Brazilian Bank Launches Dollar-Backed Stablecoin to Expand Investment Opportunities for Customershttps://www.fameex.com/en-US/news/crypto-trending-news-2023041101BTG Pactual, the investment banking company, has launched a stablecoin backed by the US dollar to expand its digital currency services. Th

Three crypto advocacy groups, the Texas Blockchain Council, Chamber of Digital Commerce, and Satoshi Action Fund, have launched a campaign against Texas Senate Bill 1751, which proposes to remove several incentives for crypto miners operating in the state. The groups are urging Texas residents to co

Brazilian investment bank BTG Pactual has launched a dollar-backed stablecoin named BTG Dol on its proprietary blockchain platform, Mynt. The move makes BTG Pactual the first financial institution to issue a stablecoin backed by the US dollar. According to Andre Portilho, the head of digital assets

1. Market TrendBetween April 6 and April 9, the BTC price fluctuated between $27,711 and $28,308, with a volatility of 2.15%. According to the 1-hour candle chart, the BTC price has been mostly below the weekly chart, crossing the daily chart multiple times and running weakly with a further narrowin

Investment Manager Warns US Dollar Could Depreciate Significantly in Next Five Yearshttps://www.fameex.com/en-US/news/crypto-trending-news-2023041003Investment manager Larry Lepard predicts that the US dollar could lose most of its value within the next 5-10 years. He blames the US for seizing $600

Investment manager Larry Lepard has sounded the alarm that the U.S. dollar is at risk of losing most of its value within the next five to ten years. In an interview with Kitco News, Lepard warned that the dollar will either be restructured or will have lost most of its value within a decade. He note

According to a court document, FTX and its businesses' assets and obligations were managed via apps like Slack and Excel spreadsheets.Source: arstechnica.comFTX CEO John Ray III claims that the multi-billion dollar enterprise was managed by three inexperienced individuals who were "just out of colle

Allianz Warns US Economy in Danger of a Crash Landinghttps://www.fameex.com/en-US/news/crypto-trending-news-2023041001Allianz, one of the largest insurance companies worldwide, has warned that the US economy is at risk of a crash landing, with the economic momentum expected to deteriorate due to tig

Allianz, one of the world's largest insurers with over 122 million customers and 159,000 employees, has published a report warning that the US economy is "headed towards a crash landing." The analysts noted that the US economy "picked up pace in early 2023," but warned that the revival would be shor

The Prosecutor General's Office of the Russian Federation is proposing that investigative bodies be permitted to establish and manage cryptocurrency accounts and wallets to hold seized digital assets that can be sold later for the benefit of the state. In a roundtable discussion, Madina Dolgieva, a