International Daily Finance News
Is PI Set for Another Price Surge? The Pi Network has made waves recently following the launch of its native token on February 20, marking a significant milestone nearly six years post its controversial inception. Trading on various platforms such…
Anatoly Yakovenko, the co-founder and CEO of Solana, recently expressed his views on the potential establishment of a U.S. cryptocurrency reserve. In a post shared on March 6, he articulated a strong preference against a government-managed crypto reserve, arguing that…
Bitcoin’s remarkable resilience in the volatile cryptocurrency market has captured significant attention as it successfully reclaimed the $90,000 threshold, edging closer to $93,000 for the first time since experiencing a considerable downturn earlier this week. The latest movement comes amidst…
Analysts at the digital asset trading firm STS Digital are urging traders to keep their screens on this weekend, hinting at potential surges in market activity following the anticipated crypto summit at the White House on Friday. U.S. President Donald…
BTC Rally on the Horizon as US Dollar Weakens Bitcoin (BTC) investors may want to prepare for an impending surge, as new analysis highlights favorable shifts in global liquidity trends. Andre Dragosch, the European head of research at asset management…
The recent drop in the US Dollar Index (DXY) has set off ripples across financial markets, particularly impacting risk-sensitive assets such as cryptocurrencies. As of March 6, the DXY fell to 104.13—its lowest point since early November—prompting speculation about the…
Trump’s Vision for U.S. Crypto: A Challenging Race Against the EU As President Donald Trump resumes his position in office, ambitions for the United States to establish itself as a leading hub for cryptocurrency are considerable. At the recent World…
In a noteworthy development within the cryptocurrency arena, South Korean crypto exchange Upbit has positioned itself as the dominant player in the Ripple (XRP) market. Recent data indicates that Upbit not only holds twice the amount of XRP as the…
The investigation surrounding Argentine President Javier Milei and his alleged involvement in the LIBRA cryptocurrency scandal has entered a critical phase. Lead prosecutor Eduardo Taiano has taken decisive steps, requesting the freezing of approximately $110 million in assets associated with…
US President Donald Trump’s proposed strategic crypto reserve is drawing attention for its potential composition, with expert opinions suggesting that Bitcoin will dominate the selection. Matt Hougan, chief investment officer of Bitwise, emphasized that despite initial plans to include multiple…
U.S. Customs and Border Protection (CBP) has recently begun releasing thousands of Chinese-made cryptocurrency miners that had been held at various ports of entry for months. This development marks a significant shift for the industry, which faced substantial delays that…
DoubleZero Foundation has recently captured attention in the blockchain ecosystem by successfully securing $28 million in funding, placing its valuation at a striking $400 million. This ambitious startup aims to construct a “new internet” optimized for blockchain performance by utilizing…
Crypto asset manager Bitwise is making headlines with its latest move to further diversify its offerings in the rapidly evolving cryptocurrency landscape. On March 5, 2023, Bitwise submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC)…
In a significant move for the crypto community, the U.S. Senate has voted to reject a proposed rule by the Internal Revenue Service concerning “Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales.” This rule, slated…
Canary Capital, the digital asset-focused investment firm founded by Steven McClurg, formerly of Valkyrie Funds, is set to revolutionize the cryptocurrency investment landscape with its latest initiative: an exchange-traded fund (ETF) designed to track the price of Axelar (AXL). The…
The recent Republican Party Convention in Williamson County, Tennessee, marked a significant moment in the intersection of blockchain technology and electoral processes, as results from the March 4 election were securely recorded on the Bitcoin network. Utilizing a software platform…
El Salvador’s President Nayib Bukele has taken a bold stance on Bitcoin, reaffirming his commitment to the cryptocurrency amidst growing tension with the International Monetary Fund (IMF). This comes on the heels of an agreement for a $1.4 billion loan…
Giancarlo Devasini, the recently appointed chairman of Tether after stepping down as its longtime CFO, keeps a notably low profile in Lugano, Switzerland. This contrasts sharply with the public persona of Jeremy Allaire, the founder of Circle, who engages actively…