Robinhood’s recent accumulation of $4.24 billion in Bitcoin holdings has the potential to reshape the cryptocurrency landscape. The platform’s ownership of a significant amount of BTC introduces a new dynamic, as Robinhood is traditionally known for its focus on equities and options trading. This development highlights the growing influence of retail investors and challenges the dominance of crypto-native exchanges. The implications of Robinhood’s involvement in the crypto market could hav…

A former employee of Worldcoin, who goes by the name Nadir Hajarabi, has come forward with allegations of questionable and potentially illegal activities within the company. Hajarabi claims to have witnessed these actions before quitting the project just before its token launch. The Worldcoin project, which aimed to use retinal scans for identity verification, faced criticism and scrutiny for its data collection methods and privacy concerns. Authorities in different jurisdictions are repor…

Banco de España deputy governor Margarita Delgado spoke about the introduction of the digital euro, emphasizing its potential to overcome challenges such as cross-border payment barriers and the general lack of payment service providers (PSPs) in Europe. She believes that the digital euro can coexist with private payment solutions, enabling the development of new pan-European payment and financial services by the private sector. However, financial security must be ensured before its launch…

Bitcoin and altcoins are experiencing a decline in value following comments from the Federal Reserve suggesting that interest rate hikes could continue into 2024. Federal Reserve Chair Jerome Powell’s recent speech emphasized the need to address high inflation rates, indicating the likelihood of prolonged higher interest rates. Although United States equities markets have recovered from intraday lows, uncertainty remains about the future direction of the markets.