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Congress blocks introduction of any CBDC in the next 4 years – but the fight over digital money is just starting

Congress just blocked the Federal Reserve from issuing a CBDC, and the companies benefiting most are private stablecoin issuers like Circle and Tether. The 21st Century ROAD to Housing Act passed the Senate 85-5 on June 22 and cleared the House 358-32 the next day, and folded inside that housing package is a four-year ban […]

CryptoSlateCryptoSlateAndjela Radmilac28 Jun

Cathie Wood’s ARK Invest Buys the Dip on Coinbase, Circle, Bullish, and Robinhood as Crypto Stocks Slide

Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness. Buying Into a Broad Crypto-Equity Selloff ARK added 35,023 shares of Robinhood (Nasdaq: HOOD), worth […]

Bitcoin.com NewsBitcoin.com NewsShiraz Jagati26 Jun