Rockdale Mayor Ward Roddam tells in a letter how bitcoin revitalized his city. “We are on the threshold of a new economic renaissance,” said the mayor. Rockdale, a small town in the U.S. state of Texas, faced a serious economic disaster in 2008. It happened when the Alcoa aluminum plant, which had been the town’s … Read more
The CEO of X, Tesla and SpaceX appeared at a Trump rally to show his support. Harris has outperformed Trump in the Polymarket bet for short periods of time. Former President Donald Trump regained the lead over Vice President Kamala Harris at Polymarket, the cryptocurrency sportsbook, with a 51% chance of winning compared to Harris’ … Read more
A little more than a week has passed since Gary Gensler, the current president of the US regulator, and the other four commissioners of the US Securities and Exchange Commission (SEC), were rebuked before the Financial Services Committee of the Lower House of the Congress, and we already have the first fallen. Gurbir S. Grewal, … Read more
Tether, the issuing company of the popular USDT stablecoin, has recorded a substantial increase in its reserves so far in 2024, through investment in United States Treasury bonds. Tether CEO Paolo Ardoino said the company had a stronger relationship with the US government than any other stablecoin issuer. This, to the point of becoming your … Read more
A more favorable regulatory environment for the ecosystem is expected in 2025, regardless of who wins. For Coinbase, elections are the most important influencing factor for all markets. With the US presidential election awaiting in a month, financial markets could be more impacted by the political campaign. This includes bitcoin (BTC) and cryptocurrencies. In fact, … Read more
The United States Securities and Exchange Commission (SEC) continues to confuse the cryptocurrency industry, first by the methods it uses to classify most digital assets as securities, and now, by failing to present a key document to the appeal the decision of federal judge Analisa Torres who ruled, last year, that the sales of the … Read more
The bitcoin (BTC) and cryptocurrency market is currently facing new challenges to rise in price. “The recent war conflict between Israel and Iran has generated a new wave of uncertainty in global markets, significantly impacting the cryptocurrency ecosystem,” comments the analysis company Nodecharts. This is indicated in his report weekly published on October 3. Specifies … Read more
Joe Biden’s government continues its war against cryptocurrencies, businessmen say. User blocking is the most widely used in the face of the rise of regulatory scrutiny globally. Despite the apparent change in focus that United States President Joe Biden has shown in recent months, the intense regulation against the cryptocurrency sector that has marked his … Read more
The SEC seeks to appeal the final ruling handed down by U.S. District Judge Analisa Torres. It alleges that the decision conflicts with Supreme Court precedents and securities laws. The United States Securities and Exchange Commission (SEC) presented this October 2 an appeal to the decision of federal judge Analisa Torres who ruled, last year, … Read more
According to the historical behavior of bitcoin (BTC), it may be entering a bull market phase, motivated by 2 key factors. This is highlighted by the Brazilian investment company Hashdex. In a report on the matter, the company indicates that, since the first halving of the digital currency in 2012, BTC has followed a pattern … Read more