Congressman John Rose has proposed a new bill to streamline digital asset regulations by creating a Joint Advisory Committee co-managed by the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC). The BRIDGE Digital Assets Act, introduced in the House, aims to foster collaboration between the two…
As an open-source protocol, Uniswap provides liquidity and trading for ERC20 tokens on the Ethereum blockchain. Adams dismissed the allegations, stating they were made to bait engagement. He clarified that neither Uniswap Labs nor the Uniswap Foundation charges protocols for deploying on its platform. He further explained that governance votes…
Brazil’s Solana Spot ETF will provide an interesting test case for its viability in US markets. 2024: An ETF Bonanza 2024 has been a pivotal year for ETFs in the cryptoasset industry. The SEC made headlines worldwide when it announced Bitcoin ETF’s approval in January. The subsequent events led to…
USDT issuer Tether has made a move into the agriculture sector with a $100 million investment in Adecoagro, a South American agricultural firm. This marks its first venture into the agriculture and food industry, expanding its investment portfolio beyond its previous focus areas of technology and digital assets. Tether Acquires…
Tether acquired a nearly 10% stake for $100 million in NYSE-listed agricultural conglomerate Adecoagro SA, a regulatory filing shows. Agrotoken, together with Adecoagro, started the development of three stablecoins, SOYA, CORA and WHEA, which allow producers to have their own currency represented in grains, Agrotoken CEO Novillo Astrada said. Tether…
The Crypto market has been experiencing a lot of bearish sentiment lately, with prices having fallen since the highs experienced earlier in 2024. This has led to some concern among Crypto holders, while those trading derivatives like Contracts for Difference (CFDs) or Crypto Futures have had the opportunity to benefit…
Bitcoin’s trading hours have surpassed those of the modern US fiat stock market since the Nixon Shock, but claims of it exceeding the entire history of US stock trading or fiat globally would be premature. A closer examination reveals a more nuanced picture of market longevity and trading activity. The…
Uniswap is struggling to emerge from the scrutiny of US regulators. It looks like the New York State Attorney General Letitia James is following the footsteps of the SEC chairperson Gary Gensler, when it comes to crypto. During the previous month, some venture capital firms who have invested in Uniswap…
However, despite Uniswap’s recent gains, data indicates that a short-term pullback may be on the horizon as the broader market experiences challenging conditions. Uniswap Surge Causes Greed in the Market An overview of the top 20 cryptocurrencies shows that nearly all have posted negative returns over the past week. However,…
The integration highlights the growing significance of prediction markets in US elections, even as they face ongoing regulatory challenges. According to Michael McDonough, Bloomberg’s chief economist for financial products, the integration of Polymarket data into Bloomberg’s Terminal service is already underway. Once completed, users will be able to view Polymarket’s…