BlackRock’s $240 Million Blockchain-Based Money-Market Fund

BlackRock, has once again made waves in the financial industry with the launch of its money-market fund. What sets this fund apart is its innovative use of blockchain technology, specifically the Ethereum blockchain, to record share ownership. Since its debut…

US-UK Review of $20 Billion in Crypto Transactions Tied to Russian Exchange

The US and UK governments are currently conducting a comprehensive review of cryptocurrency transactions worth over $20 billion associated with Garantex, a Russia-based virtual exchange. This joint effort aims to address the issue of sanctions evasion, which has been supporting…

BlackRock Launches Tokenized Asset Fund on Ethereum Network

BlackRock (BLK), the renowned asset management giant, has made a significant breakthrough with the official launch of its highly anticipated tokenized asset fund on the Ethereum network. The introduction of the BlackRock USD Institutional Digital Liquidity Fund, represented by the…

Examining Bitcoin’s Surge Amid Fiscal Challenges and ETF Launches – Mike Novogratz

Bitcoin (BTC) has recently dominated financial news headlines, captivating investors and enthusiasts alike. The impending launch of the first spot BTC exchange-traded funds (ETFs) has fueled wild speculation about the cryptocurrency’s potential. Against the backdrop of Bitcoin’s quadrennial halving and…

OKX Crypto Exchange Ends USDT Trading Pairs in EEA to Enhance Euro Liquidity

In a recent announcement, crypto exchange OKX revealed its decision to discontinue support for digital currencies traded against Tether Holdings Ltd’s USDT token for users based in the European Economic Area (EEA). This move comes as OKX aims to prioritize…

With Bitcoin Over 69,000k, Here is What This Analyst Has to say about The Surge – Should we expect a Price Correction Soon?

Bitcoin has surpassed the $69,000 mark, marking a significant milestone in its volatile journey. Analyst Sean Farrell from Fun Strat sheds light on the factors driving this surge. Also, he offered insights into the potential for a price correction.  So,…

Circle Axes $28 Billion USDC Support on Tron Amid Risk Management

In a significant development within the digital asset sector, the operator of the $28 billion USDC stablecoin has made the decision to discontinue its support for the Tron blockchain. Circle Internet Financial Ltd., the operator of USDC, announced this move…

John Deaton Challenges Elizabeth Warren: A Crypto Advocate’s Bid for the Massachusetts Senate Seat

John Deaton, a cryptocurrency advocate and attorney, has emerged as a formidable challenger to Senator Elizabeth Warren in the upcoming Senate race. Deaton, a Republican, brings a fresh perspective to the table, challenging Warren’s progressive stance on various issues, particularly…

UK Government to Implement Legislation on Stablecoins and Crypto Staking in Six Months

In a landmark move that positions the United Kingdom at the forefront of cryptocurrency regulation, Economic Secretary to the Treasury, Bim Afolami, has unveiled the government’s ambitious plan to introduce comprehensive legislation targeting stablecoins and crypto staking services. This initiative…

What Concerns Do Regulators Have About the Stability of Crypto Stablecoins?

Stablecoins have emerged as a crucial component within the cryptocurrency ecosystem, offering traders a means to swiftly transition between volatile digital assets and a more stable form of value resembling traditional fiat currencies. These digital tokens, often pegged to a…