Analysts have commented on the U.S. dollar trend following President Joe Biden’s decision not to seek re-election, noting a slight decline in the dollar against a basket of currencies. Bank of America’s head of global foreign exchange research mentioned: “There is a growing consensus that the dollar will be stronger if Trump wins due to […]
Tech Coalition Urges Biden to Lead on Cryptocurrency Regulation
In a recent letter to U.S. President Joe Biden, the Chamber of Progress, a tech industry coalition, called for comprehensive cryptocurrency regulation. The group emphasized the importance of a clear regulatory framework for digital assets, highlighting the potential benefits for both investors and the U.S. economy. Chamber of Progress to Biden: Seize Opportunity for Comprehensive […]
Phaver’s Japan Lead Ace Shares Insights on Navigating the Japanese Web3 Market
This week, I had the opportunity to speak with Ace, the Japan lead for Phaver, a rapidly growing Web3 social platform. During our conversation, Ace shared insights into his journey into crypto, Phaver’s strategic focus on the Japanese market, the unique characteristics of Japanese crypto communities, and the challenges and opportunities facing blockchain projects in […]
US Bitcoin ETF Inflows Reach $21.52M as FBTC and GBTC Lead Gains
U.S. spot bitcoin exchange-traded funds witnessed a second day of inflows as they captured $ 21.52 million on Thursday. The leader in terms of gains was Fidelity’s FBTC led the pack with a $ 19 million increase. Modest Inflows for Bitcoin ETFs on Thursday With Fidelity’s FBTC Leading the Pack The 11 spot …
Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’
Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the […]