In what is expected to be a very volatile second half of the week, the price of bitcoin fell to $77,600 yesterday after being rejected above $80,000 on Monday before rebounding to $79,000 now. Most larger-cap alternative assets are also in the green today, with ETH trading above $2,500 and XRP defending the key support … Read more
Visa uses Onchain credit for Stablecoin card payment | Without a bank Visa integrates on-chain credit into card settlement as stablecoin programs scale and settlement volume exceeds $20 billion annualized run rate. Visa is integrating on-chain lending into its card settlement system, working with Credit Coop to help stablecoin card issuers cover the money they … Read more
Bitcoin fell below $80,000 as strong US jobs data increases the chances of another interest rate hike. Markets now estimate the chance of a Federal Reserve rate hike on September 16 at around 60%. According to the recent Bitfinex Alpha report, the United States added 162,000 jobs in August, while unemployment remained at 4.1%. Data … Read more
Can ETH become a An asset of 100,000 billion dollarsas suggested by Nick Tomaino of 1confirmation? Of course, it’s a dream worth believing in, both for the potential benefits And for what it would mean for the world for Ethereum, as a credible, neutral DIY engine for virtually everything online, to have reached this level … Read more
Ethereum has entered a consolidation phase after a strong recovery from the $1.5k zone. The cryptocurrency is now trading slightly below $2.5k, remaining relatively firm despite repeated testing of the upper end of its recent range. Meanwhile, foreign exchange reserves continue to decline, pointing to a potentially constructive supply-side environment. Ethereum Price Analysis: The Daily … Read more
SEC Proposes Framework for “Crypto Asset Regulation” | Without a bank The SEC just proposed rules that would allow crypto startups to raise up to $75 million without full registration. The SEC has just formally proposed Crypto Asset Regulationa new offering framework that would allow crypto projects to raise up to $5 million through a … Read more