First Digital Trust USDf stablecoin reaches $500 million circulation in 2023 DeFi expansion
USDf is a synthetic stablecoin launched in 2023, backed by First Digital Trust and pegged 1:1 to the US dollar, with $500 million in circulation.
Bitcoin drops 3.2% as Fed Chair Powell prepares final Jackson Hole speech on August 25
Bitcoin fell 3.2%, Ether dropped 4.1%, XRP declined 2.8%, and Dogecoin slid 5.5% ahead of Jerome Powell’s Jackson Hole speech on August 25.
Ethereum falls 12% to $3,200 amid SEC policy review and $18 billion trading volume on 23.
Ethereum price dropped 12% to $3,200 amid SEC scrutiny and Bitcoin ETF outflows, with ETH trading volume reaching $18 billion on exchanges.
12 Democrats support CLARITY Act as Tim Scott announces bipartisan Senate backing
Senator Tim Scott announced 12 Democrats support the CLARITY Act, with 18 total senators involved, marking a bipartisan legislative development.
MicroStrategy and Tesla allocated over $2 billion to Bitcoin holdings in 2021 corporate treasury shift
MicroStrategy holds 190,000 Bitcoin, Tesla purchased $1.5 billion in BTC, and Square allocated 5% of assets to cryptocurrency reserves in 2021.
Bitmine holds $6.6 billion in Ethereum, becoming second largest crypto treasury company in 2024
Bitmine holds $6.6 billion in Ethereum, becoming the second largest crypto treasury company after MicroStrategy, with Bitcoin at $43,000.
Bitcoin Hits $30,000 in April 2024 Amid $12 Billion ETF Inflows and Fed Policy Shifts
Bitcoin reached $30,000 in April 2024, with Ethereum at $3,200 and institutional inflows from BlackRock and Fidelity totaling $12 billion.
Bitcoin drops 3% amid analyst warnings of fragile market structure in 2024
Bitcoin dropped 3% to $61,000 as analysts from JPMorgan and Glassnode highlighted fragile market structure amid ETF outflows and declining open interest.
Federal Reserve banking regulator proposes 1% crypto holding allowance for staff in 2024 policy review
Federal Reserve Vice Chair Michael Barr proposes allowing Fed staff to hold Bitcoin and Ethereum, with a 1% portfolio cap on crypto investments.
Bitcoin drops 8% to $61,000 as bearish market conditions persist in June 2024
Bitcoin fell 8% to $61,000 amid bearish pressure, with Ethereum and Coinbase stock also declining as market sentiment weakened.
