Federal Reserve Chairman Jerome Powell made it clear during a recent Senate Banking Committee hearing on monetary policy that the United States is far from adopting or encouraging central bank digital currencies (CBDCs), raising concerns about privacy and government surveillance. I mentioned my concerns. TLDR Federal Reserve Chairman Jerome Powell has confirmed that regulators are far from adopting or encouraging central bank digital currencies (CBDCs) in the United States. Powell emphasized the Fed’s commitment to privacy, saying the regulator would not be involved in creating a system that would allow government surveillance of the transactions of U.S. citizens. If the…
Author: Crypto Flexs
Read More
Tether, the leading issuer of the stablecoin USDT, announced the launch of a game-changing innovation to revolutionize the way users transfer USDT across various blockchain networks. This new migration tool comes at a time when USDT’s market value has soared to unprecedented heights, reflecting its pivotal role in the cryptocurrency ecosystem. Tether’s game-changing innovations Tether’s latest innovation is a new tool designed to seamlessly transfer USDT between different blockchain networks. With USDT operating across 14 blockchain ecosystems, including major platforms such as Tron and Ethereum, this tool addresses potential issues arising from network outages within these blockchain networks. Tether aims…
A prominent cryptocurrency analyst believes memetic crypto asset Dogecoin (DOGE) is gearing up for a major price surge in the coming weeks. Ali Martinez says Historical patterns suggest the top meme asset could reach $1 by mid-April, according to 50,700 followers on social media platform X. This move represents an increase of nearly 500% from Dogecoin’s current price. Source: Ali Martinez/X Looking at the trader’s charts, he seems to be predicting that DOGE will rise sharply in the next month or so after breaking above range resistance, similar to what happened in 2017 and 2021. DOGE is trading at $0.167…
Analysts are optimistic about Bitcoin’s price trajectory leading up to the upcoming halving event in April 2024. Forecasts indicate that the average high price is likely to surge in value after the halving, with estimates ranging from $87,800 up to $100,000. more. This expected price increase is fueled by an expected decrease in the Bitcoin inflation rate following the halving, which has historically been a catalyst for bullish momentum in the cryptocurrency market. The world’s most famous cryptocurrency has been on a tear recently, surpassing the dizzying heights of $70,000 for the first time. But big gains often come with…
When it comes to internet gambling, it is important to find a reputable and protected payment technology. Many gamers choose to use credit cards for deposits and withdrawals. As one of the largest and most depended redemption providers globally, Mastercard is widely accepted at a variety of online casino sites. In this article, we will definitely find out the best gambling establishments that accept Mastercard as a payment method, providing gamers with a smooth and convenient gambling experience. 1. Casino Site A With an excellent track record and a variety of video game options, Casino Site A is a top…
In the ever-evolving cryptocurrency market, Kelexo (KLXO) emerges as a pivotal player in the second phase of its development, with strong resonances with top assets such as Polkadot (DOT), Litecoin (LTC), and Ethereum (ETH). like Kelexo (KLXO) As pre-sale enters Phase 2, investors are presented with a strong opportunity to participate in a project poised for real growth that offers innovative features and a promising vision for the future of finance in the cryptocurrency space. Polkadot (DOT) shines with stability and promise. Polkadot (DOT)’s weekly price range is $8.54 – $10.46, boasting a notable increase of 22.62%. Amid the volatility…
Funding • March 8, 2024 4:44 AM EST Posted 1 minute ago In ~ The nine recently approved spot Bitcoin exchange-traded funds in the U.S. are on track to surpass Grayscale Bitcoin Trust. BTC +0.36% Hold today.According to Vetle Lunde, senior analyst at K33 Research, GBTC holds 400,186 bitcoins as of yesterday, while the “Newborn 9” US spot Bitcoin ETF holds 397,847 coins.they also famous Yesterday’s net inflow was 6,965 Bitcoin. If this continues it will become bigger than GBTC.Spot Bitcoin ETFs have proven to be a huge success in the US, with BlackRock’s IBIT offering recording daily inflows of…
Stablecoin issuer Circle is boosting Solana’s liquidity by soon launching the Cross-Chain Transfer Protocol (CCTP) on the network. The protocol allows users to burn and mint stablecoins and seamlessly transfer USDC across supported blockchain networks. CCTP operates on seven networks: Ethereum, Avalanche, Base, Noble, Arbitrum, OP Mainnet, and Polygon PoS. CCTP Increases Solana Stablecoin Liquidity Circle has released a pre-issuance address for CCTP to mint USDC on Solana ahead of launch on March 26th. This strategic move allows Circle to establish and maintain USDC balances on Solana. However, pre-made tokens will wait to be included in the circulating supply until…
The number of daily active wallets has increased by 37% year to date. Solana’s DEX trading volume nearly doubled during the week. The popular smart contract blockchain Solana (SOL) has been experiencing active network participation since early March. Solana has seen a surge in active wallets. Analysis of AMBCrypto’s Step Finance dashboard shows that the number of daily active wallets is up 37% year to date, with 794.9K on March 7 the second-highest figure of 2024. Source: Step Finance A unique active wallet is one that pays fees for at least one transaction within a given period of time. As…
Bone, one of the Shiba Inu’s native tokens, is a unique expression of community support and unity. ShibaSwap (BONE) Placed in the top five in Binance’s Future NEXT program with the goal of securing a top spot for potential token listings. SHIB Community Rally 20,000+ BONE Recommendations that much Shiba Inu Community They rallied around the BONE token, helping it secure a top position in Binance’s Future NEXT program, demonstrating incredible support for the fast-growing ecosystem. Initially in the 14th position With Binance’s new program, BONE has quickly made exponential leaps forward. climb more than 10 stairs Place 3rd in…