Experts hint Donald Trump consider Robinhood exec to lead SEC: Report
Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator.
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Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — especially central bank digital currencies, a topic that’s attracted tremendous interest in recent months.The report encourages central banks to treat CBDCs as their future, saying: “One option at the…

Ethereum Devs Delay ASIC-Resistant PoW Algorithm Decision Until Third-Party Audit
Ethereum (ETH) core developers have delayed the decision to implement Application-Specific Integrated Circuit (ASIC)-resistant proof-of-work (PoW) algorithm ProgPoW. According to an Ethereum core developer meeting on Feb. 1, the team wants to wait until the algorithm is audited by a third party.Ethereum core developer Hudson Jameson declared during the call that “there is a group…

HBAR Foundation launched a $250M metaverse fund to enhance consumer brand adoption
This is the largest fund the HBAR foundation has launched to date, a statement of intent for their aspiration in the tokenized economy and metaverse space. 215 Total views 3 Total shares The HBAR Foundation, a not-for-profit independent organization of distributed ledger firm Hedera Hashgraph, has announced the establishment of a $250 million dollar metaverse fund to…

Pro traders know it’s time to range trade when this classic pattern shows up
A bull trend is formed when demand exceeds supply and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of a trading range.Sometimes, this leads to the formation of a rectangle pattern, which can also be described as a consolidation…

Bitcoin’s role as an inflation hedge depends on where one lives — Analyst
For years, inflation was primarily a concern for emerging markets, where volatile currencies and economic instability made rising prices a persistent challenge. However, in the wake of the COVID-19 pandemic, inflation became a global issue. Once-stable economies with historically low inflation were suddenly grappling with soaring costs, prompting investors to rethink how to preserve their

Mastercard is preparing its infrastructure for the deployment of CBDCs
The world's third-largest consumer payment processor remains bullish on the adoption of CBDCs. 288 Total views 14 Total shares During an earnings call with investors and stakeholders, Michael Miebach, CEO of Mastercard, discussed his positive outlook on the cryptocurrency industry. The company has not only seen sizable volume growth in consumers using their Mastercards to…

Why is Bitcoin price stuck?
Bitcoin price is stuck in a downtrend as sellers across the market refuse to relent.

Microsoft faces multi-billion dollar fine in EU over Bing AI
The Redmond company could be fined as much as 1% of its annual revenue if it doesn’t respond by May 27.