The proposed Financial Innovation and Technology for the 21st Century (FIT21) Act, set for a potential House floor vote by the end of May, aims to provide the crypto industry with greater clarity regarding regulatory oversight. The bill addresses key issues of market oversight and consumer protection, which have long been sources of uncertainty in
investment
In the current crypto market, there is a sharp pullback following US economic data and hawkish remarks from Federal Reserve policymakers. Bitcoin (BTC) has dipped, and traders are on the lookout for altcoins with strong bullish momentum. However, finding strong performing altcoins in the bearish market can be challenging. The recent US economic data showing
An influential trader, Bluntz Capital, recently expressed concerns about DogWifHat’s future, suggesting that the popular Solana meme coin could potentially crash to as low as $1 from its current price of $3.17. Bluntz’s analysis of the price action over the past few weeks indicates a slow and corrective movement, leading him to believe that a
With the upcoming US elections in November, former President Donald Trump has taken a surprising stance in support of Bitcoin and other cryptocurrencies. In a recent video that circulated among crypto enthusiasts and investors, Trump made strong and positive comments regarding the digital assets. This significant pivot from his previous skepticism has sparked speculation about
The European Securities and Markets Authority (ESMA) has recently announced its decision to review the rules governing crypto asset investments by UCITS (Undertakings for Collective Investment in Transferable Securities). This review is part of a larger examination of the EU’s financial regulatory framework. The European Commission (EC) has requested this review to ensure that UCITS
In the realm of meme coins, the recent surge of the Apple-themed token, APPLE, has caused quite a stir in the market. With a staggering overnight increase of 76,928%, the price of APPLE skyrocketed following Apple’s latest product launches. Despite the meme coin having no official affiliation with the tech giant, its price action has
The recent surge in the Trump MAGA Base token has caught the attention of many investors, especially those who align with the MAGA movement. The token, trading at a market price of $0.00399, experienced a massive 24-hour change of +23,246%. This meteoric rise was fueled by a strong launch, followed by a significant uptrend that
The recent price action of Bitcoin has left many institutional investors feeling bearish, leading to significant outflows from Bitcoin investment products. CoinShares reported that Bitcoin investment funds experienced a massive outflow of $284 million last week. A large portion of these outflows originated from US Spot Bitcoin ETFs, with $156 million leaving the funds. The
In the ever-evolving world of meme coins, the latest buzz surrounds Aqua Cat on SOL (AQUACAT), a unique cat-themed coin that has captured the attention of traders worldwide. One of the distinguishing factors of AQUACAT is its portrayal of a lovable sea-otter masquerading as a cat, adding a touch of whimsy to the high-octane Solana
Bitcoin (BTC) has recently recovered above $60,000 after experiencing a price slowdown. This lackluster price movement can be attributed to a decrease in demand for Spot Bitcoin ETFs. These ETFs saw billions of dollars in net inflows in the first quarter of their launch, which coincided with a significant rally in Bitcoin’s price, leading to