Bitcoin hits $70K amid huge ETF inflow streak

The Massachusetts senator said that it’s “worth considering” banning U.S. banks from holding the reserves to back private stablecoins. 1071 Total views 12 Total shares United States Senator Elizabeth Warren, one of the most vocal cryptocurrency skeptics in the U.S. government, has called the cryptocurrency industry the “new shadow bank.”In a Sept. 5 interview with…

The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change. 518 Total views 28 Total shares In the South Pacific, the island nation of Tuvalu decided to turn to Web3 technology in order to make sure its…

Crypto firms, wealth management companies, and retail and wholesale banking remain “particularly vulnerable” to financial crime, according to a U.K. Treasury report.

The decree provides a legal basis for Belarus Hi-Tech Park to set up a register of crypto wallets used in illegal activities. Belarusian President Alexander Lukashenko has signed a decree affirming the country’s formal support of free circulation of cryptocurrencies like Bitcoin (BTC).Lukashenko’s press office announced Monday that the president has signed a decree “On…

The United States House of Representatives finally elected a speaker last week, concluding a four-day, 15-ballot ordeal that left many wondering if political gridlock was now the new normal in the U.S., and if so, what the consequences would be. For example, were the concessions made by Republican Kevin McCarthy to secure his election as speaker…

"It is now time for Congress to begin the process of considering and ultimately passing authorizing legislation for the issuance of a U.S. CBDC," said Representative Jim Himes. 82 Total views 11 Total shares Connecticut House of Representatives member Jim Himes has released a proposal aiming to start a dialogue on the United States potentially…

Bitcoin is now down 23% from it's all-time high after quickly crashing below $50,000. 1058 Total views 9 Total shares The price of Bitcoin has fallen below $50,000 for the first time since March, with BTC shedding roughly 10% in the last 12 hours.On April 17, the $60,000 range was rejected, driving a crash in…

Ethereum's co-founder cites "fundamental security limits of bridges" as the key reason for his disapproval. 113 Total views 3 Total shares In a Reddit post on Friday, Vitalik Buterin, the co-founder of Ethereum (ETH), outlined critical security concerns surrounding cross-chain bridges in the blockchain ecosystem. As told by Buterin, storing native assets directly-chain (Ethereum on…

Bitcoin (BTC) has hit a four-month low this week — as a search term on Google, with market fatigue and boredom spreading beyond traders.“Bitcoin” least Googled since MayData from Google Trends confirms that the term “Bitcoin” is less popular now than at any time since the end of April. Despite the largest cryptocurrency actually trading higher…