One of crypto’s most prominent advocates in Congress, House Majority Whip Tom Emmer (R-MN), has big plans for the industry should Republicans gain control of all branches of federal government in November. However, he also appears convinced that cryptocurrency regulation is coming to the United States regardless of how the election shakes out. “Regardless of the outcome, I expect you…
Month: October 2024
Rep. Tom Emmer Is Confident Crypto Laws Are Coming Soon—No Matter Who Wins the Election
Rep. Tom Emmer Is Confident Crypto Laws Are Coming Soon—No Matter Who Wins the Election Republican Majority Whip Tom Emmer sat down with Decrypt’s Sander Lutz and Liz Napolitano to discuss the state of crypto legislation, Kamala Harris, Fairshake, and more at Messari Mainnet 2024. Source: https://decrypt.co/videos/interviews/qWDybFgM/rep-tom-emmer-is-confident-crypto-laws-are-coming-soonno-matter-who-wins-the-election
Prediction Markets Favor Walz over Vance in VP Debate
Hours before tonight’s vice presidential debate between Minnesota Governor Tim Walz and Ohio Senator JD Vance, prediction markets are strongly leaning toward the incumbent veep. Some 72% of Polymarket bettors believe Harris will win. Polymarket is far and away the biggest prediction market, which did more than $533 million in volume last month, per Dune, an analytics platform. (Nearly 90%…
CZ’s Post-Prison Pivot: From Crypto King to AI Investor
Changpeng “CZ” Zhao, once the crypto world’s golden boy, is trading his Binance crown for an AI investor hat. Fresh out of U.S. custody, the former CEO says he is now eyeing artificial intelligence, blockchain, and biotech as his next big bets. But is he? “[I] will continue to invest in blockchain/decentralized technologies, AI, and biotech. I am a long…
Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel. Following the announcement, bitcoin dipped […] Source: https://news.bitcoin.com/middle-east-tensions-trigger-equities-sell-off-bitcoin-drops-to-60246/
Solana DApps volume increased by 46% in a week — Is $180 SOL the next stop?
An uptick in Solana’s network activity and upcoming project launches could send SOL price higher. Source: https://cointelegraph.com/news/solana-dapps-volume-increased-by-46-in-a-week-is-180-sol-the-next-stop?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Central Bank of Tanzania to Hoard 20% of Total Gold Exports
The Central Bank of Tanzania will purchase 20% of all the gold directed for exports as the country prepares to diversify its reserves. The movement is seen as a reaction to the current acceleration of gold prices, with Tanzania aiming to amass at least 6 tones of gold this financial year. Mining Regulator in Tanzania […] Source: https://news.bitcoin.com/central-bank-of-tanzania-to-hoard-20-of-total-gold-exports/
Bitcoin metrics reset and point to ‘major move’ in Q4 — Analysts
Analysts say Bitcoin’s prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance. Source: https://cointelegraph.com/news/bitcoin-metrics-reset-and-point-to-major-move-in-q4-analysts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Hut 8 pays off $38M Anchorage Digital loan as it looks at AI expansion
Anchorage Digital converted the debt into common stock at a 51% premium. Source: https://cointelegraph.com/news/hut-8-pays-off-loan-ai-expansion?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitwise Files for XRP ETF Following Bitcoin, Ethereum Approvals
Bitwise hopes to launch another major cryptocurrency exchange-traded fund (ETF), confirming to Decrypt that an application for an XRP fund filed with the state of Delaware is legitimate. The application to launch the ETF based on XRP—the seventh-largest cryptocurrency by market cap, created by the founders of payments platform Ripple—comes following SEC approvals of Bitcoin and Ethereum ETFs from various firms…