Rep. Waters calls for support on bipartisan stablecoin legislation
US House Financial Services Committee ranking member Maxine Waters suggested lawmakers look to bipartisan stablecoin legislation drafted in the 118th session of Congress.
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Happy Bitcoin anniversary, Tesla — Elon Musk firm still hodls 9.7K BTC
Bitcoin (BTC) held by Tesla is still worth 33% less than its 2021 purchase price, the latest data shows.Two years to the day that Elon Musk’s firm added BTC to its balance sheet, most gains continue to evade the auto manufacturer.Tesla and Bitcoin: From $1.5 billion to $225 millionBitcoin and Tesla have proven an explosive…

BREAKING: US government moves 10,000 Bitcoin
The United States government is currently the largest geopolitical holder of Bitcoin, with 203,000 BTC under the control of the US.

Asset managers and companies accumulate 1.2M Bitcoin worth $57 billion
Around 6% of Bitcoin’s circulating supply has been accumulated by asset managers and companies, signaling ever increasing mainstream and institutional adoption of crypto assets.According to Buy Bitcoin Worldwide, 816,379 BTC worth $40.1 billion is currently held by 14 Bitcoin fund issuers and asset managers — representing 4% of the cryptocurrency’s supply. Industry leader, the Grayscale…

Bitkub submits improvement plans to Thai SEC and resumes trading
The regulator had previously suspended the exchange following several brief outages due to extreme volume spikes. 1897 Total views 16 Total shares Bitkub, Thailand’s largest cryptocurrency exchange, resumed its services on Saturday following a brief period of shutdown enforced by the country’s Securities and Exchange Commission. The shutdown followed a number of brief service outages that…

XRPL on-chain transactions jump 108% in Q1 2024
The XRP Ledger (XRPL) recorded 251.39 million on-chain transactions during the first quarter of 2024, an increase of approximately 108% compared to the last quarter of 2023.

Social media problems and solutions: ‘Centralization is not sustainable’
Over the past 15 years or so, social media has gained tremendous traction. Facebook, Twitter and YouTube have reached soaring heights as companies. Social media has its benefits, such as global connectivity and low barrier to entry. It also gives people a platform for expression. The sector has taken a dark turn in recent years,…

Price analysis 11/27: BTC, ETH, XRP, BCH, LINK, LTC, ADA, DOT, XLM, BNB
Bitcoin’s (BTC) rise above $20,000 will have to wait as the price saw a strong correction which and turned away from reaching a new all-time high. Data suggests that whales decided to book profits when Bitcoin was close to $19,000 and this pulled the price lower. This fall could have resulted in the liquidation of…

Gensler’s approach toward crypto appears skewed as criticisms mount
Since taking over at the United States Securities and Exchange Commission (SEC), chairman Gary Gensler has repeatedly been referred to as the “bad cop” of the digital asset industry. To this point, over the past 18 months, Gensler has taken an extremely hard-nosed approach toward the crypto market, handing out numerous fines and enforcing stringent…