Adam Shawn

“Biden doesn’t even know what it is. If you ask Biden, ‘Sir, are you for or against crypto?’ he’ll say, ‘What’s that? Get me off the stage.’ He has no idea,” Trump said. Whether or not that somewhat plausible presumption is true, Trump followed up with an attack on Gensler, an official well-versed in crypto. … Read more

“The most amazing thing about bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves—everyone who puts any effort in to make it better—is making the entire ecosystem better, which makes the price go up,” he said. SOURCE

The current period resembles the action from April through September of 2023 when bitcoin was stuck in the $25,000-$30,000 range for an excruciating six months. Eventually, cryptocurrencies were able to sustain a multi-month rally, with BTC ultimately hitting an all-time high in March of this year. SOURCE

The bill, which had also been approved by the House Agriculture Committee, is the “culmination of years of bipartisan efforts to finally provide clarity,” said the North Carolina lawmaker, who is retiring from Congress at the end of the year and made crypto legislation one of his priorities on his way out. SOURCE

“Coinbase remains unable to advance a single, coherent version of this theory, which it now claims presents a controlling question,” the filing said. “This is unsurprising – in eighty years ‘no court’ has ever required post-sale ‘contractual undertakings’ or anything beyond the three factors expressly enumerated by the Supreme Court in Howey.” SOURCE

To make it brief, in the days leading up to FTX’s bankruptcy on Nov. 11, 2022, SBF was frantically trying to shore up a gigantic hole in his company’s balance sheet by raising funds basically from anyone he could. This reportedly includes everyone from Silicon Valley VCs, Saudi money men and even SBF’s archrival ex-CEO … Read more

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CoinDesk 20 tracks top digital assets and is investible on multiple platforms. The broader CMI comprises approximately 180 tokens and seven crypto sectors: currency, smart contract platforms, DeFi, culture & entertainment, computing, and digitization. SOURCE