The Bank of England (BoE) is reconsidering parts of its proposed regime for pound sterling stablecoins after digital asset companies warned that holding caps and reserve requirements could stifle adoption and make UK-issued tokens uneconomic. The central bank is looking at alternatives to temporary caps on how many stablecoins individuals and businesses can hold, and …
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Digital asset infrastructure company BitGo reported a wider first-quarter net loss as Bitcoin treasury mark-to-market losses and IPO-related expenses outweighed stronger client growth and a year-over-year jump in revenue. Revenue for the quarter ended March 31 was $3.8 billion, up from $1.8 billion a year earlier, driven by higher digital asset trading activity and growing …
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A crypto strategist known for making timely Bitcoin calls is warning that BTC may have a sudden correction after returning to the $70,000 range. The pseudonymous trader Cheds tells his 50,500 YouTube subscribers that Bitcoin is facing strong resistance and may enter a downtrend, unless BTC can flip $85,000 into support. The analyst believes Bitcoin’s …
US President Donald Trump is reportedly considering pardoning 250 people to commemorate the country’s 250th birthday on July 4, according to The Wall Street Journal. An official announcement could come on June 14, Trump’s birthday, or during the Independence Day event on July 4, the WSJ reported Thursday, citing people familiar with the matter. However, …
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A New York judge has delayed a decision on Aave’s emergency bid to unfreeze $71 million worth of crypto tied to victims of the $293 million Kelp DAO hack, asking for additional information ahead of a new hearing in June. Aave has sought to use $71 million in ETH that Arbitrum froze to assist with …
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Bitcoin company Nakamoto saw a 500% quarter-on-quarter increase in Q1 revenue after completing two key strategic acquisitions in February aimed at expanding its footprint across the Bitcoin ecosystem. Despite recording a $238.8 million net loss, Nakamoto CEO David Bailey said Wednesday that Q1 “marked a transformational period” for the company as it closed the acquisitions …
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Bitcoin is at risk of falling into a downtrend after its price hit a key historical “major bear market resistance level” based on its 200-day moving average, according to the crypto analytics firm CryptoQuant. The cryptocurrency hit its 200-day moving average of $82,400 after rallying over six weeks since early April when it fell to …
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Major US banks and financial market intermediaries expect the transition to a digitized financial system to start slowly, then hit a tipping point at which it accelerates, according to credit rating agency Moody’s Ratings. In a report Tuesday, the agency said that, during conversations with US banks and other financial market intermediaries, most viewed the …
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A Bitcoiner’s post has gone viral on X after he claimed to use Anthropic’s AI chatbot Claude to recover five Bitcoin worth about $320,000 that he had been unable to access for more than a decade. In an interview with MTS on Wednesday, pseudonymous X user Cprkrn said he created “really complicated passwords” on blockchain.info …
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Just 4% of Americans surveyed say they would weigh a political candidate’s stance on crypto policy in deciding who to vote for. Affordable housing, consumer fraud protection and lower bank fees were the top three issues respondents said they wanted Congress to tackle, according to a survey of 2,035 US adults released on Wednesday by …
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A crypto analyst has set multiple bullish price targets for Dogecoin (DOGE), predicting a strong, sustainable rally to the highly anticipated $1 milestone. The analyst has shared technical chart patterns to back his optimistic forecast. However, he still believes that a critical catalyst is needed to propel Dogecoin to these higher levels. His analysis shows …
A DeFi advocacy group has warned about a list of proposed amendments to the long-awaited crypto market structure bill that threaten the sector’s developers and hinder innovation in the US. Related Reading CLARITY Act Amendments Could Harm The DeFi Sector On Wednesday, the DeFi Education Fund (DEF) shared a list of 16 “anti-DeFi amendments” to …
XRP is holding above $1.45 as the market enters a pivotal week shaped by Thursday’s Senate Banking Committee vote on the CLARITY Act — legislation that carries direct implications for XRP’s regulatory standing and the broader framework governing digital assets in the United States. The price is constructive, and an Arab Chain analysis tracking Binance …
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My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in …
Continue reading “XRP Firm Position Above $1.38 Could Open The Door For Another Leg Up”
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this …
Continue reading “Hyperliquid (HYPE) To $100? Expert Forecasts Major Rise Before Summer 2027”
