Tether CEO Paolo Ardoino hailed the signing of the GENIUS Act by U.S. President Donald Trump on July 18 as a pivotal milestone in creating a transparent regulatory framework for digital assets in the United States. He stressed that thoughtful regulation is key to unlocking innovation, safeguarding consumers, and accelerating the mainstream adoption of blockchain […] Source CryptoX Portal
United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens. The lawmaker said that regulated stablecoins feature “functional surveillance capabilities,” which make them indistinguishable from CBDCs. In a separate social media post, she added: “This bill regulates stablecoins and provides for the backdoor central bank digital currency. The Federal Reserve has been planning a CBDC for years, and this will open the door to move you to a…
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📈 1. Stock Market The stock market is where investors buy and sell shares of publicly traded companies. • Assets traded: Company stocks (e.g., Apple, Tesla), ETFs, and derivatives. • Major exchanges: NYSE, NASDAQ, London Stock Exchange. • Participants: Retail traders, institutional investors, hedge funds. • Hours: Operates during set business hours (e.g., 9:30 AM – 4:00 PM EST for U.S. markets). • Regulated by: Government bodies like the SEC (U.S.). Key feature: • Driven by company performance, economic indicators, and market…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
Financial analyst Taylor Kenney warns that current government monetary policies are accelerating a massive, hidden transfer of wealth to economic elites while creating a deceptive “illusion of prosperity” for the general public. Wealth Transfer Accelerates as Currency Devalues, Gold Advocate Warns Taylor Kenney of the full-service precious metals firm ITM Trading argues that continuous government […] Source CryptoX Portal
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According to Cyvers, a hack was detected at the Indian centralized exchange CoinDCX, resulting in the theft of approximately $44.2 million in USDC and USDT from one of its operational wallets on Solana. Official Confirmation and Initial Exchange Response The blockchain security firm Cyvers said its system detected a hack into the Indian centralized exchange, […] Source
A popular XRP proponent recently projected a clear path for XRP to reach $1,000. Particularly, crypto commentator BarriC laid out a multi-stage price forecast that places the XRP price on a trajectory toward $1,000. The statement, posted on the social media platform X, follows XRP’s recent surge to a new all-time high for the first time since 2018. Expert Predicts Multi-Stage XRP Price Explosion XRP has been on an interesting price run since the beginning of the month, which kicked off when it broke out of its long-term consolidation below…
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Macroeconomic drivers, including the decline of the US dollar (USD), will dampen the effects of the Bitcoin (BTC) halving cycle, which is the source of the market booms and busts that have been a feature of BTC since 2009, according to investor and founding partner of venture capital (VC) firm Draper Associates, Tim Draper. “Between 10-20 years from now, the dollar will be extinct,” Draper told Cointelegraph in an interview. “The world is changing, and we are watching it happen. We are right in the center of an anthropological leap forward,”…