Oversight committee Republicans launch debanking investigation

Over the past week, investors understandably became concerned over the news that billions of dollars backing USD Coin (USDC) — the second-largest stablecoin — were locked up in the distressed Silicon Valley Bank (SVB). The market reacted violently, causing USDC to lose its dollar peg. But while the concern was understandable, it has become clear…

Bitcoin (BTC) is “very close to the bottom” and still commands a bullish long-term view, institutional crypto firm Stack Funds believes.In its latest report issued on June 23, analyst Lennard Neo said that despite the price meltdown, there was no reason to flip bearish in BTC.Stack: BTC macro view "remains the same"The report came the…

Adding to a lengthy list of departures last fall, telecom giant Vodafone has departed the Libra association, a spokesperson from Vodafone confirmed to Cointelegraph in an email on Jan. 21, 2020. The representative said:“Vodafone Group has decided to withdraw from the Libra Association. We have said from the outset that Vodafone’s desire is to make a…

Major global crypto exchange Binance will collaborate with Ukrainian authorities to establish cryptocurrency-related legislation in the country.Potential legal status of cryptocurrencies in UkraineBinance has signed a memorandum of understanding (MoU) with the Ministry of Digital Transformation of Ukraine to jointly work on the legal status of cryptocurrencies in the country, according to a press release…

Angel investor Jason Calacanis dismissed GameStop’s Bitcoin investment as a gimmick for companies without a viable business model. 774 Total views 2 Total shares Prominent US-based angel investor Jason Calacanis poked fun at GameStop’s decision to invest in Bitcoin. In a March 26 X post, Calacanis suggested that buying Bitcoin (BTC) was a solution well-suited

Bitcoin (BTC) starts a new week with a key weekly close under its belt and everything to play for — can it hold higher?After the weekend saw moderate volatility, including a retest of $30,000 support, BTC/USD is back above $35,000.Despite the negative press, FUD and miner shake-up from China, the latest BTC price action shows…

ETF analyst Nate Geraci says there’s no “good reason” for spot Ethereum ETFs not to launch this week.

Bitcoin (BTC) rallied 11% between Jan. 20 and Jan. 21, reaching the $23,000 level and shattering bears' expectations for a pullback to $20,000. Even more notable is the move brought demand from Asia-based retail investors according to data from a key stablecoin premium indicator.Traders should note that the tech-heavy Nasdaq-100 index also gained 5.1% between…

The law enables legal entities registered in the country to formally adopt DAO structures and governance tools. 58 Total views 2 Total shares Own this piece of crypto historyCollect this article as NFTThe Republic of the Marshall Islands, an independent island state located in the Pacific Ocean near the Equator, has announced that the Decentralized…