Author: CryptoHoppers
In a groundbreaking development for the financial and blockchain industries, BlackRock has made history by purchasing its first municipal bond issued entirely through blockchain technology. JUST IN: BlackRock ETF buys first muni bonds issued through blockchain. — Watcher.Guru (@WatcherGuru) December 18, 2024 According to the report, the leading asset manager executed the transaction via its iShares Short Maturity Municipal Bond Active ETF (MEAR), a fund that manages $750 million in assets and has been in operation for over a decade. The purchase shows a transformative moment for blockchain adoption in traditional finance. The municipal bond, issued in April by Quincy,…
Key Takeaways Stephen Miran, a Bitcoin advocate, has been nominated by Donald Trump as the chair of the Council of Economic Advisers. Miran supports crypto’s role in economic growth and criticizes the current financial regulatory framework as overly burdensome. Share this article President-elect Donald Trump has picked Stephen Miran as his nominee for chair of the Council of Economic Advisers (CEA). Miran, recognized as a pro-innovation and Bitcoin supporter, previously served as a senior adviser for economic policy at the Treasury Department during Trump’s first administration.If confirmed by the Senate, he will oversee the CEA, which advises the President on…
An analyst who continues to build a following with macro crypto calls believes Bitcoin (BTC) is almost ready to enter the parabolic stage of its market cycle. Pseudonymous analyst TechDev tells his 490,300 followers on the social media platform X that Bitcoin is flashing technical signals that preceded steep rallies in the past. The trader shares a chart suggesting that Bitcoin has breached the upper range of its Bollinger Bands in the two-month time frame after spending about two years recovering from a bear market bottom. Traders use Bollinger Bands to identify potential periods of volatility expansion and determine whether…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock, an AI-powered GambleFi protocol, is gaining attention as it challenges Solana and Ripple, with analysts predicting a 50x-100x rally in 2025. A promising new altcoin is expected to take off in 2025 at the expense of major cryptos such as Ripple and Solana. Solana has been unable to follow the price pattern of Bitcoin and has reached a resistance mark around the $220 level. While down 5% in 24 hours, Ripple is performing a little better than the…
Key Takeaways Google will require UK crypto advertisers to have FCA authorization starting January 2025. Hardware wallets can advertise without FCA registration if they solely store private keys. Share this article Google is updating its crypto ads policy, placing stricter requirements on advertisers seeking to promote crypto services and products in the UK. The updated rules will require crypto exchanges and software wallet providers to register with the Financial Conduct Authority (FCA) before advertising on its platform.While these services fall under the strict FCA registration requirement, ads for hardware wallets are subject to different rules. The new policy permits hardware…
M^0, the stablecoin infrastructure provider, has inked its second integration deal, this time with the fast-growing, fiat-backed stablecoin issuer Usual. This marks the latest diversification of Usual’s reserves, which were previously backed solely by the tokenized money market fund Hashnote, built by the founders of DRW.Usual, launched just four months ago, has charted a rocketing path to growth. On Wednesday, it surpassed $1 billion in market capitalization, making it the seventh-largest stablecoin. M^0 (pronounced M Zero) has also seen remarkable growth since launching earlier this year. “There are a few extensions in the pipeline,” M^0 co-founder Gregory Di Prisco told The…
Key Takeaways Rumble secured a $775 million investment from Tether to fuel growth and stockholder liquidity. Tether’s partnership with Rumble sparks speculation on tipping and crypto payment integrations Share this article Rumble has secured a $775 million investment from stablecoin issuer Tether, marking a significant milestone for the video-sharing platform. As part of the deal, Tether will purchase 103,333,333 shares of Rumble Class A Common Stock at $7.50 per share.The video-sharing platform will allocate $250 million of the proceeds to growth initiatives, with the remaining funds supporting a self-tender offer for up to 70 million shares of its Class A…
El Salvador’s Bitcoin office recently announced the deposit of over a million dollars’ worth of Bitcoin into the country’s Strategic Bitcoin Reserve, making it the first nation in the world to create such a reserve. El Salvador: The First Country in The World to have a Bitcoin Reserve 🇸🇻We just transferred over a million dollars worth of Bitcoin to our Strategic Bitcoin Reserve. pic.twitter.com/4ZrxGw9Od0 — The Bitcoin Office (@bitcoinofficesv) December 20, 2024 The announcement followed the purchase of 11 bitcoins worth $1.07 million by a wallet address linked to El Salvador earlier today. Courtesy: Arkham After El Salvador struck…
According to multiple sources, the leading tech giants, NVIDIA and Intel will likely integrate Hedera blockchain (or hashgraph) in all of their chip manufacturing in the coming years to comply with EU AI regulations. EQTY Lab, in collaboration with Intel and NVIDIA, has introduced Verifiable Compute, a hardware-based solution designed to enhance trust and verification in AI systems. The innovation roots trust directly in the silicon of next-generation hardware to ensure that AI data and computations are tamper-proof and fully traceable. 🚨BREAKING: NVIDIA and Intel will likely embed $HBAR tech in all of their chips over the coming years due…
Key Takeaways US Bitcoin ETFs experienced historic outflows with investors withdrawing $672 million in a day. Fidelity’s Bitcoin Fund led the outflows, followed by Grayscale and ARK Invest ETFs. Share this article US spot Bitcoin ETFs suffered their largest-ever single-day outflow amid a sharp crypto market sell-off following the FOMC meeting. According to Farside Investors data, approximately $672 million exited these funds on Thursday, ending a period of net inflows that began in late November.The massive withdrawal eclipsed the previous record of nearly $564 million set on May 1, when the group of spot Bitcoin ETFs saw nearly $564 million…