FDIC vice chair Travis Hill did not spare his own agency in his assessment of current digital asset regulation. Bank customers and the United States economy could lose opportunities if a poor approach is taken to regulating blockchain technology, U.S. Federal Deposit Insurance Corporation (FDIC) vice chair Travis Hill told an audience at the Mercatus...Continue Reading
Bitcoin price is hitting back-to-back all-time highs, but a few indicators are suggesting that BTC is oversold. The crypto market displays strength as Bitcoin (BTC) price sets a new all-time high at $72,800 on March 11. Data from Cointelegraph Markets Pro and TradingView shows that BTC rose from an opening at $69,032, soaring 5.7% to...Continue Reading
Although plans for a shekel CBDC have been in place since 2021, no pilot tests have since carried forward. Israel’s central bank will support a new Israeli shekel central bank digital currency (CBDC) that has the option of bearing interest. In the March 11 announcement, the Bank of Israel outlined that its shekel CBDC will...Continue Reading
Traders’ strong appetite for leverage could be creating the perfect scenario for cascading liquidations. Bitcoin (BTC) soared above $72,000 for the first time ever on March 11, marking a 9.5% increase over the past week. The rally has seen significant volatility, highlighted by a 4.8% intraday rise to $70,055 on March 8, followed by a...Continue Reading
The development of “Open” could bring us one step closer to bringing the “Ready Player One” experience to reality. Futurverse Studios and Readyverse, the metaverse co-founded by Ready Player One author Ernest Cline and producer Dan Farah, launched the first official trailer for “Open,” a third-person battle royale video game. The new game was developed...Continue Reading
The world’s fourth-largest messaging app may look for a U.S. listing after its IPO. Investor offers have valued Telegram at over $30 billion. Telegram co-founder Pavel Durov gave his first interview since 2017 to talk about the messaging service’s future, and particularly its financial future. An initial public offering (IPO) is under consideration, he said....Continue Reading
The world’s largest crypto exchange continues to grapple with ongoing legal challenges, particularly in the United States. Binance continues to grapple with ongoing legal challenges, particularly in the United States. The exchange has already had a “near-mortal blow” after a June 2023 lawsuit from the United States Securities and Exchange Commission (SEC), forcing it to...Continue Reading
Since their inception in January, U.S. spot Bitcoin ETFs have attracted billions in inflows. Asset manager VanEck will reduce all sponsor fees to zero for the first $1.5 billion of funds in its Bitcoin Trust ETF until March 31, 2025. According to the March 11 announcement, the sponsor fee is levied at 0.20% of net...Continue Reading
Bitcoin is showing no signs of slowing down as demand for the spot Bitcoin ETFs remains robust. Can altcoins keep pace? Bitcoin (BTC) bulls are in no mood to let go of their advantage. They pierced the $70,000 mark on March 11, signaling continued demand from the traders. Bitwise chief investment officer Matt Hougan said...Continue Reading
Popular crypto YouTubers Austin and Aaron Aarnold share their tips to take the most out of the current bull market in an exclusive Cointelegraph interview. Bitcoin (BTC) is likely to experience a major correction around the Bitcoin halving scheduled for April, according to Aaron and Austin Arnold, the founders of the Altcoin Daily YouTube channel. ...Continue Reading
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