Cardano and Chainlink partnership aims to build a versatile oracle framework not limited to a single ecosystem, potentially boosting decentralized finance capabilities. Cardano founder Charles Hoskinson emphasized that the framework must support multiple chains to ensure cost-effectiveness and broader adoption. A potential partnership between Carda
Unlocking the Potential: GameStop Embraces Cryptocurrency
The world of cryptocurrency is abuzz with excitement as business GameStop embraces the ‘orange pill’ phenomenon. This move further solidifies the company’s commitment to embracing the digital currency revolution. GameStop’s decision to delve into the realm of digital assets demonstrates their forward-thinking approach to business growth and diversi
U.S. Government Moves 97 BTC and 884 ETH—What’s Behind the Transfer?
The U.S. government transferred $10.23 million in Bitcoin and Ethereum, potentially linked to crypto consolidation strategies. Following the transfer, Bitcoin’s volume increased by 15%, while Ethereum’s rose by 12%, stirring market anxiety. On March 28 at exactly 5:51 PM EST, the U.S. government quietly moved a combined total of $10.23 million in B
New South Carolina Bill Proposes State Treasurer to Allocate 10% of Funds to Bitcoin Investments
Bitcoin Magazine Proposed South Carolina Bill Allows State Treasurer to Allocate 10% of State Funds in Bitcoin Recently, Representative Jordan Pace has reintroduced Bill H. 4256, known as the “Strategic Digital Assets Reserve Act of South Carolina,” to the House of Representatives in South Carolina. This bill proposes that the State Treasurer be al
Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin
Bitcoin Magazine Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin Yesterday, Rep. Jordan Pace reintroduced Bill H. 4256, The “Strategic Digital Assets Reserve Act Of South Carolina”, into South Carolina’s House of Representatives. Highlights from the bill include the fact that it enables the State Treasurer to
FDIC and CFTC Relax Crypto Regulations for Banks and Derivatives in the US
The Federal Deposit Insurance Corporation (FDIC) and the Commodity Futures Trading Commission (CFTC) have recently announced steps to relax regulations on cryptocurrency for banks and derivatives trading. This move signals a shift in the regulatory landscape, aiming to foster innovation and growth in the digital asset space. By easing restrictions
Ethereum Price Hits 300-Week MA For The Second Time Ever, Here’s What Happened In 2022
Ethereum has once again fallen below the $2,000 mark, a psychological level it had briefly reclaimed earlier this week. The market-wide correction over the past 24 hours has weighed on Ethereum’s recovery momentum, and the leading altcoin has seen a dip in sentiment that could lead to a deeper decline or a sharp mid-term rebound. […]
FDIC Confirms Banks Can Dabble in Bitcoin and Cryptocurrency Without Needing Prior Approval
Bitcoin Magazine FDIC Declares That Banks Can Engage in Bitcoin and Crypto Without Previous Authorization The Federal Deposit Insurance Corporation (FDIC) has recently released new guidance that permits the banks under its supervision to actively participate in bitcoin and cryptocurrency operations without needing prior approval. This marks a signi
Report: Donald Trump Grants Pardons to Three BitMEX Co-Founders
After the recent presidential pardon frenzy, speculation is swirling around whether former President Donald Trump will grant clemency to the founders of BitMEX. This popular cryptocurrency exchange made headlines for alleged violations of anti-money laundering regulations. With a cloud of legal troubles hanging over their heads, the BitMEX founders
FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval
Bitcoin Magazine FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval The Federal Deposit Insurance Corporation (FDIC) has issued new guidance allowing banks it supervises to engage in bitcoin and crypto activities without seeking pre-approval. This reverses a controversial policy imposed under the Biden administration. In a Marc