Month: July 2024

On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin mandates that banks include digital assets held in custody on their balance sheets, significantly raising the cost of providing digital asset custody services. […] Source: https://news.bitcoin.com/fed-chair-powell-reaffirms-stance-on-custody-assets-amid-sec-crypto-rule-controversy/

According to a report from Bitcoin Magazine, Donald Trump, the 45th president of the United States and a 2024 presidential candidate, will be speaking at Bitcoin 2024 in Nashville. This announcement follows Trump’s recent support for bitcoin (BTC) and the Republican party’s inclusion of the cryptocurrency in their platform. The party has committed to safeguarding […] Source: https://news.bitcoin.com/trump-to-address-bitcoin-2024-conference-in-nashville/

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 Former U.S. President Donald Trump is scheduled to speak at the upcoming Bitcoin Conference in Nashville, Tenn., later this month, conference organizers announced Wednesday. “Witness history,”…

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The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection, market integrity, and the necessity of federal oversight for digital commodities like bitcoin and ethereum. Senate Committee Highlights Need for […] Source: https://news.bitcoin.com/senate-committee-discusses-strong-federal-oversight-of-crypto-markets/

Marc Andreessen just tossed $50,000 at an AI bot, and as any good tech leader would, he paid in Bitcoin. The Silicon Valley mogul and Andreessen Horowitz co-founder decided to play Santa Claus with cryptocurrency, gifting a tidy sum to an AI agent on X (aka Twitter) called the “Truth Terminal.” This isn’t your average AI bot. It operates in…

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Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term fundamentals and urged the community to stay focused and continue building despite market fluctuations. Binance’s […] Source: https://news.bitcoin.com/binance-ceo-crypto-prices-may-fluctuate-but-fundamentals-are-strong/

Famed rapper Drake keeps making high-profile and high-value sports bets—and he’s now completed a three-peat of recent Bitcoin losses on sports matchups. But this time around, the Argentina national soccer team that he bet against added serious insult to injury. Drake bet $300,000 in Bitcoin via crypto betting platform Stake—of which he’s a prominent brand ambassador—that his own Canadian national…

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