Tag: News

Elizabeth Warren Slams Mark Zuckerberg Over Reported Stablecoin Ambitions, Citing ‘National Security Threat’ — Meta Says No Such Plans

Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) raised concerns over Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg‘s potential stablecoin revival plans. What Happened: The Senators voiced their apprehensions to Zuckerberg in a letter on Wednesday, saying that reports of Meta’s pursuit of a stablecoin project raise “serious concerns.” The senators are worried that if large...
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Crypto Daybook Americas: Bitcoin Weathers Market Rout as Israel Hits Iran

By Francisco Rodrigues(All times ET unless indicated otherwise) Cryptocurrencies slid as Israeli airstrikes on Iran’s nuclear and missile sites roiled global sentiment and sent investors fleeing risk assets. The CoinDesk 20 Index (CD20), a measure of the broad crypto market, lost 6.1% over 24 hours, and bitcoin (BTC), seen...
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Walmart, Amazon Mull Dollar-Pegged Stablecoins in the U.S.: WSJ

Walmart (WMT) and Amazon (AMZN) are considering issuing their own stablecoins in the United States, according to a report by the Wall Street Journal. These corporate digital tokens, pegged to the U.S. dollar or other government-backed currencies, could dramatically reduce merchant fees and speed up payment settlements, disrupting the...
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Crypto Price Analysis June-13: ETH, XRP, ADA, SOL, and HYPE

This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum began the week on a strong footing by testing the $2,800 resistance following a 10% rally. However, this suddenly came to a stop in the past 24 hours after Israel bombed Iran. The...
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