Month: November 2024

The SEC’s “war on crypto” may be winding down as a commissioner signals support for reducing enforcement against crypto firms, stressing the need for clear guidelines. War on Crypto: SEC Commissioner Signals a Turning Point on Enforcement U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda has openly supported President-elect Donald Trump’s plan to end […] Source: https://news.bitcoin.com/sec-commissioner-backs-trumps-vision-to-end-war-on-crypto/

Grayscale Investments has announced plans for reverse share splits for its Grayscale Bitcoin Mini Trust ETF (Ticker: BTC) and Grayscale Ethereum Mini Trust ETF (Ticker: ETH). Effective at 5:00 pm ET on Nov. 19, the BTC fund will undergo a 1-for-5 split, while the ETH fund will undergo a 1-for-10 split. These adjustments are intended […] Source: https://news.bitcoin.com/grayscale-unveils-plan-to-transform-bitcoin-ethereum-funds-with-split-strategy/

Bio Protocol investment by Binance Labs points the way toward using blockchain for the betterment of humanity. Decentralized Science Gets a Boost with Binance Funding Binance Labs, the venture capital arm of Binance, has announced a strategic investment in BIO Protocol. This move signifies Binance Labs’ entry into the growing Decentralized Science (desci) sector, a […] Source: https://news.bitcoin.com/binance-takes-substantial-bet-on-decentralized-science-with-strategic-investment-in-bio-protocol/

Kremlin spokesman Dmitry Peskov noted that the abuse of the U.S. dollar as a political instrument has caused other nations to be concerned about potential roadblocks to using the currency in the future. Kremlin Highlights Nations’ Concerns on the U.S. Dollar Weaponization The Kremlin has referred to the negative reactions that the current strategy surrounding […] Source: https://news.bitcoin.com/kremlin-warns-global-concerns-grow-over-dollars-political-use/

As Donald Trump eyes a dramatic economic overhaul, his proposed tariff regime stands at odds with the core tenets of free-market economics. Cutting Income Tax is Good, But Tariffs? Libertarians Disagree Donald Trump’s return to the presidency brings a bold agenda: funding government through tariffs and cutting excessive spending, and perhaps even hold bitcoin as […] Source: https://news.bitcoin.com/why-trumps-tariff-plan-goes-against-the-free-market-ethos/

Standard Chartered issued an extraordinarily rosy note on Friday regarding the crypto industry’s near-term prospects, estimating that the digital assets market is poised to balloon nearly four times over to a market capitalization of $10 trillion by the end of 2026.  “We expect the coming two-year period to see similar price gains for digital assets (in percentage terms) to 2021,”…

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