Senate Banking Committee Chairman Tim Scott blamed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act’s failure on partisan politics during a Senate speech on May 8. Scott said the vote, which failed to reach cloture in the Senate, was expected to mark a step toward greater affordability and innovation. Instead, he said, … Read more
At 7:50 a.m. Eastern time on Friday, bitcoin’s price held steady at $103,191, pushing its market capitalization to $2.04 trillion with a 24-hour trading volume of $55.17 billion. The intraday price range spanned from $99,239.45 to a local high of $104,332, showcasing a bullish tone tempered by emerging signs of consolidation. Bitcoin The daily chart … Read more
Keanu Reeves in “Wick is Pain.” Lionsgate/Murray Close Wick is Pain — a documentary featuring Keanu Reeves about the John Wick franchise — arrives on streaming Friday. John Wick was released in 2014 and grew into a cultural phenomenon with three more John Wick films and the soon-to-be-released spinoff movie From the World of John … Read more
Richmond Federal Reserve Bank President Thomas Barkin said on Wednesday that they are watching the consumer activity most closely because that’s the biggest part of the economy, per Reuters. Key takeaways “Worry if close to a moment where consumers decide to pull back; so far has not happened.” “Biggest thing affect consumer spending is whether … Read more
The XRP price has been ripping through resistance, up 27% on the month and now brushing $2.40. Momentum is building fast, fueled by legal tailwinds, exchange flows, and a wave of retail enthusiasm. Here’s where the XRP price is heading next. – Price Market Cap – – – 24h 7d 30d 1y All Time Log … Read more
Taiwanese lawmaker Ko Ju-Chun has called on the government to consider adding Bitcoin to its national reserves, suggesting it could serve as a hedge against global economic uncertainty. Ko, a legislator at-large in Taiwan’s legislative body, the Legislative Yuan, took to X on Friday to report that he had advocated Bitcoin (BTC) investment by the … Read more
The rise of open interest and trading volume for XRP has been observed after the United States Securities and Exchange Commission (SEC) filed a settlement agreement with Ripple Labs. According to market data, XRP’s open interest increased by 14%, while trading volume grew over 100% within 24 hours. This development comes after several years of … Read more
Bitcoin ETFs continue to attract institutional interest, with significant inflows recorded, highlighting a strong market sentiment amidst price fluctuations. Despite a decline in inflows from the previous day, the overall trend suggests robust confidence in Bitcoin’s future among investors. According to COINOTAG, “The consistent demand for Bitcoin ETFs showcases a change in institutional strategy towards … Read more
SEC & Ripple seek Judge Torres’ approval for a new settlement, signed after SEC’s May 8 green light The deal cuts Ripple’s fine to $50M (was $125M), lifts XRP sales ban, returns $75M escrow to Ripple Legal experts like Filan, Deaton are optimistic for approval, with case appeals currently paused The U.S. SEC and Ripple … Read more
In a significant move underscoring the growing acceptance of digital assets among publicly traded companies, Nasdaq-listed online video platform Rumble has confirmed its substantial Rumble Bitcoin Holdings as of the end of the first quarter of 2024. Rumble’s Reported Bitcoin Holdings Detailed According to a recent financial filing reported by GlobeNewswire, Rumble held precisely 210.82 … Read more