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President Biden considers accepting crypto donations via Coinbase Commerce, sparking backlash amid ongoing legal battles with the SEC. Industry leaders call for a campaign boycott. #CryptoNews #Election2024
Pro-XRP lawyer Bill Morgan warns of potential FUD impacting $XRP price before @Ripple’s RLUSD stablecoin launch. Ripple CEO @bgarlinghouse announced the stablecoin at the XRPL Community Summit in Amsterdam. #CryptoNews #Updates
Coinbase CLO Paul Grewal criticizes SEC’s $4.47B settlement with Do Kwon & Terraform Labs, highlighting inadequate investor compensation. #Crypto #Regulation
Short-term #Bitcoin ($BTC) investments surged 55% since January, fueled by spot Bitcoin ETFs. Despite March’s crash, holdings slightly dropped to 3.3M BTC. Whales buying indicates potential bullish trends. #CryptoNews
Paxos has cut its workforce by 20%, reducing to 65 employees, to focus on stablecoins and asset tokenization. Launched USDL in UAE, offering yields like U.S. Treasury bonds. #CryptoNews #Finance
56% of Fortune 500 executives are testing on-chain projects, with Fortune 100 blockchain initiatives up 39% YoY. Bitcoin price surpasses $73K. #Blockchain #CryptoNews
Riot Platforms ($RIOT) ups stake in Bitfarms to 13.1%, buying six million shares for $111M. Bitfarms’ stock surges 56% amid takeover battle. #CryptoMining #Updates
The U.S. Federal Reserve keeps rates unchanged, causing Bitcoin ($BTC) to surge 3.22% to $68,785.91. Analysts predict a potential rise past $70,000 amid cautious trading. #CryptoNews
Binance adds new trading pairs: $NOT against BRL and $WIF against EUR starting tomorrow. Notcoin and Dogwifhat prices surged by 20% and 11%, respectively. #Crypto #Updates
Circle expands Web3 services to Solana, introducing Programmable Wallets and Gas Solutions to enhance security and developer ease. This move supports Solana’s $4.48B DeFi ecosystem. #Web3 #Solana
MetaMask, developed by @ConsenSys, launches a new pooled staking service for Ethereum, enabling users to stake any amount of $ETH. Available globally except U.S. and U.K. due to regulations. #Crypto #Updates
Ripple CEO @bgarlinghouse announced the RLUSD stablecoin at the XRPL Community Summit. Pegged to the US dollar, RLUSD aims to stabilize XRP transactions, enhancing cross-border payments. #Crypto #XRP
The Terra Luna Classic community overwhelmingly supports the “Tax2Gas” proposal, simplifying tax calculations for dApp developers. $LUNC jumps 4%, $USTC up 3%. #Crypto #Blockchain
May’s U.S. CPI data shows inflation steady at 0.3% and yearly CPI down to 3.3%. Bitcoin rallies 3.60% to $69,411.30, while $ETH and $SOL gain 3% and 4%. #Crypto #Updates
