Cryptonews and updates
Tether’s latest financial report paints a glowing picture for the stablecoin issuer, with the company issuing $13.4 billion worth of USDT. As investors pore over the data, Tether has gained $2.6 billion in profit...
Coinbase has filed an opposition brief against the Federal Deposit Insurance Corporation (FDIC) in a key FOIA lawsuit. The case centers on the FDIC’s refusal to release documents related to its supervision of cryptocurrency...
In a massive development, the SEC has launched the “Project Crypto” initiative to provide further clarity for the crypto industry and promote Real-World Asset (RWA) tokenization. The Commission’s Chair, Paul Atkins, also clarified that...
Bitcoin price continues to move sideways today, July 31, as the recent momentum fades. BTC was trading at $118,000, capping a solid month in which it surged to a record high of $123,200. Bollinger...
Circle’s USDC is headed to Hyperliquid in an integration poised to streamline stablecoin transfers across several chains. Both entities have recorded meteoric growth metrics over the last month, with Hyperliquid’s AUM surging to $5.5...
Robinhood stock surged sharply after the company posted better-than-expected second-quarter results. The increase was fueled by a near-doubling of crypto trading income and strong growth in user activity. It also included a record number...
Fed Chair Jerome Powell has sparked a bearish sentiment among market participants following his FOMC speech. Powell indicated that inflation is likely to rise higher in the coming months thanks to the Trump tariffs....
Peter Schiff has challenged the widely held belief that stablecoins boost U.S. Treasury demand. He warned that they simply divert existing liquidity while risking higher long-term yields. Stablecoins Crowd Out Lending and Raise Mortgage...
The Chicago Board Options Exchange (CBOE) has filed for a rule change with the US Securities and Exchange Commission (SEC), seeking to allow the generic listing and trading of crypto ETFs. If approved, issuers...
Shiba Inu price continues to extend its losses today, July 30. It trades at $0.00001266 with a 4.95% decline in 24 hours. Amid these losses, SHIB’s open interest has shed more than $100 million....
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