US

The post Donald Trump Goes Full Crypto With Plans To Integrate Bitcoin As US Reserve Asset appeared first on Coinpedia Fintech News Former President Donald Trump has openly supported Bitcoin (BTC), highlighting its potential as a strategic reserve asset for the United States. With digital assets gaining more mainstream acceptance, investors are turning to ETFSwap (ETFS) to tap into this growing institutional interest and position themselves for maximum returns in the potential crypto surge ahead. Donald Trump Champions Bitcoin (BTC)…

Amidst interest in BRICS from Southeast Asian countries, Zambia has become the latest country to ditch the US Dollar, threatening jail time for using foreign currency. BRICS has revealed its plans to launch a rival currency this year that could be backed by gold, but experts have lauded Bitcoin as a possible replacement. BRICS is enjoying great interest worldwide, with developing countries seeking to cut ties with the US dollar and seek an alliance. One African contender has announced that…

Ripple CLO Stuart Alderoty criticizes U.S. regulatory framework for lacking clarity. Ripple unlocks 1 billion XRP from escrow, impacting market dynamics. Stuart Alderoty, the Chief Legal Officer (CLO) of Ripple, has lately expressed his worries about the US strategy of crypto control. His comments fell during a panel discussion at Zurich, Switzerland’s Point Zero Forum. Alderoty voiced his discontent with the U.S. legal system for digital assets, stressing that the constant application of good regulation should produce expected results. Thanks…

The post 2024 US Voters Bet Big on Bitcoin: What’s Fueling the Crypto Fever?  appeared first on Coinpedia Fintech News A recent survey conducted by Grayscale has many interesting discoveries a crypto enthusiast loves to hear.  The prominent one is its revelation about the growing interest in Bitcoin among US voters. Let’s discuss a few key points revealed by the Phase 2 survey, held by Harris Poll for Grayscale from April 30 to May, 2024.  Rising Interest in Bitcoin: Statistics…

The mass adoption of Bitcoin globally is perceived as a desire for an alternative, better store of value in the long haul as more governments gradually devalue their respective fiat currencies. Chris Wood from Jefferies has inferred that short-term Bitcoin price volatility will be dismal in the long term amid mainstream adoption. In the wake of the much anticipated Mt.Gox repayment that began on Friday, Bitcoin’s (BTC) price registered heightened volatility. The flagship coin dropped as low as $53,898 earlier…

The post Bitcoin Decline Causes Sharp Drop In Crypto Stocks Ahead Of US Job Report appeared first on Coinpedia Fintech News The stock of prominent crypto companies experienced significant declines as Bitcoin’s decline intensified. MicroStrategy’s shares plummeted over 6% in premarket trading. The MSTR stock plunged 6.53% to $85.09 today. Bitcoin mining firms like Riot Platforms (RIOT) and Marathon Digital (MARA) suffered losses of 5.64% 6.48% and 8.8%, respectively. Further, Marathon Digital’s June mining output decreased to 590 BTC from…

The US Bureau of Labor Statistics reported Friday that employers added 206,000 jobs in June. The unemployment rate rose slightly to 4.1%, above the estimated 4.0%, while average hourly earnings remained at 0.3% monthly. Although this suggests that the US job market continues to experience healthy growth, there has been a muted response in crypto markets. New Jobs Created Beats Analysts Estimate According to the Bureau of Labor Statistics, the US economy added 206,000 jobs in June. While this represented…

The post US Government Transfers $13.7M in Seized Bicton: What’s Happening appeared first on Coinpedia Fintech News A recent X post shared by a user named PeckShieldAlert has stirred the entire crypto community. The post discusses a suspicious BTC transfer from a wallet that is connected to US government law enforcement. Let’s try to decode the mystery of this uncommon transfer! Ready?  Suspicious Bitcoin Transfer from US Govt Wallet: What We Know Now?  What we know about the transfer right…

Robinhood has extended its cryptocurrency trading services to Hawaii, Puerto Rico, and the U.S. Virgin Islands, allowing residents to trade Shiba Inu. Shiba Inu’s price rose slightly after Robinhood’s expansion announcement. Robinhood, a leading financial services platform, has extended its cryptocurrency trading services to Hawaii, Puerto Rico, and the U.S. Virgin Islands, allowing residents to trade Shiba Inu (SHIB) among other digital assets. This expansion aims to enhance the visibility and mainstream adoption of SHIB in these regions.  Crypto trading…