But the 2026 midterm elections are coming up very soon — Nov. 3, so less than four months from now — and lawmakers will have to face their own base and flanks after they retire from summer recess and enter the final swing of the campaign. This means that US President Donald Trump and the […]
Signs of Life?: Crypto Mode Read More »
The combined market capitalization of major stablecoins fell from around $166 billion in March 2022 to $122 billion in September 2023, RWA.xyz data shows — a drop of over 26% as investors pulled money from the digital asset market. Tether’s USDT fell from $78 billion to $65 billion between March and November 2022. For USDC,
Jurrien Timmer, Fidelity’s director of global macro, says bitcoin is drifting toward the lower edge of the model he’s used to track it for years. This model is the power law, which plots the entire price history of bitcoin on a logarithmic chart bounded by three curves – an upper resistance line, a middle trend
Bitcoin Nears $58,000 Bottom Level That Has Marked Every Cycle Bottom Since 2015 Read More »
Two of Bitcoin’s most influential people came out against it on Saturday. Strategy founder Michael Saylor wrote that “there are 110 things more dangerous to Bitcoin than spam,” arguing that the proposal “turns a spam dispute into a consensus change that would invalidate some currently valid, fee-paying transactions.” The precedent, he wrote, is the real
Bitcoin’s BIP 110 fork deadline approaches with zero miner support Read More »
Ripple was close to shutting down rather than fighting the US Securities and Exchange Commission, CEO Brad Garlinghouse said, describing a decision he and co-founder Chris Larsen faced after the agency sued the company in 2020. Speaking at the University of Kansas School of Business earlier this week, Garlinghouse said the two were seriously considering
Ripple once considered shutting down and handing over XRP to shareholders, CEO says Read More »
The muted response is the pattern now. When Iran first closed the Strait of Hormuz in early March, Brent crude jumped above $100 a barrel. barrel for the first time in four years and later peaked near $120, and bitcoin sold off sharply with each escalation. Part of it is timing. Oil, stocks and bonds
Bitcoin, ether little changed as US launches new Iran attacks Read More »
Bonzo Lend, a decentralized lending protocol on the Hedera network, suffered an estimated loss of $9.05 million after an attacker exploited a verification flaw in a third-party Supra oracle contract, allowing them to borrow assets that far exceed the value of their collateral. The attacker deposited 250 SAUCE tokens of little value before sending a
Despite these headwinds, Lopez says regulatory clarity is no longer the primary hurdle for companies considering public listings. “It’s less relevant than before. Companies went public before there was regulatory clarity,” he said. “For companies like Bullish, Circle or BitGo, it’s more about access to capital than regulation.” Kraken’s reported plans to pursue a public
Crypto IPO pipeline slows amid weak market conditions Read More »
Then-prime minister Rishi Sunak announced the UK’s ambitions to be a “global cryptoasset hub” way back in 2022. Since then, that goal has seemed more like a distant aspiration than a reality. But several recent announcements suggest that the gap between fantasy and reality may finally be closing. Within days of each other, the Financial
The UK has finally shown that it is serious about crypto Read More »
Empery Digital (EMPD) announced Friday the sale of 1,400 bitcoins for $62,200 each, generating $87.1 million in proceeds. Earlier in July, the company said it would need $65 million to close its 25% ownership in a group acquiring a Midwest facility to be converted into an AI data center. Empery was among the hastily formed
Bitcoin financial company Empery Digital sold about half of the BTC stack Read More »
