An ARK Invest analyst says the cryptocurrency industry is entering what he describes as its biggest consolidation phase yet, with revenue increasingly concentrated among a handful of dominant protocols. In a Wednesday post on X, Lorenzo Valente, a research associate…
Bitcoin Magazine Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged Bitcoin was trading higher on Wednesday — but only slightly — after the Federal Reserve decided to keep interest rates still. The leading cryptocurrency was recently priced at close…
Bitcoin Magazine Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act Pro-crypto Senator Cynthia Lummis on Wednesday slammed Democrats for holding back the Clarity Act. Speaking on the Senate floor, Senator Lummis, of Wyoming, spoke…
Organizations representing law enforcement officials in the US have reportedly proposed changes to a comprehensive cryptocurrency market structure bill under consideration in the Senate, with only days left until the chamber breaks for a month-long recess. According to a Tuesday…
Bitcoin Magazine Banking Lobby CEO Talks Crypto Clarity Act as Senators Race To Pass Bill The CEO of the American Bankers Association, Rob Nichols, has said that the banking lobby wants the Clarity Act to succeed — but small edits…
Bitcoin Magazine Crypto Giant DCG Warns Senate: Pass Clarity Act or Lose Ground to Singapore, UAE Crypto investment firm Digital Currency Group is the latest big name to throw its weight behind the Clarity Act. In a statement posted Wednesday,…
BNY, one of the world’s largest custodian banks, is taking a major step toward blockchain-based financial infrastructure by moving fund ownership records onchain. The New York-based institution will launch a blockchain-based version of its transfer agency business, which manages fund…
Trade.xyz, an operator of onchain perpetual markets on Hyperliquid, said it will cover eligible liquidation losses after a price anomaly hit its contract tracking SK Hynix, a South Korean chipmaker and producer of high-bandwidth memory for artificial intelligence. Trade.xyz said…
Bitcoin Magazine Bitcoin Dips As Crypto Clarity Act Hopes Fade Bitcoin’s price slid further on Tuesday as investors weighed up the chances of lawmakers voting on the long-awaited crypto Clarity Act. The price of Bitcoin was recently $63,634 after sliding…
Crypto exchange Kraken is offering retail investors access to the planned Jersey Mike’s initial public offering, allowing eligible US customers to request allocations of the sandwich chain’s shares and users in more than 110 countries to request tokenized shares backed…