Frax community approves frxUSD stablecoin backed by BlackRock's BUIDL
According to RWA.XYZ, BlackRock’s US dollar Institutional Digital Liquidity Fund has over $648 million in assets under management.
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US-China Trade War and Its Effect on Cryptocurrencies
The People’s Bank of China (PBoC), the country’s central bank, has announced that it is planning to launch a central bank digital currency (CBDC), inspired in part by Facebook’s Libra project. David Marcus, the head of Facebook cryptocurrency wallet Calibra, and known as the co-creator of the company’s venture into cryptocurrencies, had this to say on…

Bitcoin price must take $26K, trader says after ‘textbook short squeeze’
Bitcoin shorts start to suffer thanks to a $1,000 BTC price relief rally, but key resistance remains in place. 386 Total views 2 Total shares Bitcoin (BTC) rebounded off three-month lows on Sept. 12 as traders voiced suspicion over BTC price behavior.BTC/USD 1-hour chart. Source: TradingViewBitcoin shorts feel heat as BTC price adds $1,000Data from

Bitcoin price nears $30K as estimates reveal $19K support floor
Breaking $19,000 will be "very hard" for bears, say analysts at Whalemap, with this still allowing Bitcoin to dive below the $20,000 highs from 2017. 3864 Total views 3 Total shares Bitcoin (BTC) edged closer to the significant $30,000 support on June 8 amid predictions that a major crypto correction was imminent.BTC/USD 1-hour candle chart…

The future of Ethereum scaling lies in hardware, not software
Opinion by: Leo Fan, co-founder of Cysic Running Ethereum today is like trying to play a modern game on a 1980s laptop — the outdated hardware would struggle to load, lag endlessly, and likely crash under the weight of new demands. Designed for a simpler blockchain era, Ethereum’s infrastructure can no longer keep up, processing

‘Token will defeat cryptocurrency’: Russia debuts palladium-backed stablecoin
Backed by a sanctioned Russian oligarch, Atomyze became Russia’s first legal digital asset manager, obtaining registration from the central bank in February 2022. 414 Total views 50 Total shares The Russian government-backed tokenization platform Atomyze has issued its first digital asset backed by palladium in collaboration with the local bank Rosbank.Rosbank officially announced on Monday…

CFTC Letter Provides Little Clarity in Telegram’s Battle With SEC
Another United States regulatory agency has weighed in on Telegram’s ongoing legal battle with the Securities Exchange Commission.Following a request by the New York Southern District Court, a division at the Commodity Futures Trading Commission (CFTC) has filed a letter with the court on Feb. 18, expressing its views on the complicated case involving Telegram’s…

VanEck, SolidX Make Case for Bitcoin ETF at Latest Meeting With US SEC
The U.S. Securities and Exchange Commission (SEC) has published a memorandum Nov. 28 of the latest meeting regarding a Bitcoin (BTC) exchange-traded-fund (ETF) proposal. The application was originally brought to the commission by U.S. investment firm VanEck and blockchain software and financial services company SolidX.According to the memorandum, representatives from VanEck and SolidX, as well…

United Nations Says Stay Away From North Korean Crypto Conference
The United Nations has warned that attending a North Korean cryptocurrency conference in February is likely to constitute a sanctions violation, according to a report by Reuters on Jan. 15.The report follows last week’s indictment of Ethereum Foundation researcher Virgil Griffith on charges of conspiracy to violate the International Emergency Economic Powers Act.Griffith traveled to…