North Carolina House passes bill to commission study on holding Bitcoin

The study would examine the possible impact of holding crypto and how the state would custody digital currency. News Join us on social networks A bill that would see North Carolina’s Department of State Treasurer study the feasibility and benefits of the state holding Bitcoin (BTC) has passed the lower house of the General Assembly. …

Major US banks get passing grade in ‘severe recession’ stress test

America’s central bank has been stress-testing retail banks in the wake of several high-profile banking collapses earlier this year. News Join us on social networks The United States Federal Reserve has determined that all 23 of the country’s largest banks would be able to survive a severe recession following its “stress tests.” The report issued …

Global CBDC Rollouts Will Give Governments Massive Control and Power, Warns Cato Institute President

Central bank digital currencies (CBDCs) are the ultimate trojan horse for citizens around the world, according to Peter Goettler, president of the Cato institute. Goettler, who has been president and CEO of the libertarian think since 2015, says CBDCs are a direct response to rise of cryptocurrencies. “Cryptocurrencies also provide the ability to transact outside …

BlackRock lauds AI as ‘mega force’ to drive returns

AI could prove to be a boon for investors looking for gains in today’s “unusual” market. News Join us on social networks Global investment titan BlackRock, which manages some $10 trillion in assets, has declared artificial intelligence a “mega force” that could create significant returns for investors in today’s “unusual” market. In its mid-year outlook …

Canadian lawmakers publish recommendations in support of blockchain adoption

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

FTX sues ex-compliance officer Daniel Friedberg

What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage your wallet connection, click the button below. Oops…you must lock a minimum of 20,000 ACS If you don’t have enough, buy ACS on …

JPMorgan Chase Is Hiding Bombshell Emails on Bank’s Relationship With Jeffrey Epstein, Alleges Former Banking Big Wig

A former big wig banker is accusing JPMorgan Chase of hiding a cluster of bombshell emails about the financial giant’s relationship with Jeffrey Epstein. James Staley’s attorney is asking a federal judge to compel JPMorgan to hand over in-house emails that will allegedly prove the bank knew about Epstein’s criminal behavior, reports RadarOnline, citing newly …

Analyst Predicts Rallies for Chainlink, Updates Outlook on Polygon, Floki and One Additional Altcoin

A closely followed crypto analyst is unveiling his forecast for a handful of altcoins including Chainlink (LINK), Polygon (MATIC) and Floki (FLOKI). Trader Michaël van de Poppe tells his 659,400 Twitter followers that he’s bullish on the decentralized oracle network Chainlink. According to Van de Poppe, he’s looking for LINK to rally to $8 as …

Bitcoin Takes The Crown: Market Cap Dominance Soars Above 58%, Highest Level Since 2021

Bitcoin (BTC) has again taken center stage in the cryptocurrency market as institutional interest surges. This interest has been spurred by major financial giants such as BlackRock, Fidelity, and Ark Invest, who have applied with the U.S. Securities and Exchange Commission (SEC) to launch a spot Bitcoin Exchange Traded Fund (ETF).  According to Coin Metrics, …

Sui Foundation Refutes Claims Of Dumping Locked Staking Rewards On Binance

The team behind the Sui network and its native SUI token has taken to Twitter to deny allegations of selling locked staking rewards on Binance. Word on the street is that the team moved a huge amount of locked staking rewards and dumped them on Binance to cash in. Sui Foundation Denies Selling Locked Staking …

Bitcoin Reaches Longest Stretch Ever Without A Bull Run

Bitcoin is known for its explosive price movements — both bullish and bearish. However, Relative Strength Index data suggests the top cryptocurrency by market cap has gone the longest stretch ever without a bullish impulse. Just how long has it been since the last time BTCUSD was fully bullish? And how does this data compare …

Bitcoin Poised For Potential Major Buy Signal In July

Spurred by the recent flood of spot Bitcoin ETF applications from Blackrock and Fidelity among others, Bitcoin vaulted impressively up to the $30,000 area where its momentum has stalled in recent sessions. While many analysts and traders routinely acknowledge the significance of the $30,000 level as a key resistance area, Bitcoin’s move back above its …

Solana Faces Resistance Yet Traders May Find Buying Opportunities Here

The price of Solana (SOL) has experienced consolidation in recent trading sessions, particularly in light of Bitcoin’s inability to trade at $31,000. SOL remains below a significant resistance level that the bulls have struggled to overcome for several weeks. On the daily chart, SOL has depreciated by 1.4%. On the weekly chart, the price has …

Hester Peirce: US crypto laws can’t assume ‘everything is a financial asset’

SEC commissioner Hester Peirce discussed a possible U.S. crypto legal framework, giving a reminder that not all uses are financial. News Join us on social networks Cryptocurrency laws in the United States should be “reserved” and not regulate the technology as though every use is financial, argues a commissioner at the U.S. Securities and Exchange …

Italy’s central bank calls for framework to prevent stablecoin runs

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.” News Join us on social networks Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run” on stablecoins. The central …

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