It may not be long before Americans see the first active memecoin-focused exchange-traded funds, according to a Bloomberg ETF analyst. There is a “really good chance” that an ETF that actively trades memecoins will exist at some point, said Bloomberg ETF analyst Eric Balchunas in an X post on June 7. “First, we’ll get a … Read more
Bitcoin A shift is underway in Bitcoin’s current bull phase, with experienced holders driving recent sell pressure. Data reveals that long-term holders (LTHs)—those holding BTC for over six months—are cashing out at a higher rate than short-term investors. According to the report at the recent local high, LTHs realized nearly $1 billion in profits daily, … Read more
Bitcoin bull Michael Saylor has downplayed concerns over quantum computing’s impact on Bitcoin, calling it a marketing ploy to pump quantum-branded tokens. “It’s mainly marketing from people that want to sell you the next quantum yo-yo token,” Strategy’s executive chairman said in a June 6 interview on CNBC’s “Squawk Box.” Quantum computing’s potential impact on … Read more
Japanese Prime Minister Shigeru Ishiba said on Monday that Japan must be aware that rising interest rates would push up the government’s debt-financing costs and affect its spending plans, per Reuters. Key quotes Japan has experienced low interest rates for a very long period.So, some quarters of the public don’t know what it is like … Read more
What sets RLUSD apart is not just its technical design or regulatory adherence, but its expanding use cases within government-level systems. A striking example of this came with the recent announcement that RLUSD is being integrated into Dubai’s land registry system. As stablecoins continue to mature, a new chapter is being written in the world … Read more
SHIB and DOGE have been iconic in the world of meme cryptocurrencies. With the summer approaching, interest is heating up around their potential resurgence. This article delves into whether these renowned meme coins are positioned for a comeback. Curious minds will uncover which tokens might surge and steer the market in the coming months. The … Read more
Coinbase is making meaningful changes to improve both user experience and product offerings. The crypto exchange announced the launch of wrapped XRP and Dogecoin on its Layer-2 Base network, giving holders access to decentralized finance (DeFi) opportunities. At the same time, CEO Brian Armstrong reported an 82% reduction in unnecessary account freezes, addressing a long-standing … Read more
Bitcoin recently demonstrated resilience by reclaiming the $105,000 threshold, signaling underlying strength despite a fragile market framework. According to Dominick John, an analyst at Kronos Research, the current Fear and Greed Index at 55 reflects a cautious investor stance, with market participants awaiting decisive macroeconomic triggers or clear trend validation. Kay Lu, CEO of HashKey … Read more
The Central African Republic (CAR) is set to launch a new platform allowing global investors to purchase tokenized land concessions using the CAR token on Solana. President Faustin-Archange Touadéra stated that these land parcels are cleared, registered, subdivided, and connected by roads, making them ready for agriculture or construction. However, these initial offerings do not … Read more
The post Congress Unveils Major U.S Crypto Regulation Bill Update appeared first on Coinpedia Fintech News Congress is making moves on crypto. A new version of the CLARITY Act was recently released, setting the stage for a key markup session this week. The latest draft of the CLARITY Act, known as the Amendment in the … Read more