Payments-focused cryptocurrency XRP’s price has risen over 8% in five weeks, and during this time there has been a notable divergence in the accumulation trends of large holders or whales and small holders. According to on-chain data from Santiment, wallets holding between 100,000 and 100 million XRP have added 2.8% more coins to their balance […]
Whales accumulate when small holders capitulate Read More »
A group of Democratic senators said in a statement late Wednesday that the bill still “lacked” where it needed to be to get their support, but that they would continue to work on it with Republicans. Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, argued on Wednesday that the policy as written
Ethics, other provisions of the crypto Clarity Act need further discussion Read More »
The latest draft of the crypto market structure bill is “missing” where it should be on ethics and other provisions, a group of US Senate Democrats said Wednesday. Senators Angela Alsobrooks, Cory Booker, Catherine Cortez Masto, Ruben Gallego, John Hickenlooper, Mark Warner and Raphael Warnock — a core group of negotiators likely to be needed
Tesla (TSLA) held its bitcoin BTC$65,879.28 holdings unchanged in the second quarter, maintaining its treasury at 11,509 BTC as the cryptocurrency’s price fell 14% over the three-month period. The electric car maker reported an after-tax impairment loss of $112 million on its digital asset holdings, according to its latest earnings release. Tesla has neither bought
Tesla holds bitcoin steady, reports $112 million loss Read More »
Earlier this month, Robinhood (HOOD) expanded its tokenized equity offering beyond European users, and Coinbase (COIN) also plans to offer equity tokens. The Depository Trust & Clearing Corporation (DTCC), the backbone of the US securities markets, has begun testing tokenized securities infrastructure, while Nasdaq and the New York Stock Exchange have also started tokenization initiatives.
Kraken parent expands tokenized shares to shares in Hong Kong, UK and South Korea Read More »
The crypto market fell on Wednesday with bitcoin BTC$65,876.03 down about 0.9% since midnight UTC to $65,900 and ether (ETH) down 0.5% to $1,920. The pullback came after the biggest cryptocurrency rose to its highest point in more than a month on Tuesday, with some degree of profit-taking always a likely outcome. A major macroeconomic
The reopening news comes as the North American box office shows signs of stabilizing after years of false starts. Domestic box office sales are on track to total about $5.4 billion this year, up 10 percent from last year and the highest total since 2019, according to Rentrak, a movie data service. The Cinerama Dome,
Sony Revives Cinerama Dome in Los Angeles as Box Office Sales Rebound Read More »
This interconnection has a consequence that allocators tend to underestimate. Diversification does more work in calm markets than in stressed ones. In risk-off regimes, correlations across tokens rise and the protection investors assumed they held fade. Counterintuitively, holding more coins rarely translates into holding less risk. Lasting risk management comes from controlling exposure. Extending the
The crypto question isn’t what you should own – it’s what you can survive holding Read More »
“I don’t have any real political insight, but I expect there is sufficient momentum behind this,” Paul said via WhatsApp. “And I think that as this is now in the remit of HM Treasury, the Bank of England and the Financial Conduct Authority, it doesn’t require much policy intervention to proceed. If anything, I think
Plans for a UK digital gilt instrument, or DIGIT, hinge on a missing piece: onchain cash Read More »
The US Securities and Exchange Commission (SEC) has signaled that one of the fast-growing sectors of decentralized finance may be subject to greater regulatory scrutiny. In a statement Wednesday, Commissioner Hester Peirce said crypto vaults and onchain lending strategies may fall under federal securities laws depending on how they are structured and managed. While many
SEC’s Pierce warns some DeFi boxes that onchain lending may fall under securities laws Read More »
