Gains

A recent legislative move by a group of Senate Republicans, spearheaded by Senator Ted Cruz of Texas, has brought the issue of central bank digital currencies (CBDC) into the spotlight. The proposed bill, known as the Central Bank Digital Currency Anti-Surveillance State Act, aims to restrict the Federal Reserve’s ability to introduce a CBDC without
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Bitcoin ETFs have been making waves in the investment industry, with Bloomberg analysts predicting that they could soon surpass gold ETFs in terms of size. This prediction comes after Bitcoin ETFs absorbed over $5 billion in inflows within just a few weeks of their launch. According to Eric Balchunas and Andre Yapp of Bloomberg Intelligence,
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Ethereum has been on a notable upswing recently, surpassing key resistance levels and breaking through the significant psychological barrier of $3,000. This surge indicates a prevailing bullish sentiment in the market, with investors setting their sights on the crucial yearly swing high of $3,600 as the next target. Taking a closer look at the daily
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Kraken, a prominent cryptocurrency exchange, recently found itself embroiled in legal action initiated by the US Securities and Exchange Commission (SEC). The charges brought against Kraken were said to be a response to the firm’s vocal advocacy for regulatory boundaries within the digital asset industry. In a blog post dated February 22, Kraken revealed that
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House Majority Whip Tom Emmer recently raised concerns about government agencies under the Biden administration starting to collect data on Bitcoin mining firms. Emmer criticized the Office of Management and Budget (OMB) for approving a request from the Energy Information Administration (EIA) to implement an information collection regime on the Bitcoin mining industry without a
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