The U.S. House of Representatives failed on Thursday to override President Joe Biden’s veto of a bipartisan effort to allow American banks to hold crypto. The bill would have required a two-thirds supermajority to pass the House, after which it would have required another two-thirds vote of approval in the Senate. While it passed with a healthy majority today, it…
Month: July 2024
Coinbase Launches New Wallet Web App to Streamline Onchain Activity
San Francisco crypto firm Coinbase has introduced a new web application for its wallet, designed to provide users with a unified platform for managing onchain assets. The application aims to simplify the experience for users by offering a comprehensive view of their crypto holdings across various wallets and chains. Coinbase Unveils Web App to Bolster […] Source: https://news.bitcoin.com/coinbase-launches-new-wallet-web-app-to-streamline-onchain-activity/
House fails to override Biden’s veto on nullifying SEC crypto rule
Though the resolution overturning an SEC rule on banks handling crypto passed in the House in May, the legislation required at least 288 members to override President Biden’s veto. Source: https://cointelegraph.com/news/house-representatives-vote-biden-veto-overturn-sec-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC Ends BUSD Stablecoin Investigation Without Enforcement Action, Says Paxos
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 Reports Stablecoin issuer Paxos said Thursday that an investigation conducted by the U.S. Securities and Exchange Commission (SEC) has concluded, with no enforcement action on the horizon.…
How GoMining is revolutionizing Bitcoin mining through NFTs
How can retail investors profit from Bitcoin mining after the halving slashed profit margins? Source: https://cointelegraph.com/news/how-gomining-is-revolutionizing-bitcoin-mining-through-nfts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ethereum ETF inflows could hit $10B, sending ETH to new highs — analyst
Expect ETH’s spot price to be more responsive to ETF inflows than BTC’s, says crypto investment manager Tom Dunleavy. Source: https://cointelegraph.com/news/ethereum-etf-inflows-10-billion-eth-new-highs-analyst?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC will not pursue enforcement action against Paxos
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security. Source: https://cointelegraph.com/news/sec-enforcement-action-paxos-dropped?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Is This the Next Meme Coin to Explode? Shiba Shootout Surges Past $500K in Presale
Shiba Shootout (SHIBASHOOT) has gone viral after passing the $500,000 mark in its presale phase. This Wild West-themed meme coin is attracting investors worldwide and offers features unlike anything else on the market. Shiba Shootout – The Digital Wild West with P2E Mechanics Ever wondered what would happen if you mixed crypto with cowboys? That’s […] Source: https://news.bitcoin.com/is-this-the-next-meme-coin-to-explode-shiba-shootout-surges-past-500k-in-presale/
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning the BUSD stablecoin, which is backed by […] Source: https://news.bitcoin.com/sec-withdraws-enforcement-action-against-paxos-busd-stablecoin/
Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger
A clutch CPI beat fails to buoy heavy crypto markets for long, with Bitcoin gaining then losing $1,000 within an hour. Source: https://cointelegraph.com/news/bitcoin-price-cpi-gains-last-1-hour-mt-gox-sell-off-fears?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound