This report will provide some essential and quick news about the cryptocurrencies happening worldwide.
1) Biden Asked To Interfere In Nigeria’s Imprisonment Of US Citizens
The Nigerian government has detained Binance executives Nadeem Anjarwalla and Tigran Gambaryan without passports since February 26, 2024. The pressure on President Joe Biden’s administration to quickly assist in their release is mounting. Gambaryan was a former U.S. federal agent and an executive at Binance…[continue reading]
2) Vanguard CEO Tim Buckley Denies SPOT BITCOIN ETFS Plans
The unsuitability of spot Bitcoin ETFs for long-term investment portfolios is a point that Vanguard CEO Tim Buckley reiterates when asked about the firm’s stance on the matter. Tim Buckley stressed the importance of the company’s dedication to long-term investing methods by saying that Vanguard would not sell spot Bitcoin ETFs…[continue reading]
3) Elon Musk Declares That Tesla Will Begin Accepting Doge Shortly
Elon Musk, CEO of Tesla, has once again shocked the crypto and car sectors with a stunning announcement. The meme currency Dogecoin (DOGE), which began as a joke but is now laughing all the way to the bank, is about to become a viable means of purchasing a brand new Tesla, as he suggested not long ago. Musk broke the news himself; he has been an outspoken supporter of DOGE for some time now, even going so far as to say that its “cool” element makes it his favourite cryptocurrency…[continue reading]
4) EU Financial Regulators Have Released New Rules For Stablecoins
The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) have worked together to establish new regulations to strengthen the regulatory environment for stablecoins. With the Markets in Crypto-Assets (MiCA) framework, financial authorities in the European Union (EU) want to make sure that cryptocurrency markets are honest and that consumers are better protected…[continue reading]
5) Robinhood Set To Gain From Bernstein-Initiated “Monster” Crypto Cycle
The broker Bernstein stated in a research note Thursday that they have begun covering the trading platform Robinhood (HOOD) with an outperform rating and a price target of $30. The broker attributed the bullish call to a “monster” cyber cycle…[continue reading]
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