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 .
The post 3 Meme Coins That Could Reach $100 Billion Market Cap, Plus One Dark Horse Play For 2024 appeared first on Coinpedia Fintech News The meme industry has witnessed massive adoption in the past few years. What started as fun has grown to reach $54B in Market cap. Some analysts think that the meme coin market will grow to over $500B in the year. This article looks into the 3 top meme coins that could reach a $100B valuation …
OpenAI Startup Fund, which is related but operationally a distinct offshoot of the popular Artificial Intelligence (AI) company OpenAI, has secured $15 million in a funding round. OpenAI Startup Fund Taps Funding Through SPV The filing with the United States Securities and Exchange Commission (SEC) confirmed that the funds were raised in new cash on The post OpenAI Backed Startup Fund Pulls $15M In New Funding appeared first on CoinGape .
The Shredderz, a web3 rock and heavy metal band continues to make waves along industry spaces with a new non-fungible token (NFT) collection. The platform recently rolled out an NFT collection dubbed Shredz which includes 6,666 hand-drawn characters each linked to a Shredderz song. The web3 band seeks to scale up music collectible interaction offering The post The Shredderz: Web3 Rock and Heavy Metal Band Launches NFTs appeared first on CoinGape .
Yuga Labs CEO Greg Solano highlighted the success of creator royalties in the Yuga ecosystem, but acknowledged the current challenges. The post Yuga Labs CEO Announces Reorganization and Layoffs appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing .
As the crypto market has no signs of settling into a bullish zone for now, the investors have made peace with it. However, as the month is ending, the curiosity is also high as to what the next month will be for the cryptocurrency market. Before the month ends, look at the list of the The post Top Cryptocurrency Gainers & Losers Of The Week appeared first on CoinGape .
Bitcoin ETF: Spot Bitcoin ETFs in the U.S. continue to perform poorly, with a net outflow of $83.6 million on the week’s last trading day. Grayscale GBTC saw an outflow of $82.4 million and a marginally lower outflow than the past two days, indicating the lack of interest among institutional investors in Bitcoin ETF presently. The post Bitcoin ETF Records First All Net Outflow Of $83M Since Launch, Bitcoin Bottomed? appeared first on CoinGape .
US regulators have completely shut down Philadelphia-based Republic First Bank, the nation’s first bank failure of 2024. This creates a rift among those observing/investing in the crypto trade. Following the announcement, Bitcoin, Ether, and altcoins were slightly flattered. Bank failure prompts shift towards crypto Crypto trader Pillage Capital claimed that the Republic First Bank collapse
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 Memecoins to Buy With 100X Gains Potential appeared first on CoinGape .