US dollar weakness, growing money supply could fuel Bitcoin 2025 rally
Bitcoin price rallied over 58% since May, when the M2 money supply turned positive year-over-year for the first time since November 2023.
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First look: Spike Lee’s TV ad for crypto touts it as new money for a diverse world
Spike Lee’s new ad dubbed “The Currency of Currency” launched online today, and the two-minute spot depicts crypto as new money for a diverse world. The 64-year-old Oscar winning filmmaker directed and starred in the commercial for crypto ATM provider Coin Cloud, and in the ad, he explores themes such as racial and financial inequality,…
Coinbase Wallet Adds Support for Dogecoin to Wallet App
American major cryptocurrency exchange Coinbase has added support for Dogecoin (DOGE) to its crypto wallet service Coinbase Wallet, according to an announcement published on May 1.The announcement states that users can now store DOGE directly in the Coinbase Wallet app. The coin thus joined other digital currencies — bitcoin (BTC), ethereum (ETH), bitcoin cash (BCH),…
Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions
Polkadot price pushes to new highs over growing excitement for the upcoming parachain auctions and increased interoperability they will support. 1662 Total views 13 Total shares In the early hours of Feb. 20 Polkadot (DOT) trading volume began to see a significant increase which helped propel the multichain protocol to a new all-time high of…
Gary Gensler confirms SEC’s use of AI for financial surveillance
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing. 233 Total views 5 Total shares United States Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Sept. 12 in a Senate oversight hearing that his agency was currently using artificial intelligence (AI) technologies to
European regulator: CASPs should work on protocol interoperability, self-hosted wallets
The proposed new industry guidelines are intended to address issues around AML and CFT rules. 246 Total views 2 Total shares The European Union’s banking regulator, the European Banking Authority (EBA), wants to update existing Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper published on Nov. 24
I’m most bullish on Bitcoin price since 2015, says Abra CEO
The co-founder and CEO of one of the best-known Bitcoin (BTC) companies has revealed he is at his most bullish on the largest cryptocurrency in five years.In a series of tweets on Oct. 6, Bill Barhydt, the CEO of payments gateway Abra, highlighted a large number of indicators suggesting incoming BTC price gains.“I’ve never been…
SEC scuppers ShipChain’s $27M ICO and fines the firm its last $2M
The defunct firm is not the first to run aground due to failure to abide by U.S. securities laws. 964 Total views 6 Total shares The Securities and Exchange Commission sinks the firm behind another initial coin offering.Per a Dec. 21 cease and desist order, the SEC has determined that ShipChain's ICO for its SHIP…
US Congress Considers a Draft Bill Claiming Stablecoins Are Securities
United States Congress is considering a draft bill that claims all managed stablecoins must be seen as investment contracts and therefore as securities.Libra in the United StatesThe U.S. Representative for Texas's 29th congressional district, Sylvia Garcia, introduced a draft bill to the House Financial Services Committee on Oct. 18. The draft bill, called the ‘‘Stablecoins…