China

Interactive Brokers accepts USDC deposits; Ripple's RLUSD coming soon

Interactive Brokers has announced that it will now accept USDC deposits, allowing clients to use the stablecoin for transactions. This move is part of the brokerage's broader strategy to integrate digital assets into its offerings. Additionally, Ripple is set to launch its own stablecoin, RLUSD, which aims to provide a secure and efficient means of transferring value. The introduction of RLUSD is expected to enhance Ripple's ecosystem and facilitate more seamless transactions. Both developments signify a growing acceptance of cryptocurrencies in traditional finance.

Read the full article: CoinDesk

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Florida Governor Ron DeSantis is pursuing a state stablecoin framework after the Florida Senate passed a bill aimed at regulating digital assets. The proposed legislation seeks to establish guidelines for the issuance and management of stablecoins within the state, promoting innovation while ensuring consumer protection. DeSantis emphasized the importance of

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Bitcoin experienced its best week in months, buoyed by positive news from Wall Street, yet it struggled to maintain the $70,000 mark. Factors contributing to this resistance include profit-taking by investors and ongoing regulatory uncertainties in the cryptocurrency market. Analysts suggest that while institutional interest is growing, it may

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Kalshi, a prediction market platform, is facing a lawsuit for allegedly refusing to pay out on a market related to the death of Iran's Supreme Leader, Ayatollah Ali Khamenei. The lawsuit claims that Kalshi's decision to withhold payouts violates its own terms and conditions, as the

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says

An investment firm has warned that Bitcoin could experience a further decline of up to 30% as the cryptocurrency's four-year cycle gains momentum. Historical trends suggest that Bitcoin often undergoes significant price corrections following its halving events, which occur approximately every four years. Analysts believe that the current

Read more

Florida Gov. Ron DeSantis Eyes State Stablecoin Framework Following Senate Passage

Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months

Kalshi Sued Over Refusing to Pay Out Prediction Market After Iran Leader's Death

Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says