Democratic senator Elizabeth Warren is going hard after Elon Musk and his cost-cutting Department of Government Efficiency, aka DOGE—yes, like the meme coin—claiming that the new body “appears to be a venue for corruption.” In a letter to the world’s richest man and a key President Trump ally, Senator Warren suggested a long list of reforms which she says could…
The London building, opened in 2023 while UK Prime Minister Rishi Sunak was in office, will be shuttered in favor of focusing on the venture capital firm’s US operations. Source: https://cointelegraph.com/news/andreessen-horowitz-close-uk-offices-us-crypto?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MicroStrategy said Friday that it’s taking measures to manage $1.05 billion in corporate debt that appears to be tied to the initial stages of its Bitcoin buying scheme. Under the leadership of co-founder and Executive Chairman Michael Saylor, the company has accumulated a stash of 461,000 Bitcoin worth nearly $49 billion, emerging as the largest corporate holder of Bitcoin since…
The direct demand created for U.S. debt by stablecoins could grow exponentially in 2025. Stablecoins Can Leverage U.S. Debt for Massive Growth An analysis by OKG Research predicts that stablecoins such as USDT and USDC will directly increase the demand for U.S. debt in 2025. It is anticipated that the market value of stablecoins will […] Source: https://news.bitcoin.com/okg-research-stablecoins-can-create-up-to-100-billion-in-demand-for-u-s-debt/
Ripple Labs has requested a due date for its cross-appeal brief in its ongoing legal battle against the US SEC. Source: https://cointelegraph.com/news/ripple-seeks-deadline-cross-appeal-brief-sec-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chris Maurice, CEO of Yellow Card, believes the emergence of a crypto-friendly government in the U.S. will prompt African regulators to establish rules for the sector. African Regulators Seen Following U.S. Lead The recent emergence of a crypto-friendly government in the United States is likely to prompt regulators across Africa to establish rules for the […] Source: https://news.bitcoin.com/african-regulators-to-follow-u-s-lead-on-crypto-regulations-says-yellow-card-ceo/
The U.S. House of Representatives is officially investigating whether leading crypto firms were secretly “debanked” during the Biden administration. On Friday, Rep. James Comer (R-KY), chair of the House Oversight Committee, informed numerous industry founders and lobbyists that the inquiry is already underway. “The Committee… is investigating improper debanking of individuals and entities based on political viewpoints or involvement in…
According to data from SaylorTracker, MicroStrategy shares are currently trading at a net asset value (NAV) of 1.86x. Source: https://cointelegraph.com/news/microstrategy-redeem-2027-senior-convertible-notes?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ARK Invest’s Cathie Wood said she won’t buy the Trump token due to its lack of utility, as she remains focused on Bitcoin, Ether and Solana. Source: https://cointelegraph.com/news/trump-doge-bonk-etf-likely-cathie-wood-invest-finance-redefined?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A digital euro could remedy President Donald Trump’s anti-central bank digital currency—or CBDC—agenda, a leader of the European Central Bank has said. European Central Bank executive board member Piero Cipollone told a conference that Europe “needs” a digital euro to counter Trump’s plans for stablecoins, according to a Friday report from Reuters. The ECB press office confirmed the comments to…
