crypto
Fed Governor Calls for Regulatory Framework Allowing Banks and Institutions To Issue Stablecoins
Published
1 month agoon
By
admin
A member of The Board of Governors of the U.S. Federal Reserve is calling for laws that would allow banks and institutions to issue dollar-pegged digital assets.
In a speech given by Christopher J. Waller at a recent conference in San Francisco, the Fed governor argues for a regulatory framework that would allow blue-chip financial institutions to issue regulated stablecoins.
According to Waller, stablecoins could be extremely beneficial to the financial system because they have numerous use cases such as broadening access to US dollars, easy cross-border payments and retail payments.
“The first theme I will explore is one that I have discussed in the past – the safety and soundness of stablecoins and the need for a clear regulatory regime for stablecoins in the United States…
This framework should allow both non-banks and banks to issue regulated stablecoins and should consider the effects of regulation on the payments landscape, including competing payment instruments.”
However, Waller says there are potential risks associated with stablecoins, including the possibility that they could become de-pegged from the fiat currency they are linked to.
“Stablecoins are forms of private money and, like any form of private money, are subject to run risk, and we have seen ‘de-pegs’ of some stablecoins in recent years. Additionally, all payment systems face the risk of failure, and stablecoins are subject to clearing, settlement, and other payment system risks as well.”
Earlier this month, Republican Senator Bill Hagerty of Tennessee proposed the GENIUS Act, a bill to regulate and define stablecoins as well as establish licensing and reserve requirements for issuers.
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix
 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Larich/Sensvector
Source link
You may like
Nasdaq Files To Launch a New Grayscale Avalanche (AVAX) Exchange-Traded Fund
How To Measure The Success Of A Bitcoin Treasury Company
Why ‘Tiger King’ Joe Exotic Launched a Solana Meme Coin From Behind Bars
Trump pardons BitMEX, is ‘Bitcoin Jesus’ Roger Ver next?
Terraform Labs to Open Claims Portal for Investors on March 31
BitGo CEO Calls For Regulation Amid Galaxy Digital’s Settlement

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.
Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.
So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.
Source link
Altcoin
Dogecoin could rally in double digits on three conditions
Published
2 days agoon
March 28, 2025By
admin
Dogecoin rallied nearly 10% this week, resilient in the face of the U.S. President Donald Trump’s tariff war and macroeconomic developments. Most altcoins have suffered the negative impact of Trump’s announcements, DOGE continues to gain, back above $0.2058 for the first time in nearly two weeks.
Dogecoin rallies in double-digits, what to expect from DOGE price?
Dogecoin (DOGE) hit a near two-week peak at $0.20585 on Wednesday, March 26. In the past seven days, DOGE rallied nearly 10%, even as altcoins struggled with recovery in the ongoing macroeconomic developments in the U.S.
The largest meme coin in the crypto market could continue its climb, extending gains by nearly 11%, and testing resistance at the lower boundary of the imbalance zone between $0.24040 and $0.21465.
The upper boundary of the zone at $0.24040 is the next key resistance for DOGE, nearly 24% above the current price.
Two key momentum indicators, the RSI and MACD support a bullish thesis for Dogecoin. RSI is 52, above the neutral level. MACD flashes green histogram bars above the neutral line, meaning there is an underlying positive momentum in Dogecoin price trend.

Dogecoin on-chain analysis
On-chain analysis of the largest meme coin shows that the number of holders of DOGE is on the rise. If Dogecoin’s number of holders keep climbing or steady in the coming week, the meme coin could remain relevant among traders.
The network realized profit/loss metric shows that DOGE holders have realized profits on a small scale. Typically, large scale profit-taking increases selling pressure on the meme coin and could negatively impact price.
The metric supports a bullish thesis for DOGE in the coming week. Dogecoin’s active address count has been steady since mid-March, another sign of the meme coin’s resilience.

DOGE derivatives analysis and price forecast
The analysis of Dogecoin derivatives positions across exchanges shows that open interest is recovering from its March 12 low. Open Interest is $1.98 billion, as Dogecoin trades at $0.19. Coinglass data shows a steady climb in OI in the chart below.

The total liquidations data shows $4.29 million in long positions were liquidated on March 27. Sidelined buyers need to watch liquidations data and prices closely before adding to their derivatives position.
The long/short ratio on top exchanges, Binance and OKX exceeds 1, meaning derivatives traders are betting on an increase in DOGE price.

When technical analysis and derivatives data is combined, it is likely Dogecoin price could test resistance at $0.21465 next week, if spot prices follow the cue of derivatives traders.
What to expect from DOGE
Dogecoin wallets holding between 1 million and 10 million DOGE tokens added to their portfolio consistently between March 10 and 27, while the other two categories, holding between 10 million and 100 million DOGE and 100 million and 1 billion DOGE tokens held nearly steady in the same timeframe.
The data from Santiment shows that DOGE’s traders holding between 1 million and 10 million tokens are rapidly accumulating, even as the token’s price rises. This supports demand for DOGE and a bullish thesis for the meme coin.

Dogecoin ETF and DOGE catalysts
DOGE holders are closely watching developments in Bitwise’s Dogecoin ETF filing with the SEC. The ETF filing is an effort to legitimize the meme coin as an investment category for institutional investors, as DOGE price holds steady among altcoins rapidly eroding in value.
Bitcoin flashcrashes dragged Dogecoin down with it, to a small extent, however the meme token recovered each time and consistent gains could signal an end to DOGE’s multi-month downward trend.
Other key catalysts for Dogecoin are positive updates in crypto regulation, passage of the stablecoin bill in the Congress, and demand for DOGE among whales and large wallet investors.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Source link
crypto
New SEC Chair Paul Atkins Holds $6,000,000 in Crypto-Related Investments – Here’s His Portfolio: Report
Published
3 days agoon
March 26, 2025By
admin
The new Chair of the U.S. Securities and Exchange Commission (SEC) reportedly has a crypto portfolio worth millions of dollars.
According to a new report from Fortune, an ethics disclosure reveals that Paul Atkins – President Donald Trump’s nominee to be the next SEC Chair – holds about $6 million in crypto-related investments, including $1 million worth of equity in two crypto firms and $5 million in crypto investment funds.
Atkins, who previously served as the SEC’s Chair between 2002 and 2008 under then-President George W. Bush, held a board seat on Securitize – a tokenization firm backed by asset management giant BlackRock – and owned between $250,000 and $500,000 worth of call options in the company, according to the report.
He also held between $250,000 and $500,000 in equity in crypto bank Anchorage Digital and between $1 million and $5 million worth of staked crypto on Off the Chain Capital, an investment fund of which he is a limited partner.
In the ethics agreement, Atkins agreed to divest his holdings after his confirmation, which is slated for Thursday.
According to Bloomberg, Atkins and his spouse have a net worth of at least $327 million.
Under the helm of its previous Chair, Gary Gensler, the SEC waged war on the digital assets industry by accusing several high-profile crypto firms, including Ripple Labs, Binance, Coinbase, and Consensys, of violating securities laws. Gensler also deemed many crypto assets, including smart contract platforms Ethereum (ETH) and Solana (SOL), as securities that fell under the agency’s regulatory jurisdiction.
Follow us on X, Facebook and Telegram
Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Generated Image: Midjourney
Source link

Nasdaq Files To Launch a New Grayscale Avalanche (AVAX) Exchange-Traded Fund

How To Measure The Success Of A Bitcoin Treasury Company

Why ‘Tiger King’ Joe Exotic Launched a Solana Meme Coin From Behind Bars

Trump pardons BitMEX, is ‘Bitcoin Jesus’ Roger Ver next?

Terraform Labs to Open Claims Portal for Investors on March 31

BitGo CEO Calls For Regulation Amid Galaxy Digital’s Settlement

Ethereum Bulls Disappointed As Recovery Attempt Fails At $2,160 Resistance

US recession 40% likely in 2025, what it means for crypto — Analyst

Crypto Investment Firm Galaxy Digital Settles With New York AG for $200,000,000 Over Luna Allegations

Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119)

This Week in Bitcoin: GameStop Reveals Reserve, But Inflation Fears Rear Their Head

Solana price prepares a wild ride as risks rise

FTX to Begin $11.4B Creditor Payouts in May After Years-Long Bankruptcy Battle

Here’s Why Crypto Market Is Bleeding Today

Support Or Resistance? Chainlink (LINK) Investor Data Suggests Key Price Zones

Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025

Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist

Aptos Leverages Chainlink To Enhance Scalability and Data Access

Bitcoin Could Rally to $80,000 on the Eve of US Elections

Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje

Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals

Crypto’s Big Trump Gamble Is Risky

Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x

Has The Bitcoin Price Already Peaked?

A16z-backed Espresso announces mainnet launch of core product

Xmas Altcoin Rally Insights by BNM Agent I

Blockchain groups challenge new broker reporting rule

The Future of Bitcoin: Scaling, Institutional Adoption, and Strategic Reserves with Rich Rines

Trump’s Coin Is About As Revolutionary As OneCoin

Is $200,000 a Realistic Bitcoin Price Target for This Cycle?
Trending
- 24/7 Cryptocurrency News5 months ago
Arthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025
- Bitcoin2 months ago
Expert Sees Bitcoin Dipping To $50K While Bullish Signs Persist
- 24/7 Cryptocurrency News3 months ago
Aptos Leverages Chainlink To Enhance Scalability and Data Access
- Bitcoin5 months ago
Bitcoin Could Rally to $80,000 on the Eve of US Elections
- Altcoins2 months ago
Sonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje
- Bitcoin5 months ago
Institutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals
- Opinion5 months ago
Crypto’s Big Trump Gamble Is Risky
- Price analysis5 months ago
Ripple-SEC Case Ends, But These 3 Rivals Could Jump 500x