Democratic senators have asked Comptroller of the Currency Jonathan Gould to explain how he’ll prevent Donald Trump from influencing stablecoin rules that may benefit his family. Read More at https://cointelegraph.com/news/warren-democrats-press-occ-how-deal-with-trump-crypto-ties?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Michael Saylor joins chorus for clarity as US works to legally define crypto
Strategy’s Michael Saylor wants the US government to clearly define digital securities and commodities, as well as state when it is allowable to tokenize securities. Read More at https://cointelegraph.com/news/saylor-wants-crypto-taxonomy-to-make-us-rules-clear?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monster week for crypto treasury firms with $8B buying blitz
Cointelegraph analyzed 16 company statements made this week and found a whopping $7.8 billion has been earmarked or used to buy crypto. Read More at https://cointelegraph.com/news/crypto-treasury-firms-8-billion-crypto-buys?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
ETH recovery outpaces Bitcoin despite constant selling at $4K: Here’s why
ETH’s funding rate turns negative as the price drops below $3,600. The good news is, traders are buying the dip! Read More at https://cointelegraph.com/news/eth-recovery-outpaces-bitcoin-despite-constant-selling-at-4k-here-s-why?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin dips below $115K as Trump tariff order fails to comfort investors
Bitcoin tumbled to a three-week low near $114,000 as Trump’s tariff executive order triggered a stock and crypto sell-off. Read More at https://cointelegraph.com/news/bitcoin-dips-below-115k-as-trump-tariff-order-fails-to-comfort-investors?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
OG Bitcoiners are rotating out, but it’s a healthy dynamic: Analysts
Old Bitcoin being sold to new institutions is a sign of its “integration with the financial system,” Ryan McMillin, chief investment officer at Merkle Tree Capital told Cointelegraph. Read More at https://cointelegraph.com/news/bitcoin-whales-sell-new-buyers-enter-market?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Solv Protocol targets over $1T in idle Bitcoin with institutional yield vault
The new vault seeks to put inactive Bitcoin holdings to work using a mix of yield strategies across decentralized, centralized and traditional finance. Read More at https://cointelegraph.com/news/solv-protocol-btc-plus-yield-vault-bitcoin?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Strategy CEO calls it ‘most misunderstood’ stock amid record profit
Strategy CEO Phong Le says the market still misunderstands and undervalues its Bitcoin play, as it posted $10 billion profit in the second quarter and plans to raise $4.2 billion to buy more. Read More at https://cointelegraph.com/news/saylors-strategy-misunderstood-posts-10-billion-q2-profit?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Push for liquid staking in Solana ETFs gains institutional support
Though it has weighed in on traditional staking, the US Securities and Exchange Commission has not issued guidance on liquid staking. Read More at https://cointelegraph.com/news/jito-labs-vaneck-sec-liquid-staking-solana?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
From skeptic to supporter: JPMorgan CEO now a 'believer' in stablecoins, blockchain
Once one of crypto’s loudest critics, Jamie Dimon now says he’s a “believer” in stablecoins as JPMorgan deepens its push into digital assets. Read More at https://cointelegraph.com/news/jpmorgan-jamie-dimon-stablecoins-blockchain?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound