Author: letsdoh

Federal Reserve chair Jerome Powell reiterated the bank’s position on a Bitcoin reserve from an existing legal perspective. Speaking at a routine conference after announcing monetary decisions, Fed chair Powell stated that the U.S. central bank cannot own Bitcoin (BTC) and, thus, is unable to hold a BTC reserve. The bank regulator stressed that current

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Aave DAO delegate and service provider Aave Chan Initiative has initiated a proposal on the crypto lender’s governance forum to deploy Aave v3 on Sonic. Sonic Labs announced the mainnet launch of its layer-1 Ethereum Virtual Machine-compatible blockchain Sonic on Dec. 18. The new governance proposal seeks community support that would allow the integration of

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BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion commodities / gold Gold investors are buying the dip By  Neils Christensen Published: Oct 25, 2024 – 5:58 PM Updated: Oct 25, 2024 –

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BUY/SELL GOLD & SILVER Bullion Coins and Bars Precious Metals All Metal Quotes Cryptos Base Metals Markets Mining News About Kitco Forum NEW Jeweler Resources Commodities Cryptocurrencies Mining Economy Conferences Opinion cryptocurrencies / bitcoin Stocks slip, crypto falters as Tether faces scrutiny, gold stands strong By  Jordan Finneseth Published: Oct 25, 2024 – 8:47 PM

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Tether CEO Paolo Ardoino recently disclosed that the company holds a significant amount of Bitcoin and gold as reserve assets for its USDT stablecoin. This revelation comes as Tether is also advancing work on an AI software development kit (SDK). Tether’s USDT Bitcoin and Gold Reserves On October 26, UQUID CEO Tran Hung revealed details

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GOAT price has been riding a strong uptrend, recently reaching a new all-time high. This rapid ascent, however, might face turbulence, as the coin saw a sharp 24% dip, raising concerns about a potential drawdown. The recent price drop has investors questioning whether the bullish momentum can be sustained or if a deeper decline lies

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The biggest deal this week wasn’t a venture capital raise. Instead, it was the announcement that Stripe is buying stablecoin platform Bridge for $1.1 billion.  There’s been a lot written about the deal and what it means, and we wrote about it from numerous angles here at Blockworks focusing on the Solana impact, what it

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The co-CEO and chief technology officer of crypto market maker GSR have exited the firm, the company revealed this week.  Rich Rosenblum, who co-founded the company more than a decade ago, has stepped down “to pursue entrepreneurial opportunities,” GSR said in a Wednesday X post.  “His visionary leadership and innovative approach have played a pivotal

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