Crypto News

Gold and Silver vs. Biden’s ‘Inflation Nightmare’: Florida’s CFO Reveals Bold Plan to Counter CBDC Threats

Florida’s Chief Financial Officer (CFO) Jimmy Patronis has announced an ambitious initiative to assess the viability of using gold and silver bullion as legal tender in the Sunshine State. Florida’s Golden Shield: Fighting Inflation and CBDCs With Precious Metals According to the state’s CFO, Jimmy Patronis, the study, led by the Florida Department of FinancialSource link

Coinbase Europe Delists USDT, Other Stablecoins Citing EU Compliance

Coinbase pointed out that USD Coin (USDC) and EUR Coin (EURC) are MiCA-compliant and will continue to be supported.Source link

Glassnode Report Reveals $131 Trillion Bitcoin Transfer Volume and Institutional Expansion

Bitcoin has reached a historic $100,000 milestone, Glassnode reports, marking a pivotal moment in its evolution with over $131 trillion in transaction volume, a $2 trillion market cap, and increasing institutional adoption. Bitcoin’s $131 Trillion Journey According to Glassnode’s latest onchain report, bitcoin (BTC) has crossed a monumental threshold, reaching $100,000 per coin on Dec.Source link

Decrypt’s 2024 Person of the Year: Polymarket CEO Shayne Coplan

His platform predicted changes at the top of the Democratic ticket and turned the 2024 race into a betting frenzy for degens and beyond.Source link

CoinDesk 20 Performance Update: RENDER Falls 2.6% as Index Trades Lower From Thursday

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3837.79, down 0.0% (-1.86) since 4 pm ET on Thursday.Nine of 20 assets are trading higher.Leaders: HBAR (+5.5%) and APT (+3.7%).Laggards: RENDER (-2.6%) and SOL (-2.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.Source link