As Securities and Exchange Commission (SEC) Chair Gary Gensler prepares to leave his post behind, a cryptocurrency targeted under his leadership is staging a notable climb. Used prominently by fintech firm Ripple Labs, the price of XRP popped Thursday as Gensler said he would resign from his leadership position at the agency when President-elect Donald Trump takes control of the…
Month: November 2024
Australia Seeks Public Input on Crypto Tax Reporting
The Australian Treasury has invited public feedback on implementing the Organization for Economic Cooperation and Development (OECD)’s crypto asset reporting model. Tackling Crypto-Linked Tax Evasion The Australian Treasury has invited the public to comment on options for the country’s implementation of the Crypto Asset Reporting Framework (CARF). In a consultation paper released Nov. 21, the […] Source: https://news.bitcoin.com/australia-seeks-public-input-on-crypto-tax-reporting/
Chinese Scientists Report ‘Promising Results’ From Novel Alzheimer’s Surgery
Chinese researchers have reported initial results from an experimental surgical procedure they say aims to address Alzheimer’s disease through manipulating the brain’s waste clearance systems. The findings, published in General Psychiatry, detail outcomes from what the team describes as a “cervical shunting” operation performed on a patient with Alzheimer who was able to achieve what the researchers describe as “promising”…
CFTC report endorses tokenizing trading collateral
Distributed ledger technology can help solve longstanding challenges in US financial markets, the report said. Source: https://cointelegraph.com/news/cftc-endorses-tokenizing-trading-collateral?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Dogecoin Barks Again After Fresh Elon Musk Speculation
Dogecoin is rising Friday, hitting its highest price in over a week as speculation over Elon Musk introducing payments to his X social media platform—formerly Twitter—arises again. The Tesla CEO and world’s richest man posted a screenshot of podcaster Joe Rogan’s profile early Friday. In the snap, a dollar sign appears next to the celebrity’s profile picture—leading to speculation that…
South Korea’s Delio declared bankrupt with $1.75B in assets lost
A creditors’ meeting will be held in March, but their funds reportedly disappeared into the chaos of the FTX collapse. Source: https://cointelegraph.com/news/delio-bankruptcy-south-korea-ftx-impact?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Potential SEC chair pledges crypto-forward approach after Gensler resignation
Donald Trump has not yet named his pick for SEC chair to send to the Senate, but Commissioner Mark Uyeda offered a preview of the regulator’s approach to crypto in 2025. Source: https://cointelegraph.com/news/mark-uyeda-sec-potential-crypto-forward-approach?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
From Code to $100K: Why Bitcoin’s Milestone Matters to Economics
In the crypto universe, bitcoin’s quest to hit $100,000 feels like reaching the climactic level in a video game—an epic showdown that embodies years of persistence, strategy, and transformation. The $100K Milestone: A Historic Moment in Free Market Economics When bitcoin (BTC) crosses the $100,000 mark in U.S. dollars, it won’t just be a psychological […] Source: https://news.bitcoin.com/from-code-to-100k-why-bitcoins-milestone-matters-to-economics/
Sui is growing due to great developer experience — Router CEO
The SUI token experienced a 115% month-over-month gain in October and continues to appreciate as it emerges as a Solana competitor. Source: https://cointelegraph.com/news/sui-growing-great-developer-experience-router-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Sponsors Another NBA Team With LA Clippers Deal
Coinbase announced Friday that it is now an official partner of the Los Angeles Clippers via a sponsorship deal, making the cryptocurrency exchange a prominent fixture for fan engagement and branding at the NBA team’s new $2 billion arena, the Intuit Dome. The deal marks a multi-year engagement between both parties that will offer fans exclusive experiences, limited-edition merchandise, and…