Wyoming has just raised the bar for how state governments can prove their digital money is actually backed by real assets. The Wyoming Stable Token Commission announced it has adopted Chainlink Proof of Reserve, a move designed to strengthen Wyoming stable token transparency by giving regulators, banks, and everyday users a near real-time, onchain view
Joe Carlasare, commercial litigator, Bitcoin advocate and author of Unconfiscatable, said Bitcoin’s recent dip below $60,000 lasted only about 72 hours, a brief window he sees as strong evidence that sellers have largely disappeared from the market at lower price levels. Why the Brief Dip Below $60K Matters Carlasare said the speed of that rebound
Most people assume that a Bitcoin halving is a single dramatic event, a switch that flips and sends the price upward. The reality is more mechanical and less certain. A halving is a pre-programmed reduction in the number of new bitcoins created with each block. It is written into the protocol and has been since
Bitcoin fell below $77,000 as softer US labor data failed to dislodge expectations for another Federal Reserve rate increase. Data from CryptoSlate shows the largest cryptocurrency traded around $76,985 as of press time after July job openings held at 7.3 million and hiring remained subdued. The release landed into a market already confronting $90 oil,
Crypto traders are invoking “Bart Simpson,” the spiky-haired cartoon boy from “The Simpsons,” after a long time. The reason? Bitcoin $BTC$76,907.09, $XRP ($XRP), ether ETH$2,386.19 and many others are losing ground, reversing recent steep gains in a manner that closely resembles Bart’s spiked hairline, which shoots straight up before curving sharply back down. It’s been
London-listed Smarter Web Company (SWC) has increased its Bitcoin holdings by 35 $BTC, according to a recent corporate update. The purchase brings the firm’s total treasury to 2,747 $BTC, solidifying its position as one of the most prominent corporate Bitcoin holders among publicly listed companies. Corporate Bitcoin Accumulation Continues SWC’s latest acquisition follows a broader
Bitcoin entered September in a consolidation phase after gaining approximately 23% over the last two weeks. The cryptocurrency briefly traded above $81,000 before retreating below $77,000, but analysts say its broader market structure remains relatively healthy. Bitcoin is trading at $76,990 at the time of writing, down 1.4% over the previous 24 hours. Bitcoin spot
HashKey Group said on Sept. 2 that it had joined the Depository Trust & Clearing Corporation’s Digital Assets Advisory Services Industry Working Group, becoming its first Asian digital asset service provider. The Hong Kong based company will participate in discussions about how tokenized securities can be issued, transferred, settled and safeguarded through institutional market infrastructure.
India’s stock market is currently facing a strange phase with significant pressure from an unusual source. While Indian investors continue to explore the market via SIPs and mutual funds, foreign investors are reportedly dumping shares. This growing gap between these two trends has raised questions about the future of Indian equities. Foreign investors are losing