The US CFTC will conduct a pilot test to determine crypto integration in mainstream finance.Ripple Labs will play a key role amid growing ties with the pro-crypto Trump administration. The US Commodity Futures Trading Commission (CFTC) plans to launch a pilot program to assess the use of digital assets as collateral in financial markets. Scott...
$CAR memecoin surged to $530M market cap but faced deepfake detection and domain registration issues, raising legitimacy concerns. Despite early volatility, $CAR memecoin shows strong investor interest with over $545M in transactions, but its future remains uncertain. The Central African Republic (CAR), under the leadership of President Faustion-Archange Touadéra, has launched a memecoin named $CAR, aiming...
Major Bitcoin miners like MARA and RIOT are hoarding BTC, likely preparing for future profitability and network competition.Petrobras, a Brazilian oil giant, is exploring Bitcoin mining and blockchain applications, signaling energy firms’ growing interest in crypto. In the Bitcoin space, one trend is becoming increasingly clear: big miners are hoarding an incredible amount of BTC....
The University of Austin adds Bitcoin to its endowment, partnering with Unchained for education and long-term investment.UATX embraces Bitcoin, reflecting academia’s shift from observing to actively participating in digital asset research and investment. The University of Austin (UATX) has revealed plans to add Bitcoin to its endowment. This is not only a little trial; it...
Bitcoin and crypto markets may face volatility due to key economic events like U.S. inflation data, PPI reports, and Federal Reserve speeches.Strong economic data could delay rate cuts and boost the dollar, while weak data may lower expectations and impact crypto prices. Significant economic indicators will define an essential week ahead for the cryptocurrency market....
Coinbase CEO Brian Armstrong says that Bitcoin adoption will hit billions of users by the end of the decade if it maintains the same adoption curve.Experts have revealed that crypto adoption is surging 43% faster than mobile phones and 20% faster than the internet, and recent events like Trump’s elections could turbocharge its rise. Bitcoin...
Tether CTO suggests quantum computing may recover lost Bitcoins but won’t threaten Bitcoin’s security.Bitcoin is expected to implement quantum-resistant addresses before any real risk emerges. As quantum computing advances at breakneck speed, concerns about its impact on Bitcoin’s security have resurfaced. Could Quantum Computing Recover Lost Bitcoins? This aligns with a recent CNF post, which...
The Bank of Canadas interest rate decision and the post meet press conference, as well as U.S. inflation data, will set the trend for stocks on Bay Street Wednesday morning. The Canadian central bank, scheduled to announce its interest rate decision at 9:45 AM ET, is widely expected to lower its benchmark rate by 50...
The Labor Department released a closely watched report on Wednesday showing consumer prices in the U.S. rose in line with economist estimates in the month of November. The report said the consumer price index climbed by 0.3 percent in November after rising by 0.2 percent for four straight months. The increase matched expectations. The annual...
The Canadian market closed on a firm note on Wednesday, lifted by gains in materials, energy and technology sectors. The Bank of Canadas decision to lower interest rates by 50 basis points, and expectations of a 25 bps cut by the Federal Reserve next week helped underpin sentiment. The benchmark S&P/TSX Composite Index, which stayed...