Senator Marsha Blackburn to Speak on Importance of BTC, Digital Assets for US Economy at Bitcoin Policy Summit in Washington D.C.
Marsha Blackburn is speaking at the Bitcoin Policy Summit, focusing on digital asset policy and Bitcoin's future direction in the US.
Blackburn co-sponsored an amendment for cybersecurity data sharing in the crypto industry, highlighting the importance of regulatory measures in the space. [ more ]
MicroStrategy Now Holds $13.6B Worth of Bitcoin, 1% of Total Circulating Supply: Canaccord
MicroStrategy cut its price target to $1,590 from $1,810 after acquiring more bitcoin and reporting a net loss due to digital asset impairment charges. [ more ]
MicroStrategy Q1 Operating Loss of $53.1M After Bitcoin Holdings Impairment Charge of $191.6M
MicroStrategy reported a net operating loss due to a digital asset impairment charge in Q1 despite the significant increase in bitcoin's value. [ more ]
White House Eager To Work With Congress On Crypto Framework Bill
FIT 21 aims to establish clear guidelines for digital assets, addressing regulatory uncertainties and fostering innovation while ensuring consumer protection. [ more ]
South Africa's Election Won't Interfere With Crypto Policy: Industry Watchers
South Africa introduced a licensing regime for crypto and plans to issue 60 licenses soon, with the community confident that politics won't impede digital asset plans. [ more ]
The cryptocurrency industry has long complained about a lack of legal clarity from regulators regarding digital assets.
Prometheum's decision to custody ETH as its first digital asset raises questions about compliance with the SEC and the classification of ether. [ more ]
How Bitcoin ETFs Are Changing the Risk-Reward Ratio for Institutional Investors
The rollout of spot bitcoin ETFs in the U.S. has positively impacted the digital asset industry, attracting retail investors and reigniting institutional interest. [ more ]
Ledn First-Quarter Loans Top Record $690M as Lending Market Snaps Back
Ledn processed $690 million in loans in Q1, with 84% to institutions. Loan book doubled since Nov 2022, attributed to spot bitcoin ETF approval in the U.S. [ more ]
Second of only Four Bitcoin "Epic Sats" Found by a Binance User
Epic Sats are rare, valuable satoshis from the first of each Bitcoin halving era, fetched high prices at auction, and are comparable to winning the lottery. [ more ]
Ether Holds Up Despite Correction in CoinDesk 20: CoinDesk Indices Market Update
The CoinDesk 20 index fell by 6.8% in the last week, with all 20 assets in the index trading lower, influenced by the lackluster debut of spot bitcoin and ether ETFs in Hong Kong. [ more ]
Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
Franklin Templeton enabled peer-to-peer token transfers for its money market fund, BENJI, enhancing connectivity in the digital asset ecosystem. [ more ]
Why Creative Fabrica is My Go-To Resource for Blogging and Online Store Needs - Motherhood Life Balance
Creative Fabrica offers high-quality digital assets and affordable subscription plans for bloggers, content creators, and online store owners. [ more ]
Bitcoin Plunges to $66K, Altcoins Tumble 10-15% on Ugly Day for Risk Assets
Cryptocurrencies tumbled as traditional market sentiment shifted, impacted by geopolitical risks, leading to significant losses in various digital assets. [ more ]
Asset Manager Abrdn, Crypto Exchange Archax Strive for Pole Position in Race to Tokenize TradFi
UK investment firm abrdn and regulated exchange Archax are collaborating to tokenize traditional assets, starting with an institutional-grade money-market fund token.
The tokenized tranche of the abrdn fund, which uses the Hedera Hashgraph ledger, is available for as little as $5,000, potentially attracting new investors. [ more ]
Financial technology firm Figure Technologies is preparing for an IPO of its lending division, LendCo, by hiring investment banks including Goldman Sachs and JPMorgan.
Figure Technologies seeks to raise $50 million for its digital asset arm, led by CEO Mike Cagney.
Figure Technologies previously attempted to go public through a SPAC merger and a merger with Homebridge Financial Services, both of which fell through due to various factors. [ more ]
IBM Introduces New Cold Storage Tech for Crypto Assets
IBM has released the IBM Hyper Protect Offline Signing Orchestrator (OSO) to enhance security for handling digital assets in cold storage.
The new technology helps protect high-value transactions by offering additional security layers, disconnected network operations, and electronic transaction approval. [ more ]
In today's ExchangeWire news digest: Coinbase faces legal action for violating US securities law; Spotify cuts 200 jobs as it revises its podcast offerings; and new data indicates funding for European start-ups will decline 39% this year.Coinbase sued for crypto brokering The Securities and Exchange Commission (SEC) has sued Coinbase, accusing the company of violating US securities laws.
In today's ExchangeWire news digest: Coinbase faces legal action for violating US securities law; Spotify cuts 200 jobs as it revises its podcast offerings; and new data indicates funding for European start-ups will decline 39% this year.Coinbase sued for crypto brokering The Securities and Exchange Commission (SEC) has sued Coinbase, accusing the company of violating US securities laws.
MarTech's metaverse marketing experts to follow | MarTech
The metaverse.Immersive reality.Virtual reality.We still haven't 100% agreed on what to call this digital experience channel.That may be because they are the future of online life and we don't know exactly what that future will look like.Whatever you call it, it's already an essential part of life online with 400 million people using versions of it monthly for games, conferences, concerts and more, according to one study.
It would be an understatement to say the commerce landscape changed significantly over the last few years.Thanks to a shift towards digital at the start of the decade, prompted by the Covid-19 pandemic, e-commerce has boomed: this year, 20.8% of retail purchases are expected to take place online.By 2026, this figure is forecast to rise to 24%, with global e-commerce sales expected to surpass USD$8bn (~£6.4bn).
TikTok Restructures E-Commerce Business; IOSCO Proposes Global Crypto Regulation
In today's ExchangeWire news digest: TikTok readjusts its e-commerce business in a bid to break out of Asia; the IOSCO reveals a proposed global approach to crypto regulation; and Twitter accuses Microsoft of inappropriately harvesting data from the platform.TikTok has adjusted its e-commerce business in an effort to crack western markets such as the UK and the US.
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
Good morning.Here's what's happening:
Prices: Despite market uncertainties affecting bitcoin and ether prices, traders in Asia remain optimistic due to clearer regional cryptocurrency regulations.Insights: GrumpyCat, a meme coin, is set to face legal confrontations due to its unauthorized use of trademarks.