The Chinese digital yuan pilot’s spread to Hong Kong may be playing a part in driving up cross-border payments, media outlets have suggested.Per China Fund News, via the Securities Times, certain types of “cross-border payments” between Mainland China and Hong Kong, as well as the mainland and Macau, have “increased…

With cryptocurrency prices experiencing a downturn and the S&P Global US manufacturing PMI slipping to 47 in August from 49 in July, a surprising supporter for Bitcoin has come forward—U.S. presidential candidate Robert F. Kennedy Jr.Kennedy, who has been an advocate for civil liberties, used his digital platform today to…

Marathon Digital CEO Fred Thiel remains positive over the potential approval of a spot Bitcoin (BTC) Exchange Traded Fund (ETF) in the United States by the Securities and Exchange Commission (SEC). The SEC has not yet approved a spot Bitcoin ETF as it continues to cite market manipulation concerns although recent…

Blue chip cryptocurrency prices are on the front foot on Wednesday as US yields and the US dollar fall and US equity prices rise on a raft of weaker-than-expected US survey data.Bitcoin (BTC) recovered to trade in the $26,300s and Ether (ETH) to the upper $1,600s, both up in the…

The US Federal Bureau of Investigations (FBI) alerted crypto firms on Tuesday, that North Korean hackers may soon attempt to cash out stolen Bitcoin worth over $40 million.The infamous hacker groups from the Democratic People’s Republic of Korea (DPRK) – Lazarus and APT38 – have moved close to 1,580 Bitcoin…

Layer-1 blockchain project Near Protocol (NEAR) has jumped up +8% so far this week, amid an emerging bounce that could see NEAR reclaim position atop the 20DMA.This comes following almost four-months of bleak downside price action for NEAR, which has bled-out half its value (-50%) since April 19. But while price…

Crypto policy think tank Coin Center has sent a formal letter to Senate Finance Committee Chairman Ron Wyden and Finance Committee Ranking Member Mike Crapo, advocating for clear and reasonable tax policies for digital assets.“Governments should state clearly and in detail how cryptocurrency transactions will be taxed as this may…

The Reserve Bank of Australia (RBA), the country’s de-facto central bank, released the findings of its central bank digital currency (CBDC) pilot project which has the potential “to support increased efficiency and resilience in some areas of the payments system”.Per a report released on Wednesday, the central bank warned that…

Twitter-themed DEX tokens seem to be making a resurgence, after BabyX token blasted-up +37,000% in a spectacular moon-shot rally that has gripped the attention of DEX traders.BabyX is aptly named in testament to Elon Musk’s now infamous rebrand of Twitter to X.In the aftermath of the sudden website rebrand, a…

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.The crypto landscape continues to intrigue, with XRP (XRP) on a downward spiral amid an ongoing battle with the SEC and THORChain (RUNE) witnessing an explosive surge. At the same time, Everlodge sets the presale space ablaze…