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Donald Trump has appointed PayPal’s former chief operating officer, David Sacks, now known for co-hosting a podcast, as his top AI and crypto adviser. United States President-elect Donald Trump named former PayPal operating chief and now podcaster David Sacks as his lead policy adviser on artificial intelligence and crypto. “David O. Sacks will be the ‘White House A.I. &...
Turning around the bloated agency left behind by Gary Gensler is an unattractive gig for former commissioner Atkins, said a person familiar with his thinking. What to know: President-elect Donald Trump has interviewed former SEC Commissioner Paul Atkins to lead the U.S. Securities and Exchange Commission. Atkins is hesitant to leave his global consulting firm to clean up what he...
MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. MicroStrategy’s Michael Saylor gave Microsoft a three-minute, 44-slide pitch on why it should spend $100 billion a year to buy Bitcoin. MicroStrategy chair and Bitcoin bull Michael Saylor told Microsoft’s board of directors that the firm could add almost...
Hong Kong’s government issued $100 million in tokenized green bonds on Feb. 16, 2023, under its Green Bond Programme. Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), has begun subsidizing some of the costs of issuing tokenized bonds to encourage tokenization in its capital markets. According to a Nov. 28 statement and accompanying guidelines, the HKMA’s Digital Bond Grant Scheme (DBGS)...
The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals. What to know: A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash. The court found...
BTC's order book shows that bulls have surprisingly scaled back their firepower, leaving the sell side in a more dominant position. What to know: BTC's order book shows executed bullish flow isn't being replenished, leaving sellers in a more dominant position, according to data tracked by FalconX. The overall market depth has weakened amid the price rally. Yes, you...
Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T. Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January. (Hans Eiskonen/Unsplash) Bitcoin (BTC) is close to reaching $100,000, with prices hovering just over $99,000 after a recent...
A former SEC attorney who now represents blockchain companies, Goody Guillén would be "an instant change maker," said one token project founder. Donald Trump at BTC 2024 (Danny Nelson/CoinDesk) The Trump transition team is considering Teresa Goody Guillén, partner at law firm BakerHostetler and co-lead of its blockchain team, among several candidates to become the next SEC chair, industry...
The industry is hopeful, but the only crypto-ish thing he's done since the election is sell shirts with the DOGE dog. Donald Trump at Bitcoin 2024 in Nashville (Danny Nelson/CoinDesk) Donald Trump and the Republican Party at large had a strong 2024 election, winning the presidency, Senate and House. This almost certainly guarantees crypto legislation will advance and become...
“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast. Jumping. (Denny Luan/Unsplash) Bitcoin fell to $88,000 from a peak of $93,000 leading to $120 million in liquidations. The market is now pricing in a 66% chance of a...