News
Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.
MakerDAO founder Rune Christensen said a future token named PureDai will serve as a fully decentralized alternative to Dai. PureDai will use ether and stETH as collateral and will have a free-floating peg. Dai holders will have the option to upgrade to PureDai once it becomes available, which is expected in a few years.
BTC’s value soared by $5K in a matter of hours, SHIB was predicted to launch a bull run, while PEPE hit a new ATH.
QCP Capital expects the bitcoin price to return to $74,000 after the latest CPI print saw risk assets surge.
BTC price action has its doubters after swiftly jumping to new May highs, but some see Bitcoin continuing upward momentum into price discovery.
The Chicago Mercantile Exchange (CME) Group is considering launching bitcoin spot trading, according to a report.Discussions have been ongoing with traders, though the plan for spot trading rollout has not been finalized.
Spot Bitcoin exchange-traded fund inflows have surged to a two-week high as the underlying asset pumped 7% on key US inflation data.
- 17:33Emma Reynolds has been appointed as the UK's Economic Minister in charge of regulating digital assets and CBDCThe UK government has announced the appointment of Emma Reynolds to replace Tulip Siddiq, who resigned over a corruption scandal, as the new Economic Minister. She will be responsible for overseeing digital assets, central bank digital currency (CBDC), and broader financial affairs. (CoinDesk)
- 16:51Federal Reserve Williams: The variable in the neutral interest rate view lies in the significant increase in debt levelsFederal Reserve Williams: The variable in the neutral interest rate view lies in the significant increase in debt levels. Higher government debt may have increased the estimated value of the neutral interest rate. The view on neutral interest rates is not a big issue when formulating monetary policy. The Federal Reserve needs to understand these policies before responding to new government policies.
- 16:40Vitalik: We need to ensure that a large amount of financial activity takes place in a completely open environmentVitalik posted on the X platform, stating that Soneium has effectively demonstrated the benefits of Ethereum L2 for businesses and users. Businesses can make very detailed choices about how much control to retain and give to users, but whatever rules they choose are still rules. Everything is on-chain, transparent, and can be audited by a third party. Vitalik added: You can create a system that lets users know they can send transactions on L2 when needed; sorters may limit but cannot censor. As an ecosystem, what we need to pay attention to is ensuring that a large amount of financial activity takes place in a completely open environment and there are enough tools available for users to understand the properties of their on-chain environment.