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Bitcoin Price Prediction: Davis Polk Urges SEC to Approve Spot ETF, Highlighting Market Potential and Successful Crypto Entrepreneurs
6.9.2023
On Wednesday, Bitcoin saw a modest uptick, trading at $25,798, marking a nearly 0.50% increase. The financial landscape is buzzing with anticipation as Davis Polk, a prominent grayscale legal firm, ardently advocates for the SEC's approval of the Bitcoin spot ETF.
Their endorsement is rooted...
Singapore Elects President Who Advocates ‘One Regulatory System’ for Crypto and Traditional Finance
6.9.2023
Tharman Shanmugaratnam, the former deputy prime minister and central bank chairman of Singapore, has been elected as the new president of the country. The Singaporean president-elect, who advocates for a single regulatory system for both crypto and traditional finance, wants to make sure that...
PM Modi Advocates Global Framework for Crypto Regulation and Ethical AI at B20 Summit
28.8.2023
Speaking at the B20 Summit India 2023, organized by CII, Prime Minister Narendra Modi emphasized the need for a worldwide framework for cryptocurrencies and the ethical implementation of artificial intelligence (AI).
Modi, addressing the summit, which took place from August 25–27 in New Delhi...
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn
21.8.2023
Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second most prolific day for inscriptions ever. Additionally, over the past seven days, Ordinal inscriptions represented a hefty 53.9% of all transaction...
US Rep. Warren Davidson Criticizes CBDCs, Advocates Permissionless P2P Money Instead
24.7.2023
The United States Republican Representative, Warren Davidson, has reiterated his stance against a government central bank digital currency (CBDC), claiming that they should be banned and criminalized.
In response to a job posting, from the San Francisco Federal Reserve Bank, for a “senior crypto...
SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement
19.7.2023
U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a number of concerns associated with AI, emphasizing that...
Arkham Intelligence Rolls Out Crypto Data Marketplace; Privacy Advocates Cry Foul
10.7.2023
On-chain data provider Arkham Intelligence has announced the release of a marketplace that allows people to buy and sell on-chain cryptocurrency data
Open-source advocates launch OP Stack testnet to fund public goods
7.7.2023
The Public Goods Network from Gitcoin promises to redirect most net sequencer fees into public goods, instead of giving them to token holders or developers
Advocates call for Hong Kong govt stablecoin to compete with Tether and USD Coin
4.7.2023
“Issuing a stablecoin pegged to the HK dollar not only helps to solidify HK’s leadership in the blockchain sector but also propels the progress of the digital HK dollar," said the report
Privacy advocates score a win after Binance buckles on coin listings
2.7.2023
Those of us in Italy and surrounding countries will be allowed to continue trading Zcash, Monero and other coins that Binance sought to condemn as unworthy
Robert F. Kennedy Jr. Advocates for Bitcoin and Opposes CBDCs in Candid Interview
23.6.2023
U.S. presidential candidate Robert F. Kennedy Jr. spoke in an interview with the New York Post on June 22, 2023, and discussed a wide range of topics, including vaccines and bitcoin. Kennedy stated that if he becomes president, he will ensure that the U.S. maintains “policies that support...
Invesco Reapplies for Bitcoin ETF, Advocates for More Crypto Investment Products
21.6.2023
Invesco first filed for a Bitcoin ETF in the fall of 2021, but has since re-applied in light of BlackRock’s application
Draft Legislation From House Republicans Drums Up Support From Crypto Advocates
3.6.2023
New draft legislation is drumming up support among cryptocurrency advocates who cheered its focus on defining what constitutes a security versus a commodity.
Republican lawmakers teamed up on Friday in the US House Financial Services Committee and the House Agriculture Committee on a discussion...
Clash of Presidential Contenders: Bitcoin Gains Prominence as 2024 US Election Approaches
21.5.2023
With the 2024 U.S. presidential election drawing near, the enthusiasm of bitcoin and cryptocurrency advocates has intensified, as two candidates have emerged in the race who openly express their support for bitcoin and willingly accept the dominant digital asset for campaign contributions....
British MP Lisa Cameron is 'not invested personally' in crypto but advocates for regulation
2.5.2023
“I’m an advocate for getting regulation in place that makes the most of the potential of the sector whilst protecting consumers,” said the MP
Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
1.5.2023
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog...
Terra Classic Advocates Propose Plan to Re-Establish USTC’s Peg With US Dollar, Token’s Value Surges by Over 9%
28.4.2023
Almost 12 months back, terrausd (UST), an algorithmic stablecoin, suffered a detachment from the U.S. dollar, causing the Terra ecosystem to crumble shortly thereafter. At present, supporters of the Terra Classic blockchain community are deliberating on a plan to revive the ecosystem...
Bitcoin advocates rally at Texas State Capitol to oppose bill cutting mining incentives
25.4.2023
“When you target one industry the way they are with this bill, that’s bad policy no matter what the industry you’re targeting,” said Satoshi Action Fund CEO Dennis Porter
'Don't Mess with Texas Innovation' — advocates criticize bill removing crypto mining incentives
10.4.2023
Lawmakers in a Texas Senate committee moved forward on Senate Bill 1751 on April 4, paving the way for a floor vote for the legislation some have labeled as against crypto miners
Tattooing Bitcoin: Advocates wear cryptocurrency on their sleeve
7.4.2023
Inked Bitcoin advocates explain privacy, risks and even the pains of getting a Bitcoin tattoo, a growing trend in the community