The state of Texas is looking to be one of the first in the American union to regulate cryptocurrency. Texas Looks to Create New Crypto Regulation Not long ago, House Bill 1666 made its way onto the desk of Greg Abbott, the state’s governor. The bill is a nod to the FTX debacle of last year and will seek to ensure proper and safe trading environments for all residents of Texas that hold or trade digital currencies. The goal is to make sure everybody’s money steers...
Read More »The Treasury is Set to Make Things Rough for Bitcoin
As both sides of the political spectrum have waged war on America’s debt ceiling and worked hard to formulate a deal, there’s growing concern that the Treasury is going to issue more than $1 trillion in new bills. Many analysts are worried about this as they say such a move could have atrocious effects on the market. The Treasury May Hurt BTC Alex Lennard – investment director at global asset manager Ruffer – explained in an interview: Our concern is that if...
Read More »Polygon Announces Proposal Upgrade for MATIC Tokens
CoinspeakerPolygon Announces Proposal Upgrade for MATIC Tokens The proposed POL token is designed to operate seamlessly across all platforms, including Proof of Stake (PoS), zkEVM, and Supernets. Polygon Announces Proposal Upgrade for MATIC Tokens
Read More »BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital
CoinspeakerBlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital Over the past decade, the SEC has rejected as many as 30 spot Bitcoin ETF applications from firms such as Gemini, Fidelity, and WisdomTree. BlackRock Spot Bitcoin ETF Could Unlock $30T Worth of Capital
Read More »Sam Bankman-Fried Likely to Face All Charges, Prosecutors Say
Not long ago, Sam Bankman-Fried – the former crypto billionaire behind the now fallen digital exchange FTX – said he was requesting that as many as ten separate criminal charges he’s facing be thrown out. However, prosecutors describe this motion as “meritless,” and say they’re not only going to pursue all charges, but that it’s likely he’ll face penalties for many of them. Sam Bankman-Fried Isn’t Getting off that Easily Right now, among the many criminal...
Read More »Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants
CoinspeakerTelegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants While certain jurisdictions impose restrictions, Wallet's initiative aims to provide users with a seamless and convenient way to engage in digital asset transactions. Telegram’s Wallet Rolls Out In-App Crypto Payment Options, Offering New Opportunities for Merchants
Read More »Google Bard AI Chatbot Launches in EU with Spoken Responses and Visual Prompts
CoinspeakerGoogle Bard AI Chatbot Launches in EU with Spoken Responses and Visual Prompts With its latest expansion into the EU and the addition of new features, Bard is poised to make a significant impact on the way people communicate and interact with technology. Google Bard AI Chatbot Launches in EU with Spoken Responses and Visual Prompts
Read More »US Brokerage Startup Public Makes Foray in UK
CoinspeakerUS Brokerage Startup Public Makes Foray in UK Public aims to reduce the overall costs for investors, making its platform more appealing to UK users. US Brokerage Startup Public Makes Foray in UK
Read More »Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone
CoinspeakerVeteran Economist Steve Hanke Suggests that US Inflation Is Now Gone Hanke's commentary follows barely 24 hours after the US inflation rate for June came in lower than expected at 3%. Veteran Economist Steve Hanke Suggests that US Inflation Is Now Gone
Read More »EOS Price Analysis: Key Uptrend Support Intact at $0.70
EOS price started a downside correction below the $0.765 zone against the US Dollar. The price is now trading below $0.745 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.714 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.745 and $0.768 resistance levels. EOS price is declining below $0.768 against the US Dollar, unlike...
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