Author: RedWave Media

Bitcoin has seen a decline in trading volume in both the spot and futures markets over the past five days. The decline follows a sharp drop in Bitcoin prices a week after extreme volatility, which could be driven by a combination of disappointing political developments, macroeconomic tensions and weekend trading patterns. CheckonChain's data shows a complete contrast in the magnitude of the volume decline between the spot market and the futures market. Spot trading volume, which represents the direct buying and selling of Bitcoin on centralized exchanges, fell by more than 26%, down from $12.07 billion on March 6 to…

Marcus Chung/Istock/Getty Images Plus According to a news report, the Department of Justice (DOJ) is investigating accusations that large producers conspired to raise and keep egg prices high.The news was broken on Friday when the Wall Street Journal reported that “anti-trust enforcers are investigating whether large producers are engaged in anti-competitive behavior.”The DOJ sent letters to several egg companies and asked them to store documents about pricing conversations with customers and competitors. Authorities also asked the egg companies to store communications with expana that tracks egg companies and egg price information, the WSJ reported.Eggs have more than tripled in price…

There's more to SEC's recent Memecoin guidance than eye-catching. On February 27, staff in the SEC's corporate finance division issued memocoin, which is described as a digital asset, “inspired by internet memes, characters, current events, or promoters' tendencies to attract enthusiastic online communities.”This coincides with the SEC's shift from efforts under previous Chair Gary Gensler and its claim to regulatory power over the digital assets industry in virtually, and could impact an industry that goes far beyond Memocoin.The SEC's attempts to regulate digital assets during the Biden administration relied largely on the Supreme Court's so-called “howie tests” to determine whether…

Coinbase launches 24/7 Bitcoin and Ethereum futures products with CFTC controlled futures exchange Coinbase derivatives. The exchange also plans a permanent style futures contract. Coinbase aims to capitalize on the growing demand for crypto trading with its 24-hour future offering for Bitcoin (BTC) and Ethereum (ETH). Exchange, the largest regulated US provider, offers BTC and ETH futures trading to its US customers through its CFTC-regulated platform Coinbase Derivatives Exchange. In an announcement on March 10th, Coinbase said that the top two digital assets by market capitalization and the 24/7 trading will unfold in the coming weeks. “Today, the US futures…

The Texas Senate passed the Bitcoin Strategic Reserve Bill SB-21 on March 6th. This follows a debate that Sen. Charles Schwartner, who introduced the bill, argued that it would help Texas add valuable and rare assets to its balance sheet. Amid fears that Bitcoin (BTC) will fight the US dollar as a global reserve currency, ProBitcoin lawmakers argued that Bitcoin is similar to a hedge against gold and inflation. If SB-21 is in place, Texas will be the first state in the United States to have a digital asset reserve. But the governor still has to sign the bill before…

After deleting the channel for almost two years, YouTube has changed its policy sufficiently so that we can continue. Since then, I have created a home for Rumble.com content, but I will also resume my efforts on YouTube.Find all the content at https://thenewamerican.com/video/Check out our YouTube channel at https://www.youtube.com/@thenewamericanvideoSubscribe to our print magazines at https://thenewamerican.com/subscribe/Check out social media and more! https://linktr.ee/newamericanmag85

AP imagesMarco Rubio The US Agency for International Development (USAID) is once again at the heart of the debate. The agency refuses to disclose an organization that received $27 million in taxpayer-funded grants due to Gaza's so-called “multi-sector response.”According to the conservative Watchdog Group Judicial Watch, the Trump administration's State Department led by Marco Rubio protects USAID's secrets. This raises serious concerns about whether funds have been diverted to terrorist-related groups.Walking through the truthDespite repeated demands for transparency, USAID remains denied disclosure of anyone who received exactly $27 million in Gaza taxpayer-funded grants. Judicial Watch attempted to force agency hands…

The strategy is the world's largest corporate holder for fresh purchases of Bitcoin with new capital, boosting the total BTC holdings of companies over 500,000 BTC. Michael Saylor recently attended the White House Crypto Summit. The previous micro-tactics have announced plans to raise additional capital for general business operations, including purchasing more Bitcoin (BTC). In an announcement on March 10th, the strategy said it plans to issue and sell up to $21 billion in shares in the market. This offer is for the 8.00% Series A Perpetual Preferred Stock (STRK) and revenue is expected to fund the company's general corporate…

Mark Carney emerged as Canada's new prime minister, replacing Justin Trudeau after a decisive victory in the Liberal Party leadership race.The announcement, made on March 9, saw Carney rise in power with an overwhelming 85.9% vote, defeating his closest rival, former finance minister Christia Freeland.Carney's appointment follows Trudeau's resignation in January, when he took office for nearly 10 years. The former prime minister faced pressure from within the party due to a decline in public support, which has been driven by rising costs of living.A highly experienced global finance person, Carney previously served as governor of both the Bank of…

Spanish financial giant Banco Bilbao Vizkaya Argentalia (BBVA) has received approval from the country's financial regulator to provide its clients with Bitcoin (BTC) and Ether (ETH) transactions, according to a Reuters report. This approval is because the cryptographic (MICA)-regulated market is fully effective across the European Union. This approval for the BBVA presents the conclusion of a multi-year process to allow Spanish lenders to be exposed to digital assets.In 2020, Coindesk reported that BBVA plans to dip the toes into the sector as it has withheld regulatory approval as MICA is not in place yet. The BBVA initially planned to…