Dubai’s justice administration has officially recognized the use of cryptocurrencies as a valid means of paying salaries. The landmark decision, adopted by the Dubai Court of First Instance, marks a milestone in the development of cryptocurrencies in the city, which aims to lead innovation in disruptive technologies. Recently, the court issued an order recognizing cryptocurrencies […]

At the recent Bitcoin2024 event, two U.S. political figures proposed significant initiatives regarding the accumulation of Bitcoin (BTC) as a reserve asset by the U.S. government. Robert F. Kennedy Jr., an independent presidential hopeful, stated that if elected, his administration plans to stockpile four million Bitcoin as a strategic reserve asset. Simultaneously, Senator Cynthia Lummis […]

U.S. inflation showed signs of slowing in July, aligning with economists’ estimates and paving the way for a possible interest rate cut. The U.S. Consumer Price Index (CPI), a widely analyzed measure tracking the cost of a broad basket of goods and services, increased slightly by 0.2% month-over-month in July, leaving the 12-month inflation rate […]

The aim of this strategic expansion is to strengthen key sectors such as compliance and finance. From Tether’s headquarters in Hong Kong, the creator of the largest stablecoin on the market has announced its ambitious plans to double its workforce in the coming months. Strategic Growth in Turbulent Times In an exclusive interview with Bloomberg […]

Nasdaq, the exchange for trading financial assets and stocks, made a request to U.S. regulators to allow it to trade options linked to the spot Ethereum ETFs that recently entered the market. Ethereum ETF options trading The request came in a form filed on [specific date] with the Securities and Exchange Commission (SEC), in which […]

Former President Donald Trump recently hinted at the potential usefulness of cryptocurrencies to pay down the $35 trillion U.S. national debt. In an interview on Fox Business and at the Bitcoin2024 Conference, Trump argued that the cryptocurrency sector could play a role in the national financial strategy, although he did not provide specifics on how […]

The bill, abbreviated as the “BITCOIN Act of 2024,” calls for the U.S. Treasury to purchase bitcoins over a 5-year period until a pool of 1,000,000 BTC is achieved. The plan to incorporate Bitcoin (BTC) into the U.S. national reserves is beginning to take shape. U.S. Senator Cynthia Lummis has advanced the first draft of a bill that […]

Outflows of more than $1.5 billion from the high-fee Grayscale Ethereum Trust have outpaced inflows into other spot products. Negative Net Flows in the First Week Spot Ether (ETH) exchange-traded funds (ETFs) saw negative net flows in their first week due to heavy outflows from Grayscale’s Ethereum Trust (ETHE), which outpaced interest in competing products. […]

The price of Bitcoin surged on Monday, extending gains made over the weekend after Republican presidential candidate Donald Trump raised the likelihood of more favorable regulation during his speech at the Bitcoin Convention. Although the cryptocurrency initially reacted somewhat negatively to Trump’s speech, mainly because he stopped short of specifically promising a national reserve, buyers […]

Ether ETFs formally began trading in the US on Tuesday, bringing the world’s second-largest cryptocurrency into the mainstream for many investors and professional advisers. The new funds come from traditional issuers such as BlackRock and Fidelity, as well as cryptocurrency-specific firms such as Grayscale, marking another development in the gradual introduction of digital assets into […]