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SRC20 Protocol Distinguished for Exceptional Data Permanence on Bitcoin Network
A recent study by consultancy firm Universelle has spotlighted the SRC20 protocol for its "unmatched data permanence," distinguishing it from other Bitcoin network protocols like BRC20 and Runes. The report praises SRC20 for its unique ability to maintain data integrity... -
Robert Kiyosaki Urges Investment in Bitcoin as Bond Market Teeters
Renowned 'Rich Dad, Poor Dad' author Robert Kiyosaki has issued a stark warning about the potential collapse of the bond market, urging investors to divert their funds into "safer real assets" like Bitcoin. Kiyosaki criticizes financial advisors for promoting bonds... -
SEC Greenlights Regulatory Filings for Multiple Spot Ether ETFs
In a pivotal development for the cryptocurrency industry, the United States Securities and Exchange Commission (SEC) has authorized critical 19b-4 filings for spot Ether ETFs. This approval allows several major exchanges to list these ETFs, signalling the SEC's increased willingness... -
Federal Reserve Survey: Just 7% Used Cryptocurrency in 2023, Disputing Coinbase Data
The latest "Economic Well-Being of U.S. Households in 2023" report issued by the Federal Reserve, which was conducted by Ipsos, reveals a significant gap in cryptocurrency adoption among Americans. Contrary to claims made by Coinbase, which assert that over 52... -
Brokerages Turn Bullish on Chinese Stocks as Hang Seng Enters Bull Market
Chinese stocks have underperformed global markets over the last decade and the Hang Seng index fell to multi-year lows earlier this year. However, they have since rebounded and the Hang Seng is now in a bull market after having risen... -
US Regulator Approves Applications to List Spot Ether ETFs
On May 23, the US Securities and Exchange Commission (SEC) approved applications from BlackRock, Fidelity, Grayscale, Bitwise, VanEck, Ark, Invesco Galaxy, and Franklin Templeton to list spot Ether exchange-traded funds (ETFs). This move potentially paves the way for these products... -
Fed Survey Estimates 18 Million Americans Owned or Used Cryptocurrency Last Year
On May 21, the Federal Reserve released its latest annual survey of 11,400 households, revealing that the number of U.S. adults reporting cryptocurrency ownership or usage dropped to approximately 18 million last year. This marks a major shift in the... -
Zest Protocol Co-founder: Enhancing Programming Could Boost BTC’s DeFi Ecosystem Over ETH’s
Tycho Onnasch, co-founder of Zest Protocol, asserts that adding new programming capabilities to Bitcoin could enable it to surpass Ethereum's current dominance in the decentralized finance (DeFi) space. Onnasch suggests that the Bitcoin DeFi ecosystem has the potential to rival,... -
Donald Trump Campaign Opens Doors to Cryptocurrency Donations
The Donald Trump Campaign announced on May 21 that it will begin accepting cryptocurrency donations. This move is framed as a gesture of solidarity with those opposing "socialist government control" over the U.S. financial markets, highlighting the campaign's support for... -
Xpeng Motors Stock Surges as Q1 Earnings Beat Estimates
Xpeng Motors (NYSE: XPEV) stock is trading higher in early US price action today after the company reported an impressive set of numbers for Q1. While its revenues were well ahead of estimates, the losses narrowed and were lower than...