The Stand With Crypto political action committee claims that nearly nine in 10 Americans believe the financial system needs an overhaul.
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Zone’s layer-1 blockchain is purportedly Africa’s first decentralized, cross border, currency-agnostic payments solution.
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The international arm of New York-based Paxos will issue a U.S. dollar-pegged stablecoin that will not be available in the United States.
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Regulatory uncertainty and volatile macroeconomic events may weaken further upside in the BTC price in the near term.
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Coinbase is launching a smart wallet, streamlining the user experience by removing gas fees and recovery phrases. This innovation uses biometric identifications like Face ID and fingerprint scanning, integrated with major apps for seamless blockchain onboarding. It supports various networks including Ethereum and BNB Chain, promoting effortless multi-chain management.
The wallet’s companion web app offers tools for managing assets and identities, with capabilities to buy, send, swap, and handle non-fungible tokens. Promising a fluid user experience, Coinbase aims to make blockchain interactions as simple as logging into a favorite website.
Set to be available to current users in the coming months, this smart wallet not only advances ease of use but also underscores Coinbase’s commitment to removing barriers in cryptocurrency management and boosting blockchain adoption.
NFTs recorded a 54% drop in sales volume, from over $1 billion in April to $624 million in May.
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Operation Concatenate (OP_CAT) could be a game-changer for Bitcoin. But if its security risks are not diligently addressed, it could also undermine Bitcoin.
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Meme coin leader Dogecoin DOGE/USD has attracted the attention of crypto analysts predicting imminent price discovery.
What Happened: Cryptocurrency analyst Zer0 shared his insights about the behavior of Dogecoin during Bitcoin BTC/USD price discovery phases, noting that Dogecoin tends to stabilize around 80% below its previous all-time high during these periods. It is currently down 77% down from its May 2021 all-time high level.
“Study what happens with DOGE when BTC goes into Price Discovery…will start ripping once Bitcoin spreads its wings,” Zer0 stated.
The trader referenced the 2017 cycle, 2021 cycle and current cycle as examples, with charts showing DOGE rallies at the same time as…
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Turkey has dismissed levies on profits from stocks and cryptocurrencies but is exploring a transaction tax as part of efforts to regulate the tax on financial transactions.
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Franklin Templeton CEO Jenny Johnson recently expressed optimism about the growth of U.S. spot Bitcoin ETFs. Since their launch in January, these ETFs have seen significant inflows, totaling $14.8 billion, which in turn has fueled a 60% increase in Bitcoin’s price to a peak of $73,700. Despite a recent plateau in demand, Johnson foresees a surge as larger institutions begin participating more actively.
While most initial investments came from retail investors, representing around 80% of the new assets under management, major financial entities are beginning to show interest. According to Johnson, the next wave of adoption could be driven by professional money managers integrating Bitcoin into diversified portfolios. Franklin Templeton’s own Bitcoin ETF, although smaller with 6,148 BTC held, hopes to attract investors with the lowest permanent sponsor fee in the market at 0.19%.
Political and regulatory developments are also expected to enhance Bitcoin’s appeal. As Capitol Hill shows signs of embracing cryptocurrency, industry insiders like Bitwise’s CIO Matt Hougan predict new highs, powered by institutional adoption and political support.