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KPMG to audit new pound-backed stablecoin GBPT
In terms of daily turnover, the British pound (GBP) is the fourth most traded fiat currency in the world, according to the Bank for International Settlements.
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US crypto regulation bill aims to bring greater clarity to DAOs
The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is DAOs.
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Crypto & Stock Market Update: CPI Numbers Releasing This Week, Chinese Stocks Suffer, Bitcoin and Ethereum Prices Hold Support
Cryptocurrency markets are off to a relatively slow start this week, with Bitcoin down 3.44% and Ethereum price down 3% in the past 24 hours. BTC remains above the $20k support level, while ETH holds the $1.1k support level. The global cryptocurrency market is down 2.82% but remains above $915 trillion, signaling that the market continues to trade sideways. Market on Hold Until July 13th? Both the cryptocurrency and stock markets are awaiting the release of the upcoming CPI (Consumer Price Index) numbers on July 13th before making their next move. In two days, we will have a clearer picture
The post Crypto & Stock Market Update: CPI Numbers Releasing This Week, Chinese Stocks Suffer, Bitcoin and Ethereum Prices Hold Support appeared first on The Merkle News.
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Tether fortifies its reserves: Will it silence critics, mollify investors?
USDT is under attack from short sellers. Would they go away if only the company hired a Big Four accounting firm to audit its balance sheet?
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PoS gives Ethereum the economic structure to overtake Bitcoin, says DeFi researcher
Researcher Vivek Raman said that after the Merge, ETH inflation will be lower, security will be better and ETH will position itself as a digital bond.
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Binance ban off the cards, says Philippine trade and industry department
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.
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Bitcoin, Ethereum Technical Analysis: BTC Falls Below $22,000 to Start the Week
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Dutch bank ING sells digital asset tool Pyctor to GMEX
GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance.
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UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
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