Crypto News
Injective (INJ)Unveils Enhanced Blockchain Explorer, InjScan
Injective (INJ)introduces InjScan, a revamped blockchain explorer enhancing user experience with new features like advanced smart contract tools and improved data visualization. (Read More)Source link
U.S. Senate’s Effort on Stablecoins Revealed in New Bill from Hagerty
The opening shot is being been fired in the new Congress' crypto push with a plan for a Tuesday introduction of a stablecoin oversight bill from Senator Bill Hagerty. The legislation would set up a U.S. regulatory framework for issuing the dollar-denominated tokens, according to a person familiar with the effort.The Tennessee Republican, who had shepherded a stablecoin effort in the previous session, is now pushing a bill with the backing of the Senate Banking Committee's new chairman, Tim Scott, and the head of its digital assets subcommittee, Cynthia Lummis. That's a big difference from the 2024 effort that couldn't break through the crypto roadblock maintained by previous committee chief Sherrod Brown, the Ohio Democrat who was defeated in November's...
Injective (INJ)Hub V2 Launches with Enhanced Features for Users
Injective (INJ)Hub V2 introduces a revamped design and improved user experience, offering seamless access to the Injective ecosystem. Discover new features including enhanced onboarding and streamlined navigation. (Read More)Source link
Senator Hagerty Introduces GENIUS Act to Regulate Stablecoins
Republican Senator Bill Hagerty introduced the Guiding and Establishing National Innovation in U.S. Stablecoins (GENIUS) Act on Tuesday, a bill aimed at creating a regulatory framework for stablecoins in the United States. The legislation is part of a broader push among lawmakers to establish clear guidelines for digital assets as the market continues to expand.Source link
Ether Worth Nearly $1B Left Exchanges Monday as Trade War Fears Sent Prices Crashing
Ether, the second-largest cryptocurrency by market value, crashed hard Monday as prospects of a U.S.-led trade war weighed on risk assets. Data shows investors likely bought the dip, snapping up coins at lower prices.According to analytics firm IntoTheBlock, ether worth almost $1 billion left centralized exchanges Monday, the highest single-day net outflow since January 2024. "This indicates traders took advantage of the drop to accumulate ETH," IntoTheBlock said in a Telegram broadcast.Ether's price crashed as low as nearly $2,000 on some exchanges as market liquidity deteriorated and dealers scrambled to offload futures. While prices have recovered to $2,800, sentiment remains bearish, with data from UltraSound.Money, pointing to an unwinding of the Merge's deflationary effect on ETH.Ether ETFs See Record VolumeEther...