FED Raises Rates Once More: Bitcoin Crash Or Bull Run?
Bitcoin discussions exploded in the hours following the Fed’s interest rate increase, and BTC prices approached $30,000 in minutes. The US Federal Reserve announced a 25 basis point increase in interest rates on Wednesday, July 26. Almost immediately after that, Bitcoin and the broader crypto market turned green, with the BTC price approaching $30,000. BTC […]
US House Panel Approves First Crypto Regulatory Framework Bill
On Wednesday, July 26, the US House panel approved the legislation by crypto advocates to set up clear regulatory rules in the country. The House Financial Services Committee approved the Republican-led bill by a vote of 35 to 15, with some Democrats also voting in favor. North Carolina’s chairman, Patrick McHenry, praised both the legislation […]
Sam Altman Speaks on Worldcoin Success, Jack Dorsey Reacts
On Day 3, Sam Altman expressed joy regarding the strong enthusiasm for Worldcoin. Industry players caution users about IRIS scanning. It has been three days since OpenAI director Sam Altman announced the WLD project. Worldcoin is a one-of-a-kind cryptocurrency initiative that uses an “orb” device to detect people’s eyes to generate their digital identities. This […]
Ripple Partner Volante to Take FedNow Global After Regulation
The Federal Reserve of the United States has officially launched the FedNow Service for domestic remittances FEDNOW, the Federal Reserve’s real-time gross settlement system, has been formally launched in the United States and began with only domestic transactions. This achievement represents a substantial improvement to the nation’s payment system. Volante Technologies, a Ripple client and […]
Binance Offers Zero-Maker Fee Promotion For FDUSD
The First Digital Group’s FDUSD stablecoin is now listed on the Binance exchange with no transaction fees. Last month, First Digital Group, which comprises First Digital Trust, a registered trust company headquartered in Hong Kong, announced its First Digital USD (FDUSD) stablecoin pegged to the US dollar. Binance, the world’s largest cryptocurrency exchange by trading […]