The House Financial Services Committee (HFSC) faced significant challenges in reaching an agreement for stablecoin legislation on Thursday. A number of disagreements between Democrats and Republicans hindered progress, resulting in a deadlock. Committee Chair Patrick McHenry (R-NC) pointed the blame at the White House for stalling the bill, while Democrats accused Republicans of trying to
Crypto
In a surprising turn of events, Twitter has undergone a sudden rebranding, now known as X Corp. This unexpected move has left many people bewildered, but it appears that Elon Musk has had a grand vision for the platform for quite some time. Let’s delve into what we know about Musk’s plans for transforming the
The United States Securities and Exchange Commission (SEC) has taken a significant step forward in the potential approval of spot Bitcoin exchange-traded funds (ETFs). Currently, the SEC is reviewing applications from six prominent companies, including BlackRock and Fidelity Digital Assets. This development has triggered excitement within the crypto space, as previous attempts to launch such
Wall Street Memes (WSM) is creating a buzz in the cryptocurrency community, with its presale quickly approaching the $17 million mark. This meme coin has garnered attention due to its strong social media following, experienced team, and promising tokenomics. In this article, we will explore the factors contributing to the success of Wall Street Memes
Renowned author Nassim Nicholas Taleb has recently expressed his belief that the allure of cryptocurrencies is diminishing as young individuals divert their attention towards Artificial Intelligence (AI). In a series of tweets, Taleb argued that the crypto hype is “starting to peter out” due to the emerging fascination with AI. However, his sentiment towards AI
The recent victory of Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) has sparked a bull market for neighboring altcoins, according to a report from CryptoQuant. The crypto market intelligence firm reveals a surge in altcoin market activity over the past week, in contrast to the relatively stagnant Bitcoin (BTC) and
Societe Generale’s cryptocurrency arm, SG Forge, has made history by becoming the first company to receive a regulatory license as a Digital Asset Service Provider from the French Financial Markets Authority (AMF). This monumental achievement marks a significant milestone in the cryptocurrency industry and solidifies SG Forge’s position as a pioneer in the crypto assets
Mahe, Seychelles, July 18th, 2023 – In a momentous development, the highly sought-after token $TET has made its way onto the prestigious MEXC Exchange, arousing excitement among investors and traders worldwide. This listing not only signifies a significant milestone for the Tectum project but also opens up a plethora of thrilling opportunities. At precisely 3
Blockchain analytics firm, IntoTheBlock, has recently conducted an analysis of on-chain data revealing that nearly 29% of all circulating bitcoins have remained untouched for over five years. This significant portion of unmoved assets has sparked discussions among analysts, suggesting the possibility of lost coins within the cryptocurrency ecosystem. Bitfinex, a major cryptocurrency exchange, also reported
Cryptocurrency has served as a breeding ground for fraudulent schemes and scams, with the Austin family being the latest culprits apprehended by authorities in the United States. This father-son duo, Brandon and Eugene “Hugh” Austin, are facing charges of operating a significant cryptocurrency fraud, accused of embezzling more than $10 million from unsuspecting investors. The
