After a period of intense scrutiny of the cryptocurrency industry, many speculated that the Biden administration had reversed its stance by allowing the U.S. Securities and Exchange Commission (SEC) to approve several spot ethereum exchange-traded funds (ETFs). However, President Joe Biden has vetoed the latest resolution intended to quash the SEC’s crypto asset rules in […] Source: https://news.bitcoin.com/crypto-voter-backlash-how-bidens-veto-may-have-cost-him-the-2024-election/
Month: June 2024
Banking Associations Support Resolution to Overturn SEC’s Controversial Crypto Rules
The American Bankers Association, Bank Policy Institute, Financial Services Forum, and Securities Industry and Financial Markets Association sent a letter to President Joe Biden on May 31, urging him to sign the resolution passed by Congress to overturn the SEC’s Staff Accounting Bulletin 121 (SAB 121). The letter outlines that SAB 121, issued without regulatory […] Source: https://news.bitcoin.com/banking-associations-support-resolution-to-overturn-secs-controversial-crypto-rules/
Inside the Crypto Fortunes of Justin Sun, Vitalik Buterin, and Other Influencers
According to analytics, several prominent crypto influencers hold substantial amounts of money onchain. For example, Tron founder Justin Sun has more than $1 billion in crypto assets. Ethereum co-founder Vitalik Buterin’s associated addresses indicate holdings of $935.25 million in digital currencies. Alongside crypto influencers, celebrities also possess a substantial amount of digital assets onchain. Tracking […] Source: https://news.bitcoin.com/inside-the-crypto-fortunes-of-justin-sun-vitalik-buterin-and-other-influencers/
BNB, AR, XMR, and TIA set to rally — Will Bitcoin's $70K breakout be the trigger?
Bitcoin price action could remain sideways for longer, but BNB, AR, XMR, and TIA may see some short-term gains. Source: https://cointelegraph.com/news/bnb-ar-xmr-tia-rally-bitcoin-breakout-trigger
What Is Hamster Kombat? The Telegram Crypto Game and Airdrop
Are hamsters fighting now? Not exactly—but while Hamster Kombat’s title might be a little misleading, this Telegram-based clicker game has quickly become a dominant leader in the play-to-earn space by expanding upon Notcoin’s winning model. The Hamster Kombat team recently announced that they will conduct an airdrop on The Open Network (TON), rewarding players for racking up in-game coins by…
Pro-Bitcoin President Bukele Begins Second Term in El Salvador
The pro-bitcoin president of El Salvador, Nayib Bukele, commenced his second term on June 1 at the National Palace in San Salvador, with his family and a large crowd in attendance. Despite rising economic concerns, Bukele’s popularity remains robust. His administration’s notable policies include adopting bitcoin as legal tender. During his first term, over 80,000 […] Source: https://news.bitcoin.com/pro-bitcoin-president-bukele-begins-second-term-in-el-salvador/
Meta’s AI chief slams Elon Musk over hype, conspiracy theories
It’s scientist versus business mogul as X.com’s biggest nerd fight plays out in real time. Source: https://cointelegraph.com/news/meta-ai-artificial-intelligence-chief-slams-elon-musk-hype-conspiracy-theories
Bitcoin bull flag joins MACD to tease new BTC price all-time high next
Bitcoin traders remain bullish over a BTC price breakout despite months of consolidation — and on-chain data supports them. Source: https://cointelegraph.com/news/bitcoin-bull-flag-joins-macd-to-tease-new-btc-price-all-time-high-next
This Week on Crypto Twitter: Celebrities Dive (Back) Into Crypto
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha ReportsIllustration by Mitchell Preffer for Decrypt Anyone nostalgic for the long-gone heyday of random celebrities diving headfirst into crypto, rejoice! We appear to be back at that…
Musk vs. Nakamoto: A 210% Bitcoin Surge Could Change the World’s Wealth Rankings
At this moment, Tesla’s Elon Musk holds the title of the wealthiest individual on the planet, as reported by the Forbes Real Time Billionaires list on June 1, 2024. However, there exists a potential future where Bitcoin’s creator, Satoshi Nakamoto, could surpass Musk’s fortune. Given the current value of BTC, the price would need to […] Source: https://news.bitcoin.com/musk-vs-nakamoto-a-210-bitcoin-surge-could-change-the-worlds-wealth-rankings/