Robinhood, Revolut eye entry into stablecoin market — Report

September 26, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

Both Robinhood and Revolut are reportedly considering issuing their own stablecoins as the industry continues to expand.

Since the exuberant crypto bull run of 2017, regulators have increased their activity in the industry. United States governing bodies such as the Securities and Exchange Commission, the Department of Justice and the Commodity Futures Trading Commission have all pursued various types of legal enforcement. From December 2020, there has been an even further regulatory push,…

Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell

US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.

Nouriel Roubini at Salt Conference in NY: Crypto Is the Mother and Father of All Bubbles

Economist and notorious cryptocurrency critic Nouriel Roubini said that “cryptos is the mother and father of all bubbles” at the Salt conference in New York. CNBC reported on Roubini’s declarations on May 9.During the conference, Roubini also reportedly said that bitcoin (BTC) and other crypto assets should not be called cryptocurrencies. According to him, “cryptocurrency…

GPU price inflation dips slightly as Ether downtrend continues

With Ether sinking below $2,000, the price of graphics cards has seen a further decline from June to July. 450 Total views 7 Total shares Graphics processing units (GPUs) have become a little cheaper in July amid a continued downtrend in the price of Ether (ETH).According to a review by TechSpot, GPU prices across popular…

Hamster Kombat records $5.3B in daily volume, 11M tokenholders

Hamster Kombat reported a $1.3 billion spot volume and a $4 billion perpetual trading volume for its token.

Russia to include crypto into its tax code: Here is what the rules might look like

In the last few months, the standoff between the Central Bank of Russia (CBR) and the country’s Ministry of Finance over crypto regulation has become the key regulatory plot for the Russian crypto community to follow. Simultaneously, however, another important legislative development has been unfolding somewhat under the radar: negotiations around tax code amendments that…

3AC co-founder Su Zhu set to be released by year-end after court grilling: Report

Three Arrows Capital co-founder Su Zhu has faced his first interrogation in a Singapore court and is reportedly set to be released soon. Su Zhu, co-founder of bankrupt cryptocurrency lender Three Arrows Capital (3AC), is reportedly set to be released soon, after facing an extensive interrogation in a Singapore court, Bloomberg reported.Zhu was arrested in

Bulls and bears fight over $34K Bitcoin price as $445M options expiry looms

Bitcoin (BTC) has been ranging from $30,400 to 36,400 for the last 12 days, and it has been difficult to pinpoint the exact reason for investors’ lack of appetite. Some analysts have pointed to the Grayscale Bitcoin Trust (GBTC) unlocking in mid-July finally giving institutional investors a chance to offload their funds, but this is not likely…

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