Federal Reserve Chair Jerome Powell Compares Bitcoin to Gold, Impacting Market Sentiment
The U.S. Fed Reserve Chairman Jerome Powell states that Bitcoin can replace Gold. However, it cannot substitute the U.S. Dollar.
Crypto
Bitcoin News
Crypto News
Ripple’s Whitepaper Envisions XRP as a Bridge Currency for CBDCs
Amidst the ongoing lawsuit, Ripple says XRP is a neutral bridge currency for CBDCs, according to the latest whitepaper released by the company.
Crypto News
TurtleDEX Rug Pull: DeFi Project Drains $2.5M, Raising Concerns Over Contract Audits
DeFi file storage project on Binance Smart Chain (BSC), TurtleDEX performed a "rug pull" exit scam, draining $2.5 Million worth of BNB tokens.
Crypto News
Pakistan’s Khyber Pakhtunkhwa to Develop Hydroelectric-Powered Crypto Mining Farms
The Pakistani province of Khyber Pakhtunkhwa will build two pilot hydroelectric-powered cryptocurrency mining firms as part of a new policy.
Bitcoin News
SBI Crypto Opens Bitcoin Mining Pool to the Public
SBI Crypto has opened its Bitcoin Mining Pool for institutional and retail customers. The pool recently generates 1.82 EH/s.
Crypto News
Bank of Thailand Issues Warning Against Thai Baht Digital (THT) Stablecoin
The Bank of Thailand has published a warning against THT stablecoin, a privately issued stablecoin pegged to the national currency, the Thai Baht.
Bitcoin News
Meitu Expands Crypto Portfolio with Additional $50 Million in Bitcoin and Ethereum
The Chinese tech company Meitu has announced a further $50 million investment into Ether and Bitcoin, totaling its investment to $90 Million this.
Bitcoin News
Morgan Stanley Becomes First Major U.S. Bank to Offer Bitcoin Funds to Wealth Management Clients
Morgan Stanley will offer exposure to Bitcoin through three funds to millionaire clients. The three funds involve Galaxy Digital funds and FS NYDIG.
Crypto News
Grayscale Investments Launches Five New Altcoin Trust Funds for Institutional Investors
Grayscale Investments LLC., a crypto asset management company, has declared the launch of five new altcoin investment trusts.
Bitcoin News
Legendary Investor Howard Marks Revises His Stance on Bitcoin, Recognizes Its Growing Demand
Billionaire Howard Marks has changed his opinion regarding Bitcoin as he advocates BTC is better than an emerging-market currency.