Cash News Vice President Kamala Harris has unveiled plans to establish a regulatory framework for cryptocurrency and digital assets, aiming to protect Black men who invest in these markets. This initiative is part of her broader Opportunity Agenda, which seeks to provide tools for wealth creation and economic advancement within the Black male community. As […]
Cash News ETC Group advised investors to hold Ethereum (ETH), Solana (SOL), and Aptos (APT) due to their strategic importance in the layer-1 blockchain space in an Oct. 8 report. As Ethereum faces mounting competition from newer blockchains, the report highlighted the importance of evaluating the marketâs recent conditions and long-term performance. Ethereum faces challenges […]
Cash News Bitcoin (BTC) is on track to experience its longest period of sideways trading during a halving year if it doesnât show significant upward movement within the next 14 days. According to a dashboard shared by CryptoQuant CEO Ki Young Ju, the longest time BTC took to rise was 298 days. Bitcoin achieved its […]
Cash News Crypto continues to gain momentum among younger investors, with 62% of Millennial ETF investors planning to allocate a portion of their portfolios to digital assets in the coming year, according to Charles Schwabâs 2024 ETFs and Beyond Study. For all investors surveyed, crypto ranked as the second most popular asset class, signaling a […]
Cash News The amount invested by new Bitcoin (BTC) whales is up 13x this year to nearly $108 billion on Oct. 6, according to CryptoQuant data. The investment made by new whales represents 48.8% of Bitcoinâs total realized cap, almost reaching the $113 billion paid by âold whales.â Notably, this is the highest amount spent […]
Cash News Ripple Labs, the San Francisco-based blockchain firm, has introduced new features and integrated compliance functionality that bring bank-grade custody technology to its crypto custodial services, according to an Oct. 10 statement. Ripple stated that the new features include hardware security module (HSM) options, pre-configured operational and policy settings, as well as advanced anti-money […]
Cash News Bankrupt crypto exchange FTX announced that Caroline Ellison, former CEO of Alameda Research, has agreed to transfer nearly all of her remaining assets to the company as part of a settlement. In an Oct. 7 court filing, FTXâs bankruptcy estate disclosed that Ellison will hand over most of what she still owns, following […]
Cash News VanEck portfolio manager Pranav Kanade highlighted that memecoins have four key aspects that all teams building in crypto should mimic. Kanade made the comments on social media in response to the Token2049 panel by Murad Mahmudov on his pivot to memecoins from being a Bitcoin maxi. The panelâs thesis revolved around proposing a âmemecoin […]
Cash News The United Arab Emirates (UAE) has exempted crypto transactions from the countryâs 5% value-added tax (VAT). This exemption is part of an amendment to the Executive Regulation of the Federal Decree Law on VAT. According to a document released on Oct. 4, the amendment will take effect on Nov. 15, 2024. However, the […]
Cash News El Salvador has doubled down on its Bitcoin moves despite ongoing pressure from the International Monetary Fund (IMF) regarding the countryâs use of the digital asset. On Oct. 4, Juan Carlos Reyes, President of the National Commission on Digital Assets (CNAD), announced that the Central American countryâs lawmakers had passed âimportant amendments to […]