experienced a significant spike of 4% from its recent bottom. This upward movement has sparked curiosity among investors and traders who are now eager to know where Bitcoin’s price is heading next. As market participants closely monitor the ongoing price action, they seek insights and predictions to identify potential target…
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The US Securities and Exchange Commission determined that Filecoin is a security, according to a statement released by asset manager Grayscale Investments. In a press release sent on Wednesday afternoon, the digital currency asset manager said it had received a comment letter from SEC staff stating that view. … Read More: US SEC Says Filecoin Is…
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The SHIB Army are in disarray after 28 days of downside price action for the beloved SHIB token. Despite the explosive 2023 meme coin season, SHIB has been sidelined by lucrative returns from prominent moon shots like Pepe coin and Wojak. Currently trading at $0.0000086 (a 24 hour change of -1.25%), SHIB bulls have worked…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ripple Acquires Metaco, Tether to Buy BTC Monthly Using Realized Profits, WazirX Claims Binance Controls WRX Read more »Sign up for e-EUR – the progressive stablecoin
The advent of tokenized music assets and NFTs allowed investors to acquire rights to their favorite music, a feat that was nearly impossible a few years back. This use case has increased investor interest in Web3 and blockchain technology recently. In a new development, Web3 marketplace AnotherBlock has secured a new round of VC funding…
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The US Securities and Exchange Commission cannot seal certain documents in connection with a 2018 speech from agency’s former director Bill Hinman in its case against Ripple, a judge ruled on Tuesday. The SEC wanted to seal entirely the “Hinman Speech documents” which have in them “nonpublic deliberations” among SEC officials in connection with that…
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The price of Litecoin (LTC), the cryptocurrency that powers the payments-focused layer-1 Litecoin blockchain protocol, has been surging in the last few days, despite consolidation seen in the broader crypto market. As such, price predictions are upbeat. LTC/USD was last changing hands just under $90 per token, up another 3.5% on Tuesday and taking the…
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In the world of cryptocurrency, Bitcoin continues to be a subject of great interest and speculation. As the price of Bitcoin experiences fluctuations, analysts and traders are constantly seeking insights into its future movements. In this Bitcoin price prediction, we will focus on assessing the potential support level of the upward channel near $26,800. … Read…
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US Senators have slammed executives of failed banks for trying to deflect blame away from their poor management practices and toward digital asset firms. During a Tuesday Senate Banking Committee hearing, Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of now-collapsed Signature Bank, for his statement regarding what led to his bank’s collapse. … Read…
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