Investors lowered their projections for a rate reduction in September following Federal Reserve Chair Jerome Powell’s ambiguous replies during a press briefing on Wednesday.A cryptocurrency analyst indicates this may result in a more gradual crypto bull market. The United States central bank chose to hold interest rates steady at 4.25% to 4.5%, citing uncertainty regarding the economic forecast, which has been described as “remaining significant.”No determinations regarding SeptemberPowell stated that rising tariffs are beginning to impact consumer prices for certain categories of products. He did not dismiss the possibility of keeping rates unchanged in the upcoming Federal Open Market Committee…
Autore: wsjcrypto
The United States President Donald Trump’s Working Group on Digital Assets unveiled its long-anticipated crypto report detailing policy suggestions for regulating cryptocurrency in the US, encompassing crypto market structure, jurisdictional governance, banking regulations, bolstering US dollar supremacy through stablecoins, and taxation of digital currencies.Creating a “taxonomy” of digital assets by distinctly identifying which cryptocurrencies are classified as securities and which as commodities was the initial matter addressed in the report, unveiled on Wednesday.Per the suggestions in the document, jurisdictional governance over digital assets should be a shared responsibility between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange…
“`html Trusted Editorial material, evaluated by prominent industry specialists and experienced editors. Ad Disclosure Turkish ride‑hailing company Marti revealed its intention to allocate 20% of its unutilized cash into cryptocurrency assets. Per the organization, Bitcoin will be the inaugural test asset. Subsequently, Marti aims to elevate that portion to 50%. This decision arises amidst Turkey’s struggle with annual inflation rates hovering around 40–50%, which diminishes the purchasing power of lira‑based money. Marti’s CEO, Oguz Oktem, indicated that maintaining a segment of its reserves in cryptocurrency could help safeguard against fiat currency vulnerabilities. The firm emphasized that its regular operations would…
THE NATIONAL GOVERNMENT’S (NG) remarkable debt surged to a new peak of P17.27 trillion as of the end of June, according to data from the Bureau of the Treasury (BTr). The most recent data from the BTr indicated that the outstanding debt increased by 11.5% from P15.48 trillion in the same month of 2024. Despite reaching a new record, the Treasury affirmed that the outstanding debt “remains manageable.” On a monthly basis, NG debt grew by 2.1% from P16.92 trillion in May, attributed to “strong demand from investors for government securities,” the BTr noted. NG debt refers to the total…
Following a rather calm week for altcoins, XRP, Dogecoin, and Shiba Inu gained renewed attention due to a significant update from Gemini. The US-based cryptocurrency platform announced that it is now officially permitting these three tokens, alongside Bitcoin Cash and Solana, as cross-collateral assets for its derivatives marketplace. Significant Advancement For XRP, Dogecoin, And Shiba Inu Gemini’s choice enables XRP, DOGE, and SHIB holders to leverage their tokens as collateral for GUSD-settled perpetual contracts, a capability that was previously restricted to BTC, ETH, USDT, and the Gemini stablecoin GUSD. All five newly accepted tokens come with different collateral “haircuts,” meaning…
The working group on cryptocurrency formed by US President Donald Trump has reportedly encouraged federal authorities to provide clarity on trading regulations for digital assets as part of a wider initiative to facilitate the adoption of new financial innovations, showcasing the White House’s growing interest in the blockchain sector following the enactment of three distinct crypto bills earlier this month.The strategic suggestions were proposed by the White House’s Working Group on Digital Asset Markets, established through an executive order in January and overseen by David Sacks. Among the suggested actions were appeals for the Securities and Exchange Commission (SEC) and Commodity…
On July 30, 2025, the Ethereum community celebrated a significant milestone: a decade since Ethereum’s genesis block and mainnet initiation. What started as a whitepaper has transformed into a decentralized platform now supporting countless applications, tools, and communities worldwide. The Celebration To honor the occasion, more than 100 ecosystem-led events occurred across 6 continents. These gatherings included meetups, workshops, art exhibits, and hackathons, all arranged by members of the Ethereum community. The Ethereum Foundation conducted a livestream event to usher in the next decade. The livestream showcased a conversation with Ethereum co-founders Vitalik Buterin and Joseph Lubin, an interview with…
“`html Companies and Wall Street organizations are beginning to acknowledge Ether as the next emerging treasury asset as the world’s second-largest cryptocurrency and blockchain network celebrates its 10th anniversary on Wednesday.Ethereum launched on July 30, 2015, bringing forth smart contract capabilities and establishing the groundwork for the decentralized finance (DeFi) ecosystem. The network has sustained 10 years of consistent uptime.In honor of the occasion, Cointelegraph examined the five largest corporate Ether (ETH) holders, highlighting Ether’s increasing status as a strategic reserve asset among publicly traded companies.Source: Ethereum FoundationThe publicly traded Bitcoin (BTC) mining entity, BitMine Immersion Technologies, stands as the…
m360 Incorporated, a prominent enterprise communications provider in the nation, persists in driving innovation, enhancing security, and maintaining operational excellence, all while contributing to the nation’s economic development. The Globe subsidiary recently attained ISO/IEC 27001:2022 certification and has been recognized as one of Mandaluyong City’s Top 10 Corporate Taxpayers for 2024. Executed by QAS International, the ISO certification specifically confirms m360’s extensive information security management system, strong risk management framework, structured approach to managing sensitive corporate and client data, and dedication to ongoing enhancement of security practices. “This ISO certification demonstrates our steadfast commitment to safeguarding our clients’ data and…
“`html Trusted Editorial material, examined by premier industry specialists and experienced editors. Ad Disclosure India’s foremost crypto exchange, CoinDCX, is amidst acquisition speculation from prominent crypto exchange Coinbase, yet CEO Sumit Gupta has made one matter abundantly clear: the enterprise is not for sale. His public declaration on social platform X arrives following conjectures that U.S.-based Coinbase is aiming to purchase the Indian company for $900 million, a steep reduction from CoinDCX’s peak valuation of $2.2 billion in 2021. Sumit Gupta Responds to the Speculation In the aftermath of a damaging $44 million breach, reports emerged indicating Coinbase was in…