Month: April 2024

Stablecoin Legislation Must Respect the Dual-Banking System

To be sure, the dual-banking system itself at present is far from federalism perfected, and state and federal jurisdiction over banks does overlap in important ways; state-chartered banks that are members of the Federal Deposit Insurance Corporation and/or the Federal Reserve System, for example, face additional federal supervision. But such federal bank supervision makes even less sense for stablecoin issuers, which ultimately provide a payment tool (tokens designed to maintain a 1:1 peg with the U.S. dollar), not banking services. Source

Forget Meme Coins And NFTs, RWA And DePin Are The Next Big Things – Blockchain News, Opinion, TV and Jobs

Meme coins and NFTs have outlived their relevance, and it is now time for crypto investors to focus on DePin and RWA projects like ETFSwap (ETFS). Over the last three years, meme coins and non-fungible tokens (NFTs) have been among the leading narratives in the crypto space. Thanks to the hype around these meme coins and NFTs, crypto investors have made insane returns on their investments,  However, there is a change in the tide that the time has come to pivot from these meme coins and NFT projects and focus…

Solana, Arbitrum, and Milei Moneda show maximum bull run gains

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Market experts forecast significant gains for Solana ($435.99), Arbitrum ($5.38), and Milei Moneda as lucrative investments for 2024’s bull market. Solana (SOL) rebounds as the meme coin market receives a boost. Meanwhile, Arbitrum (ARB) attempts to reverse its losses after losing 38% of its value over the past year. On the other hand, experts tip Milei Moneda (MEDA) to be a leading meme coin in the upcoming bull run. …

Legendary Trader Predicts When Bitcoin’s Bull Run Will End

In a recent analysis, veteran trader Peter Brandt delved into the price behavior of Bitcoin, suggesting that the cryptocurrency might have reached its peak for the current cycle. According to Brandt, Bitcoin is exhibiting signs of “Exponential Decay,” indicating a weakening in the momentum of its bull market cycles over the years. “Does history make a case that Bitcoin has topped? It’s called Exponential Decay — and it describes Bitcoin,” Brandt wrote. He further explained, “The fact is that the bull market cycles in Bitcoin have lost a tremendous amount…

Bitcoin Technical Analysis: Persistent Bearish Trends Hinder BTC’s Recovery

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As of April 29, 2024, bitcoin remains under considerable bearish pressure according to multiple indicators across different time frames. Currently trading at $62,279, bitcoin has shown a 24-hour range between $61,994 and $63,929. Bitcoin Bitcoin’s (BTC) daily chart presents a stark bearish trend with a series of lower highs and lower lows, suggesting that sellers […] Original