Bookmarking Crypto Insights
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Over the past 12 days, the stablecoin economy has maintained a similar value, yet the supply of dollar-pegged crypto assets PYUSD and USDE has experienced notable shifts. Over the last 22 days, Paypal’s PYUSD supply increased by more than 70%, while Ethena’s USDE saw an 8.82% decrease within the past 13 days. Ethena’s USDE Drops … Read more
The Law Commission’s final report urges UK government to reclassify crypto assets, addressing current legal gaps. Go to Source
Former U.S. President Donald Trump emphasized the importance of the U.S. leading in cryptocurrency, suggesting that the government could pay off its $35 trillion national debt with bitcoin. He described crypto as “a different form of currency” that is already “prominent” and “massive,” stating that “it’s going to end up benefiting the country.” Trump Advocates … Read more
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position the U.S. as a global leader in financial innovation. Senators … Read more
The Law Commission’s final report advocates for legal reforms to better protect the unique features of digital assets. Go to Source
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities. Go to Source
Latvia’s Minister of Economics Viktors Valainis shared insights on the country’s vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy. Go to Source
Since its first Bitcoin purchase, the company’s stock price surged 810% from about $0.12 to $1.10. Go to Source
EU regulators introduce standardized crypto-asset classification under MiCA with a new test and guidelines to ensure uniformity across the market as regulations begin to come into play. Go to Source
Current market data indicates that bitcoin has increased by 48% against the U.S. dollar since Jan. 1, 2024. This implies that on that date, one tether (USDT) was exchanged for 0.00002368 BTC, whereas today, it’s valued at just 0.00001596 BTC. Concurrently, in addition to bitcoin’s rise against the dollar, its competitors like ETH, SOL, and … Read more
