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Biden vetoes resolution overturning SEC’s controversial crypto guidance, says repeal would ‘jeopardize’ consumers
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Cardano Founder Charles Hoskinson Confirms plans to Collaborate with U.S. Government Under Donald Trump
In a recent livestream, Cardano (ADA) founder Charles Hoskinson revealed his blueprint for impacting U.S. crypto policy during Trump’s transition. Hoskinson is gearing up to leave his mark on legislation, targeting a key position in Trump’s administration—a move that’s ruffling feathers across the crypto community. The whole crypto ecosystem needs to come together like the…
Franklin Templeton Leads 19% Growth In RWA Tokenization This Week, Velo Protocol & Excellar Followed
The RWA tokenization sector experienced substantial growth this week, according to new data released today by market analyst DappRadar. Franklin Templeton Pioneers Growth in RWA As per the data, investment company Franklin Templeton emerged as the winner as it recorded the highest growth in RWA. It drew an incredible 19% rise in RWA TVL, surging…
Bitcoin Pumps To $61,000, Then Retraces After Fed Aggressively Cuts Interest Rates For First Time In Four Years
Advertisement     Bitcoin rallied above the $61,000 price point on Wednesday following the United States Federal Reserve’s decision to lower its benchmark interest rates by 50 basis points, marking the first rate cut since 2020 after the world’s most important central bank’s most aggressive hiking cycle. Most analysts believe the Fed’s policy reversal…
Crypto Power: Michael Saylor Says Wall Street, Congress And Senate ‘Want Bitcoin’
The crypto industry is popping champagne corks (or perhaps uncorking their digital wallets) after a surprise victory in the US Senate. On Thursday, the upper chamber voted 60-38 to repeal a controversial rule introduced by the Securities and Exchange Commission (SEC) known as SAB 121. The Regulators Reel Back The defeated rule would have forced…
Here’s How the TradFi Volatility Cycle Benefits Crypto, According to Arthur Hayes
Arthur Hayes, co-founder of the crypto exchange BitMEX, believes Bitcoin is the “release valve” for fiat printed by traditional finance governments to suppress volatility in financial markets to unnatural levels. In an essay titled Volatility Supercycle, Hayes discussed how politicians printing money to create a calm economic surface triggers volatility in crypto and pushes the…
