Crypto

Source: Bitcoinist Cardano is at the center of fresh speculation after reports emerged that Elon Musk—now heading the newly formed Department of Government Efficiency (DOGE)—is exploring blockchain technology to streamline federal operations. According to sources cited by Bloomberg, Musk has suggested that a digital ledger could offer a cost-efficient mechanism for tracking federal spending, securing…

Source: Coin Tegraph Russian brokerage Finam will offer structured notes tied to BlackRock’s Bitcoin ETF, targeting qualified investors amid unclear crypto regulations in Russia. Read Full Article

Source: Bitcoinist Earlier today, CBOE BZX Exchange filed for 21Shares to stake its spot $ETH exchange-traded fund (ETF), sparking optimism of a crypto bull run. If approved, 21 Shares would break new ground, so it’s not surprising that the 24-hour trading volume for $ETH has shot up by ~35% alongside the news spreading.  Reason for…

Source: Coin Tegraph Bitcoin wallets hit a five-month low as retail investors sell, while whales accumulate billions, and institutional outflows continue amid global economic uncertainty. Read Full Article

Source: Bitcoinist After the news of the Securities and Exchange Commission (SEC) and Binance’s request to halt their legal battle, some believe other crypto litigations will be next. However, Coinbase’s “unique” situation could shed some light on the regulatory agency’s new crypto approach. Coinbase To Follow SEC Vs Binance’s Steps? Following the news of the…

Source: Coin Tegraph Several analysts are anticipating massive XRP price gains as the market grows more optimistic about a spot XRP ETF approval in the United States. Read Full Article

Source: Bitcoinist A new era of cryptocurrency regulations is about to be unveiled as a commissioner of the US Securities and Exchange Commission (SEC) confirmed that the agency would move in the opposite direction of its strict oversight policies. SEC Commissioner Hester Peirce said that the regulatory body under the Trump administration would take a…

Source: Coin Tegraph Generative AI is making scams more scalable and affordable for bad actors to conduct, making them more sophisticated as they leverage the new technology. Read Full Article

Source: Bitcoinist US-based investment management firm ARK Invest’s CEO, Cathie Wood, predicts that Bitcoin (BTC) is on track to reach $1.5 million by 2030. In a recent YouTube video, Wood stated that despite the market’s temporary pullback, the odds of BTC hitting this ambitious price target have increased. Wood Doubles Down On Bitcoin After a…

Source: Coin Tegraph Community members celebrated as the Ethereum Foundation deployed 45,000 ETH to decentralized finance protocols Aave, Spark and Compound. Read Full Article