Month: December 2024

FSOC advises Congress to pass stablecoin legislation to support international financing
Daily Crypto News

FSOC advises Congress to pass stablecoin legislation to support international financing

Secret Takeaways: FSOC Flags Stablecoins as “Potential Risk” to Financial Stability. High market concentration and absence of suitable regulative structures are vital obstacles. Advises thorough federal guideline of stablecoins due to their systemic threats. Stablecoin Market is Highly Concentrated In the last few years, the U.S. Financial Stability Oversight Council (FSOC) has actually determined that…

Leading Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit– Here’s His Timeline
Daily Crypto News

Leading Crypto Analyst Says Bitcoin Far Closer to the Cycle Peak Than People Want To Admit– Here’s His Timeline

A carefully followed crypto trader thinks Bitcoin (BTC) will strike its cycle peak well before individuals’s expectations. Pseudonymous trader The Flow Horse informs his 247,900 fans on the social networks platform X that Bitcoin’s market peak this cycle might be available in as early as the very first quarter of 2025. “I do not care…

Telegram CEO Pavel Durov appears in Paris court for very first time in the middle of criminal examination
Daily Crypto News

Telegram CEO Pavel Durov appears in Paris court for very first time in the middle of criminal examination

Policy Home” Regulation” Telegram CEO Pavel Durov appears in Paris court for very first time amidst criminal examination by Vivian Nguyen Dec. 7, 2024 The messaging app has actually started to take police queries more seriously given that Durov’s arrest. Picture: Reuters Secret Takeaways Telegram’s creator faced his very first court interrogation after his arrest…

SEC’s Caroline Crenshaw Faces Crypto Backlash Ahead of Re-Nomination Vote
Daily Crypto News

SEC’s Caroline Crenshaw Faces Crypto Backlash Ahead of Re-Nomination Vote

Caroline Crenshaw’s re-nomination as one of the United States SEC company commissioners is on the balance. Arranged for a vote by the Senate Banking Committee on Wednesday, the choice might assist form the future of crypto policy in the United States. If verified, Crenshaw would serve on the Securities and Exchange Commission (SEC) up until…

Shiba Inu’s Q1 2025 roadmap– What should SHIB holders get out of memecoin?
Daily Crypto News

Shiba Inu’s Q1 2025 roadmap– What should SHIB holders get out of memecoin?

Reporter Share this post Shiba Inu might see its market capitalization broaden to $80 billion in Q1 2025 When memecoins rally, it is brief however extreme– Be prepared to take earnings Shiba Inu [SHIB] has a highly bullish outlook for the next 6-9 months, and possibly longer based upon the length of Bitcoin’s [BTC] bull…

FSOC’s Still Worried About Stablecoins
Daily Crypto News

FSOC’s Still Worried About Stablecoins

The group’s 2024 report when again highlighted FSOC’s longstanding issues about stablecoins. Upgraded Dec 7, 2024, 5:08 a.m. UTCPublished Dec 7, 2024, 5:01 a.m. UTC The Financial Stability Oversight Council released its 2024 yearly report Friday, attending to numerous dangers and locations of issue within the U.S. and worldwide monetary system. As it has actually…

How the crypto neighborhood responded to Bitcoin’s $100,000 record
Daily Crypto News

How the crypto neighborhood responded to Bitcoin’s $100,000 record

How the crypto neighborhood responded to Bitcoin’s $100,000 record Oluwapelumi Adejumo · 1 day ago · 2 minutes checked out Gemini co-founder and Coinbase CEO spotlight Bitcoin’s record-breaking $100,000 peak and its long-lasting capacity. 2 minutes checked out Upgraded: Dec. 5, 2024 at 3:38 pm UTC Cover art/illustration by means of CryptoSlate. Image consists of…

Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar
Daily Crypto News

Fed Chair Likens Bitcoin to Gold, Says It’s Not a Rival to the Dollar

Federal Reserve Chairman Jerome Powell has actually dismissed the concept that Bitcoin might change the U.S. dollar, comparing the cryptocurrency to gold as a speculative possession instead of a shop of worth. Powell shared these views throughout his look at The New York Times DealBook Summit in Manhattan. Powell’s Argument When asked whether Bitcoin’s appeal…

Russian President Vladimir Putin Questions Dollar for Forex, Says Bitcoin Inevitable
Daily Crypto News

Russian President Vladimir Putin Questions Dollar for Forex, Says Bitcoin Inevitable

Russian President Vladimir Putin stressed Bitcoin’s decentralisation and its resistance to external control. Putin promoted for regulative clearness and promoted cryptocurrencies as cost-effective tools, lining up with Russia’s monetary method amidst Western sanctions. The Russian federal government presented a brand-new crypto tax law categorizing digital currencies as residential or commercial property, enforcing earnings tax on…

Bitcoin miners see profits rise as cost exceeds $100,000 turning point
Daily Crypto News

Bitcoin miners see profits rise as cost exceeds $100,000 turning point

Bitcoin miners see profits rise as rate goes beyond $100,000 turning point Oluwapelumi Adejumo · 1 day ago Insights Bitcoin Bitcoin miners’ day-to-day earnings rises beyond $40 million amidst rate rally. Bitcoin miners are delighting in a sharp increase in income as the flagship crypto crossed the $100,000 turning point for the very first time…