Author: WebDesk

Lawmakers are pushing back on a Biden administration rule redefining decentralized finance participants as “brokers,” warning it risks stifling U.S. cryptocurrency innovation and driving it overseas. Biden’s Crypto Rule Sparks Backlash: Will It Push Blockchain Innovation Overseas? U.S. Senator Ted Cruz (R-Texas) and Representative Mike Carey (R-Ohio) have introduced a joint resolution aimed at overturning […] Credit: Source link

Coinbase rolled out the newest State of Crypto report. The study was conducted by Ipsos. It observes how crypto and blockchain technology are viewed in Argentina, Kenya, the Philippines, and Switzerland and how it impacts the lives of people in these countries. For most of the part, the study is based on surveys with 4,000 adults (not specifying the age rates) in Argentina, Kenya, the Philippines, and Switzerland conducted on behalf of Coinbase. The choice of countries aims to give an outlook of societies living in markedly different socioeconomic conditions in different parts of the world (none of these countries…

The Avalanche Foundation’s native cryptocurrency, AVAX, has struggled in the past month, falling around 14% on the charts. Since the start of 2025, it has failed to pick up in price alongside other top cryptocurrencies under a new US administration that is more in favor of crypto. Despite that, trading volume around AVAX remains high, as investors continue swooping up this dip. Indeed, Avalanche’s trading volume is up 27%, with $399.16M in AVAX changing hands.Avalanche is a platform tailored for creating custom blockchain networks and decentralized applications. Its focus on speed and cost-efficiency has attracted developers from various industries, including…

The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change. Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public offerings (IPOs) in the cryptocurrency sector. A strong US economy and low borrowing rates are largely responsible for this recovery, which should create a favorable atmosphere for businesses looking to exit through an IPO. Even with the recent market fluctuations, the medium-term picture is still promising. NYSE VP Upbeat About Crypto…

There have been significant losses for Litecoin and Shiba Inu in the last 24 hours as many holders look to new projects hoping for better returns. Among these is Remittix (RTX), a PayFi project that raised over $5.2 million in its presale in just a few weeks. The project tackles problems that have been plaguing the global payments sector for many years now, offering a modern alternative. This is a market worth $190 trillion and Remittix could grab a big slice. So how will Shiba Inu (SHIB), Litecoin (LTC) and Remittix (RTX) fare in Q1 of 2025? Shiba Inu (SHIB)…

Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.”“Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad,” the…

President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial Technology.” The directive lays out a bold vision for bolstering the United States’ position in the global digital asset economy—most notably embracing open blockchain networks like Bitcoin while flatly prohibiting the development of Central Bank Digital Currencies (CBDCs).A Major Shift Toward Bitcoin At the core of the order is an explicit policy to support the responsible growth and use of digital assets, championing citizens’ right to access and utilize open public blockchain networks without interference. For Bitcoin enthusiasts, this represents a monumental endorsement from the highest…

The race to $10 has the crypto world buzzing, with XRP price movements continuing to draw attention from investors eager to see the token reclaim its former glory. However, lurking in the shadows is an underdog—an emerging sub-$1 cryptocurrency with explosive potential to rival XRP’s growth trajectory.  While XRP has long been a favorite in the crypto space, the timeline for both assets to hit the coveted $10 mark will leave even seasoned traders stunned. Is the reign of XRP secure, or could this hidden gem outpace its momentum? RCO Finance: The Sub-$1 Gem Gearing Up For A $10 breakthrough…

Donald Trump launched The Stargate Project on Tuesday, a $500 billion initiative aimed at developing AI infrastructure in the United States. The announcement resulted in a strong surge in stock prices of major players involved in the project, with Oracle (ORCL) and Softbank (SFTBY) up by nearly 13% and 16%, respectively. While OpenAI, a lead partner which has operational responsibility for the project, isn’t a publicly traded company, the Worldcoin (WLD) crypto asset saw a significant uptick. For the uninitiated, Worldcoin was also founded by OpenAI founder Sam Altman.  However, Worldcoin price predictions from experts suggest WLD remains a tricky…

AVAX, the native token of Avalanche, seems bearish and is poised for a price decline as it has formed a bearish price action pattern on the daily time frame. However, the current market sentiment is quite unpredictable, with some cryptocurrencies witnessing price surges while others experience notable price declines.AVAX Technical Analysis and Price Action Amid this, AVAX has reached a crucial support level of $35 and is struggling to hold this level. Since December 2024, the altcoin has reached this level multiple times, and each time it witnessed a price surge. However, the current market sentiment seems unfavorable for AVAX and…