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"That he vetoed a similar bill last year, and he and the bill’s authors were willing to work with industry to improve it, demonstrates that they do not want to cripple the industry in California," Klaich said. "It is a reasonable regulatory regime largely on par with other states’ money
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Acting United States Federal Deposit Insurance Corporation (FDIC) chairman Martin Gruenberg spoke Oct. 20 about possible applications of stablecoins and the FDIC’s approach to banks considering engaging in crypto asset-related activities. Although he saw no evidence of their value, Gruenberg conceded that payment stablecoins merit further consideration.Gruenberg began his talk
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The U.S. 10-year real yield has dropped 46 basis points in two weeks, offering bullish cues to risk assets, including bitcoin. Source
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Bitcoin (BTC) is trying to establish a higher price range, but upside could be limited toward $51K, according to some analysts. Macro concerns remain, which has kept some traders on the sidelines, especially in the BTC futures market. Original Source
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Bitcoin (BTC) entered an upward channel in early January and despite the sideways trading near $40,000, order book analysts cited "significant buying pressure" and noted that the overall negative sentiment might be heading towards exhaustion.Bitcoin/USD price at FTX. Source: TradingViewIndependent analyst Johal Miles noted that BTC's price formed a bullish hammer candlestick
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Bitcoin (BTC) traders appear undecided on the next step and this is reflected in the price oscillating between $58,400 and $63,400 over the last 14 days. There are some bearish signals coming from the United States regulatory front, but at the same time,the Bitcoin exchange-traded funds (ETF) surpassing $1.2 billion
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Bitcoin (BTC) futures open interest is mimicking the start of the BTC price bull run, data shows.As BTC/USD hovered near $40,000 on Thursday, a fresh bullish report from Stack Funds called for “cautious optimism” about further price rises.Bitcoin has sought to flip $40,000 to support this week, returning to the
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The long awaited deposit contract for Ethereum 2.0 has finally been deployed opening the doors to staking opportunities for ETH holders.Deposits began in earnest with over $1 million in ETH landing in the contract within the first half an hour according to observers like The Crypto Cactus.“$1,000,000 locked in $ETH
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Bitcoin (BTC) has crossed into the bullish territory, but may remain vulnerable to another sell-off in stocks. Source
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