With Fed Backing US Stablecoins, Can Best Wallet Presale Ride the Crypto Hype?
Christopher Waller confirmed the Federal Reserve Bank (Fed) is on board with rolling out stablecoin regulations because it would strengthen the dollar’s reserve currency status. This comment comes right after Senators Hagerty and Lummis introduced the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) of 2025. President Trump’s crypto czar David Sacks has […]
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Investing in crypto presale projects can be an excellent strategy to get in early on the next big cryptocurrency. Throughout this guide, we’ll be taking a look at 5 of the top presale crypto tokens and explaining how to buy our number one pick. Let’s get started. Top Crypto Presale Tokens – Our Picks We’ve […]
Everything’s looking bright and rosy for the crypto’s future with good news from the Fed and New York. The Fed’s governor talked about the potential of stablecoins in retail. But he added it might take some work to increase its adoption. New York could also relax its crypto regulations if its senator’s proposed bill passes. This could put the state in a much more competitive position against other financial centers like London, Shanghai, Tokyo, and New York. Of course, scammers are also lurking in the background to spoil the fun for everyone as crypto scams are on the....
An attempt to capitalize on the ongoing hype around Dogecoin has backfired for the crypto wallet app Freewallet after it was called out online in a tweet from Elon Musk. Musk Proclaims ‘Your app sucks,’ In Blunt Tweet Directed at Freewallet Freewallet, riding on the Elon-Doge rocket of publicity, released a tweet telling people to buy and exchange Dogecoin in its crypto wallet app with a tag of the man himself. Tagging Elon Musk comes with its own risk, as apparent from the blunt reply: Your app sucks — Elon Musk (@elonmusk) February 10, 2021 An hour later, Musk decided....
Paxos, a regulated blockchain company, recently presented the basket of resources that back its stablecoins. Paxos Standard (PAX) and Binance USD (BUSD) are reportedly backed almost 100% by cash and cash equivalents. Dan Burstein, CCO of Paxos, harshly criticized Tether and Circle, issuers of other stablecoins, stating their products we’re not really stablecoins. Paxos Reveals Stablecoin Backing Basket Paxos, a blockchain-regulated company, revealed the basket of assets backing their issued stablecoin on Wednesday. The company, which issues Paxos Standard and Binance USD, two....
PRESS RELEASE. New York, 09/27/22: US-based Posh Markets Inc has announced the presale of PoshCoin, the all-new cannabis cryptocurrency, on September 28, 2022. With this presale, the company aims to offer end users – cannabis fans an opportunity to gain insights into PoshCoin before unveiling it to the general public. The much-awaited presale of PoshCoin will happen on PinkSale, a dedicated launchpad for crypto tokens. Posh Markets Inc has fixed the value of PoshCoin at 0.0087 USD exclusively for this presale round. “Our objective is to assist cannabis enthusiasts in taking....