Cryptocurrency
Trump’s crypto coin goes on sale with Election Day just three weeks out
Collect Trump Cards Source: Collecttrumpcards.com With shares of his nascent social media business in the midst of a sharp rebound and with just three weeks until the presidential election, Donald Trump is bringing his latest proposed money-making endeavor to market, this time in crypto. On Tuesday, the former president and current Republican nominee aims to […]
Read More
Kamala Harris backs crypto regulatory framework in pitch to Black men: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, CNBC’s MacKenzie […]
Read More
How the Fed’s rate cutting cycle could hit crypto’s ‘systemically important’ stablecoin sector
Fed rate cuts are likely to help push bitcoin and other risk assets higher, but some stablecoin issuers could suffer a hit to their revenue. Stablecoins are now collectively the 18th largest holder of U.S. Treasurys, with more than $120 billion of them backing different coins, and Bernstein recently called them an increasingly “systemically important” […]
Read More
Horst Jicha skips bail in $150 million USI Tech crypto fraud case in New York
Horst Jicha discussing cryptocurrency. Source: Team Business Global | YouTube A German national who was under home detention in New York City on a $5 million bond guaranteed by his domestic partner and children in a case in which he was charged with overseeing a $150 million cryptocurrency fraud is now a fugitive. “There’s a […]
Read More
Why Bitcoin creator Satoshi Nakamoto’s identity matters to director Cullen Hoback: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Cullen Hoback, […]
Read More
MicroStrategy hit its highest level relative to bitcoin since 2019. How to hedge it, per Wolfe
While “boring” bitcoin has been chopping sideways since March, bitcoin proxy MicroStrategy is trading at its highest level relative to the flagship crypto since 2019. Wolfe Research managing director Rob Ginsberg said he “loves [MicroStrategy’s] chances to get out and continue climbing,” but that the stock is overbought in the near term. He suggested a […]
Read More
FTX cleared to repay nearly all customers 119% of allowed bankruptcy claims: CNBC Crypto World
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Asymmetric’s Joe […]
Read More
FTX bankruptcy judge approves more than $14 billion payback plan two years after exchange collapsed
Nearly two years after FTX spiraled into bankruptcy, a Delaware judge approved the company’s reorganization plan, which involves paying out more than $14 billion to customers of the collapsed cryptocurrency exchange. “Looking ahead, we are poised to return 100% of bankruptcy claim amounts plus interest for non-governmental creditors through what will be the largest and most complex bankruptcy estate asset […]
Read More
Coinbase is delisting some stablecoins in Europe this year. Here’s what it could mean for the crypto stock
Coinbase’s move to delist some stablecoins this year could help the company’s bottom line, according to one analyst. The crypto exchange operator said Friday it will delist stablecoins in Europe that are not compliant with requirements of the Markets in Crypto-Assets regulation, the celebrated European Union crypto law that will fully take effect Dec. 30. […]
Read More
XRP slides 9% after SEC appeals decision in landmark Ripple case
In this photo illustration, a visual representation of the digital Cryptocurrency Ripple is displayed on January 30, 2018 in Paris, France. Chesnot | Getty Images The price of the XRP token tumbled Thursday, a day after the Securities and Exchange Commission filed to appeal a 2023 court ruling that determined XRP is not considered a […]
Read More