President Joe Biden is trying hard to 'kill crypto', says Cardano founder
“A vote for Biden is a vote against the American cryptocurrency industry,” said Charles Hoskinson in a video that lashed the White House for its ongoing treatment of crypto in the United States.
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Bitcoin price breaks from range with drop below $28K, and options tilt toward BTC bears
On Aug. 16, Bitcoin closed below $29,000 for the first time in 56 days. Analysts quickly pointed to this week’s Federal Open Market Committee minutes, which expressed concerns about inflation and the need to increase interest rates, as the likely cause.Despite the immediate reasons for the drop, the upcoming $580 million Bitcoin (BTC) options expiry on…
Former White House official will lead Ripple’s policy and government arm
Ripple's newest head of U.S. public policy previously worked in similar roles at Softbank Group, Zoom, and Lyft following six years in government. 176 Total views 8 Total shares Lauren Belive, a former official with the White House’s Office of Legislative Affairs and policy director with the United States House Committee on Rules, has joined
Hamburg Senate Issues First Blockchain Report, Expects DLT to Grow
The Senate of Hamburg has introduced the first comprehensive report on the development of blockchain activities in the city.Hamburg Senate expects the role of blockchain to increase in the coming yearsIn an official statement on July 23, the Hamburg authority stated that several blockchain initiatives have been piloted in the city as the senate expects…
Meta drops 15% on weak outlook and high AI and metaverse spending
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.
Former Binance Head of Trading Joins CoinFlex As Chief Strategy Officer
Leslie Tam, former head of trading at major cryptocurrency exchange Binance, has joined cryptocurrency derivatives exchange CoinFlex as its new chief strategy officer.On Dec. 16, the Block reported that former Binance executive Leslie Tam is looking to expand his professional horizons at cryptocurrency exchange CoinFlex, where he will explore new possibilities for the company to…
Bitcoin keeps falling as former BitMEX CEO gives $30K BTC price target for June
Bitcoin (BTC) saw a predictable fall into the Wall Street open on April 11 as bears took the market toward $40,000.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin edges toward $40,000Data from Cointelegraph Markets Pro and TradingView showed last week’s downtrend gathering pace Monday after a disappointing weekly close.The calm weekend thus gave way to volatility as…
Bitcoin Price Reclaims $8K After Filling Final Lower CME Futures Gap
Bitcoin (BTC) rose above $8,000 on March 10 as markets worldwide began a seemingly miraculous recovery from Monday’s crash.Cryptocurrency market daily overview. Source: Coin360BTC price follows stocks revivalData from Coin360 and Cointelegraph Markets showed BTC/USD reclaiming the $8,000 mark on Tuesday, having fallen to two-month lows of $7,625. At press time, the pair traded at around…
Fed teases master accounts for crypto banks: Law Decoded, Aug. 15-22
The new guidelines from the Federal Reserve hold a prospect of “the most stringent review” for non-federally insured institutions. 214 Total views 12 Total shares Last week, the United States Federal Reserve Board turned its eye to banks and crypto, making (or promising to make) several clarifications, one of them pretty long-awaited. It announced that…