Tag Archives: United States

Although the US Securities and Exchange Commission has failed to approve even a single BTC ETF application, the Grayscale CEO believes it’s a matter of “when, not a matter of if.” In a recent interview, Michael Sonnenshein also outlined that the current price correction has allowed long-term investors to accumulate more portions. BTC ETF: A Matter of When not if The topic of Bitcoin ETF has surged in popularity lately as Brazil and Canada already have multiple such products...

The Chairman of the Federal Reserve of the United States, Jerome Powell, said today that the country is working on a publisher’s report on digital currencies. The Fed Chair said that the incoming report would focus on digital payments “broadly.” Per his words, this also includes stablecoins, crypto-assets, and central bank digital currencies (CBDCs). We’re going to address digital payments broadly. It means stablecoins, it means crypto-assets, it means a CBDC. That whole...

Jihan Wu, the founder and former CEO of the crypto mining company Bitmain, believes regulations are necessary for the cryptocurrency industry. In fact, they could be beneficial for the space as it would isolate it from bad actors and fraudulent activities. Wu: Crypto Regulations Are Healthy The topic of implementing a legislative framework around the crypto market has become wildly discussed in the past year or so as prices blossomed to new highs. Global watchdogs have...

The American hedge fund manager Kyle Bass sounded a note of caution that the communist regime in China plans to use its new state-controlled digital yuan as an instrument to disperse its totalitarianism across the globe. He opined that it would have a devastating impact on the US, and the latter should ban it. The Chinese CBDC Will Have a “Mind of its Own” In a recent interview, the billionaire Kyle Bass argued that the Chinese digital yuan is a financial tool, which the...

Bitcoin failed to produce any notable gains over the past week, and the same can be said about the entire cryptocurrency market. It appears that the most recent regulatory clampdown in China and talks of legislation in other countries continue to take their toll. At the time of this writing, BTC is trading at around $33,500, which is more or less exactly where it was last Friday. It started pushing forward over the past weekend, but the advance was halted on Monday, at around...

Democrat Senator Elizabeth Warren continues to bash the cryptocurrency space by calling the market “highly opaque and volatile.” Nevertheless, she believes the US watchdog – the SEC – needs to step up and implement a proper regulatory framework to enhance investors’ safety amid their growing demand. Surging Demand for the Opaque Crypto Market It’s not uncommon for those in power to lash out against the decentralized and unregulated nature of the cryptocurrency market....

According to a new report issued by cryptocurrency research firm Crypto Head, the United States is the most-ready nation to initiate full scale cryptocurrency adoption. Crypto Head Puts the U.S. in the Number One Spot Crypto Head is basing its figures on several factors, including the amount of bitcoin and crypto-based ATMs the U.S. has within its borders. Thus far, the United States has more than 17,000 bitcoin ATMs stationed throughout the country. In second place was...

Although Dogecoin’s popularity might be declining lately, other copycats continue to garner people’s attention, especially in the USA. CoinMarketCap’s stats show that tokens like Doge Killer, Baby Doge Coin, and Shiba Inu were among the most trending ones last week in the States, while Bitcoin and Ethereum were down the list. What Do Americans Look For? Ever since the start of the year, meme coins have caught the attention of cryptocurrency insiders and outsiders. The trend...

The cryptocurrency platform – Crypto Head – ranked the USA as the most prepared nation for the widespread adoption of digital assets. On the other hand, Cyprus is the country most interested in virtual currencies. Who Is Ready for Crypto? Despite the insecure nature of digital assets in terms of regulations, their popularity is still growing among investors. And while each country has its own specific approach towards the market, Crypto Head revealed which nations are the...

The past seven days turned out to be yet another period where bitcoin’s price went through a rather choppy action. The cryptocurrency is down about 3 percent in the last week, but it wasn’t without its ups and downs. Last Saturday, we saw BTC tanking to a low slightly above $30K, causing panic and a lot of worries amid the cryptocurrency community. However, right on the following day, on Sunday, the price surged, and a massive green candle took us all the way up to $35,000. A...