24/7 Blockchain industry dynamics and breaking crypto news
The White House confirms ongoing and productive talks with Iran, leading to a pause in planned strikes. However, it warns of stronger actions if Tehran remains uncooperative. Details remain confidential, dismissing speculative media reports.
Read MoreFederal Reserve Governor Michelle Bowman noted a persistent weakening trend in the U.S. labor market, indicating continued need for monetary policy support. She emphasized that oil price fluctuations will not significantly impact near-term inflation expectations.
Read MoreSocial platform X has named crypto industry veteran Benji Taylor as its design lead, coinciding with the planned April launch of its X Money payment service. Taylor brings experience from Aave Labs and Coinbase's Base network.
Read MoreA Federal Reserve governor voiced strong optimism about stablecoins, stating they will channel more capital into the dollar ecosystem. This reflects regulatory openness to digital currency integration with traditional finance.
Read MoreFederal Reserve Governor Milan stated that achieving a neutral interest rate this year is appropriate for the U.S., given inflation data. He also revised his expectations for future rate cuts, offering crucial insight into the monetary policy outlook.
Read MoreSolana Foundation positions its network as core infrastructure for an 'agentic internet' driven by AI. Highlighting its high-performance payment rails for machine-to-machine commerce, it sees stablecoins as the default for computational payments, predicting most future transactions will be LLM-initiated.
Read MoreThe US House Financial Services Committee held a hearing on the tokenization of securities, recognizing its inevitability. The SEC is considering an innovation exemption and regulatory sandbox for on-chain assets, aiming to foster innovation while addressing concerns over market fairness.
Read MoreBitGo and ZKsync have partnered to develop a tokenized deposit infrastructure for banks. The solution integrates BitGo's custody with ZKsync's compliant blockchain, enabling secure issuance and settlement of on-chain deposits within regulatory frameworks, streamlining bank adoption of blockchain technology.
Read MoreMizuho Securities maintains an 'Outperform' rating and $666 target for Mastercard, viewing stablecoins as an 'accelerator' for its core business. Its recent fintech acquisition aims to build key infrastructure for fiat-to-digital asset conversion and cross-chain services, positioning it as a central bridge between traditional and digital finance.
Read MoreThe Federal Reserve has taken a new legal step in a battle over a Justice Department subpoena related to its headquarters renovation. A judge previously quashed the subpoena for insufficient evidence. A federal prosecutor has requested reconsideration. A pending ruling will determine if the investigation proceeds.
Read MoreIran's Foreign Minister stated that a ceasefire without concrete guarantees will only lead to repeated cycles of war. Iran demands opposing parties meet its conditions to end the conflict permanently, including ensuring non-recurrence and compensating for damages suffered by the Iranian people.
Read MoreThe US Dollar Index rose 0.18% in the latest trading session, closing at 99.614. This gain signals renewed market confidence in the dollar, potentially driven by economic indicators and policy outlooks. Analysts are watching for broader forex implications.
Read MoreOn March 25, a senior Iranian military spokesman declared a fundamental shift in the strategic landscape of the Strait of Hormuz. Iran asserted control over future developments, stating hostile forces' operational space is now fully restricted. Tehran reaffirmed new transit rules, claiming sole authority to grant passage permissions.
Read MoreIranian Foreign Minister Araghchi stated that the U.S. has conveyed proposals to end the conflict through friendly nations, which Iran is reviewing. He clarified that this indirect 'exchange of information' via mediators does not constitute formal negotiations with the United States.
Read MoreOn March 26th, U.S. stock markets experienced a broad rally with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all closing higher, reflecting renewed investor confidence and positive market sentiment.
Read More