As the Federal Reserve (Fed) starts to change course on interest rates, Tether and four other stablecoin issuers risk seeing $625 million in annual interest income melt away. This upheaval, revealed by a recent CCData report, highlights stablecoins’ reliance on U.S. Treasury bonds, a crucial pillar of their economic model.
The crypto landscape is on the verge of undergoing a major transformation in the United States. While digital assets have long evaded traditional regulatory frameworks, a new initiative from the U.S. Treasury and the Federal Reserve could change everything. By considering reclassifying cryptos as "currency" under the Bank Secrecy Act, U.S. authorities are sending a strong signal: the era of light regulation is coming to an end. This decision, which could be finalized by 2025, represents far more than just a legislative adjustment. It could reshape the future of the crypto industry by reaffirming the need for transparency and compliance, while challenging the very foundations of decentralization that have thus far defined this ecosystem.
American entrepreneur and investor Balaji Srinivasan has published an article in which he announces an astronomical debt crisis that would be inevitable. Are you ready for this financial tsunami of 175 trillion dollars?
The UEFA, the governing body of European football, has taken a significant step towards cryptocurrency. The organization is looking to attract sponsors from the Exchange industry for the 2024-2027 period of the prestigious Champions League. This serves as a strong signal for a promising union between crypto and sports.
Bitcoin continues to surprise. It breaks the $71,000 mark and surpasses silver, rising to the 8th rank among financial assets.
The price drop of Bitcoin does not affect its intrinsic value, which is based on its scarcity, security, and decentralization.
Chainlink (LINK) is taking off with crypto whales: +17% in just 24 hours, a strong sign for 2024. Details here!
Discover the impact of the Bitcoin halving on investors. Analysis of past events and anticipation of the crypto 2024 halving.
Kristalina Georgieva actively supports CBDC. She sees these digital currencies as a promising alternative to physical cash.
Discover the buzz around XRP crypto and BlackRock: speculations, blurry links, and legal risks. The details!
The BRICS have officially decided to leave the dollar. In the meantime, the question of the currency's use in settling international transactions seems to be a point of contention between the member countries. Here's what it's all about.
In a matter of minutes, the image of Brad Garlinghouse standing in front of the SEC headquarters with Ripple's General Counsel, Stuart Alderoty, went viral within the crypto community. The photo appears to highlight the ongoing tensions between Ripple and the SEC.
On the crypto market, Shiba Inu (SHIB) is making news today due to its skyrocketing burn rate in just 24 hours. A rise which is having a considerable impact on the price of the crypto as well as the crypto market in general.
In an ever-changing crypto market, Cardano's (ADA) resilience is proving exceptional. Benjamin Cowen, CEO of ITC Crypto, highlights the crypto's performance in the midst of a bear market.