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The latest crypto coverage from the TrustFinance editorial desk.
Strategists at Wolfe Research see a bearish outlook for Bitcoin, citing rising interest rates and a strong dollar as key obstacles that are unlikely to dissipate soon. They predict the cryptocurrency's downtrend will continue as the 10-year Treasury yield climbs toward the 5% mark.
The U.S. Securities and Exchange Commission is reportedly considering new regulations for digital asset investments, including a potential exemption for tokenized stocks, according to a report from Bloomberg.
Cryptocurrency hardware wallet maker Trezor has disclosed a data breach at a third-party logistics provider, exposing the personal information of thousands of customers and heightening the risk of targeted phishing attacks.
Bitcoin's price fell below the key $63,000 level on Friday after a report indicated the U.S. SEC is delaying a key rule for tokenized securities. The regulatory setback outweighed broader market optimism from softer inflation data that had eased concerns about Federal Reserve interest rate hikes.
Tether's USDT remains the leading stablecoin for business transaction volume, but Circle's USDC is gaining significant momentum with triple-digit growth in transaction count, according to new data from crypto payment processor NOWPayments.
Cryptocurrency exchange BTCC has announced its platinum sponsorship of TOKEN2049 Singapore, where it will introduce its new '0-barrier trading' theme aimed at making futures trading more accessible.
The price of Bitcoin fell after reports that the U.S. SEC is delaying a key measure for tokenized securities, offsetting optimism from recent inflation data that suggested a pause in Fed rate hikes.
MyEtherWallet has integrated Ondo Perps, enabling eligible users to trade perpetual futures on traditional assets like U.S. stocks and ETFs with up to 20x leverage on a 24/7, self-custodial basis.
Onchain payroll provider Zebec Network is integrating Solstice Finance's USX stablecoin, allowing corporate clients to earn yield on pre-funded payroll balances.
