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Dan Morehead, founder of Pantera Capital, recently said that imagine the impact if only a small percentage of the world's $500 trillion assets switched to cryptocurrencies. Considering his recent conversations with some institutions that have changed their attitudes, this is expected to happen this year.
Binance CEO Richard Teng recently said that, driven by regulatory changes under Trump, strategic moves in the United States, and momentum in favor of cryptocurrencies, he forecasts that Bitcoin will reach a new all-time high in 2025. He stressed that the Trump administration's policies could bring much-needed regulatory clarity to drive the next phase of growth for cryptocurrencies such as bitcoin. Teng also pointed to the growing support for cryptocurrencies among U.S. lawmakers and regulators,...
Veteran cryptocurrency trader The Crypto Dog recently said that the cryptocurrency market is unlikely to experience significant volatility before President-elect Trump takes office on January 20. He speculates that this political event could be a key trigger for renewed bullish momentum in the cryptocurrency market. He believes that bitcoin and counterfeit products may remain stagnant until the inauguration...
Magic Eden General Counsel Joe Doll recently said that David Sacks has only 2 years to push for pro-cryptocurrency policies before the 2026 U.S. midterm elections. The threat of a government stalemate could stifle regulation, and the current administration must push for pro-cryptocurrency policies while still controlling both houses of Congress. "The House majority is very slim, and it's very likely to flip, because the House almost always flips. So you could run into a divided government, in 2....
The Central Bank of the Philippines (BSP) said recently that it has completed a proof-of-concept trial of its Agila Project Wholesale Central Bank Digital Currency (wCBDC) with other Financial Institution Groups. Specifically, the latest trial tested whether banks in the Philippines can make payments to each other outside banking hours such as evenings, weekends, and holidays. BSP Governor Eli M. Remolona, Jr., said: "Wholesale CBDCs have the potential to enhance liquidity management, reduce set...
"Despite widespread opposition, SAB 121 has functioned effectively as a statute, even though it has never gone through the normal Administrative Procedure Act process," the House of Representatives will tell Representative Mike Flood this week. Flood said: "I look forward to working with the next SEC chairperson to revoke SAB 121. Whether Chairperson Gary Gensler leaves on his own or President Trump will fulfill his [Gensler's] dismissal...
On November 7th, Coinbase Chief Legal Officer Paul Grewal said recently that he expects "significant changes" to the SEC's cryptocurrency-related cases under the new Trump-nominated chairperson of the Securities Exchange Commission (SEC). "I think the new administration will revisit all cryptocurrency cases brought during Gary Gensler's tenure, distinguishing between obvious scams and non-scams," Grewal told reporters. Although Grewal did not explicitly state that Coinbase and...
Matt Hougan, chief investment officer at Bitwise, recently said that the adoption of spot bitcoin ETFs by investment advisors is far faster than any other ETF in history. Hougan pointed out that while the inflow of $1.50 billion is not huge compared to the total 4.60 billion, it is still a significant achievement.
Pavel Durov, Telegram's chief executive, said recently that 2024 was expected to be a pivotal year for blockchain adoption, "and that 2024 will go down in history as the year hundreds of millions of people became familiar with blockchain. We are proud that Telegram is at the centre of this social change." Durov further revealed: "We will also step up our efforts to crack down on scammers targeting new users in the crypto space. Soon, Telegram will start showing the registration month and main co...
Gary Gensler, chairperson of the Securities Exchange Commission (SEC), recently said that he expects to see the listing of a spot Ethereum ETF as early as September.
Ripple CEO Brad Garlinghouse recently said that the words and actions of Securities Exchange Commission Chairperson Gary Gensler will lead to Joe Biden's defeat in the US Presidential Election in November. At the Bloomberg Investment Summit in New York on Tuesday, Gensler commented on the cryptocurrency industry, saying that there are a lot of non-compliance in the field, suggesting that cryptocurrency industry executives may face legal sanctions. In response, Garlinghouse responded strongly on ...
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