The post Paul Ryan Advocates Stablecoin Regulation to Tackle U.S. Debt Crisis appeared first on Coinpedia Fintech News Former U.S. House Speaker Paul Ryan supports stablecoin regulation to enhance U.S. economic stability and boost dollar adoption. In a Bloomberg interview, Ryan emphasized stablecoins’ potential to address the $34.7 trillion debt crisis. By supporting assets like U.S. Treasury bills, stablecoins can increase demand for government debt. Additionally, Ryan calls for bipartisan regulation, which Patrick …
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Ex-Investment Banker and Registered Broker Busted in $1,500,000 Crypto Fraud Scheme: DOJ
A former investment banker and registered broker has been sentenced for masterminding a $1.5 million crypto fraud scheme. In a new press release, the US Department of Justice (DOJ) says that Rashawn Russell, who used to work for the Financial Industry Regulatory Authority (FINRA), has been sentenced to three years and five months behind bars. The post Ex-Investment Banker and Registered Broker Busted in $1,500,000 Crypto Fraud Scheme: DOJ appeared first on The Daily Hodl .
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BDAG Leads as Premier Layer 1 Crypto, Outshining TRON & Cardano
BlockDAG Dominates as the Leading Layer 1 Crypto with $38M in Presale, Outpacing TRON and Cardano Price Movements As Cardano gears up for potential market gains and TRON’s founder actively engages the community amid fluctuating prices, BlockDAG makes significant strides with a robust $38M in presale achievements bolstered by endorsements
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A Student’s Fortuitous Bet on Dogecoin; BlockDAG Poised for Comparable Triumph Amid 850% Price Increase
“Fate smiles upon the daring”—an adage that resonates deeply within the cryptocurrency domain, renowned for its volatile yet often rewarding nature. Such was the case for a college student whose modest gamble on Dogecoin—originally a playful digital token—amassed a small fortune. Today, there’s a growing consensus that a digital currency as promising and more robust The post A Student’s Fortuitous Bet on Dogecoin; BlockDAG Poised for Comparable Triumph Amid 850% Price Increase appeared first on Live Bitcoin News .
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Bitcoin ‘Realized Volatility’ Showing Very Rare Trend: What Could Be Next
Data shows that the Bitcoin Realized Volatility metric has fallen to historically low levels. What generally happens after this pattern forms? Bitcoin Realized Volatility Has Decline To Extreme Lows Recently In a post on X, CryptoQuant author Axel Adler Jr has discussed about the latest trend taking place in the Realized Volatility of Bitcoin. The Realized Volatility here refers to an indicator that basically tells us about how volatile a given asset has been based on its price returns within a specified window. When the value of this metric is high, it means that the asset in question has experienced a large number of fluctuations during the period. On the other hand, the low indicator implies that the price action has been stale for the commodity. Related Reading: Ethereum Investors Take On Sky-High Leverage: Brace For Volatile Storm? Now, here is a chart that shows the trend in the 1-week Realized Volatility for Bitcoin over the last few years: As displayed in the above graph, the 1-week Bitcoin Realized Volatility has declined to pretty low levels of around 7% recently. This is so extreme that only ten other instances in the past six years have seen the metric go similarly low. This means that the cryptocurrency’s recent consolidation has been amongst the tightest in its history; as for what this trend in the indicator could mean for the cryptocurrency, perhaps past patterns could provide some hints. An inspection of the chart reveals that such stale price action in the asset has generally unwound with a burst of sharp volatility. The latest instance occurred right before the rally towards the new all-time high (ATH). Given this pattern, it’s possible that the recent BTC consolidation could also lead to another sharp move for the cryptocurrency. Something to note, however, is that the volatility emerging out of lows in the Realized Volatility has historically gone either way, implying that the price move emerging out of this tight range could very well be a crash. It remains to be seen how the Bitcoin price will develop from here on out, given the historically stale action it has witnessed over the past week. In other news, as Axel pointed out in another X post, the recent movement from the bankrupt exchange Mt. Gox has meant that many on-chain indicators have shown false signals. The analyst has cited the Bitcoin Adjusted Spent Output Profit Ratio (aSOPR) chart as an example. The aSOPR keeps track of the net profit or loss investors across the network realize. As the Mt. Gox BTC had been sitting still in wallets for quite a long time, it’s not surprising that its movement has “realized” a large amount of profit. Related Reading: This Bitcoin Metric Is “One Of Crypto’s Top Leading Indicators”: Santiment Of course, this spike in the indicator isn’t actually a sign of profit-taking, so it’s not a signal that would impact the market. BTC Price Bitcoin has declined over the past day as its price is now down to $66,800. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com
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Traders Profit From Trump-Themed MEMEcoins Amidst Legal News
Following the recent news of Donald Trump being found guilty, the cryptocurrency market saw a surge in Trump-themed meme coins. A savvy trader capitalized on this trend, making significant profits in just a few hours by trading two of these new tokens: FREE TRUMP ($FREE) and NEVER SURRENDER ($TRUMP). As
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Black Doge (BLADOGE) to Explode 14,000% Ahead of KuCoin Listing, as Shiba Inu, Bonk and Dogecoin Lag
Early investors in memecoins like Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) made astronomical returns, and Black Doge (BLADOGE) presents a similar opportunity for a limited time. Black Doge (BLADOGE), a newly launched Solana memecoin, is poised to explode over 14,000% in a matter of days, as former Shiba Inu (SHIB), Bonk (BONK) and Dogecoin (DOGE) investors pour funds into this new token. BLADOGE will be listed on KuCoin, one of the largest centralized exchanges in the world, within a few days – and this is a massively bullish development for the token, as millions of new investors will
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Bitcoin Sharks and Whales Accumulate, Signaling Potential Bull Market
In the last five months, Bitcoin wallets holding at least 10 BTC have seen a significant increase in their holdings. According to analysis from Santimentfeed, these wallets have collectively acquired an additional 154,560 BTC. Historically, such accumulation by large BTC holders often precedes a bullish market phase, as it indicates
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JASMY Price Surges As DWF Labs Makes Strategic Moves
The price of JASMY has seen a significant uptick, surging by 27.55% in the past 24 hours. This recent price movement contributes to its impressive weekly and monthly gains of over 43% and 95% respectively, providing substantial returns for its investors. The trading volume over the past 24 hours has
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