At 15:00 GMT, Powell will speak at the “Perspectives on Monetary Policy” panel before the Thomas Laubach Research Conference hosted by the Federal Reserve.
Privacy-Focused Network Horizen Expected to Undergo Node Upgrade in June
The upgrade would bring enhancements to sidechains and bug fixes.
First Mover Americas: Litecoin Might Be Trading at a Discount
The latest price moves in bitcoin (BTC) and crypto markets in context for May 19, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan
Tether’s market cap has been growing at the expense of rival stablecoins such as USD Coin, the report said.
Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg
The firm is looking to capitalize on Hong Kong’s re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.
XRP Bucks Bitcoin-Led Slide in Majors as SEC Case Tilts in Ripple’s Favor
Ripple has historically maintained a distance from XRP, the token that powers some of its products and the XRP Ledger network
Litecoin Is Undervalued, Onchain Indicator Suggests
Litecoin has rallied nearly 31% so far this year, but is still trading at discounted prices, according to an onchain metric called the MVRV Z-score.
Crypto Browser Opera Integrates Layer 1 Blockchain MultiversX
Users will be able to interact with the MultiversX network through its native tokens, NFTs and decentralized applications, all within the Opera browser interface.
NFT Marketplace DIBA Goes Live on ‘Really Good for Bitcoin’ Smart Contracts
DIBA also released a Bitcoin-only wallet in partnership with mining company Hut 8 Mining.
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
PLUS: Meme coins don’t respect the intellectual property rights of others. And that’s a problem.
NY Fed, Singapore Regulator Verify CBDC Interoperability, Payment Speeds in Latest Test
Central bank digital currency (CBDC) systems operating on different types of networks can be used for cross-border and cross-currency payments, a new report published by researchers with the New York Federal Reserve and Monetary Authority of Singapore late Thursday said.
Bitcoin Drops Below $27K as Investors Continue to Weigh Debt Ceiling Talks, Regulatory Actions
BTC reversed its morning gains, declining below $26,500 before recently rebounding.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker’s new model can deliver a wooping 320 TH/s.
Bitcoin Mining Rig Maker MicroBT Unveils Most Powerful Machine Yet
The Chinese rig maker’s new model can deliver a wooping 320 TH/s.
Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees.
Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees.
Coin Cafe Ordered By New York AG to Pay Back $4.3M in Fraudulent Fees
Brooklyn-based crypto trading platform Coin Cafe is paying back $4.3 million to defrauded investors, according to a Thursday statement from the New York Attorney General’s office, which accused the company of misleading customers about “exorbitant and undisclosed” fees.
Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.
The new service is expanding access to the U.K., Germany and Ireland.
Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular
Pakistan’s government has hardened its stance against cryptocurrencies, with Minister of State for Finance and Revenue Aisha Ghaus Pasha saying they will “never be legalized in Pakistan.”
U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.