Tag: Digital

Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

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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…

ECB Reaffirms Commitment to Cash as Digital Euro Advances

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As stablecoins and private digital currencies gain traction globally, the European Central Bank (ECB) doubled down on its commitment to keep public money, both physical and digital, at the core of Europe’s financial system. On Monday, ECB Executive Board member Piero Cipollone said in a blog post that euro banknotes and coins will continue to play a role in the financial ecosystem even if the central bank advances its digital euro plan.  “And rest assured: A digital euro will not replace banknotes and coins but rather complement them,” Cipollone said,…

Whale Buys $153M In Ethereum From Galaxy Digital OTC: Institutions Are Betting Big

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Ethereum is once again approaching critical levels after a stretch of volatile yet bullish price action. Following a sharp rebound from yesterday’s low of around $3,675, ETH is now trading above the $3,800 mark, regaining momentum as traders eye a decisive move. While short-term volatility remains, the overall structure favors continuation—provided ETH can break cleanly above the $4,000 resistance level. Related Reading This threshold now stands as the key barrier between consolidation and a potential rally toward new highs. A confirmed breakout would likely ignite fresh bullish momentum across the…

US Senator Declares ‘Year for Digital Assets’—Crypto Legislation Set to Reshape Markets

A U.S. senator has declared “this is the year for digital assets,” endorsing landmark federal efforts poised to transform crypto regulation, boost innovation and reshape financial markets. Senate Leadership Aligns With White House to Champion Crypto Revolution U.S. Senator Cynthia Lummis (R-WY) praised the President’s Working Group on Digital Asset Markets on July 30, describing […] Source CryptoX Portal

Galaxy Digital Abruptly Moves $447,000,000 Worth of Bitcoin (BTC), Sends Most to Crypto Exchanges: On-Chain Data

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Crypto financial services giant Galaxy Digital has abruptly moved $447 million worth of Bitcoin (BTC), on-chain data shows. According to the blockchain tracking platform Lookonchain, Galaxy Digital has just moved 3,782 BTC, only days after making another massive transaction of the flagship crypto asset. “Is Galaxy Digital helping clients sell BTC again? [On Monday], Galaxy Digital has transferred out another 3,782 BTC ($447 million), most of which went to exchanges.” On Friday, Galaxy Digital said that it facilitated the successful execution of “one of the largest notional Bitcoin transactions in…

Senate Committee Proposes Digital Asset Regulations

The U.S. Senate Committee on Banking, Housing, and Urban Affairs has released a Discussion Draft aimed at clarifying the regulatory landscape for digital assets. While still in early stages, the proposal signals a significant shift in how Congress may approach oversight of crypto markets, stablecoins, and digital asset intermediaries. The draft echoes several bipartisan efforts […] Source CryptoX Portal

Understanding the ASIC v Wallet Ventures Decision on Digital Assets

On July 24, 2025, the Full Federal Court of Australia issued its decision in ASIC v Wallet Ventures Pty Ltd [2025] FCAFC 93, dismissing the Australian Securities and Investments Commission’s (ASIC) appeal in a closely watched case concerning the regulatory status of crypto-asset products. The ruling affirms that Finder Wallet’s “Finder Earn” product does not […] Source CryptoX Portal

Anti-CBDC Bill Could Curb Fed’s Power Over Digital Dollar, Sponsor Says

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Representative Tom Emmer, the sponsor of the US House’s Anti-CBDC Surveillance State Act, said the bill, if passed, would significantly limit the Federal Reserve’s ability to issue a central bank digital currency. In a Friday press call, the Minnesota representative spoke on the progress of the Anti-CBDC bill, which he introduced in the House in March. “If [the Fed] could emulate cash, then the law is going to afford them that ability, but right now, they can’t,” said Emmer on the US government issuing a CBDC.  The bill was one…

Digital Euro No Silver Bullet to USD Stablecoins: ECB Adviser

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A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB). In a blog post published Monday on the ECB’s website, adviser Jürgen Schaaf outlined a range of strategic options for the European Union to address the rapid rise of dollar-based stablecoins. Among those options were regulated euro-pegged stablecoins, distributed ledger technology (DLT) applications and the ongoing development of the digital euro. He also emphasized the role of stronger global coordination on…