Bitcoin News and Finance: What You Need to Know

A poll conducted by research-driven technology investment firm Paradigm in June, published on Thursday, has revealed that Republicans strongly support financial freedom through cryptocurrency and oppose centralized control, such as central bank digital currencies (CBDCs). Political candidates defending crypto, such as Sam Brown, Dave McCormick, and Bernie Moreno, enjoy significant GOP (Republican Party) support. Notably, […]

Global investment bank JPMorgan has predicted a crypto market recovery beginning in August. The firm revised its year-to-date crypto net flow estimate from $12 billion to $8 billion, citing bitcoin liquidations by Mt. Gox creditors and the German government’s seized asset sales as contributing factors. JPMorgan’s analysts believe this revised net flow will stabilize the […]

Goldman Sachs is expanding its crypto services, focusing on tokenizing assets. The global investment bank plans to launch three tokenization projects by year’s end. Goldman Sachs continues to see client interest, aiming to innovate investment methods and broaden its crypto product suite. Goldman Sachs Expands Crypto Services Amid Growing Institutional Interest Goldman Sachs is enhancing […]

During his Senate testimony, the chairman of the Commodity Futures Trading Commission (CFTC) emphasized the necessity of federal legislation to regulate digital commodities such as bitcoin and ether. Citing market volatility and fraud, the chairman advocated for expanded regulatory powers to safeguard investors and maintain financial stability. He also referenced a recent court ruling that […]