In a letter to the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, Representative Tom Emmer (R-MN)—the House Majority Whip—expressed concerns about how the regulator views crypto airdrops under the lens of securities law. In the letter, co-signed by Chairman of the House Committee on Financial Services Patrick McHenry (R-NC), Emmer pointed to a lack of regulatory framework in…
President Nayib Bukele revealed that he would present a self-financed budget proposal to the Legislative Assembly of El Salvador, meaning that the government will not issue debt to pay for its operations in 2025. Bukele stressed that this would be the first time this happened in decades, highlighting the relevance of independence and self-sufficiency for […] Source: https://news.bitcoin.com/bukele-states-el-salvador-will-self-finance-2025-budget-wont-issue-even-a-cent-of-debt/
Analysts say Bitcoin’s recent price action could be a sign that the path to new all-time highs has begun. Source: https://cointelegraph.com/news/bitcoin-s-local-market-structure-could-push-btc-price-to-new-all-time-high-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Cathedra Bitcoin Inc. has announced a significant shift in its corporate strategy, moving away from bitcoin mining to focus on growing its bitcoin holdings. The company aims to increase its shareholders’ bitcoin per share through a strategy similar to that of Microstrategy, which has gained recognition for its bitcoin acquisition policy. Cathedra Bitcoin Ditches Mining […] Source: https://news.bitcoin.com/btc-miner-cathedra-shifts-focus-to-bitcoin-acquisition-strategy/
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys. Source: https://cointelegraph.com/news/alameda-research-ftx-caroline-ellison-cooperation-sentencing?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
USDC is now integrated into the banking systems of Brazil and Mexico, allowing businesses to use the USD-pegged stablecoin directly through local financial institutions. Source: https://cointelegraph.com/news/circle-integrates-usdc-national-payment-systems-brazil-mexico?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States. Source: https://cointelegraph.com/news/wintermute-us-election-prediction-market-harris-trump-tokens?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Catizen is the latest in a long line of Telegram crypto games taking the world by storm as it dangles a future airdrop in front of players. While not quite as massive as Hamster Kombat Catizen has still captured the attention of over 35 million players with the promise of a token airdrop. Now we are within touching distance of…
After 14 months of maintaining federal interest rates in the range of 5.25% to 5.5%, the Federal Reserve is set to announce a reduction in rates. For the cryptocurrency market, Fed rate cuts could signal a positive shift. The decision, expected during the Federal Open Market Committee meeting, is anticipated to be significant, with markets assigning a 65% chance of…
Binance denies WazirX ownership and responsibility for a recent $235 million hack, urging the platform to address user fund losses. Binance released a statement addressing recent claims about its relationship with the Indian crypto platform WazirX in a blog post earlier today. This announcement follows a reported hack on WazirX in July 2024, which resulted in the loss of user…
