The landscape of cryptocurrency in the US has been shaped by a series of high-profile enforcement actions, with regulators aggressively pursuing companies that have breached financial rules. The largest action to date was against FTX and its affiliate, Alameda Research, spearheaded by the Commodity Futures Trading Commission (CFTC). In August […]
Tag: US
Trump’s Election Odds Surge Amid Economic Policy Proposals From Harris
Recent developments in the U.S. presidential race show a significant shift in betting markets. According to Polymarket, former President Donald Trump’s odds of winning the upcoming election have surged to 53%, while Vice President Kamala Harris’s odds stand at 46%. This shift follows Harris’s recent announcement of her economic policies, […]
Binance Coin ($BNB) Rockets To 5-Month High In The Midst Of Lawful Disturbance
Binance Coin ($BNB) has made a great climb to a 5-month high, coming to $266. This surprising surge unfurls against the background of reports enumerating the difficulties involving Binance, the world’s biggest cryptocurrency exchange, as it wrestles with the US Justice Department’s pursuit of a significant settlement surpassing $4 billion. […]
Crypto Market Reacts Positively To August CPI Report
In the cryptocurrency space, where market sentiment often dances to the tune of economic indicators, the recent release of the August Consumer Price Index (CPI) report has caused a ripple of optimism. The data showed a 3.7% increase, slightly surpassing the expected 3.6% rise, while the Core CPI, which excludes […]
Crypto Trading Banks Occupy 74% Of Top 50 Global Banks
In 2023, the landscape of cryptocurrency trading within the world’s biggest banks is showing signs of evolution. While 74% of the top 50 global banks by assets under management have embraced crypto trading by connecting to regulated exchanges like Binance and Coinbase, they have yet to support retail crypto trading […]
UC Crypto Clarity To Advance After XRP Ruling
Caroline Pham’s remarks on the path to crypto regulatory clarity in the United States following Ripple’s partial victory highlight the significance of recent court decisions in shaping the regulatory landscape. The court opinions on the classification of crypto assets, particularly regarding the definition of securities, have provided important guidance and […]
Bitcoin Market Response To US CPI Report
The recent inflation report in the US indicates that inflation rose only by 0.2% in June, which can be seen as positive news for owners of equities, gold, and silver. Surprisingly, the impact of this Consumer Price Index (CPI) report on the cryptocurrency market, particularly Bitcoin, has been minimal so […]
The Role Of Cryptocurrency In Mitigating US Banks’ Deposit Flight And Transforming The Sector
Definitions: Bank deposit flight refers to a situation where a significant amount of funds is withdrawn from bank accounts, resulting in a decrease in the total deposits held by banks. It is characterized by a sudden and substantial outflow of money from customer accounts within a relatively short period of […]
The EU Goes Ahead Of The U.S In Crypto Adoption Regulations
The establishment of the legal framework for digital assets in the European Union (EU) through the Markets in Crypto-assets (MiCA) regulation is indeed a significant development for the crypto industry. It represents one of the world’s first comprehensive legislations specifically tailored to address the challenges and opportunities presented by digital […]
Here’s The Top 5 Ways The Cryptocurrency Industry Can Thrive Independent Of Acceptance In The U.S
With its decentralized nature and possibility for financial independence, cryptocurrencies have experienced substantial growth and acceptance in recent years. However, the United States has adopted strict cryptocurrency rules, which troubles those who are interested in cryptocurrencies. Despite these difficulties, the essential characteristics of cryptocurrencies allow them to function without US […]
Novel Coronavirus in the US: Kansas Schools Remain Closed This School Year
Finding ample and viable solutions to thwart the novel coronavirus outbreak is no easy feat. In the United States, the death toll keeps rising and more cities continue to go dark. Even the Las Vegas Strip is now completely dark during these troublesome times. Novel Coronavirus Countermeasures Increase That was […]
The US Needs to Step up its Novel Coronavirus Testing
Preventing the novel coronavirus from spreading further remains an ongoing challenge. Testing for the virus, especially in the US, is still a topic of substantial debate, even today. It is pertinent to perform ample novel coronavirus tests when people show potential symptoms. No Novel Coronavirus Improvements in Sight That is […]
The US now has Over 1,000 Novel Coronavirus Cases
As was to be expected, the number of coronavirus cases in the United States is on the rise. With over 1,000 cases now confirmed by official sources, finding proper solutions becomes all the more important. Over 1,000 people across the United States now show novel coronavirus symptoms. Novel Coronavirus Cases […]
Will US Lawmakers Allow a Crypto bank to Exist?
The concept of a crypto bank seems wrong on multiple levels. That being said, such a venture just might be launched in the US fairly soon. Caitlin Long is a relatively well-known name in the world of blockchain and digital assets. A US Crypto Bank Seems Rather Unlikely A firm […]
Layer1 Technologies Wants to Control 30% of the Bitcoin Mining Hashrate
Bitcoin mining has proven to be extremely centralized. Layer1 Technologies, an American firm, aims to change that narrative over the coming years. Most people may not be familiar with Layer1 Technologies just yet. An Ambitious Plan for Layer1 Technologies The company is only now rolling out its Bitcoin mining operation […]
US Officials Hint at Extra Regulation for Bitcoin
Various governments are still looking to actively regulate Bitcoin and cryptocurrencies. In the US, it appears that some new proposals aim to achieve that goal. With the Federal Reserve exploring the issuance of a CBDC, regulation isn’t too far behind. More Bitcoin Regulation in the US? What the new rules […]
Including U.S. Citizens in Your ICO or TGE
The current lack of clarity governing Initial Coin Offerings (ICOs) and cryptocurrency more broadly in the United States’ legal system has led some to consider whether including U.S. citizens in an ICO or Token Generation Event (TGE) opens a company to unnecessary liability. With ample investment opportunities outside of the […]
Healthcare Angel Investor Mary Jo Potter Discusses Blockchain in Healthcare
Mary Jo Potter is the founder and CEO of Healthcare Angels, an investment firm whose mission is connecting the highest potential entrepreneurs with strategic investments in the healthcare space. A core focus of the firm is projects that enable scalable technologies poised to shape the future of healthcare. As an […]