Daily Breakdown

In the ever-evolving world of cryptocurrencies, recent developments have caught the attention of enthusiasts and investors alike. This recap brings to light crucial #CryptoNews, highlighting the surge of spot Bitcoin ETF applications, the suspension of Nasdaq’s digital asset custody launch, and the ongoing pursuit of financial sovereignty through decentralized technologies. Let’s delve into the details

In a move that could potentially revolutionize the U.S. financial system, Democratic presidential candidate Robert F. Kennedy Jr. has proposed a plan to back the U.S. dollar with Bitcoin. This groundbreaking proposal, unveiled at a recent Heal-the-Divide PAC event, also includes exempting Bitcoin from capital gains tax when converted into U.S. dollars. A New Dawn

Tesla Inc., the world-renowned electric vehicle (EV) behemoth, has once again made headlines, not for its groundbreaking EV technology, but for its unwavering stance in the volatile world of cryptocurrencies. The company’s Q2 2023 earnings report revealed a steadfast position in the crypto market, with a whopping $184 million worth of digital assets held on

The Lightning Network, an innovative payment system, is a beacon of hope for Latin America and beyond. This second-layer network, built on the Bitcoin blockchain, enables instantaneous and low-cost Bitcoin transactions, eliminating the need for intermediaries. The Lightning Network is increasingly being used to send money globally, faster and cheaper than traditional financial systems. Alyse

In a recent development, the United States-based cryptocurrency exchange, Coinbase, has declared a temporary halt on the staking of additional assets for customers residing in four states. This decision comes in the wake of legal actions initiated by local regulators. Coinbase’s Response to the Allegations Coinbase, in a blog post dated July 14, announced that

The blockchain ecosystem constantly evolves, and one of its notable contributors, Brock Pierce, continues to make waves. A recent interview with Pierce on CNBC’s Crypto World offered fascinating insights into his perspective on blockchain’s future and the potential role he could play in shaping it. Blockchain: Shaping the Future of Ownership Pierce, a well-established figure

The Federal Reserve’s real-time payment and settlement service, FedNow, has been a subject of considerable discussion within financial circles. While it’s been lauded for its promise of instantaneous transactions, there are concerns about the potential implications for the broader financial ecosystem, and particularly for cryptocurrencies. FedNow’s Fraud Prevention Mechanisms At its inception, FedNow will allow