The International Monetary Fund proposed a bloodboiling increase in electricity taxes for cryptocurrency miners.
Tokenized US Treasuries could exceed $3 billion by end of year
The fast increase in global cryptocurrency adoption, which has surged by 34% in the number of holders since 2023, is driving demand for stable and low-risk digital assets.
Norway’s sovereign wealth fund doubled its Bitcoin holdings
Norway’s sovereign wealth fund, Norges Bank Investment Management, the NBIM, has become a big holder of the world’s first cryptocurrency. Or something like that.
What will bring a Fed rate cut for Bitcoin?
There’s growing optimism within the crypto community about the possibility of interest rate cuts by the U.S. Federal Reserve later this year.
Crypto and barter, the new payment between China and Russia?
Chinese regional banks, previously acting as intermediaries for payments from Russia, have begun to refuse Russian transactions.
History in making: UAE’s and India’s first oil trade in XRP, instead of USD
In a first-of-its-kind move, India and the United Arab Emirates have completed a crude oil transaction that bypassed the US dollar entirely, utilizing XRP as the intermediary, facilitated by the XRP Ledger System.