On August 4, Russian President Vladimir Putin signed the “Digital Currency and Digital Rights Law,” effectively legalizing the nation’s first crypto regulation …
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Finance
How Will the Fed’s Hawkish Messages Affect Bitcoin? Experts Point to Liquidity Pressure! Here Are the Details
by shayaanby shayaanDespite the US Federal Reserve keeping interest rates unchanged, its continued “hawkish” stance on monetary policy could continue to put pressure on …
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Finance
Spot Bitcoin ETFs See Net Inflows of $32.1 Million, Ethereum ETFs Experience Outflows! Here Are the Details
by shayaanby shayaanSpot cryptocurrency exchange-traded funds (ETFs) traded in the US showed a different picture in terms of investor activity. According to SoSoValue data, …
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Finance
Full Details and Statement on the Fed’s Interest Rate Decision Released
by shayaanby shayaanThe Fed, as expected, kept its policy interest rate unchanged at 3.50-3.75 percent. Thus, the Fed did not change interest rates for …
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DeFi
Aave is Gradually Removing 75 Low-Utilization Reserve Assets from its Platform! Here are the Details
by shayaanby shayaanAave, a leading lending protocol in the decentralized finance (DeFi) sector, has announced a comprehensive restructuring process aimed at improving the platform’s …
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Regulation
Uncertainty Continues in Crypto Regulation, Clarity Act Bill Possible Delay! Here Are the Details
by shayaanby shayaanThe Senate vote on the CLARITY Act, which is expected to establish the legal framework for the cryptocurrency market in the US, …
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Institutional investors are increasingly viewing Strategy’s STRC preferred stock as a mainstream income product rather than a specialized cryptocurrency-linked investment. With a …
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Adoption
Australiau2019s Crypto Travel Rule Goes Live, Mandates Sender Details And Self-Custody Verification
by shayaanby shayaanAustralian cryptocurrency exchanges face a compliance overhaul from July 1 as the financial intelligence agency AUSTRAC enforces the long-planned travel rule. Starting …
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Investor confidence in the cryptocurrency market continues to weaken. The Crypto Fear & Greed Index fell to 12, indicating that an “extreme …
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Analysis
Bank of America Analyst Details Favorite Chips Trades, Including Nvidia, Credo and More – Here Are the Price Targets
by shayaanby shayaanA Bank of America Securities senior semiconductors analyst is bullish on multiple artificial intelligence (AI) chip companies despite the market’s correction. In …