S&P Global Ratings has announced the launch of its stablecoin stability assessment. S&P Global Ratings, a division of S&P Global Inc. (NYSE: SPGI), is a leading provider of independent credit risk research. The firm publishes credit ratings on debt issued by various entities across multiple sectors. With a global team […]

Seoul, South Korea, December 12th, 2023, Chainwire OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 […]

Terraform Labs co-founder Do Kwon, expected to be extradited to the United States to face criminal charges, will reportedly stay in Montenegrin custody until February. According to a Dec. 12 Bloomberg report, authorities with the U.S. and South Korea requested Montenegrin officials hold Kwon for an additional two months following […]

Dean Phillips, a member of the United States House of Representatives running against Joe Biden for the Democratic nomination in the 2024 presidential election, said there are currently “very few” people in Congress who understand digital assets. Speaking at the Crypto Presidential Forum in New Hampshire on Dec. 11, Phillips […]

In a recent interview with BNN Bloomberg, Anthony Scaramucci, the founder and managing partner of SkyBridge, shared his insights on the performance of his funds in the realm of digital assets, including Bitcoin, and his perspectives on the future of cryptocurrency. SkyBridge’s Stellar Performance with Cryptocurrency Investments: SkyBridge’s cryptocurrency-focused funds, […]

Goldman Sachs, a leader in global investment banking and securities solutions, predicts that the U.S. Federal Reserve (Fed) may begin reducing interest rates by the third quarter (Q3) of 2024. This forecast hinges on forthcoming inflation and job market data, signaling a potential shift from the Fed’s recent cautious stance […]

Massachusetts Senator Elizabeth Warren, an outspoken critic of digital assets in the United States government, has announced that five more senators have agreed to cosponsor one of her bills aimed at cracking down on money laundering. In a Dec. 11 announcement, Sen. Warren said Senators Raphael Warnock, Laphonza Butler, Chris […]

In a notable move, Google revised its advertising policy to encompass U.S.-based cryptocurrency trusts, effective January 29, 2024. This alteration coincides with the widely anticipated approval of spot Bitcoin exchange-traded funds (ETFs) in the United States. As per Google’s recent policy update log on December 6, the tech giant will […]

Bitcoin (BTC) faced a substantial correction, plummeting to $42,140 on December 11, marking a sharp 9% dip. This downturn erased the gains made over the past week and pushed BTC to a four-month low at $41,005, signalling a stark market shift. The price correction in Bitcoin was swiftly followed by […]

The Bitcoin (BTC) price recorded a sharp correction on Dec. 11, dipping 7% and wiping out the gains of the past seven days. The strong price correction pushed BTC to a four-month low of $41,329. A decline in prices of altcoins followed the Bitcoin price correction, many of which recorded double-digit drops. However, […]