crypto, stablecoin and Market Value
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Intelligencer on MSNCongress Just Injected Crypto Directly Into the Most Stable Part of the EconomyThere would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that is what a handful of experts fear could happen now that Congress has passed the GENIUS Act, a major piece of crypto legislation.
President Donald Trump is slated Friday to sign the first major federal law governing cryptocurrency, a business that Trump's family have begun forging strong ties to and have promoted in recent years.
President Donald Trump signed the GENIUS Act into law today, marking a milestone in his administration's push to establish the United States as the global
Bitcoin was rising on optimism that U.S. regulation will encourage wider cryptocurrency adoption. The House on Thursday passed the Genius Act bill that will create a new regulatory framework for stablecoins,
Crypto firm Bitcoin Standard Treasury Company said on Thursday it is aiming to list on the Nasdaq, with over 30,000 bitcoin on its balance sheet, through a merger with a Cantor Fitzgerald-backed blank check vehicle.
1don MSN
On today's episode of CNBC Crypto World, bitcoin trades flat while ether and XRP rise. Plus, Coinbase announces an 'everything app' to replace the Coinbase Wallet. And, Rep. Bryan Steil (R-Wisc.) discusses the House's plans to pass crypto regulation bills after an hours-long delay.
Bitcoin price and other cryptocurrencies were recovering on Wednesday following a set back to key crypto legislation Tuesday.Bitcoin is up 2.2% over the past 24 hours to $119,228, according to CoinDesk data.
The cryptocurrency market is relatively calm on Wednesday as Bitcoin (BTC) attempts to extend its recovery above $119,000, following a sell-off to $115,736 the previous day. Altcoins, including Ethereum (ETH) and Ripple (XRP), offer bullish cues, reflecting steady interest from both institutional and retail traders.