In a recent letter addressed to Vice President Kamala Harris, the Digital Chamber made a compelling case for the adoption of a forward-looking approach to digital assets and blockchain technology. The Chamber stressed the transformative potential of these technologies in driving innovation, fostering economic growth, and promoting financial inclusion. Despite the growing support for digital
The CEO and founder of DAIM, Brian Korshain, expressed optimism about the potential impact of former President Donald Trump’s support for Bitcoin. He mentioned Trump’s rumored plan to make Bitcoin a strategic reserve asset for the US government, calling it “possible” but also cautioning that it could be “very difficult to get it done.” Korshain
Recent data has shown a significant increase in investment in digital asset products, with inflows reaching $1.35 billion last week and totaling $3.2 billion over the past three weeks. This surge in investment has been accompanied by a rise in trading volumes for Exchange Traded Products (ETPs), which saw a 45% increase week-over-week to $12.9
The recent announcement by President Joe Biden of his withdrawal from the 2024 presidential race has sent shockwaves through the political landscape. According to 10x Research, this decision could pave the way for former President Donald Trump to secure a “decisive victory” in the November election. The firm has boldly stated that no credible candidate
When Ethereum launched its initial coin offering (ICO) back on July 22, 2014, the cryptocurrency landscape looked very different. Offering 2,000 ETH per sale unit per BTC in a fully permissionless environment, Ethereum set the stage for what would become a revolutionary blockchain platform. The absence of venture capital influence or vesting periods emphasized Ethereum’s
The cryptocurrency market is currently experiencing a significant uptrend, with both Bitcoin and altcoins showing impressive gains. Crypto analyst Capo of Crypto has expressed optimism regarding the future of these digital assets, stating that they are poised for even more substantial moves to the upside. According to Capo, Bitcoin has successfully reclaimed the $60,000 range
Ripple’s XRP has been making headlines recently with a staggering 40% surge in its price over the past two weeks. Despite some momentary dips below $0.55, the digital asset is currently trading above $0.60, sparking excitement among investors. Industry analysts are now predicting even more significant gains in the coming weeks, with some speculating that
The recent sudden crash of Bitcoin price sent ripples throughout the cryptocurrency market, affecting not only Bitcoin but also other popular tokens like Dogecoin and Shiba Inu. This crash resulted in a $2,000 drop in the Bitcoin price within minutes, pushing it below $66,000. While the market saw a quick recovery, the initial decline raised
Bitcoin (BTC), the leading cryptocurrency in the world, has recently encountered a setback, as its price approaches the $66,736 level after a period of bullish activity. The question on every investor’s mind is whether the bulls will be able to regain control and push BTC back into an upward trajectory. With a market capitalization exceeding
The recent announcement by Joe Biden regarding his withdrawal from the 2024 presidential race created a ripple effect in the world of cryptocurrency, specifically in the realm of presidential meme coins. Following the news, there was a significant amount of volatility observed in the market, with tokens linked to Biden and his family experiencing drastic
