Crypto News Center

U.S. Senator Backs Out of Controversial Cryptocurrency Legislation

TLDR Senator Roger Marshall has withdrawn his support for the Digital Asset Anti-Money Laundering Act (DAAMLA). The DAAMLA bill aims to bring the crypto industry under existing anti-money laundering frameworks. The bill has faced criticism from crypto advocates and former government officials. Senator Elizabeth Warren, who co-sponsored the bill, is running for reelection in 2024. The bill classifies various crypto service providers as financial institutions subject to Bank Secrecy Act...

Ferrari Expands Cryptocurrency Payment Program to Europe

By Mark Hunter 3 weeks agoThu Jul 25 2024 08:48:20 Reading Time: 2 minutes Ferrari has announced an expansion of its cryptocurrency payment option to Europe by the end of July The carmaker started accepting crypto payments in the US last October Ferrari will expand to further regions in 2024 Ferrari will extend its provision for cryptocurrency payments to Europe by the end of July following a successful launch in...

Coinbase Terminates USDC Yield Program for Users in the European Economic Area Citing New EU Regulations

The top US-based crypto exchange by trading volume is ending its USDC Rewards program for European users. According to a screenshot shared by Marina Markezic, Coinbase is letting European Economic Area (EEA) clients know that USDC staking is coming to an end due to Markets in Crypto-Assets (MiCA) regulations. “MICA is kicking in -> Sunsetting USDC Rewards in the EU Due to MiCA.” Source: Marina Markezic/X Said Ripple’s Chief Technology...

XRP from $0.41 to $1500? Experts Predict ETH-Like Surge

You are here: Home / News / Altcoin News / XRP from $0.41 to $1500? Experts Predict ETH-Like Surge Ripple-affiliated XRP is back in the limelight after a roller coaster ride. From a yearly high of $0.71 to a low of $0.41, the altcoin has generated quite a buzz. Despite the current market volatility, market experts pin their hope on the upcoming events in the XRPL ecosystem and the broader...

Cardano Founder Joins Peter Schiff: Shocking ETF Concerns

You are here: Home / News / Cardano Founder Joins Peter Schiff: Shocking ETF Concerns Cardano founder Charles Hoskinson has surprisingly backed Peter Schiff, a prominent financial commentator and outspoken Bitcoin critic, who has once again sparked controversy in the cryptocurrency community. This time, Schiff criticized Bitcoin exchange-traded funds (ETFs), arguing that they compromise Bitcoin’s fundamental principles. Schiff’s argument is rooted in the belief that Bitcoin ETFs dilute Bitcoin’s decentralized...

Chinese blockchain company SOS plans $50M Bitcoin purchase

SOS $50M Bitcoin investment fuels a 100% stock surge, highlighting confidence in blockchain expansion. Photo: Stock Titan Key Takeaways SOS Ltd. authorized a $50 million Bitcoin purchase reacting to record-high prices. Company aims to enhance competitiveness using quantitative trading strategies. SOS Ltd., a blockchain and commodity trading company, announced its board approved a $50 million Bitcoin purchase plan. The announcement, coupled with Bitcoin’s resilience, ignited a 100% surge in SOS...

Analyst Predicts Ethereum to Reach $15,937 by May 2025, Surpassing $1 Trillion Market Cap

You are here: Home / News / Analyst Predicts Ethereum to Reach $15,937 by May 2025, Surpassing $1 Trillion Market Cap Ethereum hаs surgеd 29.88% sincе Novеmbеr 18, climbing from $3,069 to $3,986, nеаring thе $4,000 mаrk. Anаlyst Vеnturе Foundеr prеdicts ETH could hit $15,937 by Mаy 2025, driving mаrkеt cаp pаst $1 trillion. Spot ETH ETFs hаvе drаwn $1.3 billion sincе Novеmbеr 18, with BlаckRock’s inflows totаling $2.6 billion....

Large Ethereum Transactions Grow As ETH Breaks Yearly Highs

Ethereum (ETH) is making headlines as it trends toward the $4,100 mark, reaching a new yearly high of $4,096. This milestone, just $3 above the previous high set in March, signals a potential resurgence for the second-largest cryptocurrency by market capitalization. The price action has caught the attention of analysts and investors, particularly as Ethereum continues to outperform expectations in a market dominated by volatility and uncertainty. Key metrics from...

Can Ethereum Classic’s Golden Cross take ETC’s price to $40?

Journalist Share this article ETC hit its highest price in over six months. It has continued to trend upward after hitting a critical price level. Ethereum Classic [ETC] is gaining attention after achieving a “Golden Cross,” a widely recognized bullish technical indicator. This milestone is often seen as a precursor to strong upward momentum. With ETC’s price momentum heating up, traders and analysts alike are debating whether this marks the...

Best Coins To Invest In December 2024: Experts predict Qubetics to reach $0.25, Cardano Eyes $1.40 Breakout, Ripple Targets $7-$10 Surge

Certain altcoins emerge as transformative forces for investors and blockchain users as the cryptocurrency market expands. Qubetics, Cardano, and Ripple (XRP) are among the Best Coins To Invest In December 2024. These projects represent innovation, growth potential, and significant opportunities for both short-term gains and long-term value. Qubetics is setting new standards in blockchain usability with its innovative Qubetics Wallet, designed for seamless and secure crypto asset management.  Cardano (ADA)...