Author: driver789
Losing a race is unusual for the crypto industry’s political action committee, Fairshake, which has recorded a dominant record in the past two congressional elections. But the Illinois primaries this week saw its biggest-ever setback, likely to conclude with a new member of the Senate next year being somebody the PAC spent more than $10 million trying to defeat.Illinois Lt. Gov. Juliana Stratton won her Democratic primary, and her state’s Democrat lean means she’s likely to be its next senator after the November general election. One of Fairshake’s affiliates had devoted millions to purchase opposition advertising in that race and…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
Crypto.com has partnered with KG Inicis, one of the largest South Korean payment gateways and value-added network providers, to introduce crypto payment options for foreign visitors across the country.KG Inicis, which processes hundreds of millions of transactions annually with its service used by around 190,000 affiliated merchants, will support the rollout of Crypto.com Pay across its network, according to a Tuesday announcement.“KG Inicis boasts an unrivalled merchant acceptance network with 40% market share and we’re proud to partner with this fintech powerhouse to make digital asset payments easier for travellers to Korea,” Eric Anziani, president and chief operating officer of…
The U.S. Securities and Exchange Commission (SEC) has approved a Nasdaq rule change that allows certain securities to be traded in tokenized form, a move that integrates blockchain technology into traditional stock market infrastructure. The approval, issued Wednesday, is part of a broader effort to explore digital representations of regulated assets while maintaining investor protections and market stability. Under the new framework, eligible securities — including stocks in the Russell 1000 Index and exchange-traded funds (ETFs) tracking major benchmarks such as the S&P 500 — can be represented and traded as tokenized assets on Nasdaq. These tokenized versions are fully…
The cryptocurrency market is experiencing a period of significant transition, marked by institutional developments and regulatory clarity. Citigroup’s decision to lower its 12-month Bitcoin price forecast to $112,000 while adjusting Ethereum’s target to $3,175 reflects a cautious yet optimistic institutional outlook. This adjustment comes alongside the tokenized RWA market reaching $27 billion, with US Treasury products leading growth, signaling increased institutional appetite for blockchain-based financial instruments. The recognition of XRP ($1.46 · Live)’s non-security status by US regulators through landmark SEC and CFTC rules represents a pivotal moment for regulatory clarity in the crypto space, potentially opening doors for broader…
The Federal Reserve Open Market Committee (FOMC) announced on Wednesday that it would hold the Federal Funds rate steady at 3.5-3.75%, as it monitors macroeconomic impacts from the ongoing war in the Middle East.Economic activity has expanded at a “solid pace,” Federal Reserve Chairman Jerome Powell said, adding that consumer spending remains “resilient,” while business investment continued to grow. However, the housing sector remains weak, and the labor market shows signs of softening, Powell said, while inflation remains “somewhat elevated” above the Fed’s 2% target.Jerome Powell addresses reporters following the March 2025 FOMC meeting. Source: Federal ReserveThis higher inflation and weak…
Spot Ethereum exchange-traded funds drew in $138.2 million in net inflows over the past day, their highest single-day inflows since Feb. 25. Summary Spot Ethereum ETFs recorded $138.2 million in daily inflows, marking their highest since late February and extending a six-day inflow streak. Institutional demand strengthened amid Bitmine’s continued ETH accumulation, with Fundstrat’s Tom Lee calling a potential market bottom near $2,150. ETH price traded near $2,328, with price approaching a breakout above $2,400 as markets await the Federal Reserve rate decision. According to data compiled by SoSoValue, BlackRock’s ETHA led the inflows of the day with $81.7 million…
The U.S. Securities and Exchange Commission (SEC) approved on Wednesday Nasdaq’s proposal to allow certain securities to trade in tokenized form, a significant milestone to integrate blockchain tech into U.S. equity markets.Nasdaq’s tokenization plan ties into a pilot run by the Depository Trust Company (DTC), which will handle clearing and settlement of tokenized trades. Nasdaq filed for regulatory permission in September, Under the framework, eligible Nasdaq participants can choose to have trades settled as blockchain-based tokens rather than through standard book-entry systems.Tokenized shares will trade alongside traditional shares on the same order book and at the same price. They will…
Ethereum is outpacing Bitcoin as tensions involving the United States, Israel, and Iran continue to shape global markets.Data from CryptoSlate shows ETH has risen 18% against the dollar since the start of March, compared with a 13% gain for Bitcoin over the same period.The ETH/BTC ratio has also moved higher, rising 7.6% to 0.0315 from 0.0293 in less than three weeks, a sign that Ethereum is gaining ground relative to Bitcoin rather than simply rising alongside it.That shift has pushed ETH above $2,300 and left it on track for its first positive monthly close since August 2025. The move stands…
Bitcoin.com is aware that fraudulent emails were recently sent through our third-party email service by an unauthorized party. We identified the breach, revoked access, secured our systems, and directly contacted Bitcoin.com users who were affected. All user funds are safe.What happenedAn attacker unlawfully gained access to our email service and used it to send phishing emails impersonating Bitcoin.com. These emails falsely claim that Bitcoin.com is merging with companies such as Trust Wallet or Gemini and ask recipients to migrate their accounts. They use high-pressure tactics including fake airdrop offers to create urgency. These claims are entirely false. Bitcoin.com has not merged…