One of the most popular meme tokens, Shiba Inurecorded another all-time high after May 11. Shiba Inu reached its new peak at $ 0.00003940 after its price increased by 42% in just two days.
Avalanche Founder: Adoption of Stablecoin Will Trigger the Success of the Crypto Industry
The founder of Avalanche believes that DeFi and the crypto ecosystem will truly succeed when stablecoins lead the global marketcap.
40% of Young Americans Feel Confident Investing In Cryptocurrencies
According to the study, young American citizens know and invest in the digital asset market much more than older age groups.
A Cryptocurrency-Friendly Future For Australia, Senators Propose New Regulations
The Australian senate committee has submitted 12 proposals to change the current license, regulations on crypto assets, as well as taxation laws. Deputies believe that Australia can take the lead in the digital economy if the laws are amicable.
Over 600,000 Ethers Burned Since EIP 1559 Activation
Since Ethereum Improvement Proposal 1559 was activated on August 5, 2021, the total value of Ether burned has exceeded $2.5 billion.
G7 Finance Ministers Reach Agreement on CBDCs
The financial leaders of the G7 countries have agreed on 13 public policy principles for central bank digital currencies (CBDCs) in a move that could pave the way for greater adoption of CBDCs in the world's leading economies. According to a statement from the US Treasury Department, the principles of public policy will be based on transparency, sound economic governance and respect for the rule of law.
Goldman Sachs: DeFi Has Advantages Over Traditional Finance
The report said that DeFi could be accessed more easily by the population without access to the bank and provided faster solutions for users, but this is still a work in progress.
Walmart Has Installed 200 Bitcoin ATMs in Its Stores
The retail giant has launched a pilot program that adds Bitcoin ATMs to some of its locations. Walmart customers will now also be able to purchase crypto currency from Walmart stores.
According to digital asset fund manager CoinShares, crypto investment products saw record inflows of $1.47 billion last week, with Bitcoin accounting for 99% of inflows. The total crypto assets under management also reached a new peak with $79.2 billion.
US SEC Could Gain Authority Over Stablecoins
A forthcoming report from the U.S. Treasury and other regulators could give the SEC new authority over stablecoins. Under the continuing regulations, stablecoins could face some of the same rules that bank deposits currently face. The SEC has suggested that stablecoins carry risks despite their goal of maintaining a price peg.
Mastercard Will Enable Merchants on Its Network to Offer Crypto Products and Services
Payment giant Mastercard has formed a partnership to allow its partners and merchants in the United States to provide cryptocurrency solutions, including buying, selling, and holding cryptocurrencies.
The Public Pension Fund Plans to Invest in Bitcoin-related Products
One of the largest pension funds in South Korea, the $40,000,000,000 Korea Teachers Loan Fund (KTCU), plans to invest in various Bitcoin (BTC) exchange-traded funds (ETFs).
Shiba Inu Transaction Volume Exceeds Ethereum Transaction Volume
According to the Watcher Guru, in the last 24-hour period, SHIB trading volume has surpassed Ethereum. The coin's trading volume has exploded along with interest in it and its price, which has recently reached an all-time high.
American Express CEO Says He Sees Crypto as Gold
Stephen Squeri, American Express CEO, said during his appearance at Yahoo Finance that he considers crypto to be a gold-like asset class.
Data Suggests Latest Bitcoin Correction Was Driven By Short-Term Holders
CryptoQuant, on-chain data indicated that sales from short-term holders may be the driving force behind the recent correction.
Tesla May Start Accepting Bitcoin Again
In its latest application to the Securities and Exchange Commission, Tesla, the largest manufacturer of electric vehicles, stated that they do not sell Bitcoins and may start accepting them again for payments.
The Decentralized Finance (DeFi) sector continues to strengthen in October after a month-long market recession. The latest data shows that it has reached all-time highs in terms of liquidity locked in these protocols.
Valkyrie to Apply For a Leveraged Bitcoin futures ETF
Four days after the Bitcoin futures exchange-traded fund made its debut on Nasdaq, Valkyrie Investments has filed for a leveraged Bitcoin futures ETF this time.
US Regulators to Examine How Banks Could Hold Bitcoin
According to a Reuters report, the head of the Federal Deposit Insurance Corporation (FDIC), Jelena McWilliams, claims that regulators in the country are exploring a "clear path" to allow banks and customers to hold Bitcoin and other cryptocurrencies.
Ethereum Gets Closer to 2.0 with the Beacon Chain’s Altair Upgrade
The first update of Beacon Chain in the next 48 hours is Altair upgrade will take place. The first preparation for the “Merge,” which will take place for the transition to ETH 2.0, will begin with this upgrade.
Bank of Spain Issues Registration Guidelines For Crypto Services
All individuals and institutions in the country, including banks, will have to sign up using the new anti-money laundering registry of the Bank of Spain.
Vitalik Buterin: Layer 2 Is the Future of Ethereum Scaling
While making a speech at the 2021 Shanghai International Blockchain Week, Ethereum co-founder Vitalik Buterin said that Layer 2 was the future of Ethereum scaling and the only way to safely scale the network while preserving decentralization.