Price analysis 8/19: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed company. Addressing lawmakers at an April 2 hearing, Waters said Trump had

Salvadoran minister Alejandro Zelaya brushed off the media criticism of the nation’s investments in Bitcoin. 563 Total views 5 Total shares Alejandro Zelaya, the minister of finance of El Salvador, reacted to the recent media attacks on the nation’s strategy of investing in Bitcoin (BTC) by calling the allegations of fiscal risks “extremely superficial.”During a…

“What I preach for is regulation that protects and prevents but does not cripple and destroy [innovation],” the senior adviser told Cointelegraph.

More conservative estimates, from the likes of the Boston Consulting Group, predict that the crypto industry will reach its first billion users by 2030.

Tether is also looking to become more transparent, having hired a new accounting firm to conduct regular audit and attestation reports to ensure its stablecoin is properly backed by the USD. 307 Total views 14 Total shares Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth…

PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin. 404 Total views 15 Total shares Global payment giant PayPal continues expanding its digital asset services, integrating new methods to sell cryptocurrencies like Bitcoin (BTC).PayPal on Sept. 11 officially introduced new on and off ramps for Web3 payments, allowing users

Bitcoin price is poised to hit $110,000 before retesting the $76,500 range, according to Arthur Hayes, pointing to easing inflationary concerns and more favorable monetary policy conditions in the US that are set to bolster risk assets, including the world’s first cryptocurrency. Still, the decentralized finance (DeFi) industry took another hit after an unknown whale

Galaxy launched a $113 million crypto fund on the week of the debut of the first spot Ether ETFs in the US. Nansen has also launched the industry’s first Ether ETF analytics dashboard.