Month: November 2024

Asian investors trade overnight to catch the Trump-fueled Bitcoin surge, China accelerates digital yuan push: Asia Express...

Paul Giordano, vice president of digital assets at MARA, shared his perspective on the European Union’s upcoming Markets in crypto-assets (MiCA) regulation. MiCA aims to set clear guidelines for the cryptocurrency industry across the EU. As MiCA nears its December implementation, Giordano expects it to bring challenges and benefits...

Billionaire hedge fund manager Scott Bessent is reportedly positioning himself as the leading candidate for Treasury Secretary under a Donald Trump administration. Matthew Pines, Director at SentinelOne and National Security Fellow at the Bitcoin Policy Institute, shared an article from the Financial Times on X, highlighting Bessent’s ambitions. Trump’s...

Donald Trump‘s election win is expected to impact the regulatory landscape for cryptocurrencies, with industry experts advocating for clear, global policies to support mainstream crypto payments. With the potential for regulatory change under Trump’s administration, experts tell Benzinga that clear regulations and technological advancements are essential for building consumer...

In the vibrant realm of cryptocurrency, some projects shine brightly for their innovation and potential for remarkable returns. Among them, ETFSwap (ETFS) is creating a buzz with its audacious target of a 37,000% surge by 2025, prompting investors to compare it to established tokens like the Cardano price, the...

The crypto industry has been riddled with intense activity in the past few weeks, coinciding with a run before and after the US elections. Much of the activity has been centered on the Bitcoin price, although spilling over into other cryptocurrencies.  The Bitcoin price first broke above $70,000 in...

Blockchain technology could redefine traditional financial processes, according to Paul Giordano, vice president of digital assets at MARA. Giordano, scheduled to speak at the upcoming Benzinga Future of Digital Assets event, emphasized the potential for efficiency in areas such as cross-border payments and transaction clearing. He also outlined challenges,...

The California Department of Financial Protection and Innovation (DFPI) has taken decisive action against BlockFi Lending LLC by revoking its California Financing Law license. This move comes in response to multiple violations identified by the regulatory body. What Happened: The regulatory agency announced its decision on Thursday. The DFPI’s...

Financial stocks have surged ahead of tech in year-to-date performance, fueled by a Trump-led rally on Wednesday that lifted banks and brokers amid investor expectations of a deregulation-friendly political landscape ahead. The Financial Select Sector SPDR Fund (NYSE:XLF) has risen by 30% in 2024, outpacing the Technology Select Sector...

Over the past 24 hours, Mantle’s (CRYPTO: MNT) price has risen 14.54% to $0.68. This continues its positive trend over the past week where it has experienced a 12.0% gain, moving from $0.60 to its current price. As it stands right now, the coin’s all-time high is $1.54. The...