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FSOC Calls for New Regulatory Framework on Stablecoins: Urgent Need for Oversight

December 9, 2024 by Arnold Potts

The rise of stablecoins, digital assets designed to maintain a relatively stable price, has caught the attention of policymakers around the world. In a recent report by the Financial Services Oversight Council (FSOC), concerns were raised about the potential risks that stablecoins …

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Tags Bitcoin, Cryptocurrency

Bitcoin MENA Conference 2024: 88 Countries Set to Join in UAE

December 8, 2024 by Arnold Potts

The Bitcoin MENA Conference, one of the world’s largest Bitcoin events, is set to take place on December 9-10, 2024, at the prestigious ADNEC center in Abu Dhabi, UAE. Organizers have announced that a total of 88 countries will be represented at …

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Tags Bitcoin

7 Reasons Why You Shouldn’t Sell Your XRP Yet: Analyst’s Insights

December 8, 2024 by Arnold Potts

Market participants in the cryptocurrency space are closely monitoring the XRP price as it has corrected following a recent parabolic rally. Analyst TheXRPguy has provided insights into why investors should hold onto their XRP coins and not rush to sell, suggesting that …

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Tags Cryptocurrency

NFT Market Booms: Ethereum Sales Surge 97% to $196.2m

December 8, 2024 by Arnold Potts

The non-fungible token (NFT) market has experienced a significant surge in sales, with total volume reaching $196.2 million, marking a 34.23% increase from the previous week. This growth comes amidst Bitcoin’s historic breakthrough, surpassing $100,000, and the continued rise in cryptocurrency prices. …

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Tags Bitcoin, ethereum, Solana

Flare Integrates XRP as FAsset on Songbird, FLR Surges 165% in One Month

December 7, 2024 by Arnold Potts

Flare, the blockchain network known for its focus on data, has made a significant move by adding XRP to its FAssets on the Songbird canary network ahead of its mainnet launch. This development is part of Flare’s initiative to introduce smart-contract functionality …

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Tags Cryptocurrency

Former NY Fed Chief Criticizes Trump’s Bitcoin Reserve as ‘Hardly Money

December 7, 2024 by Arnold Potts

Former New York Fed Chief Criticizes Trump’s Bitcoin Reserve Proposal In a recent op-ed published on Bloomberg, Bill Dudley, the former chief of the New York Federal Reserve, expressed strong criticism of Donald Trump’s proposed federal Bitcoin reserve. Dudley warned against holding …

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Tags Bitcoin

VeChain (VET) Soars to Two-Year High: Will 2025 Bring a New All-Time High?

December 7, 2024 by Arnold Potts

VeChain (VET) has recently made headlines in the cryptocurrency world by hitting a two-year high of $0.7261. This marks a significant milestone for the asset, as it last traded above the $0.07 mark back in April 2022. What’s even more impressive is …

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Tags Cryptocurrency

Archax and XDC Network Collaborate to Boost RWA Tokenization in Financial Markets

December 6, 2024 by Arnold Potts

Archax, a digital securities exchange and custodian regulated by the Financial Conduct Authority, has announced a partnership with layer-1 blockchain XDC Network to accelerate the tokenization of real-world assets (RWAs). The collaboration, revealed on December 5, aims to utilize regulated digital assets …

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Tags Cryptocurrency

The Rise and Fall of Algorand: A Closer Look at the Crypto Market Movements

December 6, 2024 by Arnold Potts

The cryptocurrency market has been experiencing a mix of highs and lows, with some coins reaching all-time highs while others are still waiting for their moment to shine. One such coin that has recently seen a rollercoaster ride is Algorand (ALGO), which …

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Tags Cryptocurrency

Bitcoin Hits $100K Milestone: CZ Says “No Profit” but Everything Cheaper Now

December 6, 2024 by Arnold Potts

The cryptocurrency world is abuzz with excitement as Bitcoin has reached a historic milestone, surpassing the $100,000 price point for the first time ever. In a remarkable surge of 9.25% within just 24 hours, Bitcoin soared to a new all-time high of …

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Tags Bitcoin
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