Dan Gallagher, a former SEC commissioner, was one name former regulators reportedly said a Trump administration may consider to chair the securities regulator. Source: https://cointelegraph.com/news/donald-trump-robinhood-chair-sec-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Meme Coin Trader Who Turned $800 Into $10 Million Roundtrips Unreal Gains
When a meme coin based on a viral baby hippo in Thailand notches dizzying gains, those fortunes can melt away rather quickly. Simply look at an anonymous trader on Solana who has round-tripped millions of dollars in value these past few days. It’s the kind of luck that degens dream of: After investing $800 in Moo Deng, an allotment of…
Silver Miners Unlikely to Meet Demand Even if Prices Keep Increasing
The silver market is facing a multi-year deficit product of the extraction dynamics and the increase in the metal’s demand. Even with today’s high prices, silver production is unlikely to increase in the short or medium term given the high extraction costs and the time needed for developing new mines. Upcoming Silver Supply Crunch Might […] Source: https://news.bitcoin.com/silver-miners-unlikely-to-meet-demand-even-if-prices-keep-increasing/
ECB official proposes unified European ledger for digital assets
European Central Bank executive board member Piero Cipollone would like to see a sort of European union for digital assets. Source: https://cointelegraph.com/news/ecb-unified-blockchain-ledger-digital-assets-europe?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Musk: Polymarket ‘more accurate than polls, as actual money is on the line’
The billionaire mogul’s opinion comes as he ramps up his support for Republican candidate and former US president Donald Trump. Source: https://cointelegraph.com/news/elon-musk-polymarket-more-accurate-than-polls-actual-money?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Supreme Court Won’t Hear Case Over $4.4 Billion in Seized Silk Road Bitcoin
The United States Supreme Court declined on Monday to hear a case concerning the ownership of 69,370 Bitcoin seized from the dark web marketplace Silk Road, apparently paving the way for the American government to sell the $4.38 billion stash of BTC in question. In 2022, a federal court in California ruled against Battle Born Investments, a company that claimed…
EigenLayer eyes consumer adoption post EIGEN unlock, founder says
The restaking protocol will start by targeting crypto-native apps, with EigenDA serving as a “beachhead” for onboarding, Sreeram Kannan said. Source: https://cointelegraph.com/news/eigenlayer-eyes-consumer-adoption-post-unlock?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
AI Cryptos Spike as Broader Market Stays Flat, Sector Nears $30B Milestone
While the crypto market’s overall capitalization has only ticked up by 0.28% over the past day, reaching $2.19 trillion, the artificial intelligence (AI) crypto economy has made more noticeable gains, climbing 5.4% to hover above the $29 billion mark. AI Crypto Sector Jumps 5.4% to $29B On Monday, while the broader crypto market saw a […] Source: https://news.bitcoin.com/ai-cryptos-spike-as-broader-market-stays-flat-sector-nears-30b-milestone/
Crypto Betting Has Turned HBO’s Satoshi Nakamoto Reveal Into a ‘Sporting Event’: Director
An HBO documentary dubbed “Money Electric: The Bitcoin Mystery” will soon try to answer the longstanding question of Satoshi Nakamoto’s identity. And as its debut approaches, the hype has been heightened by a bevy of on-chain speculation, according to director Cullen Hoback. “Polymarket turned ‘Money Electric’ into a sporting event,” Hoback told Decrypt in a statement Monday. “Even I’m refreshing…
National Bank of Bahrain rolls out its first Bitcoin investment fund
The Bitcoin investment fund is designed for institutional investors and will offer exposure to BTC gains capped at a predefined threshold, with 100% loss protection on the downside. Source: https://cointelegraph.com/news/national-bank-bahrain-first-bitcoin-investment-fund?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound