crypto

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Bank of America eyes dollar-pegged stablecoin amid Senate fast-tracking GENIUS Act

Leave a Comment / Adoption, crypto, Featured, Regulation, Stablecoins, TradFi /

Bank of America CEO Brian Moynihan confirmed the lender plans to issue a dollar-pegged stablecoin and is working on an internal build conducted alongside other industry participants, Reuters reported on June 11. However, Moynihan added that any progress in a potential launch would be contingent on forthcoming federal rules. He also told investors the bank […]

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Bitcoin dips as Trump finalizes tariff deals with China

Bitcoin dips as Trump finalizes tariff deals with China

Leave a Comment / Analysis, crypto, Featured, Market, Price Watch /

Bitcoin (BTC) and the wider market experienced a minor pullback after President Donald Trump announced the finalization of a new tariff arrangement with China, pending a formal sign-off by him and President Xi Jinping. Trump announced on Truth Social that the accord grants the US “55% tariffs” on Chinese goods, versus 10% levied on US

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Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

Senate’s 68-30 cloture vote speeds GENIUS Act toward simple majority passage

Leave a Comment / crypto, Featured, Legislation, Regulation, Stablecoins /

The Senate voted 68-30 on June 11 to invoke cloture on the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, ending the filibuster option and moving the bill toward a final floor vote that will require a simple majority. Majority Leader John Thune, who controls the chamber’s schedule, started the 30-hour post-cloture clock

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Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Polygon’s governance revamp to focus on stablecoin payments and AggLayer

Leave a Comment / crypto, Featured, Governance, Layer2, Polygon, Technology, Tokens /

Polygon’s governance is undergoing a significant transformation, with co-founder Sandeep Nailwal stepping in as the Foundation’s first CEO. In a June 11 post on X, Nailwal said: “As the largest holder of POL and someone who dedicated his life to development and success of Polygon from the very beginning, I have decided to take full

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Ethereum Large Transactions Jump 100% In 24 Hours, Will ETH Whales Drive Altcoin Season?

Ethereum Large Transactions Jump 100% In 24 Hours, Will ETH Whales Drive Altcoin Season?

Leave a Comment / crypto, crypto whales, ETH, ETH news, ETH price, Ethereum, ethereum news, ethereum price, Ethereum Whales, ethusd, ETHUSDT, whales /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum whales have started returning to the arena as the price has picked up once again. This return marks a turn for the digital asset, which has suffered from major sell-offs over the last few weeks. So far, they have more than

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US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

US states split on Bitcoin as Connecticut bans reserve while Louisiana explores blockchain growth

Leave a Comment / Adoption, Bitcoin, Connecticut, crypto, Featured, Louisiana, Payments, Politics /

A growing divide is emerging among US states over how to approach digital assets, with some jurisdictions warming up to Bitcoin and blockchain innovation, while others are slamming the brakes. This has become particularly evident in how Connecticut and Louisiana offer contrasting responses to the evolving crypto economy through recent legislative efforts. No Bitcoin reserve

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Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert

Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert

Leave a Comment / Altcoins, Bitcoin, CoVid-19, crypto, Ecb, Finance, Lagarde, xrp /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Financial commentator Gary Cardone ignited a heated debate this week after he accused XRP of siding with authoritarian powers to stay relevant. His statements followed speculation that the European Central Bank (ECB) could use the XRP Ledger to power its upcoming digital

Deadly Or Disruptive? XRP Gets The COVID-19 Comparison From Finance Expert Read More »

Tron Booms With Fresh B in USDT, Yet Lending TVL Nosedives, What’s Next?

Tron Booms With Fresh $1B in USDT, Yet Lending TVL Nosedives, What’s Next?

Leave a Comment / altcoin, altcoin market, crypto, Crypto Market, Cryptocurrency, TRON, TRX /

Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing

Tron Booms With Fresh $1B in USDT, Yet Lending TVL Nosedives, What’s Next? Read More »

South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight

South Korea Moves Forward With Crypto Regulation, Eyes Stablecoin Oversight

Leave a Comment / crypto, Crypto Market, Crypto News, Cryptocurrency, GENIUS Act, South Korea, Stablecoin /

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure A South Korean lawmaker has introduced a comprehensive bill aimed at establishing a more structured regulatory environment for crypto assets in the country. The proposed legislation, known as the Digital Asset Basic Act, was announced Tuesday by Min Byeong-deok, a member of

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Bitcoin holding 0k psychological floor amid recent dip signals robust investor sentiment

Bitcoin holding $100k psychological floor amid recent dip signals robust investor sentiment

Leave a Comment / Analysis, crypto, Featured, Market, Trading /

On-chain data shows that Bitcoin’s (BTC) brief slide to $100,000 strengthened rather than weakened market structure, Glassnode said in a June 10 report. Bitcoin is currently trading at $109,500, after an over 4% climb on June 9 to hit a weekly high of $110,600. The report noted that the 9% drawdown following the June 7

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