#TREASURY News

Iran to Launch Public Pilot for Digital Currency on Kish Island

cryptonews.com The Central Bank of Iran (CBI) formally unveiled on June 18 the public pilot launch of the digital rial, the nation’s central bank digital currency (CBDC). The pilot program…

Bitcoin Education Can Change The World

bitcoinmagazine.com Company Name: Mi Primer Bitcoin Founder: John Dennehy Date Founded: August 2021 Location of Headquarters: El Salvador Amount of Bitcoin Held in Treasury: Approximately 0.5…

BlackRock Issues ‘Unprecedented’ Fed Warning After $300 Billion Bitcoin And Crypto Price Crash

forbes.com Bitcoin and crypto prices have moved sharply lower since early June, wiping $300 billion from the combined crypto market (even as the market braces for a $4 trillion…

MicroStrategy, GameStop, Coinbase & Bitcoin Miners Stocks Echo Crypto Market Crash

coingape.com In the latest wave of market turbulence, key stocks linked to the crypto industry have taken a significant hit. These crypto stocks reflected the broader downturn in the…

Futures Funding Rates Show Bitcoin Traders Are Still Bullish Despite Rout

decrypt.co Despite the recent market rout, Bitcoin and Ethereum funding rates on perpetual futures contracts are still bullish, according to data from CoinGlass. Funding rates are…

Here’s Why Tether’s Gold-Backed Stablecoin Is A Genius Business Idea, Explains Analyst

coingape.com On Monday, June 17, stablecoin issuer Tether launched its gold-backed stablecoin Alloy (aUSDT) as a synthetic dollar overcollateralized by Tether Gold (XAUt). This launch…

Gold Price Prediction: What Next For the Precious Metal?

watcher.guru The price of gold dipped on Monday as the U.S. dollar strengthened on higher Treasury yields. The DXY index, which tracks the performance of the U.S. dollar shows the…

How Bidenomics Is Crushing Generation Z

tftc.io Young Americans are increasingly dissatisfied with “Bidenomics,” and recent data on consumer debt helps explain why. About 1 in 7 Generation Zers have maxed out their credit…

Malaysia Tightens The Noose On Crypto Taxation With Nationwide ‘Ops Token’ Initiative

bitcoinist.com To curb tax evasion within the cryptocurrency sector, the Malaysian Inland Revenue Board (IRB) has initiated a special operation named “Ops Token.” This campaign, conducted…

Crypto Could Avert Debt Crisis, Says Ex-US House Speaker

bitcoinist.com In a proposal laid out in the Wall Street Journal, former Speaker of the House Paul Ryan has advocated for a novel fiscal strategy that integrates cryptocurrency,…

Bitcoin Vs. Altcoins: Renowned Finance Author Reveals The Easiest Way To Become A Millionaire

bitcoinist.com Robert Kiyosaki, the author of the renowned book “Rich Dad Poor Dad,” recently revealed Bitcoin is the easiest way anyone can become a millionaire. The renowned finance…

U.S. Treasury Warns That NFTs Are Vulnerable To Fraud and Money Laundering

thedefiant.io The Treasury Department said NFTs could serve as a vehicle for a variety of illicit activities. The U.S. Treasury Department is sounding the alarm on NFTs. On May 29, the…

Presidential Candidate RFK Says Bitcoin Can Help Solve The U.S. Debt Crisis

thedefiant.io Robert F. Kennedy Jr., the U.S. presidential candidate, believes Bitcoin and blockchain technology could offer solutions for addressing the U.S. debt crisis. Speaking during…

Unregulated Stablecoins Pose Risk To National Security: U.S. Treasury Department

thedefiant.io The U.S. Treasury Department wants to crack down on jurisdictional regulatory arbitrage. The United States Treasury Department believes unregulated stablecoins pose a…

SEC, FinCEN Propose Customer Identification Program Requirements for Registered Investment Advisers and Exempt Reporting Advisers

sec.gov Today the Securities and Exchange Commission and the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) jointly proposed a new rule that would…

price prediction as new Solana meme coin launches tomorrow

coinjournal.net Solana shows signs of recovery but must break $150 and $152.50 resistances. Solciety (SLCTY) meme coin launches June 18, merging politics and memes. Solciety’s presale…

Over 300 Million Users Depend on Tether’s USDT, Says Paolo Ardoino

beincrypto.com Tether CEO Paolo Ardoino recently emphasized USDT’s significant role in driving demand for the US dollar in emerging markets. Ardoino’s comments were in response to an…

Here is Why the Crypto Market is Down 20% & Bitcoin 5% This Week

coingape.com The past week has witnessed significant downturns in the cryptocurrency market, with overall valuations sliding by 20% and Bitcoin by 5%. This shift occurred amid…

Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

newsbtc.com The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time…

Inflation, Wage Stagnation, and the Real State of US Employment

tftc.io Recent discussions about the US economy have highlighted conflicting interpretations of labor market data. Questions have arisen regarding the accuracy of the establishment…

Cardano’s Chang Fork Hands $681 Million Treasury to Community

beincrypto.com The Cardano community is set to take control of a $681 million treasury, making it one of the largest in the cryptocurrency market. This move comes with the highly…

ADA price prediction as Cardano hands over control of $680M treasury to community

finbold.com is set to hand over control of its $681.9 million treasury to its community, marking a significant step towards full decentralization. This change is part of the upcoming…

TFTC

tftc.io This episode of TFTC features a deep dive into the unique intersection of Bitcoin and football, with a spotlight on Botev Plovdiv, the oldest football club in Bulgaria. The…

Cardano Community To Inherit $681M Via Chang Hard Fork Upgrade

coingape.com community is at the verge of inheriting a treasury with ADA tokens worth approximately $681 million. Cardano Community to Benefit from Chang Hardfork Cardano boasts of…

Michaël van de Poppe Believes Crypto Bullish Momentum Will Soon Pickup Led by Ethereum (ETH)

coinpedia.org The post Michaël van de Poppe Believes Crypto Bullish Momentum Will Soon Pickup Led by Ethereum (ETH) appeared first on Coinpedia Fintech News Bitcoin (BTC) price has…

Binance Removes These BTC, TUSD, BNB Pairs, What’s Happening?

coingape.com Binance, the world’s largest cryptocurrency exchange, announced the delisting of several spot trading pairs due to poor liquidity and trading volume. This decision is part…

US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions

news.bitcoin.com U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury…

Biden nominates CFTC Commissioners to top spots at FDIC and Treasury Department

theblock.co President Biden tapped crypto conscientious CFTC Commissioners Christy Goldsmith Romero and Kristin Johnson to positions at the FDIC and Treasury, respectively.

OFAC Sanctions Russian National Over Money Laundering Through Cryptocurrency

cryptonews.com The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced additional measures on June 12 to increase pressure on Russia in response to its ongoing…

MicroStrategy Latest Move: Sell Stocks, Buy Bitcoin Worth $500 Million

bitcoinist.com MicroStrategy, the business intelligence firm with an insatiable appetite for bitcoin, sent ripples through the market this week after announcing a $500 million convertible…

No, Donald Trump Won’t ‘Make Bitcoin Great Again’: Experts Weigh In

beincrypto.com Former President Donald Trump’s recent statement about wanting all Bitcoin to be made in the US has sparked a debate within the crypto community. While some Bitcoin…

Russia-Linked Crypto Addresses May Face US Market Lockout

beincrypto.com Amid ongoing political tension between the US and Russia, crypto addresses owned by Russian traders could be locked out of the US market. Meanwhile, Russia has suspended…

BNB Chain & Binance Labs Launch BNB Incubation Alliance (BIA): Here’s Everything

coingape.com In a bid to boost optimism across the Web3 domain, BNB Chain, a blockchain created by Binance, and Binance Labs, the venture capital arm of Binance, have collectively…

White House Expected to Nominate CFTC Commissioners to FDIC, Treasury Roles: Reports

coindesk.com None Commodity Futures Trading Commission, Commissioner Christy Goldsmith Romero is expected to get nominated to be the next Federal Deposit Insurance Corporation Chair. •…

US Lawmaker Brad Sherman Pushes Crypto Amendment In NDAA Bill

coingape.com Californian Democrat Brad Sherman has filed a significant crypto amendment with the House Rules Committee. This amendment is proposed to be included in the must-pass…

BNB Chain and Binance Labs Collaborate With Top VCs To Launch BNB Incubation Alliance (BIA)

cryptopotato.com [PRESS RELEASE – Dubai, UAE, June 13th, 2024] BNB Chain, the community-driven blockchain ecosystem that includes the world’s largest smart contract blockchain, and Binance…

Altcoin Trading Addiction Is A Problem: UK’s National Health Service

beincrypto.com The UK’s National Health Service (NHS) has highlighted that an increasing number of young men are succumbing to addictions related to trading altcoins. This addiction has…

MicroStrategy Raises $500 Million to Expand Bitcoin Holdings

bitcointoday.app MicroStrategy**, the **business intelligence giant**, has announced plans to raise **$500 million** through a stock sale, with the proceeds exclusively used to **purchase…

Crypto trading addiction has become a public health concern in the UK

cryptobriefing.com The UK’s National Health Service recently claimed that addiction to crypto trading has become a public health concern in the country. According to a statement from NHS chief…

Australia's Treasury to Include Stablecoin Rules in Crypto Bill Draft, ASIC's Warning For Crypto Entities

coindesk.com Australia's regulators have provided rare updates on their plans for the digital assets sector, including plans to introduce a draft framework for stablecoins and hinted…

Crypto Analyst Predicts Cardano Price Will Rally 370% To $2, Here’s The Timeline

newsbtc.com Cardano is one of the cryptocurrencies that continues to see bullish expectations from crypto analysts. One crypto analyst, in particular, who gets by @Av_Sebastian on X…

The US Lost 14% of Blockchain Developer Share Since 2018: Coinbase

unchainedcrypto.com America’s top public companies have been busy onchain, with Fortune 100 companies deploying a record number of onchain initiatives in the first quarter of 2024, according to…

SushiSwap Creates Sushi Labs Council and Multi-Token Model

thedefiant.io Decentralized exchange SushiSwap is introducing a “multi-token” model and creating a new “council structure” dubbed Sushi Labs, to operate alongside the protocol’s…

On the Margin Newsletter: Fed leaves interest rates unchanged; expects cuts by end of year

blockworks.co Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter. Welcome to…

Cardano Set For Voltaire As Interest In ADA Spikes: Is $1 Imminent?

watcher.guru Among the latest developments, Cardano (ADA) is now heading closer to embracing its Voltaire era via a series of events. This new era for ADA will play an elemental role in…

Bitcoin Surges as Fed Leaves Rates Unchanged

thedefiant.io Global markets were buoyed as U.S. inflation data for May came in cooler than expected. Crypto markets rallied on Wednesday as the Federal Reserve left interest rates…

Fed Holds Policy Steady, but Sees Just One Rate Cut This Year

coindesk.com As expected, the Federal Open Market Committee of the U.S. Federal Reserve Wednesday held its benchmark fed funds rate range at 5.25%-5.50%, but its economic outlook now…

56% of Fortune 500 execs confirm crypto initiatives in motion: Coinbase survey

cryptobriefing.com 56% of Fortune 500 executives said their firms are actively working on blockchain initiatives, according to Coinbase’s survey published on Thursday. The adoption spans from…

BRICS: Russia’s Moscow Stock Exchange Halts US Dollar, Euro Trading

watcher.guru In response to a new round of sanctions on the BRICS nation, Russia’s Moscow Stock Exchange has halted all trading in the US dollar and Euro. The leading financial…

Tether teases new assets as old ones are forgotten

protos.com Tether chief exec Paolo Ardoino has taken to X (formerly Twitter) to tease that Tether is prepared to “unveil its new class of digital assets” next week. It’s not clear…

Bitcoin Surges Amid Lower-than-Expected CPI Data and Fed Rate Cut Speculations

thecryptobasic.com Bitcoin rose to $69,499 after May’s CPI data showed a drop to 3.3%, fueling market optimism for rate cuts and boosting the crypto market. The recent release of the U.S.…

Ethereum to ‘attack’ its all-time high, lead altcoins at ‘upwards only’ market

finbold.com The cryptocurrency market is poised for a significant turnaround, which could drive Ethereum (ETH) and altcoins to previous all-time highs. The shift happened as June 12’s…

Orange Man Good: Selling Out On The Campaign Trail

bitcoinmagazine.com After 20 years of forever wars, growing social decline and exacerbating economic demise, it seems that we are still immune to learning that politicians lie. Practically, the…

Between Bitcoin Layers: Boltz Builds Trustless Transfers

bitcoinmagazine.com Company Name: Boltz Founders: Kilian and Michael Date Founded: Project began in 2019 | Incorporated in 2023 Location of Headquarters: Remote | Incorporated in El Salvador…

Legendary Crypto Analyst Says Altcoin Could Hit The Bottom Today, Be Alert!

coinpedia.org The post Legendary Crypto Analyst Says Altcoin Could Hit The Bottom Today, Be Alert! appeared first on Coinpedia Fintech News Amid the ongoing crypto market drop, many…

U.S. CPI and Fed Meeting: Things to Watch Out as BTC Nurses Losses

coindesk.com Wednesday could prove to be a make-or-break day for markets, as the pivotal U.S. consumer price index report will be released just hours before the Federal Reserve's…

Bitcoin ETFs See $200M Net Outflows in Fed, CPI Jitters

coindesk.com U.S.-listed spot bitcoin exchange-traded funds (ETFs) saw a second-straight day of outflows as traders likely derisked ahead of key macroeconomic reports scheduled for later…