French Public Firm Soars 10x After Announcing Ethereum Plans: Is ETH the Best Crypto to Buy Now?

Entreparticuliers, a public company in France, is trending after pivoting to become an Ethereum Treasury Company. With plans to buy more ETH in May and possibly June, is ETH the best crypto to buy now? MicroStrategy, now Strategy, chose Bitcoin. Since announcing its plans in August 2020, its market cap has surged, pushing it above … Read more

Magic Eden Taps Spark to Enhance Bitcoin DeFi With Fast, Low-Cost Settlement

Crypto platform Magic Eden has announced a partnership with Spark to enhance trading on bitcoin by providing fast and low-cost settlement for native assets. By integrating with Spark, Magic Eden plans to unlock efficient transactions for various market types, including stablecoin-to- BTC swaps, while maintaining the integrity of bitcoin’s trust model. Spark is designed to … Read more

Crypto.com secures EU license to launch crypto financial derivatives

Mobile-first crypto exchange and payment platform Crypto.com has secured a license allowing it to offer cryptocurrency financial derivatives in the European Economic Area. According to a May 21 announcement, Crypto.com secured a Markets in Financial Instruments Directive (MiFID) licence. “We have already expanded our brand presence in Europe since receiving our MiCA licence and we … Read more

The IMF tells the US to reduce its budget deficit and deal with the ‘ever-increasing’ debt burden

A senior International Monetary Fund (IMF) official warned the United States of its ballooning fiscal deficit. According to the US Treasury fiscal data website, the country has accumulated a $36.8 trillion national debt, and the federal debt to GDP ratio currently stands at 122%.  Gita Gopinath, the IMF’s first deputy managing director, sent a statement … Read more

Many NFTs that pay creators over time are not securities: SEC’s Hester Peirce

United States Securities and Exchange Commission (SEC) Commissioner Hester Peirce said many non-fungible tokens (NFTs), including those with mechanisms to pay creator royalties, likely fall outside the purview of federal securities laws. In a recent speech, Peirce said NFTs that allow artists to earn resale revenue do not automatically qualify as securities. Unlike stocks, NFTs … Read more