The United States House of Representatives recently approved the Financial Technology Protection Act in an effort to crack down on the use of digital platforms for illicit activities and terrorism financing. This bill, introduced by Representative Zach Nunn, aims to establish a governmental working group that will focus on combating terrorism and illicit financing in
The largest spot Bitcoin ETFs in the US have seen positive inflows recently, but the price of Bitcoin itself experienced a significant retracement. Despite reaching close to $67,000 once more, the primary cryptocurrency had a tumultuous journey in the past few days. It failed to sustain above $65,000, slipped to $63,000, rebounded to $67,500, and
Recent data from CoinShares reveals that Ethereum (ETH) experienced a surge in inflows last week, outpacing Solana’s (SOL) inflows for the year 2024. This increase in investment coincided with the upcoming launch of exchange-traded funds (ETFs) that will enable regulated investment in the US for the second-largest cryptocurrency by market capitalization. Ethereum recorded inflows of
MetalCore Arena is not just another free-to-play game; it is a groundbreaking innovation in the world of gaming. With its integration of blockchain technology, the game introduces players to a whole new era of digital ownership and player-driven economies. By allowing players to compete with modifiable teams of mechanized units and squads of infantry, MetalCore
Hong Kong is set to make history on July 23 with the launch of Asia’s first Bitcoin futures inverse product, the CSOP Bitcoin Futures Daily (-1x) Inverse Product (7376.HK). This innovative exchange-traded fund (ETF) by China Southern Asset Management Co., Ltd (CSOP) is specifically designed to allow investors to capitalize on declines in the price
Gangster Arena, a prominent blockchain strategy game, has introduced Crew Wars, a new feature that emphasizes teamwork and collaboration among players. By joining or creating crews, players can work together to climb the leaderboard and win valuable prizes such as Ethereum, $GREED tokens, and other in-game assets. The main goal of Crew Wars is to
Crypto analyst RLinda has recently made a bold prediction regarding Bitcoin, suggesting that the cryptocurrency could potentially reach a new all-time high of $90,000. She pointed out several fundamental factors that could support this price growth, one of them being the anticipated launch of Spot Ethereum ETFs. However, it is crucial to note that RLinda’s
The Digital Chamber recently reached out to Vice President Kamala Harris, urging her to adopt a forward-looking approach to digital assets and blockchain technology. They emphasized the immense potential that these technologies hold for innovation, economic growth, and financial inclusion. The urgency for a more progressive stance stemmed from the Biden/Harris Administration’s cautious approach that
The recent CoinShares report highlighted a substantial rise in investment in digital asset products, reaching $1.35 billion last week. This influx of capital contributed to a total of $3.2 billion over the past three weeks. Additionally, trading volumes for Exchange Traded Products (ETPs) surged by 45% week-over-week, amounting to $12.9 billion. Despite these impressive figures,
Ripple’s XRP has experienced a significant surge in price, rising by 40% in just two weeks. This sudden increase has caught the attention of analysts and traders alike, leading to speculation about the future potential of XRP. Despite a brief dip below $0.55, XRP is currently trading above $0.60, with many industry participants predicting even
