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Treasury yields fell in the US as the war between Israel and Hamas rages on, with several thousand dead and wounded. Treasury yields fell in the US on Tuesday as investors consider the economic and geopolitical effects of the ongoing war between Israel and Palestinian militant movement Hamas. Early Tuesday morning,
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Several web3 companies have banded together to open donations via the Crypto Aid Israel platform, pulling together resources to finance humanitarian aid for displaced Israelis. The joint initiative was launched by Blockchain B7, Bits of Gold, Collider Ventures, CryptoJungle, 42Studio, Efficient, Frontier, Ironblocks, the Israel Blockchain Association, and Nilos as seen
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Numerous Israeli banks and regulators have stepped in to assist with the flow of these crypto donations. According to a source close to the initiative, for the first time, these banks will most likely provide a bridge to move those crypto assets to the banks. Source
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Bitcoin (BTC) starts the second week of October still up 4% month-to-date as geopolitical instability provides a snap market focus.BTC price action continues to hold steady at $28,000 — what will happen next as markets react to the war in Israel?In what could end up a volatile period for risk
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This week, FTX founder Sam Bankman-Fried’s trial began; the crypto sector witnesses more layoffs; a Hamas-led attack stuns Israel; Ripple vs. U.S. SEC continues. SBF faces trial Sam Bankman-Fried’s trial continues on Tuesday, Oct. 10 with testimony from former Alameda CEO Caroline Ellison. Before the trial began on Oct. 3, attorneys declined
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The venture capital industry appears to be gearing up for portfolio rebalancing in 2024, with investors positioning themselves to increase exposure to digital assets in the next bull market. Blockchain Capital, for instance, closed two new funds this week, with $580 million in capital to be deployed in crypto gaming
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The approval for America’s largest digital asset exchange, Coinbase, to offer crypto futures to U.S. retail customers is being seen as a major regulatory victory amid a heated battle with the country’s securities regulator.On Aug. 16, the National Futures Association (NFA) — designated by the U.S. commodities regulator as a
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According to a Bloomberg report, Circle, a prominent player in the stablecoin market, strategically leverages its substantial cash reserves of over $1
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Stablecoin issuer Circle has a $1 billion cash reserve pegged as insurance against a declining market capitalization and fresh competition from the traditional finance and technology industries, said CEO Jeremy Allaire. In an interview with Bloomberg, Allaire revealed the war chest and shared his views on the uptick in competition from
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Florida Gov. Ron DeSantis has pushed a platform based partly on “economic independence” in his 2024 presidential campaign, specifically taking a stance on digital currencies. Speaking at a campaign event in New Hampshire on July 31, DeSantis reiterated his plans of banning central bank digital currencies, or CBDCs, should he win
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