AI and Crypto Czar’s Role Has Now Narrowed Significantly
Key Points: Initially announced as Trump’s “AI and Crypto Czar,” David Sacks’ role has been scaled back to an advisory position. Sacks opted not to divest from his investment firm…
Jump Crypto Subsidiary Tai Mo Shan Fined $73.45M Over UST Scandal
Key Points: The SEC charged Tai Mo Shan Limited, a Jump Crypto subsidiary, with misleading investors and engaging in unregistered securities transactions involving UST. Tai Mo Shan allegedly stabilized TerraUSD’s…
Tether Net Profits Reach $10 Billion in 2024
Key Points: Tether net profits in 2024 surpass $10 billion, fueled by strong demand for its USDT stablecoin. The company has reinvested more than half of its profits, including a…
Bitcoin Spot ETF Outflows Reach $277M Amid Market Activity
Key Points: Bitcoin Spot ETF outflows totalled $277M, with $109.725B in net assets. Ethereum Spot ETF saw $75.11M outflows, with net assets valued at $12.15B. Bitcoin Spot ETF outflows hit…
GraniteShares Crypto ETFs Target U.S. Crypto-Related Stocks
Key Points: GraniteShares Crypto ETFs provide 2x leveraged exposure to major crypto-related firms, including Riot Platforms and MicroStrategy, with potential for high returns. Leveraged GraniteShares Crypto ETFs include both long…
Crypto Hedge Funds Banking Issues Persist Over Recent Years
Key Points: Crypto hedge funds banking issues are prevalent, affecting 75% of surveyed funds. Traditional investment sectors reported fewer or no similar banking challenges. A WSJ survey reveals crypto hedge…
Bitcoin Quantum Computing Threat Expected to Take Decades
Key Points: The Bitcoin quantum computing threat will not materialize for decades, as current reserves use Taproot nodes to prepare for future post-quantum solutions. Anti-quantum signature technology is expected to…
Crypto Market Outlook 2025 Key Factors to Watch
Key Points: Stablecoins’ role will expand beyond trading, leading to broader usage and mass adoption. Regulatory clarity and technological advancements will boost the crypto ecosystem in 2025. The Crypto Market…
Trump Crypto Czar Once Criticized the Suppression of AI and Crypto Technology
Key Points: The Trump Crypto Czar is known for advocating against government regulations, aligning with industry views. Sacks’ appointment is seen as beneficial for AI and crypto industries, offering regulatory…
US Banks Crypto Warning Revealed Through Coinbase Letters
Key Points: US Banks Crypto Warning revealed FDIC letters advising banks to halt crypto services, impacting industry operations. US Bank’s Crypto Warning highlights FDIC efforts to prevent financial institutions from…
The introduction of Hydra could see Cardano surpass Ethereum with 100,000 TPS
Crypto
- December 22, 2024
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Cardano Déjà vu: ADA Mirrors 2020 Pattern: Is $6 Next?
- December 22, 2024
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Whale Alert: Market Observer Highlights Ongoing PEPE Accumulation
- December 22, 2024
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Binance founder Changpeng Zhao sparks debate over UAE’s alleged $40b Bitcoin holdings
- December 22, 2024
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