Author: Coindesk
The congressional panel, which has oversight over U.S. securities and most financial products, will set a September hearing calendar jammed with crypto-relevant topics, the person said. The committee chairman, Rep. Patrick McHenry (R-N.C.), is retiring at the end of the year and has said one of his top remaining priorities is finishing one of the bills to begin establishing tailored federal rules for crypto. Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
The price action suggests that crypto markets are in for more consolidation as the quick recovery from the early August plunge to below $50,000 continues to fizzle. The largest crypto has stuck in a downtrend since its all-time record of $73,000 in March, making lower highs and lower lows ever since. Read the full article here
Trump and his son Eric have been teasing World Liberty Financial as the Republican presidential candidate’s latest foray into crypto. Earlier this week, Trump launched a fourth NFT collection in a bid to repeat his previous million-dollar successes selling crypto collectibles. He is also separately promising to make the U.S. the “crypto capital of the planet” if elected. Read the full article here
That’s where SanR comes in: Traders can use the platform to indicate whether they believe a particular token is moving up at a certain price, or down. These predictions are recorded as NFTs on-chain, meaning they can’t be falsified at a later date should the prediction prove inaccurate. As traders make their calls, the number of accurate and inaccurate predictions pile up, revealing the proportion of each. Other users can then review this data in assessing each traders’ predictive powers, while remaining confident the data hasn’t been messed with. If you are a trader with great predictive powers, why would…
The project appears to be spearheaded by Trump’s second son, Eric Trump, an executive vice president of his family’s holding company, the Trump Organization. On Aug. 6, Eric Trump posted on X that he had “truly fallen in love with Crypto/DeFi” and urged his followers to “stay tuned for a big announcement,” tagging both his father and older brother Don Jr. in the post. Read the full article here
NFTs “expose the incoherence of the SEC’s understanding of what it’s authorized to regulate,” says law professor Brian L. Frye, following news yesterday that the SEC has issued a Wells notice against OpenSea, claiming the NFT platform has violated securities law. Read the full article here
“The EU represents about a quarter of the Web3 market, and so it’s just even more important for us to be there today, as we look to expand,” said Lau. “So both from a serving-developers-better, and from a hiring standpoint, we really wanted to be in the EU.” Read the full article here
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence.…
Bitcoin rose above $60,000 during the late European morning following a sharp decline earlier this week. The largest cryptocurrency was trading around $60,350, nearly 6% below its $64,000 starting level Monday. The downward trend may now have halted ahead of another short-term rally. The broader digital asset market has fallen around 0.45% in the past 24 hours, according to CoinDesk Indices data. Ether rose about 1.35% to around $2,550 after spot ether ETFs registered inflows of $5.9 million on Wednesday, ending a nine-day losing streak. Read the full article here