The cryptocurrency sector has reportedly stockpiled a massive amount of funds for this year’s election. The latest cash injection comes from Coinbase, which has just given $25 million to crypto political action committee (PAC) Fairshake, Coindesk reported Monday (June 3). “When it comes to our mission of increasing economic freedom by growing the adoption of cryptocurrencies, we are
Crypto can feel stale these days as the same names talk about the same old things. That’s why it’s refreshing to meet Jesse Pollak, the Coinbase engineer who built the company’s popular Base blockchain. Pollak stands out because, unlike the recent influx of folks from Wall Street and Washington, D.C., looking to make a buck,
President Joe Biden has vetoed a resolution limiting the Securities and Exchange Commission’s (SEC) authority over the cryptocurrency sector. Biden announced the veto Friday (May 31) evening, saying that the legislation would have constrained regulators’ ability to put up guidelines for the crypto industry. “Appropriate guardrails that protect consumers and investors are necessary to harness
Updated Jun 2, 2024, 16:41 IST Prominent players such as OKX and Bybit have withdrawn their bids for permits, signaling a mixed response from the industry. Surprisingly, Binance Holdings, the world’s largest exchange, along with major platforms like Coinbase Global and Kraken, opted not to apply for licenses. Hong Kong’s Shift to Digital Assets (Image
For those unfamiliar with cryptocurrency, this is a major milestone in Asia and across the world as it opens the road for adoption and investment in cryptocurrency, moving the asset class from niche to mainstream. Although the US allowed spot bitcoin ETFs in January, it only recently approved applications to list spot ether ETFs; a
VanEck CEO Jan van Eck sees a major sentiment shift underway in the cryptocurrency market linked to the U.S. Securities and Exchange Commission’s approval of a rule change allowing for Ethereum exchange-traded funds. “This is really one of the most amazing things that I’ve seen in my career with respect to securities regulation,” van Eck
In the constantly changing environment around cryptocurrencies, investors are actively seeking shares that will bring them high profits as soon as possible. Some of the investments are long-term, but who does not love getting big returns within a short time in the crypto market? In its very nature, the market is full of potential opportunities
The cryptocurrency world is full of fantastic surprises. While one may find it hard to maneuver the trends that this domain keeps introducing to the world, if mastered once, this vertical is capable of enriching lives and generations to their fullest. There are certain coins rife in the vertical that harbor a robust infrastructure. These
As the US economy shows signs of degradation with rising US debt metrics in the mix, the US dollar is bearing the implications of it all. The USD is now being dubbed a currency slowly inching towards its demise. With countries ready to gnaw at the US dollar’s reserve currency status, the American currency is
With the Bitcoin price having already seen a massive rally over the past year, crypto investors have turned their attention to altcoins. This is because altcoin season usually comes after Bitcoin finishes rallying and they present more potential for upside. Ahead of the second leg of the crypto bull market that is suppose to happen