Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an outsized interest rate cut at the Federal Reserve's November policy meeting.


A super PAC aligned with former President Donald Trump’s campaign says it will spend $100 million on ads between now and Labor Day as Trump looks to recapture momentum that has faltered since Democrats coalesced around Kamala Harris as their presidential nominee.


Over half of the 50 largest cryptocurrencies by market capitalization are in the red following the biggest crypto sell-off in over a year.

The entire crypto market saw a $510 billion drop in total market capitalization.

Following the sell-off, over 60% of the top 50 cryptocurrencies lost all the gains made during 2024,


Multiple US officials across the region and in Washington told CNN that the US expects Iran to retaliate in the coming days – perhaps even within the next 24 hours – against Israel for Ismail Haniyeh’s killing.

But the US has struggled to gauge when the response will come and what form it will take, in part because Iran already moved some of the military assets necessary to carry out a major attack on Israel in April, making it more difficult for US intelligence to predict its actions now.


this event is to be deleted


The United States Air Force said it had reached a deal with Boeing (BA.N), opens new tab for the supply of E-7 Wedgetail airborne warning and control aircraft and downplayed concerns that the company's internal crisis would harm its ability to supply the Pentagon.
The provisional deal covers the rapid production of prototypes as the Air Force phases out E-3 Sentry or AWACS airborne warning and control aircraft, and follows reports of disagreements over the price for the 737-based Wedgetail plane


According to a new article from Axios, Kamala Harris is reportedly considering Michigan Senator Gary Peters as her running mate in 2024.

The news outlet claimed that the push to consider Peters is coming primarily from labor unions, and the addition of the Michigan Senator could strengthen the Harris ticket in the battleground state.

Axios said Peters is interested in taking the position and is currently trying to bolster support from his fellow Democrats for a potential vice presidential run.


Rising expectations that former President Donald Trump will regain the White House in November are supercharging the so-called Trump trade, on views that his policies will lift corporate profits even while spurring worries about the country’s long-term fiscal health.
The two sides of the trade have been evident in recent weeks, as investors price in greater odds of a win by the Republican challenger following a disastrous performance by President Joe Biden in a late June debate.


WASHINGTON, July 17 (Reuters) - The U.S. Commerce Department said on Wednesday it planned to award Taiwan's GlobalWafers (6488.TWO), opens new tab up to $400 million in government grants to significantly increase production of silicon wafers.
The funds for projects in Texas and Missouri would establish the first U.S. production of 300-mm wafers for advanced semiconductors and expand production of silicon-on-insulator wafers, the Commerce Department said.


Steven Fulop, the mayor of Jersey City since 2013, suggested he planned to allocate part of the city’s pension fund to crypto exchange-traded funds, or ETFs.

In a July 25 X Post, Mayor Fulop said the Jersey City pension fund was updating its paperwork with the United States Securities and Exchange Commission (SEC) to reflect an investment in Bitcoin
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 ETFs. Though the mayor did not explicitly state what percentage of the fund would be in crypto, he said it would be sim


The U.S. military intercepted several Russian and Chinese bombers in international airspace near the coast of Alaska Wednesday.

Two Russian Tu-95s and two Chinese H-6s entered what is known as the Alaska Air Defense Identification Zone, North American Aerospace Defense Command said in a statement Wednesday night.

The aircraft were "detected, tracked and intercepted," NORAD said. They remained in the Alaska ADIZ and did not enter U.S. airspace.


Bitcoin mining device with a hashrate of only 500 gigahashes per second (Gh/s) managed to mine a block on July 24, according to an X post from Bitcoin mining device retailer Altair Technology. The block is worth approximately $206,000 based on the current Bitcoin price.

“Congratulations to the miner who likely mined the first solo BTC block with a Bitaxe on @ckpooldev with ~500 Gh hashrate!” the post stated.


Digital asset manager Hashdex has taken another step in its proposal to offer a combined spot Bitcoin and Ether exchange-traded fund in the United States.

On June 24, the firm submitted an S-1 registration statement for its Hashdex Nasdaq Crypto Index US ETF, which will track certain cryptocurrency assets in the Nasdaq Crypto US Settlement Price Index — a daily closing value of the Nasdaq Crypto Index which measures the performance of a significant portion of the digital asset market.


Bitget has become Japan’s second-largest cryptocurrency wallet behind MetaMask, following a period of noticeable growth in the second quarter of 2024.

Bitget wallet’s new user adoption in the Japanese markets increased by over 34% during the second quarter of 2024. This makes Bitget’s wallet the second most popular among Japanese users after industry leader Metamask, according to an announcement shared with Cointelegraph.


As the spot Ether exchange-traded funds (ETFs) are about to see their first day of trading, asset manager Bitwise has pledged to donate 10% of its profits to Ethereum developers.

On July 22, the United States Securities and Exchange Commission (SEC) approved the final S-1 statements required for spot Ether
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 ETFs to launch on stock exchanges, including the Nasdaq, the Chicago Board Options Exchange and the New York Stock Exchange (NYSE).

As it debuts its ETF on the NYSE


One day after the Republican National Convention, new public calls for Biden to drop out from a dozen lawmakers – including Democratic Sen. Martin Heinrich of New Mexico and California Rep. Zoe Lofgren, a close ally to former Speaker Nancy Pelosi – grew the list of congressional Democrats to more than 30.


Bitwise Invest CEO Hunter Horsley reveals that a large bank in the U.S. is heavily investing in Bitwise spot Bitcoin ETF and other crypto ETFs. Spot Bitcoin ETFs are witnessing mainstream adoption and experts believe sovereign wealth funds, pension funds, and endowments will eventually accumulate later as they have a long due diligence timeline. Jane Street Group and Boothbay Fund Management have the largest holding in Bitwise ETF (BITB)


Bitcoin is now estimated to have on-chain daily volume of $46.4 billion, which is more than credit card giants Visa and Mastercard process each day.

Visa processes approximately $38.9 billion in daily transactions, and Mastercard processes around $24.7 billion, according to data from a recent CME report. The surging crypto market has sent bitcoin’s value up almost 50% year to date and cemented the cryptocurrency as a valid payments contender.

The recent influx into bitcoin was largely due to r


Nigerian cryptocurrency celebrity Linus Williams, popularly known as Blord, has been granted bail following three days in police custody.

The fintech CEO, who commands a significant following in the cryptocurrency community, was detained by the Cybercrime unit of the Nigeria Police Force over allegations of cryptocurrency fraud and terrorism financing linked to his companies.

Blord was arrested on Tuesday in Abuja, leading to a flurry of reactions from his supporters and the broader fintech c


In a landmark achievement, US Bitcoin spot exchange-traded funds (ETFs) have cumulatively netted over $17 billion in inflows, setting a new record.

According to data monitored by Farside Investors, the net inflows were driven primarily by BlackRock's IBIT, which alone accumulated $18.968 billion. Fidelity’s FBTC also contributed significantly, with net inflows of $9.962 billion


The recent rebound in Bitcoin prices has had a ripple effect across the crypto industry, notably boosting the stock prices of leading Bitcoin mining companies.

As Bitcoin surges past the $65,000 mark, firms like Marathon Digital (MARA) and Riot Blockchain (RIOT) are experiencing significant financial gains, highlighting the interconnectedness of cryptocurrency asset values and mining profitability.


1% better everyday.

That’s the mantra.

Chip away at the really big shit until you accomplish it.

Just keep showing up everyday and doing a little more.

Eventually you will break through.

Consistency is deadly.

I’m not sure anything in this world can stop a consistent person from accomplishing their goal.

It’s the ultimate superpower.


According to Shetty, the WazirX team is preparing a bounty program to incentivize individuals and entities to help freeze or recover the stolen assets. This program is part of their strategy to enhance their efforts in tracing the stolen funds.


The much-talked-about new regulations from South Korea’s financial security regulator, designed to protect users buying and storing crypto assets with virtual asset service providers (VASPs), came into force on July 19.

Titled the “Virtual Asset User Protection Act,” VASPs must take several steps to ensure the protection of user’s crypto, according to a July 17 statement from South Korea’s Financial Services Commission (FSC).


Caught up in the storm of price action and US politics, it’s easy to forget the Bitcoin technology landscape had its own breakout earlier this year. Now that things have cooled off over the summer, next week’s Open-Source Stage at Bitcoin Nashville is a good opportunity to survey the industry’s progress.

Looking at this agenda, this year’s stacked lineup should be able to provide some signal amidst the electoral chatter. To warm us up for what promises to be an absolute marathon of an event, I’


Tyler and Cameron Winklevoss, the entrepreneurial duo of Facebook fame and founders of the Gemini cryptocurrency exchange announced Thursday a $500,000 donation each in bitcoin to a super PAC supporting John Deaton, a pro-crypto lawyer looking to end Democratic Senator Elizabeth Warren’s twelve-year reign.


Google appears to be expanding access to its most advanced text-to-image AI model, Imagen 3. Originally announced last month with limited access, Google is believed to be planning early access to it for Gemini Advanced subscribers through a popup within the beta version of the Google app for Android.

Spotted through an APK teardown, the app's code reveals that Imagen 3 could become more widely available after its initial limited release. While there's no definitive way to confirm if the updated


Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence deal with Samsung also triggered scrutiny.

EU antitrust regulators will seek additional third-party views, EU competition chief Margrethe Vestager said on Friday. The moves underscore the unease among regulators worldwide on Big Tech leveraging its dominance into the new technology, echoing the companies' market power in other se


Amazon.com hired away artificial intelligence startup Adept's co-founders and some of its team in a move that echoes one by rival.

Microsoft as it seeks to battle a perception that it is playing catchup to its rivals in AI. Adept said in a blog post Friday that cofounder and CEO David Luan, as well as several other co-founders and employees were leaving to join Amazon.


Microsoft has relinquished its board observer position at OpenAI to alleviate concerns from U.S. and UK antitrust regulators about its influence over the AI startup amid the increasing popularity of generative artificial intelligence.

However, a source at the U.S. Federal Trade Commission indicated on Wednesday that this change is unlikely to address the FTC’s concerns. The agency is currently conducting an antitrust review of deals involving major tech firms and leading AI companies.


According to a study released by Lucidworks on Wednesday, manufacturers are implementing planned Generative AI initiatives more slowly than expected due to concerns about accuracy. The study, which surveyed over 2,500 global leaders involved in AI technology decisions, found that 58% of manufacturing leaders intend to increase their AI spending in 2024. This figure is lower than the global average of 63% and the U.S. average of 69%. In 2023, 93% of all leaders, including those in manufacturing,


Meta, in collaboration with Vodafone, has optimized short-form video delivery on 11 European mobile networks, freeing up capacity without affecting the viewing experience. Video demand on platforms like Instagram, TikTok, and YouTube is driving significant data growth, with video accounting for 73% of mobile traffic by the end of 2023. Despite telecom operators’ complaints about bearing upgrade costs while Big Tech benefits, an EU effort to have Big Tech contribute to 5G investment has stalled.


Japan’s Nikkei hit a record high on Tuesday as investors awaited Federal Reserve Chair Jerome Powell’s comments on potential rate cuts amid a cooling U.S. labor market.

EUROSTOXX 50 futures fell 0.3%, FTSE was flat, while S&P 500 and Nasdaq futures rose 0.2% and 0.3% respectively after Wall Street’s record highs on Monday.

The Nikkei surged 1.5% due to semiconductor gains, while the broader Asia-Pacific index was flat after reaching a two-year high. Taiwanese shares hit a record before droppin


China is leading the world in adopting generative AI, a new survey shows, the latest sign the country is making strides in the technology that gained global attention after U.S.-based OpenAI's ChatGPT launched in late 2022.
In a survey of 1,600 decision-makers in industries worldwide by U.S. AI and analytics software company SAS and Coleman Parkes Research, 83% of Chinese respondents said they used generative AI, the technology underpinning ChatGPT.


AMSTERDAM, July 8 (Reuters) - Chip buyers, including the German car industry, need the older generation computer chips that Chinese chipmakers are currently investing in, the CEO of equipment maker ASML(ASML.AS), opens new tab said in an interview with Germany's Handelsblatt newspaper published on Monday.
The remarks by Christophe Fouquet, who took over as CEO at Europe's largest tech firm in April, come as the European Commission has begun surveying firms including ASML for their views on Chine


WILMINGTON, Delaware, July 8 (Reuters) - A record $7 billion in attorneys' fees for three firms that successfully challenged Elon Musk's $56 billion Tesla pay package provides an incentive for lawyers to hold corporate boards accountable, an attorney for a company shareholder told a Delaware judge on Monday.
For more than six hours, legal teams for the company and a shareholder sparred over how much to award to three law firms which represented Richard Tornetta, who owned nine shares of Tesla wh


Leading Filipino crypto exchange Coins.ph has launched its Philippine Peso stablecoin, PHPC, on the Ronin blockchain.

In a Monday post on X, the exchange, which boasts an impressive user base of over 18 million, revealed it has obtained approval from the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines, to pilot PHPC under the BSP’s Regulatory Sandbox Framework.

PHPC is a stablecoin specifically designed to be pegged to the Philippine Peso, with each token fully backed by


Digital asset investment products have seen inflows totaling $441 million amid the recent sell-off by Mt. Gox and the German government.

According to a Monday report by CoinShares, the inflows came as investors saw the price weakness driven by Mt. Gox and the German government’s selling pressure as a buying opportunity.

The report noted that while volumes in exchange traded products (ETPs) remained relatively low at $7.9 billion for the week, in line with the typical seasonal pattern of lower


Japan’s crypto use will stay among the highest in the world, with the number of people trading crypto daily rising from 350,000 to around 500,000 by the end of this year, according to a Bitget study.

This places Japan’s market size between those of Turkey and Indonesia. It’s also about two-thirds the size of South Korea’s market. This strong adoption in Japan can be attributed to the government’s forward-thinking regulations that encouraged the industry’s growth.

New regulations focused on com


Washington
CNN
 —
President Joe Biden told congressional Democrats in a letter on Monday that he will continue his reelection bid despite mounting concerns about his mental fitness and the viability of his campaign, while also hitting back at party “elites” in an interview ahead of a critical week on Capitol Hill.


After facing a massive sell-off in June, Bitcoin might have potentially reached a local bottom, according to a new report by analysts from the Bitfinex exchange.

Bitcoin’s
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 price plummeted below the 120-day range on July 3, dropping to as low as $53,219 amid the increasing fear, uncertainty and doubt related to the start of Mt. Gox’s creditor repayments and other issues.

Bitfinex analysts suggested on July 8 that Bitcoin might have reached a local bottom based on mark


The German government has transferred over 3,000 Bitcoin since 11:11 am UTC, bringing the total BTC volume moved by the government over the last 24 hours to a five-figure amount.

The transactions continue the Bitcoin
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 sell-off trend set by the German government since June 19 despite parliamentary members like the German lawmaker and BTC activist Joana Cotar urging it to “refrain” from doing so.

Cotar urged the government to stop its “hasty disposal of state-owned Bitco


Bitcoin miners have what artificial intelligence purveyors need: power. A number of the long-suffering mining companies now find themselves with the opportunity to sell data-center services to free-spending AI customers thanks to their access to electricity.

Many of the miners have built their operations to take advantage of inexpensive commercial power in places like Texas and North Dakota. AI providers need a lot of juice—a ChatGPT query takes 10 times the energy of a Google search—and 14 pub


Bitcoin mining firm TeraWulf says it would consider a merger if there’s an opportunity to widen profit margins — but not if it’s merely for “empire building,” according to its chief strategist.

It comes amid expectations of more mergers and acquisition (M&A) offers in the mining sector following the latest Bitcoin halving.

“We will certainly consider inorganic growth opportunities through M&A [but] expanding merely for growth’s sake, or empire building, without considering profitability makes


Metaplanet KK has expanded its cryptocurrency portfolio by purchasing an additional 42.466 Bitcoins at an average price of 9,419,300 yen each, totaling 400 million yen. This latest investment increases their total Bitcoin holdings to 203.734 Bitcoins, with the aggregate amount spent on Bitcoin now reaching 2.05 billion yen.


Black churchgoers give Biden warm welcome
Biden faces calls to end reelection bid after debate performance
Senior House representatives tell leadership Biden should step aside
Some Democrats suggest Kamala Harris could replace Biden if he steps down
Biden dismisses calls to drop out


When salt solutions evaporate, deposits of intricate and often beautiful crystallisation patterns are formed which may seem random and unpredictable. But now a machine learning technique has shown how images of such patterns from aqueous inorganic salt deposits can be used to predict their chemical composition. The approach could find various uses from space exploration to deposit-identifying smartphone apps.


Elon Musk's Texas Tesla Gigafactory is expanding to contain an AI supercomputer cluster, and Supermicro's CEO is a big fan of the cooling solution. Charles Liang, founder and CEO of Supermicro, took to X (formerly Twitter) to celebrate Musk's use of Supermicro's liquid cooling technology for both Tesla's new cluster and xAI's similar supercomputer, which is also on the way.


In 2019, Donald Trump described Bitcoin as “very volatile” and based on “thin air” and displayed notable skepticism towards cryptos. But on the eve of the 2024 elections, the former president has drastically changed his tune. Facing an ever-changing economic and political landscape, Trump now views Bitcoin as a strategic reserve for the United States. This surprising about-face could redefine not only the electoral campaign but also the financial future of the country. As Trump seeks to rally yo


Shiba Inu’s team issued a critical warning of a potentially compromised Telegram group.
The cryptocurrency industry is a dynamic one with many exciting developments happening daily.

However, it’s also oftentimes a target for hackers and wrongdoers who are looking to exploit the inability of novice users to safe keep their crypto.

This is especially true for the meme coin sector.

That said, Shiba Inu (SHIB) is one of the most popular meme coins and it boasts a huge community.

LUCIE, the proje


Amid rising demands from fellow Democrats for him to end his re-election campaign, U.S. President Joe Biden on Saturday showed no indication of stepping aside following two defiant public appearances the previous day.

At 81, Biden is encountering a gradual revolt from congressional Democrats and influential donors worried about his ability to defeat Republican Donald Trump, 78, in the upcoming Nov. 5 election.

A highly anticipated interview with ABC News, which aired Friday evening, did little


CNN
 —
President Joe Biden’s dismal showing at the CNN presidential debate against former President Donald Trump resonated around the world, with foreign diplomats expressing shock and concern while raising questions about the implications for a consequential US election that could upend the foreign policy status-quo should Trump be elected again.


The Floki Inu memecoin project has warned users and the broader cryptocurrency community about ongoing scams involving unauthorized tokens falsely associated with its brand. The fraudulent tokens have surfaced on the Solana and Base blockchains, misleading investors.

The official X account of Floki Inu took to social media to alert its followers about the scam tokens. It highlighted that the legitimate Floki Inu (FLOKI) token is exclusively available on the BNB Smart Chain and Ethereum networks


Nigeria’s crypto community has praised Europe’s Markets in Crypto-Assets Regulation (MiCA) stablecoin rules as a positive development, saying it is important for jurisdictions to prioritize their interests regarding crypto projects, thereby protecting their local currencies.

In an interview with Cointelegraph, Nigerian data and policy analyst Obinna Uzoije shared his thoughts on what the Economic Community of West African States (ECOWAS) can learn from Europe’s MiCA. He highlighted the numerous


Nevada database glitch showing voters cast ballots when they didn’t is evidence that voting by mail is “the largest source of potential voter fraud.”


The approval of spot Solana exchange-traded funds (ETFs) in the United States has the potential to drive the price of SOL up 9x, according to crypto market maker GSR Markets.

In a recent report released on June 27, GSR Markets identified Solana as one of “crypto’s big three” and examined the likelihood of Solana becoming the next spot cryptocurrency ETF to receive regulatory approval in the US.

The report coincided with VanEck’s filing to launch a spot Solana ETF, which took many by surprise.


A joke cryptocurrency token based on Joe Biden plummeted on Friday after the incumbent president debated Donald Trump in their first presidential debate of the election cycle on Thursday.

Following the debate, the Jeo Boden (BODEN) coin plunged over 32% to trade around $0.08, CoinGecko data showed.

Biden’s performance at the debate can be described as substandard, at best. He seemed winded, rushing through facts with jumbled speech and missed words. He even spoke incoherently at times.

Appare


Between December 21, 2023, and January 29, 2024, we surveyed 30,460 individuals aged 18 and older across all 50 states plus the District of Columbia. We included feeling thermometers for Israel, Palestine, Jews, and Muslims, asking people to separately rate how they feel about each group on a 0 to 100 scale. Every demographic group rated Jews higher than Israel and Muslims higher than Palestine. Our findings reveal that young Americans, especially Democrats, rate Israel much less favorably than


WASHINGTON, June 27 (Reuters) - Democratic U.S. President Joe Biden and his Republican rival Donald Trump took the stage on Thursday night for a debate that offered voters a rare side-by-side look at the two oldest candidates ever to seek the U.S. presidency.
Here are some of the major takeaways:
HOARSE AND BUGGY

Viewers learned little new about where both candidates stood on the main issues, but arguably that is not why many tuned in.
The leading question going into the debate was how the two


The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000).


In the editorial, Morgenstern emphasizes that Trump’s campaign is particularly compelling to BTC and crypto advocates, in general, drawing parallels with global pro-bitcoin leaders, which underscores his dedication to a decentralized financial ecosystem. Meanwhile, Morgenstern critiques the Biden administration for its adversarial stance towards the cryptocurrency industry, highlighting initiatives like “Operation Choke Point 2.0” and proposals for prohibitive taxes on BTC mining


In the nearly two-hour long presentation at Apple's annual developer conference, executives including CEO Tim Cook touted how voice assistant Siri would be able to interact with messages, emails, calendar, as well as third party apps. Siri will be able to write emails and change the tone of voice to suit the occasion.


The alert comes after agencies, including the Cyber Security Agency of Singapore, the Singapore Police Force and the Personal Data Protection Commission, recently received several complaints from victims of the cyberattack.

Primary targets of Akira ransomware

Prior investigations conducted by the United States Federal Bureau of Investigation found that Akira ransomware has been targeting businesses and critical infrastructure entities.


Over 100 former US law enforcement officials penned a letter to Secretary Blinken, calling on the State Department to take stronger action to free Tigran Gambaryan, a Binance executive detained in Nigeria.

It comes just a day after 16 members of Congress sent a similar letter, adding to the State Department’s pressure.

The letter highlighted Gambaryan’s role as a family man with two young children. It also points to his decade-long US Internal Revenue Service Special Agent career. Axios report


Solana-based GME coin (GME), a memecoin paying tribute to the 2021 short squeeze of GameStop and not to be confused with GME stock, has surged by over 150% in the past 24 hours to reach $0.029 on June 7.

Interestingly, the price exploded after Keith Gill, also known as Roaring Kitty, announced his return to YouTube on June 7 after a three-year hiatus.


President Joe Biden on Friday summoned Americans to a defense of democracy, calling on the ideals of the Army Rangers who scaled the cliffs of Pointe du Hoc 80 years ago to warn against a drift toward authoritarianism and drawing an implicit contrast with rival Donald Trump.


Binance is “working as collaboratively as we can” with the Nigerian government to secure the release of its jailed financial crimes investigations chief, Tigran Gambaryan, the exchange’s chief compliance officer Noah Perlman said Wednesday.


CoinDesk caught up with Mersinger to discuss the Cain and Abel rivalry between the CFTC and U.S. Securities and Exchange Commission (SEC), how her agency decides which enforcement actions to pursue and her views on a variety of issues, including the CME possibly getting into the spot bitcoin market, the emerging world of betting markets and Washington D.C. traffic.


The timing of the bull run remains a mysterious and highly debated topic. Predictions about its onset, current status, and conclusion are constantly made and speculated upon. Currently, BTC is trading at $66,900, showing a 10% increase in value against the U.S. dollar over the past week. This price is approximately 10% below the all-time high of $73,794 per unit, reached on March 14, 2024. Some believe that the peak has already been reached and no further highs are expected, while others argue t


On May 16, 2024, a majority of lawmakers in the United States Senate passed a Congressional Review Act (CRA) to review the Securities and Exchange Commission (SEC) Staff Accounting Bulletin No. 121 (SAB 121).

U.S. Senators passed H.J.Res. 109 with 60 to 38 votes, an exceptional rate for the U.S. Congress.

In addition to the outstanding support for H.J.Res. 109, the vote was highly bipartisan, 51-49 in favor of Democrats. According to Senator Cynthia Lummis, the vote represented a new mileston


Crypto exchange Kraken is planning for all ‘eventualities’ after portions of MiCA regulations go into effect this year.
This could include pulling Tether from its European market, a Kraken executive said.
Kraken may follow OKX, which pulled Tether trading pairs in Europe in March as stablecoin regulation loomed.


UNI was trading around $11.60 ahead of the Wells Notice and plummeted in the aftermath.
It has found its footing at just over $7 but hasn’t shown much of a rebound.
This is an excerpt from The Block’s Data & Insights newsletter.


The White House is not pleased over French President Emmanuel Macron’s decision to invite a representative of Russia’s government to attend next month’s celebration of the 80th anniversary of the D-Day invasion, two administration officials told POLITICO.


Gov. Sarah Huckabee Sanders assumed a podium on a recent spring morning in Arkansas, her familiar voice instantly evoking her pugnacious press conferences under Donald Trump. That day, there were no reporters to spar with, nor culture wars to wage, only a few dozen Arkansans who’d come to applaud millions in ongoing state grants for playgrounds and parks. “When my kids were younger, we could plan a huge trip just to find out that our kids would prefer to actually play on a jungle gym or a swing


Donald Trump has fixated on the idea he can expand the map in a general election that’s likely to be decided in six swing states. He has touted his rally attendance in New Jersey as evidence that he could flip the deep-blue stronghold. And he has mused about winning Virginia.


Sen. Elizabeth Warren’s anti-cryptocurrency crusade is facing pressure from her own party.

Dozens of Democrats, including Senate Majority Leader Chuck Schumer, have broken with her in recent days and supported an effort to undo SEC guidelines that critics say discourage banks from holding digital assets. The Democrats defied not only Warren, but also President Joe Biden, who is threatening to veto the rollback. The rift may grow further next week when the House takes up sweeping, industry-backe


South Korean retail investors were piling into local digital-asset exchanges in greater numbers well ahead of the global crypto boom that drove prices to record highs in early 2024.

Active users of registered exchanges in the country increased by 390,000 to 6.45 million by the end of 2023, according to the semi-annual report on crypto-asset businesses published by the Korea Financial Intelligence Unit (KOFIU).


On May 15, Thomas Massie, a Republican member of the United States House of Representatives, posted on X, inquiring whether he should introduce legislation to abolish the U.S. Federal Reserve. The poll garnered over 115,000 votes, with a significant 86% majority opting to “end the Fed.”


Antonio Juliano, the founder of decentralized crypto exchange dYdX, is stepping down as CEO of the main company responsible for building the major crypto trading platform.
In a blog post Juliano said he will become chairman and president of dYdX Trading Inc. Ivo Crnkovic-Rubsamen takes over as its head.


Billionaire investor and “Shark Tank” star, Mark Cuban, has taken to social media to voice his concerns about the U.S. Securities and Exchange Commission’s (SEC) approach to cryptocurrency regulation. In a series of posts, Cuban criticizes the SEC for stifling innovation and causing harm to businesses in the crypto industry. He contrasts the U.S. regulatory environment with that of Japan, which he praises for its supportive stance towards cryptocurrencies.


Veteran trader and renowned chartist Peter Brandt has forecasted a severe crackdown by the U.S. Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC), and the U.S. Treasury on cryptocurrency staking.


The initial proposal by Ark Invest, led by prominent investor Cathie Wood, and 21shares had outlined a plan where the trust could engage in staking—leveraging assets to support network operations and earn rewards. Staking, a common practice in the operation of blockchain networks like Ethereum, allows participants to earn rewards, typically in the form of cryptocurrency, for validating transactions and supporting the network’s security.


The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief descriptions, after which X’s AI systems will quickly generate a relevant user pool for that target. Concerns were raised about the AI’s accuracy in identifying the correct audiences and the potential for perpetuating biases


Stand With Crypto – an advocacy group started by Coinbase last year – will start gathering cash from more than 400,000 members to give to favored congressional candidates.


The UK government has revoked the student visa of a Palestinian student who lost relatives in Gaza after she spoke at a demonstration at the University of Manchester.

Dana Abuqamar, a law student who heads the Friends of Palestine Society at the University of Manchester, said the UK government revoked her visa on “national security” grounds, after claiming she was a risk to public safety.


Unlike paid shills of yore, "key opinion leaders" invest in the projects they promote on social media. In return for buzz, they can sell tokens sooner than other investors.


QCP Capital, one of the largest options trading desks for digital assets, won initial approval to operate in Abu Dhabi, becoming the latest crypto firm to expand in the Middle East


The stablecoin already enjoys a dominant position in stablecoins and its integration with the TON (Telegram) network could boost it further, says Sylvia To, head of partnerships and token research at Bullish.


less than four weeks, independent presidential candidate Robert F. Kennedy Jr. will take the stage in Austin, TX, at Consensus 2024, the world’s largest, longest-running, and most influential gathering that brings together all sides of the crypto and Web3 community. As an environmental lawyer, scion of a Democratic political dynasty, and now maverick presidential candidate, Kennedy will explain his support for cryptocurrency and self-custody.


Second gentleman Doug Emhoff on Monday will host a half-dozen Jewish students from colleges around the country amid a wave of pro-Palestinian campus protests criticized for featuring antisemitic behavior.


German state-owned development bank Kreditanstalt für Wiederaufbau (KfW) has announced the issuance of its first blockchain-based digital bond.

This project is a significant step towards integrating crypto technology into traditional finance to transform the German bond market.


Revolut announced its new Revolut X crypto trading platform for U.K. retail users, which it claims will offer fixed low fees and easy fiat-to-crypto conversion.


According to current metrics, older bitcoin mining rigs are not generating the same revenue as they did before the halving, particularly with the hashprice at approximately $0.056 per terahash per second (TH/s) per day. On April 25, Luxor Technologies reported a significant decline in the prices of application-specific integrated circuit (ASIC) bitcoin mining rigs, highlighting that two specific models experienced price reductions ranging from 28% to 35%.


A yellow notepad with “Buy Bitcoin” written on it, which was flashed behind then-United States Federal Reserve Chair Janet Yellen during a 2017 congressional hearing, has sold at auction for 16 Bitcoin
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$64,272
 — over $1 million.


Stacks ,an L2 protocol addressing Bitcoin’s scalability challenges and expanding its blockchain functionalities, initiated its Nakamoto upgrade on April 22, 2024. This development is set to provide developers with enhanced tools for creating smart contracts and applications, leveraging Bitcoin’s strong infrastructure. According to the Stacks team, this upgrade is a strategic move to extend Bitcoin’s utility beyond its traditional role as a digital store of value.


Cathie Wood’s retail army has gone AWOL all year – even in her best-performing exchange-traded fund.

Despite a 27% rally in its biggest holding, Coinbase Global Inc., spurred by the great crypto revival, the ARK Fintech Innovation ETF (ticker ARKF) is flat this year compared to the S&P 500’s 5% gain and the tech-heavy Nasdaq’s 3% rise


The FTC’s Non-Compete Ban Is Good for the Crypto Industry
Employment contracts that stop free movement of labor conflict with an innovative industry’s open-source ethos, says Linda Jeng, CEO of Digital Self Labs, a Web3 advisory firm


ViaBTC sold the fourth ever “epic sat” for over $2.1 million less than a week after mining it during the Bitcoin halving.


Worldcoin’s developer, Tools for Humanity, wants to partner with PayPal and OpenAI, Bloomberg reports.
However, it’s unclear how far along the partnerships are or what exactly would come of them.
Nearly 5.1 million Worldcoin users in 120 countries scanned their irises in exchange for the cryptocurrency WLD.


Natix, a DePIN project focused on mapping data, has raised $4.6 million ahead of its token launch and airdrop on Solana.
The project has earmarked 1 billion tokens for airdropping to users.