Month: November 2024

Dogecoin (CRYPTO: DOGE) is predicted to rebound from its correction after a strong pump to $0.40. What Happened: Investors have decided to withdraw the $258 billion class-action lawsuit filed against Elon Musk in 2022, which alleged market manipulation through social media posts. The withdrawal is pending approval by U.S....

In a compelling endorsement of Bitcoin (CRYPTO: BTC), Bernstein analysts assert that being long on the leading cryptocurrency aligns investors with what they term as “the right side of history.” What Happened: Their latest report outlines Bitcoin’s robust trajectory, citing regulatory, institutional and macroeconomic catalysts driving its unprecedented growth....

Polygon Labs anticipates public blockchain technology becoming essential to global financial systems, offering unmatched affordability and liquidity. However, regulatory challenges, particularly around privacy, continue to create obstacles for institutional adoption. Regulatory Challenges in Blockchain Integration According to Colin Butler, global head of institutional capital at Polygon Labs, regulatory concerns...

Over the last few days, the newly elected US President Donald Trump has filled a number of positions in his new cabinet, although the most important position for the Bitcoin community—the Secretary of the Treasury—remains open. The role of Secretary of the Treasury could be decisive for the establishment...

With the broader stock market flirting with record territory once again, the bulls seem to be in control for the moment. As of mid-October, the S&P 500 index has advanced 22.4%, fueled by technology stocks like Nvidia (NASDAQ:NVDA) that are leading the generative AI race. Furthermore, even the Dow...

Tidus, a decentralized wallet platform focused on simplifying decentralized finance (DeFi), has integrated the Wormhole-powered Mayan Swift SDK to streamline cross-chain transfers. What Happened: The integration allows users to move stablecoins such as USDC (CRYPTO: USDC) and USDT (CRYPTO: USDT), along with native tokens ETH and SOL, between the...

As the U.S. anticipates a more crypto-supportive Congress, potential shifts in digital asset regulation are gaining attention. Sandra Ro, CEO of Global Blockchain Business Council (GBBC), expects that the Stablecoin bill may be a priority among proposed crypto-related legislation. In a recent discussion, Ro expressed both “relief” and “excitement”...

Coinbase CEO Brian Armstrong has proposed eliminating individual income taxes in the U.S., suggesting a radical shift in the tax burden to businesses and alternative revenue sources like sales taxes. What Happened: Armstrong’s call, shared in a series of tweets on Sunday, aligns with his broader vision for reducing...

Shiba Inu (CRYPTO: SHIB) experienced a weekend price correction erasing the gains from the previous week, but rising burn rates and bullish chart signals suggest an impending rally for the meme coin. What Happened: After burning 290,321 tokens, Shiba Inu’s burn rate soared 6,223.7% in the past 24 hours...

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