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US Senator Chris Murphy announced plans to introduce legislation banning prediction markets, which he described as “corrupt and destabilizing” platforms. In a statement published on February 27, the Democratic representative of Connecticut said that insiders with advanced knowledge of geopolitical…
World Liberty Financial (WLFI) has implemented an on-chain real-time proof-of-reserve system for its $4.7 billion stablecoin. This marks a shift from the stablecoin’s monthly certification reports after a recent security breach and market panic led to a temporary break in…
US and Israeli military strikes in Iran caused a $6.5 million loss to a cryptocurrency forecast market trader. Meanwhile, the attacks generated hundreds of thousands of dollars in profits for others. Bombing in Iran fuels six-figure gains and $6 million…
Morgan Stanley has applied for a national trust bank card to provide digital currency custody services directly to its institutional clients, marking a major escalation in Wall Street’s push into the digital asset sector. The $9 trillion banking giant submitted…
The January Producer Price Index (PPI) rose +2.9% y/y versus +2.6% forecast, while the core PPI jumped +3.6% versus +3.0% forecast, sending US stocks lower and reigniting the stagflation debate between the crypto and macroeconomic community. The Producer Price Index…
Israel and the United States carried out a joint attack on Iran early Saturday, marking a major escalation of regional tensions. Bitcoin hit the news in a big way, falling just below $63,000 and extending daily losses to nearly 7%.…
Few major commodities have shown the kind of price volatility that palladium has seen since 2020. After a wild ride, including boom and bust, the price of the metal is approaching a key area that will help determine its medium…
Tensions between Washington and Tehran rose further on February 27 after the FBI designated Iran as a state sponsor of false detention. The office said it remains committed to returning Americans held abroad and bringing their captors to justice. The…
This week, the White House pushed for a breakthrough in the CLARITY Act stablecoin yield negotiations. It didn’t happen. However, new reports from sources close to the discussions indicate that the draft structure of the cryptocurrency market is still far…
The price of Bitcoin Cash has been declining recently, raising fears of a broader bearish reversal. BCH fell to lower levels along with the general cryptocurrency market, testing short-term support zones. However, the overall view suggests that this decline may…
