US Senate Bills Reject CBDCs Use as Money
States of Tennessee, Utah, South Carolina, and South Dakota have all introduced bills to discourage using central bank digital currencies (CBDCs) interchangeably with physical currency. On January 12, Tennessee State Senator Frank Niceley introduced a bill to the Senate. Money is a recognized and permitted medium of commerce under the Tennessee Uniform Commercial Code (UCC). […]
XRP Lawyer John Deaton To Witness Coinbase-SEC Showdown
Pro-XRP lawyer John Deaton will join Coinbase in its SEC lawsuit and foresees a pivotal moment that could alter the dynamics of the cryptocurrency industry. Pro-XRP lawyer John Deaton, who represents over 5,000 Coinbase customers, applauds as the preeminent crypto exchange Coinbase prepares to face the SEC in a federal courtroom challenge. Significantly, the legal dispute of considerable […]
ETH Price Overtakes BTC as Exchange Supply Hits All-Time Low
Ethereum surpasses a critical resistance level of $2,500 and is aiming for $2,700 as the upper limit of the short-term trading range. In contrast to the Bitcoin price, which has largely been consolidating since the ETF approval, Ethereum has been exhibiting robust upward momentum, effectively narrowing the gap with BTC. With a market cap of $308 billion, […]
Spot Bitcoin ETFs Reach $10B Trading Volumes in Record Time
According to James Seyffart, competition is a long-term journey and the recent debut of Bitcoin ETFs has been mainly successful. Spot Bitcoin ETFs have gotten off to a decent start since their introduction in the United States last week. James Seyffart, an ETF strategist at Bloomberg, says that within the first three days of their […]