India and Indonesia enhance trade by settling transactions in rupees and rupiahs, sidelining the US dollar to bolster economic ties within BRICS.Despite warnings and tariff threats from former US President Donald Trump, BRICS nations continue to shift away from US dollar reliance in global trade. BRICS members India and Indonesia have deepened trade relations by...
Bitcoin fell 7% to $92,500 on Monday, its lowest level in three weeks, and is currently trading at $100,840 after China announced retaliatory tariffs on certain U.S. goods.This comes after Donald Trump announced a 25% tariff on imports from Mexico and most of Canada, along with a 10% tariff on goods from China. Bitcoin has...
Coinbase urges U.S. regulators to ease restrictions, enabling smoother crypto-banking partnerships.Clearer regulations could boost crypto adoption, potentially driving market growth. Coinbase is making another attempt to convince U.S. regulators to facilitate partnerships between traditional banks and the crypto industry. Reiterating CNF’s previous coverage, Coinbase has initiated this push by bridging crypto and fiat with Apple...
Solana’s recent recovery faces resistance, with technical indicators signaling a bearish short-term outlook and potential for a rebound.Despite a 4.25% daily gain, lower trading volume and supply constraints could limit Solana’s ability to reach $250 in the short term. Solana (SOL) has recovered, regaining the $200 mark after a period of volatility in the crypto...
The U.S. Senate’s GENIUS Act aims to create clear rules for stablecoin regulation, impacting major issuers like USDT and USDC.Stronger stablecoin oversight could boost crypto market confidence, potentially influencing Bitcoin’s growth. A new push for crypto regulation is underway in Congress, with Senator Bill Hagerty unveiling a bill to establish a U.S. framework for stablecoin...
Semler Scientific expands its Bitcoin holdings to 3,192 BTC, reinforcing its long-term investment strategy in digital assets.The company leverages convertible senior notes to enhance its exposure to Bitcoin, demonstrating robust institutional trust in cryptocurrency as a valuable asset. Semler Scientific has increased its Bitcoin holdings by purchasing an additional 871 BTC for $88.5 million. With...
Mark Cuban embraces crypto, supporting Dogecoin and Shiba Inu while integrating them into Dallas Mavericks transactions.Cuban criticizes certain meme coins, advocates for transparent crypto projects, and proposes innovative financial solutions for public benefit. Mark Cuban might be a billionaire, the owner of the Dallas Mavericks, and a well-known investor, but getting there wasn’t smooth sailing....
Market analysts are pessimistic about the current Solana price outlook.Solana community is optimistic the latest selloff might be a much-needed cleanup. Solana (SOL) is mirroring a bearish broader market sentiment with the price trading on a downtrend. Amid Solana’s dwindling prices, popular analyst and crypto trader Bluntz has cast a pessimistic outlook on the altcoin....
Binance Pay has partnered with xMoney to enable crypto payments across 20,000+ businesses, including luxury, travel, and public services, enhancing accessibility for users.This partnership expands Binance Pay’s presence in Europe, aiming to meet the increasing demand for secure and efficient crypto payment solutions. Binance Pay, the blockchain-based payment solution from Binance, has joined forces with...
ECB dismisses Bitcoin for reserves, reigniting interest in XRP’s DLT-based potential.Lagarde’s stance highlights XRP’s suitability for fast, secure cross-border transactions. As previously reported by Crypto News Flash, the European Central Bank (ECB) has released a new report suggesting that Central Bank Digital Currencies (CBDCs) could be the best solution for overseas remittances. The study added...