US Inflation Eases With 0.1% Drop in June; Biden Faces Gas Reserve Accusations
The U.S. consumer price index (CPI) fell by 0.1% in June. The decline, primarily due to reduced gasoline prices, brought...
Month: July 2024
CFTC Chair Reaffirms Bitcoin and Ethereum as Commodities in Senate Testimony
TLDR CFTC Chair Rostin Behnam reiterated to the U.S. Senate that Bitcoin and Ethereum are commodities. A recent Illinois court...
Unstoppable Domains to Provide Web3 Sign-In to Pudgy Penguins Metaverse
Unstoppable Domains, a key player in Web3 domains and digital identity solutions, has announced an integration with Pudgy Penguins, enabling...
Enegix Global Builds Natural Gas-Powered 80 MW Crypto Mining Center in Brazil
Cryptocurrency mining company, Enegix Global, has announced the construction of a new 80 MW data center in Brazil, marking a...
Lithuania Fines Crypto Firm $10M for Russian Sanctions Violations
The Lithuanian Financial Crime Investigation Service (FNTT) has fined the crypto firm Payeer nearly 9.3 million euros ($10 million) for...
Tanzania Fintech Startup Nala Secures $40 Million via Series A Round
Tanzanian fintech startup Nala recently secured $40 million in a Series A funding round led by San Francisco-based venture capital...
Israel’s Digital Shekel Plans Hinge on ECB’s Digital Currency Move
The Bank of Israel (BOI) is exploring a central bank digital currency (CBDC), a digital shekel, to modernize Israel’s payment...
Bloomberg Analyst Discusses Solana ETF Deadline and Election Impact
A senior Bloomberg ETF analyst says the final deadline for the approve of solana exchange-traded funds (ETFs) by the U.S....
Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy
On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ)...
Trump to Address Bitcoin 2024 Conference in Nashville
According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential...
Federal Reserve Fines Citigroup $60.6 Million for Ongoing Risk Management Deficiencies
The U.S. Federal Reserve has imposed a $60.6 million fine on Citigroup for continued failures in its risk management and...
Bitwise CIO Predicts Bitcoin Surge to $100,000 Despite Current Price Dip
Bitcoin could reach $100,000 by the end of the year, according to Bitwise’s Chief Investment Officer Matt Hougan. Despite bitcoin...
Satoshi Protocol Secures $2 Million Seed Funding to Build Universal Stablecoin for Bitcoin
PRESS RELEASE. Satoshi Protocol, a pioneering project building a “universal” stablecoin designed specifically for the Bitcoin ecosystem, successfully closed a...
Cryptoquant Report: Bitcoin Whales Buy Aggressively as Price Hits 4-Month Low
Bitcoin’s recent price dip to a four-month low has triggered significant losses for new and large investors. This development, combined...
Grayscale Sets Record Date for Ethereum Mini Trust Distribution
Grayscale Investments has announced a record date of July 18, 2024, for the initial distribution of shares in the newly...
