Author: CryptoHoppers
Key Takeaways Federal Reserve Governor Waller supports a possible interest rate cut as soon as July. Current futures markets indicate traders expect a rate cut later, most likely in September. Share this article Fed Governor Christopher Waller has shown support for an interest rate cut in July, saying that inflation is no longer a major economic threat and that the central bank should begin easing before any labor market slowdown.Waller, speaking in a recent CNBC “Squawk Box” interview, argued that it would be unwise to wait for the job market to deteriorate before responding. He suggested that the Fed should…
X chief executive Linda Yaccarino clarified that users will soon gain the ability to conduct investments and trades directly on the social network. Yaccarino emphasized, “You will be able to live your whole financial life on this platform.” From Tweets to Trades: X to Launch Finance Features With U.S. Rollout First Linda Yaccarino, CEO of […] Source link
TLDR: Coinbase aims to tokenize equities for 24/7 blockchain-based trading access. The exchange needs SEC approval before launching tokenized stock offerings. Regulatory clarity could unlock wider institutional participation in tokenized assets. Kraken launched xStocks abroad, but U.S. access remains limited due to SEC rules. Coinbase is preparing to enter the tokenized equities market, aiming to offer stock trading through blockchain technology in the United States. The crypto exchange is pursuing approval from the U.S. Securities and Exchange Commission to launch the service. If cleared, the move could mark a shift in how traditional equities are traded, blending blockchain with mainstream…
Key Takeaways Russia’s crypto mining sector is still largely unregistered despite new rules. The Russian government is considering increasing fines to enforce compliance with the crypto mining regulations. Share this article Russian Deputy Minister of Finance Ivan Chebeskov said Thursday that the country’s mining sector still operates largely in the shadows, with only 30% of miners registered with the Federal Tax Service since President Vladimir Putin signed new mining legislation in the summer of 2024.Chebeskov, speaking at the 28th St. Petersburg International Economic Forum (SPIEF), said that the goal of introducing mining laws was to bring more transparency and oversight…
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved…
Shanghai’s new e-CNY operations center is China’s answer to the stablecoin-led disruption of cross-border finance, signaling that the digital yuan isn’t just for domestic trials anymore, but for an open audition on the global economic stage. On June 18, People’s Bank of China Governor Pan Gongsheng took the stage at Shanghai’s Lujiazui Forum to unveil what may become the digital yuan’s most consequential maneuver yet. Among eight sweeping reforms, the establishment of an e-CNY international operations center stood out, designed to pilot blockchain-based trade finance tools and streamline cross-border settlements. Pan was deliberate in his speech. While acknowledging that stablecoins…
Key Takeaways Purpose Investments has debuted Canada’s first XRP spot ETF on the Toronto Stock Exchange. The ETF trades under the ticker XRPP and provides direct exposure to XRP with multiple currency options. Share this article Purpose Investments, Canada’s leading crypto ETF provider, has officially launched the Purpose XRP ETF on the Toronto Stock Exchange. The fund is the country’s first investment product that offers direct exposure to XRP, the fourth-largest crypto asset by market cap.The launch follows Monday’s confirmation that Purpose Investments secured final OSC approval and was set to go live on Wednesday. The asset manager submitted a…
Key Takeaways:Coinbase CEO Brian Armstrong met with UK policymakers, pushing for clear crypto regulation.Armstrong says Britain is at a “pivotal moment” to become a global leader in digital assets.Coinbase’s expansion strategy highlights the UK as a prime destination amid U.S. regulatory uncertainty.Coinbase CEO Brian Armstrong made headlines this week during his visit to London, where he met with UK officials to discuss the country’s position in the global crypto economy. His message was direct: the UK must act decisively to build a regulatory framework that welcomes innovation and secures its role as a crypto powerhouse.UK Positioned as a Potential Crypto…
[…] to why X has suspended Pump.fun’s account. While the social media platform cites rules violation, crypto market watchers have come up with various speculations. For instance, some believe that the suspension is […] Source link
Key Takeaways Hong Kong-based food group DDC Enterprise Limited aims to raise $528 million to expand its Bitcoin holdings. The funding includes contributions from Anson Funds, Animoca Brands, Kenetic Capital, and QCP Capital. Share this article DDC Enterprise, also known as DayDayCook, a publicly traded consumer brand focused on wellness-driven meal solutions, said Tuesday it will secure up to $528 million in gross proceeds to expand its Bitcoin holdings.The capital will be sourced through a combination of equity investments, convertible notes, and an equity line of credit.The NYSE-listed company’s funding package includes a $26 million equity PIPE investment from investors…