Bitcoin’s price may have topped $98,000 Thursday, but Crypto Twitter was set ablaze for an entirely separate reason: Securities and Exchange Commission (SEC) Chair Gary Gensler, regarded as the industry’s chief antagonist, announced his impending resignation. The figurehead that pursued an aggressive crackdown on the crypto industry signaled that he would resign from his leadership role on January 20, 2025,…
Month: November 2024
The Graph introduces GRC-20 standard for Web3 data structure
The Graph advances from subgraphs to knowledge graphs as it hones the search options for Web3 developers. Source: https://cointelegraph.com/news/the-graph-grc-20-web3-data-standard?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Reuters: Trump Team Mulls Bitcoin Reserve—Peter Schiff Warns of ‘Wasted Billions’
According to Reuters, President-elect Donald Trump’s incoming crypto advisory council is reportedly considering establishing a strategic bitcoin reserve. This idea sparked a response from economist and gold bug Peter Schiff, who shared his perspective on the concept of a BTC reserve. Trump’s Transition Reportedly Eyes Bitcoin Reserve, Schiff Fires Back at Fiscal Misstep On Thursday, […] Source: https://news.bitcoin.com/reuters-trump-team-mulls-bitcoin-reserve-peter-schiff-warns-of-wasted-billions/
Arthur Hayes Calls out ‘Dumb Dumbs’ Settling for Less, Promotes USDE’s 29% APY
On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY), Arthur Hayes hopped on social media to highlight the appeal of USDE’s much higher 29% APY. Hayes Mocks Coinbase’s Conservative Stablecoin Reward Approach This week, Coinbase, the San Francisco-based exchange, revealed a new perk […] Source: https://news.bitcoin.com/arthur-hayes-calls-out-dumb-dumbs-settling-for-less-promotes-usdes-29-apy/
FTX provides a timeline for creditor and client reimbursement payouts
After two years of bankruptcy hearings, FTX creditor reimbursements are set to begin, but the FTX estate remains embroiled in litigation. Source: https://cointelegraph.com/news/ftx-provides-timeline-creditor-client-reimbursement-payouts?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK to deliver comprehensive crypto regulation framework by early 2025
The Labour government is reportedly readying crypto, stablecoin and crypto asset regulations as Europe pulls ahead and the US changes its crypto policies. Source: https://cointelegraph.com/news/uk-crypto-regulation-framework-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Scores Crucial Court Win Against SEC as Gensler Calls It Quits
A federal judge in Texas dealt a decisive blow to the U.S. Securities and Exchange Commission’s crypto policy on Thursday, ruling that the agency’s expansion of an existing securities law to apply to decentralized finance (DeFi) users and projects was unlawful and in excess of the regulator’s authority. Judge Reed O’Connor granted summary judgment to the Blockchain Association, a crypto…
Rekt Coin Launching With Airdrop Following Rekt Drinks Sellout
Rekt Brands announced that its token, REKT, will launch on Friday at 5am ET. Those who earned Drank Points by purchasing Rekt Drinks brand sparkling water or through participation in the drink brand’s rewards campaign will be eligible to claim the token, along with Rektguy NFT holders. The token, which had previously been hinted at via the Rekt Coin account…
Bybit and Block Scholes Report Hail Donald Trump as America’s Crypto President
Donald Trump’s victory signaled a vital shift in crypto sentiment, moving from cynicism to a defiant belief in the growth of cryptocurrencies in the U.S. Crypto to Witness Massive Gains Under Trump Presidency Bybit, a cryptocurrency exchange, and Blocks Scholes published their latest institutional report with key takeaways from the U.S. election and the crypto […] Source: https://news.bitcoin.com/bybit-and-block-scholes-report-hail-donald-trump-as-americas-crypto-president/
BTC ATH again, Nvidia guidance underwhelms, CHILLGUY hits 110k holders
BTC ATH again, Nvidia guidance underwhelms, CHILLGUY hits 110k holders BTC new ATH again, reaches $98k. US spot BTC ETFs surpass $100bn in assets. BTC CME OI hits new ATH of $21.3bn. ETH at 4-year low vs BTC. Stablecoin inflows hit record $9.7bn this month. Trump mulls creating first crypto czar role. Bitwise files for SOL ETF. BitGo launches SGP…