A widely followed cryptocurrency analyst and trader is expressing bullish sentiment on a top-20 altcoin by market cap. The analyst pseudonymously known as Bluntz tells his 257,300 followers on the social media platform X that Ethereum (ETH) competitor NEAR Protocol (NEAR) is currently outperforming other crypto assets. “Love how NEAR just keeps plodding along making The post ‘Hands Down a Market Leader Right Now’: Trader Says Top Ethereum Rival Will Be One of the First To Hit New Highs appeared first on The Daily Hodl .
The Depository Trust & Clearing Corporation (DTCC), which handles the settlement of most securities transactions in the United States, has announced changes to collateral valuation that will be implemented starting April 30, 2024. DTCC has made it clear that it will not provide collateral or extend loans for exchange-traded funds (ETFs) that involve Bitcoin or
The world’s largest cryptocurrency Bitcoin (BTC) continues to face some selling pressure and has corrected under $63,000 dropping another 2% in the last 24 hours. On-chain data shows that Bitcoin investors are losing patience as buy calls take a dip while sell calls are on the rise. Bitcoin Sell Calls Jump Bitcoin’s price plummeted under The post Bitcoin ‘Sell’ Calls on the Rise Amid Trader FUD and Impatience, What’s Next? appeared first on CoinGape .
Solflare has successfully onboarded over 500,000 MetaMask users to Solana through its strategic integration of MetaMask Solana Snaps. The integration, announced in late 2023, enables the users to directly manage Solana assets via MetaMask directly, thus eliminating the separation between Solana and other blockchain networks. The move has been critical in increasing Solana adoption rates, The post Solflare Campaign Attracts 500K MetaMask Users to Solana appeared first on CoinGape .
Representative French Hill, a prominent Republican member of the Financial Services Committee, expressed his willingness to endorse combined legislation linking marijuana banking with stablecoin regulation, provided negotiators can come to an agreement. House Leadership to Decide on the Bill During an interview on Bloomberg Television’s “Balance of Power,” Hill indicated that the method of passing The post House Republican Proposes A Marijuana-Stablecoin Combo Bill appeared first on CoinGape .
The global macros continue to show worrying signs as the Japanese Yen has collapsed to a 34-year low against the USD. Moreover, the weakness in Yen is fueled by a strong USD. The stubborn U.S. inflation has forced the Fed to keep holding interest rates higher for a longer period than expected. As the Japanese The post Michael Saylor Says Bitcoin Is Hope for Japan As Yen Collapses to 34-Year Low appeared first on CoinGape .
A bill on mining cryptocurrencies is being currently held in the Russian state of Duma. According to the local media, deputy chairman of the State Duma Committee on Information Policy, Anton Gorelkin stated that the measure about mining cryptocurrency is being presented to the body on Friday. The bill comes at a time when globally The post Russian State Duma Contemplates Bill on Mining Cryptocurrencies appeared first on CoinGape .
In a society where cryptocurrency is widely recognized, the market is always changing as new participants are continually entering the scene. Despite Bitcoin and Ethereum being the focus of media attention, there is a vast array of memecoins that remain unexplored within the cryptocurrency ecosystem. Today, in the midst of a market downturn following the The post New Meme coins to Buy With 100X Gains Potential appeared first on CoinGape .
Former Federal Reserve Board special adviser Andy Levin has called out Donald Trump and his advisers for their alleged plans of remodeling the Federal Reserve. Notably, the plan—which is contained in a classified 10-page document—proposes Trump having unprecedented control over the actions of the central bank, possibly even to the point of firing Fed Chair The post Former Federal Reserve Adviser Calls Out Trump Allies’ Fed Remodeling Plans appeared first on CoinGape .
The collapse of Republic First Bancorp has led to the bank’s seizure by regulatory authorities. According to news reports, the Federal Deposit Insurance Corp. announced that US regulators had seized Republic First Bancorp and agreed to sell it to Fulton Bank. The failure of the banks highlights problems faced by smaller banks in the US. The post Philadelphia-based bank Republic First Seized by US Regulators; What’s Next? appeared first on CoinGape .