The DLT Science Foundation (DSF) has announced its support for the launch of the MiCA Crypto Alliance, which includes Hedera, Ripple, and Aptos Foundation as founding members. This new association aims to facilitate compliance with the European Union’s Markets in Crypto-Assets (MiCA) regulation, set to take full effect by the end of this year
BlackRock Releases a New Report, “Bitcoin: A Unique Diversifier”
Asset management giant BlackRock, with over $10 trillion in assets under management, has published a new report touting Bitcoin as a unique portfolio diversifier. This marks the latest embrace of Bitcoin from the world’s largest asset manager. JUST IN: 🇺🇸 $10 TRILLION financial Giant BlackRock released a full report on #Bitcoin, saying itR
Crypto-Backed Mortgages: The Future of Real Estate Financing?
Crypto-backed mortgages are redefining real estate financing by allowing borrowers to use their cryptocurrency holdings as collateral. This opens new opportunities for those with significant digital assets but non-traditional financial backgrounds. The post Crypto-Backed Mortgages: The Future of Real Estate Financing? appeared first on Coinbackyard
Cardano Whales Miss 20 billion Transaction Mark; ADA Price Under Pressure
Two days ago, Cardano (ADA) seemed poised for a rally toward $0.40. However, the momentum faded as crypto whales pulled back. While ADA’s long-term potential remains strong, short-term indicators suggest a less optimistic outlook. Source: https://dailyhodl.com/2024/05/01/cardano-whale-signal-historically-correlated-with-price-reversals-flashes-gre
New California Laws Ban Political Deepfakes During Elections
California is taking steps to protect elections from the rising threat of artificial intelligence (AI)-generated deepfakes.
S&P 500 Sets Record Ahead of Fed Decision
As shown by the S&P 500 index chart (US SPX 500 mini on FXOpen), yesterday’s trading saw the index hit a new intraday high of 5,678.9, surpassing the previous record of 5,677.5 set on 16 July. However, the bulls were unable to maintain this historic peak, which is a negative sign, suggesting the possibility of […]
Market Analysis: EUR/USD Strengthens While USD/CHF Faces Hurdles
EUR/USD started a fresh increase above the 1.1050 resistance. USD/CHF declined and now struggling below the 0.8500 resistance. Important Takeaways for EUR/USD and USD/CHF Analysis Today · The Euro surged after it broke the 1.1050 resistance against the US Dollar. · There is a connecting bullish trend line forming with support near 1.1125 on the [&h
Major Currency Pairs Retreat Ahead of Fed Meeting
Investors and market participants are eagerly awaiting today’s Fed meeting, as experts predict the US regulator is likely to cut the base interest rate for the first time in four years. Inflation shows a steady decline, and the labour market is slowing down. In these conditions, the rate cut is already priced in, and the […]
Crypto Betting Platforms Face CFTC Scrutiny as 2024 Election Nears
The Commodity Futures Trading Commission (CFTC) is heightening its focus on offshore cryptocurrency betting platforms like Polymarket.
Bitwise CIO: Ethereum’s Slump is Not Critical, Contrarian Bet May Hold Potential
Matt Hougan, Chief Investment Officer at Bitwise, recently wrote that despite Ethereum’s recent underperformance—with the ETH/BTC ratio hitting a three-year low—and challenges such as regulatory risks, increased competition from new chains like Solana, and issues related to token economics, Ethereum’s fundamentals remain robust. Currently, Ethereum