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Tag: Cryptocurrencies

Tether Appoints Philip Gradwell as Head of Economics: A Strategic Move in Cryptocurrency Economics

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Tether appoints Philip Gradwell, former Chief Economist at Chainalysis, as its new Head of Economics. Gradwell brings expertise in digital asset analysis and aims to shift the conversation around digital assets towards practical economic use cases. His appointment strengthens Tether’s regulatory strategy and enhances transparency in the cryptocurrency ecosystem. USDT’s market capitalization reaches $112 billion, with...

Cryptocurrencies, Front page, News, Stablecoins

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Matcha’s Innovative DEX Trading Solution for Whales

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Matcha has unveiled a new price engine for high-value DEX trades up to $10 million. The new price engine offers “best routes” for large-scale trades, making them more efficient and cost-effective. Matcha’s smart order routing system ensures quick and efficient trade execution. The new price engine is expected to attract more whales to the platform, increasing liquidity and trading volumes. Matcha’s...

Cryptocurrencies, DEX, Front page, News

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Trump assassination attempt

Trump Assassination Attempt Triggers Bitcoin Rally

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Following the assassination attempt on former President Donald Trump at his rally in Pennsylvania, there has been a notable surge in the value of bitcoin. This incident has led to speculation that Trump’s re-election chances might increase, which has positively impacted the cryptocurrency market. Bitcoin rose as much as 2.1% to $59,849.84 before settling at around $59,426. This rally is partly attributed to Trump’s known...

Bitcoin, Cryptocurrencies, Front page, News

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US congress, regulation, CFTC

CFTC Chair Declares 70% of Crypto Assets as Commodities

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CFTC Chair Rostin Behnam declares 70% of crypto assets are not securities. Behnam advocates for CFTC to have complete oversight of the crypto market. A recent court ruling in Illinois supports the CFTC’s view on the classification of Bitcoin and Ethereum as commodities. The CFTC has been actively involved in regulating the crypto sector, filing 47 actions in FY 2023. Behnam stresses the urgent need for Congressional...

Crypto regulation, Cryptocurrencies, Front page, News

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Ethereum ETFs on the Horizon: Crypto Market Braces for Institutional Influx

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The crypto market is buzzing with anticipation as Ethereum ETF approvals appear imminent. Bitwise Asset Management’s Katherine Dowling recently told Bloomberg that spot Ethereum ETFs are nearing the finish line, with fewer regulatory hurdles remaining after each S-1 form refiling. SEC Chair Gary Gensler‘s public statement about summer approvals has fueled optimism, with Polymarket betting markets assigning a 90% probability of ETH...

Bitcoin, Crypto market, Cryptocurrencies, Ethereum

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