Rex took the stage at a memecoin-focused side event and surprised the audience with something rare in the memecoin world: thoughtful analysis. KOL Who Called PEPE, BRETT, and WOLF Talks Memecoin Strategy Rex was a speaker at a Memecoin-focused side event. Of all the speakers, he was the least hyperbolic, and had the most substantive […] Source: https://news.bitcoin.com/memecoin-master-discusses-current-cycle/
The CFTC asked the court to block Kalshi from offering election betting contracts until it reviews the reasoning for the denial of its order. Source: https://cointelegraph.com/news/united-states-prediction-markets-kalshi-cftc-emergency-motion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization. “A new cycle starts,” the report said, as investment volumes show signs of bottoming out. After a period of inflation and rising interest rates, the UK saw a 6.5% quarter-on-quarter growth in […] Source: https://news.bitcoin.com/ubs-european-real-estate-markets-enter-new-cycle/
Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy. While Harris supports parts of President Biden’s tax plan, Cuban emphasized it is not her final stance. He also raised concerns about the policy’s impact on early-stage companies struggling with cash […] Source: https://news.bitcoin.com/mark-cuban-warns-kamala-harris-unrealized-gains-tax-will-kill-stock-market/
The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats. Led by U.S. Deputy Special Representative Seth Bailey, ROK’s Lee Jun-il, and Japan’s Kumagai Naoki, the meeting focused on North Korea’s cyber activities, including revenue generation through […] Source: https://news.bitcoin.com/20-government-agencies-in-us-south-korea-and-japan-tackle-north-korean-crypto-threats/
Arthur Hayes revealed he “took a cheeky short” on Bitcoin, former Mt. Gox CEO Mark Karpeles will launch a new crypto exchange: Hodler’s Digest Source: https://cointelegraph.com/magazine/arthur-hayes-bitcoin-50k-price-mt-gox-mark-karpeles-crypto-exchange-hodlers-digest/?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Former U.S. President Donald Trump has announced a plan to create a government efficiency commission led by Tesla CEO Elon Musk if re-elected president. This commission would conduct a financial and performance audit of the entire federal government. Musk is pushing the idea of the Department of Government Efficiency (D.O.G.E.), emphasizing concerns about government overspending. […] Source: https://news.bitcoin.com/elon-musk-agrees-to-head-donald-trumps-d-o-g-e-government-efficiency-commission/
A report by the Federal Reserve Bank of Philadelphia’s Consumer Finance Institute found that cryptocurrency ownership declined during market downturns, despite price increases in bitcoin. Data from multiple surveys showed that crypto interest and ownership did not rise, even as prices surged. The report suggests further research into consumer behavior in response to market fluctuations […] Source: https://news.bitcoin.com/fed-report-explores-how-crypto-price-changes-affect-ownership/
Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen’s move, given the Biden administration’s stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S. Securities and Exchange Commission (SEC) […] Source: https://news.bitcoin.com/kamala-harris-gains-ripple-co-founder-chris-larsens-endorsement/
Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic […] Source: https://news.bitcoin.com/venezuelan-opposition-leader-proposes-establishing-a-bitcoin-reserve/
