Anthony Scaramucci Backs Michael Saylor’s Preferred Stock Bet: ‘This Is His iPhone Moment…Has Set The Clock On Global Adoption’
Anthony Scaramucci, the founder and managing partner of SkyBridge Capital, labeled Strategy Inc.‘s (NASDAQ: MSTR) preferred stock issuance an “iPhone moment” that would trigger widespread Bitcoin (CRYPTO: BTC) adoption. Setting The ‘Clock On Global Adoption’ In an X post, Scaramucci said that Strategy’s high-yield instrument, Perpetual Stretch Preferred Stock (NASDAQ: STRC), has...
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SEC Chair Paul Atkins proposes crypto exemptions framework to ease compliance burden
US Securities and Exchange Commission Chair Paul Atkins has proposed a “safe harbor” framework aimed at easing regulatory pressure on crypto firms while keeping them within the federal oversight structure. Speaking at the DC Blockchain Summit in Washington, Atkins said,…...
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SEC Finally Clarifies That Most Crypto Assets Are Not Securities
The SEC issued an interpretation on Tuesday clarifying how federal securities laws apply to certain crypto assets and transactions involving cryptocurrencies. This is a “major step in the Commission’s efforts to provide greater clarity regarding the treatment of crypto assets,” it stated. The guidance also “complements Congressional endeavors to...
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XRP Adoption Milestone: Holders Cross 7.7M For First Time In History
On-chain data shows the total number of non-empty XRP addresses has set a new all-time high alongside a 5-week high in network activity. XRP Total Amount Of Holders Is Sitting At A Fresh Record As pointed out by on-chain analytics firm Santiment in a new post on X, XRP...
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Dogecoin Tweets ‘Much Gold, Very Lucky’ While Bonk Wishes Everyone A ‘Happy St. Patrick’s Day From the Dog’ (CORRECTED)
Editor’s Note: The headline in this story has been updated for accuracy. Dogecoin’s (CRYPTO: DOGE) official X account celebrated St. Patrick’s Day on Tuesday with a fun post featuring its Shiba Inu mascot decked out in green. Canines In Festive Mood The X post showed an adorable Shiba Inu...
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Ripple Unveils New Offerings For Banks and Fintechs In Brazil, Eyes Key License
Ripple has announced plans to expand operations in Brazil, South America’s largest economy, aiming to improve its digital asset services in the country and obtain a key license from Brazilian regulatory authorities. The company revealed that it is now the only provider in the region capable of addressing a...
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Bitcoin Is Showing A Major Deviation From 2022, Analyst Says This Is A Different Foundation
A crypto analyst has revealed that Bitcoin (BTC) could be entering a cycle that looks very different from the one that led to the sharp 2022 downturn. The analyst’s chart review suggests that the current bull market is developing on a stronger foundation, reinforcing the possibility that future corrections...
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Stratton wins Illinois Senate primary, defeating crypto-backed Krishnamoorthi
Lieutenant Governor Juliana Stratton is now likely to be the next Senator from Illinois, after defeating Rep. Raja Krishnamoorthi, who enjoyed major backing from crypto PAC Fairshake....
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Bitcoin: An Unfortunate Pattern [Update]
It can be tough to be objective in Bitcoin bear markets, especially during countertrend rallies. In this video we look at stablecoin dominance and how it can be useful for understanding the market. My march newsletter is out, discussing how risk cascades through markets. You can read it here:...
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Solana Cheers SEC Guidance Saying Most Cryptos Aren’t Securities, But Litecoin Can’t Help Taking A Jab: ‘Some Earn Their Way, Others…’
The Solana (CRYPTO: SOL) ecosystem cheered on Tuesday after the Securities and Exchange Commission issued an interpretation clarifying that most cryptocurrency assets are not securities. Solana Among Several Cryptos Declared Securities Solana’s official handle took to X, pointing to the latest guidance that resolved a long-standing uncertainty over the...
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