Guggenheim Treasury Securities (GTS), a subsidiary of financial consulting firm Guggenheim Capital, has issued $20 million worth of Digital Commercial Paper (DCP) on Ethereum. The DCP received a P-1 credit rating from... Read more »
Key Takeaways China’s $140 billion stimulus could drive Bitcoin to surpass $70,000. Bitcoin’s technical breakout suggests a potential rally to new all-time highs. Share this article Bitcoin appears positioned for a potential... Read more »
The Hong Kong Monetary Authority (HKMA) has moved into Phase 2 of its e-HKD pilot program, expanding its exploration into tokenized deposits and e-HKD. With 11 groups of firms selected, the initiative... Read more »
According to several crypto analysts, altcoins are exhibiting a notable breakout, hinting at a potential shift toward an altcoin-dominated market phase. Analysts observed that the total market capitalization of altcoins is rising,... Read more »
Key Takeaways Celo’s transition to Ethereum L2 marks a significant network enhancement. Major stablecoins like USDC and USDT have expanded their presence on Celo in 2024. Share this article CELO, the native... Read more »
Bitcoin miners got a bit of a breather on Wednesday as the network’s difficulty dropped by 4.6% at block height 862,848. For the next two weeks, the process of finding a block... Read more »
Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry analysts are still divided on the direction Bitcoin... Read more »
Key Takeaways Solana’s transaction efficiency far surpasses Ethereum, offering a 3000% increase in processing speed and drastically lower fees. VanEck’s analysis suggests a significant market cap rise for Solana, potentially reaching 50%... Read more »
Congressman Tom Emmer sharply criticized U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler during a congressional hearing, questioning his leadership and approach to cryptocurrency regulation. “The SEC broke the law, your... Read more »
On Sept. 24, Bitcoin ETFs recorded a substantial inflow, totaling $136 million, driven primarily by BlackRock’s IBIT ETF, which saw an inflow of $98.9 million, marking the most significant movement of the... Read more »
