Emerging Markets Carry Trade Faces Unprecedented Pressure as Global Conditions Tighten – BNY Analysis
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Calls Mount for UK to Ban Political Donations Made in Crypto – Decrypt
In brief Former Labour minister Rushanara Ali has become the latest UK MP to call for an outright ban on political donations in cryptocurrency. Ali argued that crypto donations leave the UK open to “foreign interference in our democracy,” echoing the concerns of anti-corruption groups. To date, the only major party to accept crypto donations…
Why Is XRP Sentiment Rising To The Positive While Bitcoin And Ethereum Suffer?
While Bitcoin (BTC), Ethereum (ETH), and most cryptocurrencies are struggling with overwhelmingly negative market sentiment, XRP appears to be the only coin on which investors have suddenly turned bullish. Despite crashing below $1.4 this week, new reports indicate that XRP’s market sentiment is moving into positive territory, suggesting investor confidence in the token is shifting…
Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility
The Democratic Party’s official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration’s hostility towards the industry. Despite the growing significance of Bitcoin and digital assets, neither Kamala Harris or Tim Walz,…
U.S. Secret Service Launches New Crypto Fraud Crackdown Campaign Amid Nearly $400,000,000 Scam Epidemic: Report – The Daily Hodl
The U.S. Secret Service is reportedly launching a new campaign against crypto scams with a new team that specializes in digital financial crimes. Bloomberg reports that the agency’s Global Investigative Operations Center (GIOC) uses software, subpoenas and spreadsheets to identify and go after criminals behind fraudulent crypto scams, including pig butchering operations that offer fake…
Trump Media Files To Launch Bitcoin And Ethereum ETF
Trump Media & Technology Group has filed a registration statement with the U.S. Securities and Exchange Commission to launch the Truth Social Bitcoin and Ethereum ETF, B.T. The ETF will directly hold Bitcoin and Ether, with an initial allocation of 75% Bitcoin and 25% Ether. Shares of the fund will be offered to investors to…
BTC Price Alert: Sideways Now, Painful Correction Coming in September
Bitcoin’s rally to record highs just days ago has quickly given way to turbulence, with the leading cryptocurrency struggling to hold support levels. Now, a market analyst is warning that sideways action could dominate trading until September, possibly followed by a steep correction. Analyst Braces for a Red September On Sunday, crypto trader Doctor Profit…
