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blockchain crypto cryptocurrency could legalize stablecoins in the US (SpotedCrypto)

BlackRock and Wall Street involvement could legalize stablecoins in the US

"Stablecoins will become legal in the U.S. as BlackRock and Wall Street private banks get more involved in the market," Ryan Sean Adams, a prominent cryptocurrency investor, told X. "The U.S. has no political will to create a CBDC. "The U.S. does not

blockchain crypto cryptocurrency thai exchange bitkub (SpotedCrypto)

Thai crypto exchange Bitkub sees IPO valuation of up to $3 billion

Thai cryptocurrency exchange Bitkub has announced plans for an initial public offering (IPO) in 2025, with Bitkub Capital Group Holdings CEO Jirayut Srupsrisopa predicting a valuation of up to $3 billion, CoinDesk reports. "At a price-to-earnings ratio (PER) of 10-30, the valuation will be between $1 billion and $3

blockchain crypto cryptocurrency Less than two years away us interest rate cut (SpotedCrypto)

'Less than two years away'...expectations of a US rate cut drastically reduced amid high inflation

Expectations for the Federal Reserve (Fed) to cut its benchmark interest rate further diminished as U.S. underlying inflation beat market expectations for a third straight month. Market participants now see two rate cuts this year, with a growing number expecting just one. The likelihood of the first rate cut

blockchain crypto cryptocurrency Hongkong will approve Bitcoin spot ETFs (SpotedCrypto)

Hong Kong to approve first BTC spot ETF on April 15, crypto market hopes to gain liquidity

Hong Kong's Securities and Futures Commission (SFC) plans to approve its first BTC spot ETF on April 15, Chinese media outlet Tencent News reported. Earlier today, the SFC added Chinese asset managers Harvest Global Investments and China Asset Management to its list of new virtual asset management fund

blockchain crypto cryptocurrency March CPI in the US beating expectations (SpotedCrypto)

With March CPI in the US beating expectations, we take a look at the market's reaction

U.S. CPI rises 3.5% y/y in March, beating expectations The U.S. Department of Labor reported that the Consumer Price Index (CPI) rose 3.5% year-over-year in March, up from 3.2% in February. This was above market expectations of 3.4%. The underlying consumer price index

blockchain crypto cryptocurrency Bitcoin spot ETFs IBIT vs GBTC (SpotedCrypto)

BlackRock IBIT Assets Under Management Now $5 Billion Behind GBTC... GBTC Outflows Also Reduced

BlackRock's bitcoin spot ETF IBIT is closing the gap with its grayscale counterpart GBTC in terms of assets under management, according to The Block. As of Sept. 9, IBIT had $18.2 billion in assets under management, while GBTC had $23.2 billion. Two months ago, the gap

blockchain crypto cryptocurrency ethereum bullish on april (SpotedCrypto)

Wintermute OTC Trader "Predicts Bullish Ethereum Options Market in Late April"

Wintermute OTC trader Jake Ostrovskis has predicted that the Ethereum options market will be bullish in late April, according to The Block. "The late April call strikes are concentrated in the $3,700-$4,000 range, which shows the upward bias and bullish sentiment in the market," he