News with the tag "USA"

The Hong Kong government passed the stablecoin bill, which marks the beginning of licensing for stablecoin issuers. The legislative council on Wednesday passed the bill on its third reading, which directs the token issuers to get licensing from the Hong Kong Monetary Authority (HKMA). Stablecoin is ...

Hailey Welch, the face behind the viral Hawk Tuah meme, was briefly investigated by the FBI following the collapse of a Solana-based Hawk Tuah (HAWK) meme coin launched in her name. During a May 21 episode of her “Talk Tuah” podcast, Welch opened up about the federal probe for the first time, reveal...

Bitcoin held firm above the six-figure mark this week, supported by a cautiously optimistic market, though momentum stalled by week’s end as new catalysts failed to emerge. Broader market growth continued, with the total crypto market cap rising 2.4% to $3.42 trillion by Friday. Sentiment cooled onl...

Cryptocurrencies, including top meme coins, are in focus this week following news that Coinbase will soon join the benchmark S&P 500 index. In a press release on Monday, the index confirmed that Coinbase will replace Discover Financial Services to become a part of it on May 19 th . The announcement ...

Bitcoin managed to reclaim $100,000 for the first time since February this week as economic tensions in the US eased. The broader crypto market responded in kind, with total market capitalisation rising over 8% to approximately $3.37 trillion by Friday. Sentiment indicators reflected the rally, as t...

Missouri is just a step away from becoming the first US state to abolish capital gains tax on crypto profits, with a bill now awaiting the governor’s signature. On Wednesday, Fortune reported that the Missouri Legislature passed the final version of House Bill 594, which would eliminate capital gain...

XRPfi, or XRP-based decentralized finance, refers to integrating XRP, primarily known for facilitating fast, low-cost cross-border payments, into the broader decentralized finance (DeFi) ecosystem. XRPfi aims to enable XRP holders to participate in decentralized applications such as yield generation...

Bill Gates accused Elon Musk of killing the world’s poorest children by cutting USAID funding in the wrong way. He said this while announcing that he would be giving his remaining wealth, which is more than $100 billion, to the Gates Foundation. Gates told FT that the sudden cuts had caused life-sav...

In a landmark move that reshapes the global cryptocurrency landscape, Coinbase has announced a deal to acquire Deribit, the world’s top platform for Bitcoin and Ethereum options trading, for approximately $2.9 billion. Coinbase @coinbase · Follow We are acquiring @DeribitOfficial to build the most ...

The traditional financial market has been rocked by a major bear trend, which has been fueled by President Donald Trump’s tariff hikes. As a result, the stock market has recorded massive losses over the past weeks. On the flip side, the crypto market has managed to stay afloat, with the leading cryp...