In a landmark decision, the US House of Representatives passed its first major cryptocurrency regulation bill on May 22. The bill, Financial Innovation and Technology for the 21st Century Act (or FIT21 for short), passed with a resounding 279-136, indicating how much bipartisan support there is for crypto regulation. While it isn’t guaranteed to pass…
Landmark Ether ETF Approval Stands to Catapult Coin After starting the week off running as speculation that the SEC’s approval of a series of spot ETF applications was imminent, Ethereum is poised to have its largest-ever gains following Thursday’s announcement that the approvals had indeed gone through. With that, ether has joined bitcoin in the…
In a landmark action, Oklahoma’s legislature passed a Bitcoin Rights protection bill on May 13 that gives residents and businesses the right to self-custody, effectively enabling the usage of bitcoin and other cryptocurrencies without additional taxation. When it goes into effect on November 1, the bill will also protect bitcoin miners from new local regulation (such as additional noise…
We all know cryptocurrency can be particularly volatile, but what does that actually mean? It turns out people have a lot of misunderstandings about volatility, and often that leads to fear. Today an industry professional explains why volatility isn’t always a bad thing…
Two new adoption on-ramps to cryptocurrency are launching soon, with one of them (Elon Musk’s X) serving the needs of consumers and the other (Stripe’s return to facilitating transfers in cryptocurrency) making it easier for businesses to conduct transactions. Both represent an overall shift in how cryptocurrency is perceived and utilized – and signify that…
