Tether’s Stablecoin Dominance May Wane Following Proposed U.S. Rules: S&P
The new regulations could offer banks a competitive edge by limiting institutions without a banking license to a maximum stablecoin issuance of $10 billion, the report said.
Finance
Jack Dorsey’s Block Is Building a Bitcoin Mining System
The firm also completed the development of its three-nanometer mining chip, which it had been working on since April 2023.
Bitcoin Payments App Strike Launches for European Customers
Strike, the payments application using the Bitcoin blockchain, has launched in Europe, allowing customers to buy, sell and withdraw bitcoin {{BTC}} in the region, it announced Wednesday.
Crypto Custody Firm Fireblocks Now Offers DeFi Threat Detection for Institutions
The products check decentralized applications across 40+ blockchains via WalletConnect, Fireblocks’ browser extension, and MetaMask Institutional.
Gold on a rollercoaster ride as ‘excellent opportunity’ emerges
Gold prices have been on a turbulent journey, marked by volatility influenced by shifting geopolitical landscapes and overall market sentiment. … Continue reading
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S&P 500 to surge 19% by 2025, Bank of America says
With a wide variety of stocks facing substantial correction, benchmark indices being hard-pressed to the point the Dow Jones Industrial … Continue reading
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AI predicts Gold price for May 1, 2024
Gold, the perennial safe-haven asset has slumped to nearly three-week lows. Despite this recent dip, gold has maintained a 15% … Continue reading
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Idaho-based financial advisor discloses 6% of its portfolio in Bitcoin ETF
Though traditional financial giants have often maintained a rather hostile attitude toward Bitcoin (BTC) and cryptocurrencies in general, there has … Continue reading
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Shiba Inu Fetches $12M Investment in a Token Sale to Build Privacy-Focused Blockchain
The new network will be built on top of layer-2 network Shibarium and offer enhanced privacy for users.
ZKasino Users Plead for Refunds as $33M of Bridged Ether Sent to Lido
Cryptocurrency casino ZKasino went live over the weekend but the launch was met with dismay from investors, who are calling foul on the company for sending $33 million worth of user deposits to staking platform Lido.