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Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Senate Rejects Second Stimulus, Markets Plunge and Bitcoin Price Predicted to Crash to $8,000 in September

Our analysis predicts that the Bitcoin price could crash down to $8,000 following the rejection of the United States' second stimulus by Senate Democrats.

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election

Twitter and Facebook Grilled in Senate Hearing Over Social Media Censorship of US Presidential Election

Facebook and Twitter are facing heat from US Congress for how they handled political misinformation circulating on the social media platforms.

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of Congress Start Blockchain Education with $50 Dollar Bitcoin Donation

Members of the United States Congress will receive a $50 campaign contribution in Bitcoin today to educate lawmakers on the potential of blockchain technology.

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

Federal Reserve Has Been Advancing CBDC Research with US Regional Banks’ Contributions

The Federal Reserve's research and development on a central bank digital currency issuance has been complemented by several regional Federal banks' efforts.

What are the 7 Key Takeaways from Facebook's Libra Hearings?

What are the 7 Key Takeaways from Facebook's Libra Hearings?

The debate on Facebook's Libra continues with the hearing with Senate Banking Committee on 16 July and the United States House Committee of Financial Services on 17 July. Here are the 7 key takeaways from the two hearings.

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

US Congress Considers Using Blockchain for Remote Voting While the White House Urged to Stay Competitive with China

The US Congress is considering using blockchain technology to enable the Senate to conduct remote voting during the ongoing COVID-19 pandemic. The report highlighted that the crisis emphasized the need to consider certain functions to proceed remotely when it may not be safe for members to gather in person. The report explored a combination of different technologies to be used, including blockchain and encrypted E2EE.

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin Price Drops Below $9K as Stock Markets Erase Gains Amid Incoming Second Wave of COVID-19 Cases

Bitcoin price is currently hitting its lowest levels in around 3 weeks, as stocks are rumored to anticipate an incoming crash. Bitcoin (BTC) dipped below the $9,000 on June 15 and continued to hover above $9,000 shortly after.

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.

OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins

OCC Head Brian Brooks Testifies Before Senate On Cryptocurrency and Stablecoins

The OCC Boss, Brian Brooks has testified before the US Senate Banking Committee about the growing use of cryptocurrencies and stablecoins in the country

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

EARN IT Act Introduced in US House of Representatives, Critics View It as Threat—What This Means for Crypto

Despite being perceived as an “anti-security bill” by many, the EARN IT Act has made its way to the US House of Representatives and currently awaits approval.

Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package

Bitcoin Back Above $50,000 As Senate Passes Biden's $1.9 Trillion Stimulus Package

Bitcoin price is gradually growing after the US Congress passed the $1.9 Trillion stimulus package. BTC may see new price growths afterwards.

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