Tether Unveils New Gold-Backed Synthetic Dollar
Tether, the company behind the $110 billion stablecoin, announced on Monday the launch of Alloy,…
Month: June 2024
Bitcoin’s New Normal: Prices Over Five-Digits for 28% of Its Lifetime
Over the past week, bitcoin has declined by 4% against the U.S. dollar from June…
PlayDoge Meme Coin Hits New Heights with $4.5M Presale Raise, Analyst Forecasts Big Gains
PlayDoge (PLAY) is cementing itself as one of the most anticipated new meme coin launches…
Crypto Economy Shrinks, Over 3 Dozen Coins Record Double-Digit Losses
While the crypto market experienced a general decline, with bitcoin dropping 5.6% and ethereum falling…
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial…
Australian Securities Exchange (ASX) Approved Listing Its First Bitcoin ETF
Vaneck, a global investment firm, has announced the launch of the Vaneck Bitcoin ETF (VBTC),…
Japanese Regulator Issues Warning to Unregistered Crypto Platform Lbank Exchange
The Financial Services Agency (FSA) of Japan issued a warning to Lbank Exchange, an overseas…
Block Earner Co-Founder: Lack of Regulation Limits Australian Crypto Market to Token Sales Only
Regulation through enforcement often yields suboptimal outcomes for all stakeholders, including consumers, as it creates…
Putin Criticizes U.S. Dollar’s Lack of Gold Backing, Calls for Alternative Payment Systems
Russian President Vladimir Putin criticized the United States for its abandonment of the gold standard,…
Study: Crypto Market Participants Favor Meme Coins, Shun High-FDV Projects
Crypto market participants’ growing preference for character or celebrity meme tokens signals a growing disdain…
Ripple Legal Chief Countered SEC Allegations: No Victims to Compensate
Ripple’s chief legal officer has countered the U.S. Securities and Exchange Commission (SEC)’s allegations following…
SEC Chair Gary Gensler Envisions US Spot Ether ETFs Launching This Summer
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has indicated to lawmakers that he…
Former House Speaker Paul Ryan: Stablecoins Can Help Fight an Upcoming US Debt Crisis and China’s Growing Influence
Paul Ryan, a former speaker of the House of Representatives, has assessed the possible role…
Crypto Sector Secures $317M in Venture Capital Deals in Early June
With the first half of June concluded, there have been 37 venture capital deals and…
The State of Crypto Merchant Adoption in 2024
Merchants are increasingly adopting cryptocurrencies like bitcoin and ethereum, reflecting a growing trend towards digital…
