Brazil’s Senate is advancing crypto regulation with a public hearing to address industry concerns and ensure security for cryptocurrencies.
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Paul Atkins, the Incoming Chairman of the US Securities and Exchange Commission, is finally slated for a Senate hearing regarding his new role at the Commission. Leading Crypto Journalist Eleanor Terret reported that Atkins will face the US Senate Banking Committee Next Thursday alongside Jonathan Gould, another Trump Nominee. If the Senate successfully confirms Paul…
Cathie Wood, the CEO of Ark Investment Management, warns most memecoins would eventually become worthless. The CEO said his private investment firm would not invest in any of them following her conviction on the absence of a long-term use case for the crypto asset class. “ The combination of blockchain technology and artificial intelligence is…
The State of North Carolina passed a Bill authorizing the state treasurer to allocate 10% of the State’s public fund to Bitcoin. Bitcoin Laws reported that Bill SB327 will require the state to set aside 10% of its public funds for the acquisition of Bitcoin. The state’s Bitcoin reserve will be kept in a multi-signature…
Hive Digital plans a 400% bitcoin mining expansion in Paraguay, capitalizing on hydroelectric energy. Learn how this move impacts Paraguay’s economy and the crypto sector. Hive Digital Expands Paraguay Bitcoin Mining Operations Hive Digital, a major publicly traded bitcoin mining company, has announced a significant expansion in Paraguay. At The Street’s Roundtable, Executive Chairman Frank…
US inflation fell to 2.8% in February, but blockchain data suggests it may be even lower at 1.32%. As the Federal Reserve holds rates steady, alternative inflation tracking raises questions about economic trends. CPI Shows Inflation Cooling, But Real-Time Data Tells a Different Story The U.S. Bureau of Labor Statistics (BLS) reported Wednesday that the…
Brazil is prioritizing cryptocurrency and blockchain payments for BRICS trade in 2024, aiming to reduce reliance on the U.S. dollar. Brazil Pushes Cryptocurrency for BRICS Trade Under Its 2024 Presidency Brazil is prioritizing cryptocurrency and blockchain payment systems as part of its leadership agenda for BRICS in 2024. The South American nation aims to streamline…
U.S. markets rebound as inflation cools, with Bitcoin steady at $81,754. Trump predicts a market surge, citing corporate optimism and economic policy shifts. Investors watch for a potential Fed rate cut in June. U.S. stock and cryptocurrency markets rebounded Wednesday, driven by easing inflationary pressures and renewed investor confidence. Former President Donald Trump expressed optimism…
California shut down 42 fraudulent crypto websites linked to a $6.5 million scam. Officials warn against "pig-butchering" schemes and urge victims to report fraud. California Takes Action Against Widespread Crypto Fraud California has shut down 42 fraudulent cryptocurrency websites, exposing a $6.5 million scam that drained victims of an average $146,306 each, according to an…
REX Shares launches BMAX, a Nasdaq-listed ETF offering exposure to bitcoin-backed corporate bonds, allowing retail investors to benefit from convertible debt linked to bitcoin. REX Shares Introduces Bitcoin Treasury Convertible Bond ETF REX Shares announced on March 14 the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF (Nasdaq: BMAX), offering retail investors exposure…