Tag: Issues

CFTC Issues New Advisory Paving the Way for Foreign Crypto Exchanges To Offer Services to US Traders

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The U.S. Commodity Futures Trading Commission (CFTC) has issued a new advisory, paving the way for foreign crypto exchanges to offer trading services to US users. CFTC Acting Chairman Caroline D. Pham says the advisory provides regulatory clarity for the foreign board of trade (FBOT) registration framework, which is designed to give non-US entities the ability to provide US residents with market access. “Today’s FBOT advisory provides the regulatory clarity needed to legally onshore trading activity that was driven out of the United States due to the unprecedented regulation by…

Peter Schiff Berates Bitcoin, Issues $75,000 Bearish Price Target

Key Notes Mantra has announced the launch of its first regulated RWA product. Traders expect the launch could boost OM price after months of decline. Nearly 30% of OM supply has already migrated to the MANTRA Chain mainnet. Bitcoin (BTC) price recently dropped below $110,000, providing popular critic Peter Schiff with the opportunity to give one of his pessimistic opinions. According to the economist, the price of the flagship cryptocurrency is headed for a bearish turn and may possibly reach $75,000 in no time. Peter Schiff and His Pessimistic Bitcoin…

Bitcoin and altcoins may crash as top trader issues Fed warning

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Bitcoin and altcoin prices could be at risk of further downside as a top trader warns that the Federal Reserve may be about to err on monetary policy.  Summary Bitcoin and altcoin prices may crash as a top trader warns on the Fed. He believes that the Fed should not cut interest rates in September.  A Fed cut delay may affect Bitcoin, altcoins, and the stock market. Bitcoin (BTC) price crashed to $113,000 today, Aug. 19, its lowest level in over a week, and 8.60% from its highest point this…

Smarter Web Company Issues $21M of Bitcoin-Denominated Bonds

The Smarter Web Company, a publicly traded United Kingdom-based firm holding Bitcoin on its corporate balance sheet, has raised $21 million through a new Bitcoin-denominated bond offering, marking a rare move in British capital markets. In a Wednesday London Stock Exchange announcement, The Smarter Web Company disclosed it launched a Bitcoin-denominated bond that has already raised 15.8 million British pounds ($21 million). The bond was offered in a fully subscribed round backed by the French asset management giant Tobam. The new product “Smarter Convert” was designed in partnership with Tobam,…

Pi Network Adds Fiat Option to Ease Wallet Issues

Key Notes Even after adding TransFi as a new fiat on-ramp, the price remains weak with trading volume surging to $88 million, signaling bearish sentiment. Pi advocate Kim H Wong flagged two key problems: the lack of dApps enabling real-world utility, and locked tokens in wallets limiting usability. Pi token supply on centralized exchanges jumped nearly 10% in July, reaching 405 million. Following the Pi2Day event in late June, Pi Network’s native cryptocurrency Pi coin PI $0.41 24h volatility: 0.4% Market cap: $3.20 B Vol. 24h: $88.82 M has seen…

Divine Issues 30K Crypto Loans Using Sam Altman’s World ID

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San Francisco-based lender Divine Research has issued around 30,000 unbacked short-term crypto loans since December, using OpenAI CEO Sam Altman’s iris-scanning platform World ID to verify borrowers. Divine offers loans under $1,000 in the USDC (USDC) stablecoin, mainly to overseas borrowers underserved by traditional finance. It uses World ID to ensure users cannot open multiple accounts after defaulting. “We’re loaning to average folks like high-school teachers, fruit vendors . . . basically anyone with access to the internet can get access to our funds,” Divine founder Diego Estevez told the Financial Times. “This is…

Solana ETF Approval Fast-Tracked as SEC Issues New July Deadline – Will SOL Price Hit $200?

Key Notes The SEC’s new July 31 deadline for Solana ETF refilings suggests approval could come earlier than the formal October deadline. Polymarket bettors now price in 99% probability of SOL ETF approval before 2025 ends, reflecting strong market confidence. Technical analysis shows SOL could target $200-260 if ETF approval triggers institutional demand similar to Bitcoin and Ethereum patterns. The US Securities and Exchange Commission (SEC) appears poised to approve Solana ETFs faster than expected as the regulator directs issuers to re-submit filings by a new July 31 deadline. SEC…

Scam Alert: Trezor Wallet Issues Major Security Update

Key Notes Trezor neutralized a phishing attack targeting its support contact form. No user data was breached, and the threat has been contained. New products like Trezor Expert and Safe 5 aim to simplify secure self-custody. . Trezor Wallet, a well-known hardware cryptocurrency maker, has issued an urgent security alert following a recent phishing attempt. According to a post on X, cybercriminals used Trezor’s support contact form to impersonate the company representatives and try to steal sensitive user information. Trezor Wallet Asks Users to Stay Cautious The phishing emails were…

Robert Kiyosaki Issues $1 Million Bitcoin Price Prediction

Key Notes Robert Kiyosaki has revised his Bitcoin price target to $1 million by 2030. The financial advisor advocates for quantity over price focus when it comes to Bitcoin investing. Kiyosaki continues to advise investors to invest in BTC as a hedge against inflation. As is his custom to dish out financial advice, Robert Kiyosaki, the author of Rich Dad Poor Dad, has shared his thoughts on the prospects of Bitcoin BTC $104 991 24h volatility: 0.3% Market cap: $2.09 T Vol. 24h: $29.20 B among his other money talks.…