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Miller said Bitcoin “functioned without the Fed and without any interference” during times of market turmoil, concluding that “it’s an insurance policy, the way I look at it.”

“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice.

ETH dropped below a key support in its USD/BTC pair, but analysts say a bullish trading pattern could eventually spark a sharp trend reversal.

The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system.

Through a peso-backed stablecoin, Tether is basically “recreating forex markets with Tether products,” Ardoino said.

SOL price can preserve the bullish bias, however, as its two multi-month support levels converge for the first time.

A wick to $28,000 sparks hopes of multi-week highs but caution remains over thin order book liquidity.

The announcement highlighted that this may spark the launch of more peso-backed stablecoins within the region.

The U.S. SEC rejected the application for the ARK 21Shares Bitcoin ETF in early April and has not approved a spot Bitcoin ETF so far.

On a Dutch talk show, Christine Lagarde said that crypto is “worth nothing,” as there’s no underlying asset that backs the currencies.

Old Fashion Research has been functioning since late 2021, but now officially comes out of the shadows.

MEXC Global has pledged to carry out a month-long buyback-and-burn to reduce the circulating supply of the old Terra markets.

Michael Miebach, CEO of Mastercard, told an audience of blockchain executives that he expects SWIFT to phase out of existence in as little as five years’ time.

Low transaction activity is gathering importance as analysts forecast the return of volatility.

A Lego Group vice president believes the Metaverse will be a disruptive force that will change the way people learn things, especially children.

Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk's TED talk to prey on unwitting social media users.

The Portuguese Minister of Finance had recently declared that cryptocurrencies in the country will soon be subject to capital gains taxes.

Strong euro and overbought readings could pressure the dollar further, showing signs of topping out — Bitcoin at risk of falling.

“Users will soon find Wormhole integrated into the backend of the Injective Bridge whereby transferring assets from distinct EVM chains or Solana can be done with the click of a button,” Injective Labs stated.

DeFi insurance protocol InsurAce took heat from the community for suddenly shortening its claims period for Terra-related insurance claims, but is already set to pay out $11 million to claimants.

The World Bank has said “it will be physically impossible” for the lender to fund the planned Sango crypto hub and voiced concerns regarding the country’s adoption of Bitcoin.

“This reorg is not an indicator of a flawed fork choice, but a non-trivial segmentation of updated vs out of date client software” suggested Core Ethereum developer Preston Van Loon.

Developing countries have more than double the amount of people positive that the Metaverse will impact their lives, and they’d use it daily in comparison to developed countries.

Graphics card giant Nvidia reported “nominal” sales of its crypto mining chips and expected overall revenues to be down in Q2, which drove down its share price.

Sideways crypto price action persists as the Federal Reserve confirms its plan to continue raising interest rates, but analysts spot a silver lining.

The discussion of FTX.US’s proposal for non-intermediated margined products clearing highlighted unknown factors and the need for more regulatory framework.

Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors.

The Federal Revenue of Brazil wants investors to pay taxes on cryptocurrency trading profits, even if there is no exchange for Brazil's national currency.

Binance CEO Changpeng Zhao met with Kazakhstan’s president and his senior staff on Wednesday to discuss long-term cooperation.

Bitcoin and the major altcoins remain stuck in a range as traders search for the next factor that will start a directional move.