The Federal Reserve does not have to give digital asset bank Custodia access to its master account, a judge ruled Friday.U.S. District Court Judge Scott Skavdahl of Wyoming said the Federal Reserve has discretion on whether to grant a master account. Referee. The news was a blow to Custodia Bank. be sued In 2022, the Federal Reserve and the Federal Reserve Bank of Kansas City were accused of delaying decisions on applications for central bank master accounts. corresponding master account This gives the institution direct access to the Fed’s clearing system and the most direct access to the U.S. money…
Author: Crypto Flexs
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The Bitcoin halving event has everyone talking about a potential bull market, with some experts predicting a huge rise to $500,000. Amid this excitement, the focus is not limited to Bitcoin. Altcoins, often considered underdogs, are poised for a spectacular rise. With the potential to soar up to 20 times their current value, these alternative digital currencies are poised to explode into the cryptocurrency stratosphere. BlastUP Presale: A Sign of Predictability in the Volatile Crypto Space Buying pre-sale tokens can be a good idea because the price is fixed at a certain level and you are not affected by sudden…
Fetch.ai (FET), Singularitynet (AGIX), and Ocean Protocol (OCEAN) have merged to create the largest independent company in artificial intelligence (AI) research and development. In a statement, Fetch said it is fusing its minds with two other blockchain-based artificial intelligence (AI) platforms to form the Superintelligence Alliance. “The Superintelligence Alliance is a united stand against Big Tech’s control of technology. “We are joining forces to change the game for how AI is created, shared, and used by everyone, relying on principles of decentralization to achieve open and equitable forms of AI.” The goal is to enable newly formed alliances to compete…
Memecoin is back in the spotlight, with some of the most popular dog-themed tokens performing prominently during this bull cycle. Dogwifhat (WIF), Floki Inu (FLOKI), and Dogecoin (DOGE) have had impressive performances this month. WIF’s market capitalization has soared to nearly $4 billion, surpassing PEPE and taking third place as the largest memecoin on the market by this metric. Put your hat on and WIF will go to the moon? Yesterday, the price of WIF rose 32% in half a day, breaking the all-time high (ATH) of $4. At the same time, its market capitalization jumped from $3.04 billion to…
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Ethereum price is attempting a new uptrend beyond the $3,400 area. For ETH to continue rising in the near term, the resistance at $3,580 needs to be cleared. Ethereum is holding gains above the $3,250 support zone. The price is trading above $3,400 and the 100-hour simple moving average. On the hourly chart of ETH/USD (data feed via Kraken), a breakout occurred above a major bearish trendline with resistance at $3,400. If it settles above the $3,500 resistance zone, it could continue to rise. Ethereum Price Eyes Fresh Increase Ethereum price remained stable above the $3,250 support zone. ETH formed…
Funding • March 29, 2024 10:57 AM EDT Posted 1 minute ago In ~ Grayscale announced the launch of a ‘Dynamic Income Fund’ focused on investing in proof-of-stake tokens. Posted on On Friday.Grayscale said in its description that the fund, named GDIF, is for accredited investors with net assets of at least $2.2 million.The company also said that GDIF will be a product of Grayscale. “It is the first actively managed investment product.” Grayscale said in a statement that the financial product will aim to “optimize income in the form of staking rewards associated with proof-of-stake digital assets.” The fund…
BOOK OF MEME (BOME) experienced an impressive surge following its Binance listing. PEPE has also surged and whales are increasing their confidence through large-scale investments. Meanwhile, a new cryptocurrency, Milei Moneda (MEDA), is also making waves for offering exclusive NFTs, voting rights, 100% ROI potential, and more. BOOK OF MEME (BOME): Price surge due to Binance listing BOOK OF MEME (BOME) has enjoyed a remarkable rise since its launch on March 14th. The cryptocurrency soared a whopping 1,384%, reaching $0.013 on March 25. This surge was caused by the massive hype surrounding this new cryptocurrency. One particular factor that has…
AIOZ Network collaborated with Alibaba Cloud to mark a pivotal moment for Web3 capabilities in the region. This partnership focuses on the Alibaba Cloud Singapore Innovation Accelerator. We focus on providing technical and financial support to selected Web3 projects, appointing AIOZ Network as our main blockchain partner. AIOZ Network cooperates with Alibaba This collaboration aims to go beyond financial and technical support. The strategic plan aims to establish a DePIN Alliance in Southeast Asia. This initiative seeks to improve infrastructure services related to AI, storage, and streaming. It is a critical component for the development and deployment of Web3 technologies.…
Some Nigerians were shocked when cryptocurrency exchange Binance announced that it would suspend all services in Nigeria until March 8. Despite being scrutinized by regulators prior to the announcement, many people still wondered how the largest cryptocurrency exchange could disappear from the world’s fastest-growing Bitcoin market. quantum. I’ve been predicting this for years, so I’m not shocked. Entrepreneurs in the Global South are under attack, and the front line is the currency war that is unfolding before our very eyes. I founded NoOnes, a peer-to-peer Bitcoin trading platform based in the Southern Hemisphere, because I foresaw the problems facing the…