The application for a Bitcoin exchange-traded fund (ETF) by BlackRock has inspired other financial companies to do the same. On June 21, the New York-based asset management fund WisdomTree submitted…
Bitcoin Policy Institute Refutes Claims of Intrinsic Scaling Issue The findings of a 2022 paper which asserted that Bitcoin (BTC) has an intrinsic scaling issue that will impede its future…
Introduction of BRC-20 Token Support In recent months, wallet providers have been introducing support for BRC-20 tokens, despite the current market drawdown. This is a significant development in the cryptocurrency…
Bitcoin Price Analysis Bitcoin (BTC) is currently trading at $36,972, down 11.3% from its all-time high of $41,941. The cryptocurrency has been in a downward trend since its peak in…
MAS Proposes Shared Protocol for Digital Currencies The MAS (Monetary Authority of Singapore) has put forward a proposition for a shared protocol that would outline the rules for utilizing different…
Federal Reserve Board’s View on Payment Stablecoins Chair Jerome Powell stated during questioning at the House of Representatives Financial Services Committee’s semi-annual hearing on Fed policy on June 21 that…
Singapore MAS Proposes Digital Money Standards The Monetary Authority of Singapore (MAS) has proposed new standards for digital payments and digital tokens, which it believes will provide a “safe and…
Introduction Federal Reserve Chairman Jerome Powell recently spoke about the potential of stablecoins to become a form of money. He also discussed the need for a “robust” role for the…
House Financial Services Committee Puts Forward Bills to Tackle Issues at Large Banks The United States House Financial Services Committee, comprised of Democrats, has put forward a series of bills…
Ethereum has held the top spot for smart contract and decentralized application (Dapp) networks since its launch. An evaluation of Ether’s price (ETH) and its market capitalization demonstrates that the…
