Altcoin News

BTC price shirks US PCE inflation win as Bitcoin $42K buyers step in

• by admin
• December 24, 2023

Bitcoin is not in the mood for another breakout attempt, and even five-month lows in the U.S. Dollar Index can’t budge a flat BTC price. Bitcoin BTC $43,625 failed to react to positive inflation cues on Dec. 22 as United States macro data boosted bets on an interest rate pivot. Fed January pivot odds near […]

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Inscriptions push 9 EVM chains to reach yearly transaction highs

• by admin
• December 20, 2023

The inscriptions craze may not be all bad for blockchain networks, especially those that can scale to handle the spikes in throughput. An ongoing craze to mint inscriptions on non-Bitcoin-base chains has seen several blockchain networks, including Arbitrum and BNB Chain, hitting all-time highs in throughput. According to data from the pseudonymous analyst “hildobby,” a […]

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UK plan on digital securities sandbox laid before Parliament

• by admin
• December 19, 2023

The regulations will take effect on Jan. 8, with the Bank of England and the U.K. Financial Conduct Authority operating the sandbox. The United Kingdom Financial Services and Markets Act’s provisions on a digital securities sandbox are scheduled to come into force in January 2024 after being presented to Parliament. In a Dec. 18 publication, […]

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Ripple exec predicts crypto landscape shifts in 2024

• by admin
• December 18, 2023

Stuart Alderoty predicts the possible resolution of Ripple’s SEC lawsuit and U.S. lawmakers agreeing on the need for crypto regulations. Ripple chief legal officer Stuart Alderoty has shared insights on the future of the cryptocurrency landscape in 2024. He discussed predictions about Ripple’s legal dispute with the United States Securities and Exchange Commission (SEC), the […]

Altcoin News

Ripple issues white paper on CBDCs, reiterates belief in their potential

• by admin
• December 18, 2023

The white paper states that CBDCs help expand financial inclusion, streamlining cross-border payments and reinforcing monetary policy control. Ripple has doubled down on its public support for central bank digital currencies (CBDCs) in a new white paper. The 23-page document was released by the blockchain-based digital payments company on Dec. 14, and Ripple explains the […]

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Watchdog group doubles down on Circle-Tron money laundering claims

• by admin
• December 17, 2023

The Campaign for Accountability released a new open letter criticizing Circle’s Cross Chain Transfer Protocol. Nonprofit ethics group Campaign for Accountability (CfA) has doubled down on its money laundering claims against Circle, publishing a new open letter on Dec. 14 claiming that the USD Coin USDC $1.00 issuer is facilitating the funding of terrorist organizations. […]

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Solana phone sales skyrocket as degens scramble for pumped-up BONK

• by admin
• December 17, 2023

At current prices, the free BONK airdrop for Saga owners stands at $877, making it — at least temporarily — a “phone that pays for itself.” Memecoin hopefuls have been snapping up Solana’s crypto phone in droves after a recent price hike for Solana memecoin Bonk (BONK), which has risen more than 1,100% in the […]

Altcoin News

Watchdog group doubles down on Circle-Tron money laundering claims

• by admin
• December 17, 2023

The Campaign for Accountability released a new open letter criticizing Circle’s Cross Chain Transfer Protocol. Nonprofit ethics group Campaign for Accountability (CfA) has doubled down on its money laundering claims against Circle, publishing a new open letter on Dec. 14 claiming that the USD Coin USDC $1.00 issuer is facilitating the funding of terrorist organizations. […]

Altcoin News

Crypto Biz: Worldcoin expands, Saudi Aramco considers digital assets, and more

• by admin
• December 17, 2023

Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets. Traditional financial firms are increasingly connecting services, portfolios and operations with digital assets, taking advantage of the crypto winter to build and find a market fit for crypto-related solutions. Recent examples include Deutsche Bank’s asset management arm, DWS, which announced a new […]

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Chinese government plans blockchain-based identity verification

• by admin
• December 14, 2023

The Chinese Ministry of Public Security plans to implement a blockchain-based identity verification system that it claims will help keep personal data and identity credentials safe. The Chinese Ministry of Public Security plans to roll out a new blockchain-based platform called RealDID to verify the real-name identities of its citizens.  According to a press release for […]