“The Trump/Vance ticket has publicly endorsed digital asset reform, Republican control of the Senate would be important for passing bills like FIT21 and confirming pro-crypto agency leaders,” analysts led by Peter Christiansen wrote, adding that “the pace of digital asset reform would likely move faster with both chambers of Congress aligned.” Source
The ratio’s present price pattern resembles late 2020. Source
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending. Source
Thus, the surge in these risky loans is noteworthy as it can lead to a liquidation cascade. In this self-reinforced process, a series of liquidations happen quickly, lowering crypto prices. That, in turn, causes further liquidations and increased market turbulence. Source
“Currently the collateral of choice on Aave V3, Spark, and MakerDao, 1.3 million stETH, 598,000 stETH, and 420,000 stETH, respectively, are locked into those protocols and used as collateral to issue loans or crypto-backed stablecoins,” it added. Source
“Kalshi has taken the decision as carte blanche to list dozens of election betting contracts, including bets on the outcome of the presidential election, the winner of the popular vote, margins of victory, which state will have the narrowest margin of victory, and bets on numerous other state and federal elections,” the filing said. “Kalshi’s website previews other contracts, including what it refers to as ‘parlays’ (a term used in sports betting) on various election outcomes, as ‘coming soon.’” Source
The project will now be know simply as “World” and plans to release “Orb 2.0,” the executives said during a presentation. Source
On Jan. 9, a post on SEC’s X declared “approval for #Bitcoin ETFs for listing on all registered national securities exchanges,” causing bitcoin to quickly jump $1,000 in price. The cryptocurrency then cratered $2,000 when the SEC regained control of its account, deleted the post and declared it false. Source
Longer term, these assets represent, in the eyes of many, the future of finance. Bitcoin has a unique position here, as the largest, oldest, and, in many ways, simplest cryptocurrency. It exists mainly just to be sent from one address to another, with constrained supply, a 15-year track record of security and a powerful network. It is a store of value, one that is still young and under-adopted but one that has faced and survived anything the global financial universe has thrown at it. It remains a great place to…
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so. Source