According to Forbes business reporter Eleanor Terrett, the U.S. House Financial Services Committee will hold a hearing on February 12 at 3:30 PM on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Relations at Kraken Trading Platforms, will appear as a witness at the hearing, which will be broadcast live on YouTube.
According to Forbes reporter Eleanor Terrett, most large US crypto companies will not be running ads at the Super Bowl this year. "However, we may see some ETF-related commercials because last year they didn't get approval in time to buy ad space, which usually sells out by October/November."
According to Forbes reporter Eleanor Terrett, Republican members of the U.S. House Financial Services Committee have announced the list of witnesses for next Tuesday's hearing on the topic "The Golden Age of Digital Assets: Charting the Way Forward." Participants: Jonathan Jachym, Deputy General Counsel and Head of Global Policy and Government Affairs at Kraken Ji Kim, President and Acting CEO of the Crypto Innovation Council Coy Garrison, Partner at SteptoeLLP and former SEC advisor Jose Fernan...
According to Forbes, bitcoin and cryptocurrency prices temporarily stabilized after a near-collapse yesterday, but market sentiment remained tight. The sudden sell-off raised investor fears of a "financial crisis". Bitcoin prices fell sharply to around $100,000 before recovering to around $102,000, but the overall market remained sluggish. Sentiment remained weak despite BlackRock CEO Larry Fink's blockbuster announcement of a sovereign wealth fund.
According to Forbes, Chinese generative artificial intelligence startup DeepSeek hit US stocks, NVIDIA's share price plummeted 16%, and its market value evaporated by more than $500 billion. Its CEO Huang Renxun's net worth shrank by $19.80 billion as of 1:45 Beijing time, and his total wealth fell from $124.40 billion to $104.60 billion. It fell to No. 17 in Forbes' real-time billionaire list at No. 10. The steeper shrinkage was Oracle Chairperson Larry Ellison, who fell to No. 4 at $24.90 bill...
According to Forbes reporter Eleanor Terrett, the Solana ETF was previously approached by SEC employees, but its 19b-4 application was subsequently rejected. With Gary Gensler stepping down in three business days, the market is concerned about the future progress and timeline of Litecoin (LTC), XRP, and Solana (SOL) ETFs.
On December 28th, according to Forbes, Tim Kravchunovsky, founder and CEO of decentralized telecommunications network Chirp, said: "As we move into 2025, this will be a historic year for digital assets as the United States adopts Bitcoin as its national reserve currency, and despite the ongoing uncertainty in this regard, I believe it will happen soon - likely within a few months of President-elect Donald Trump's inauguration." In addition, Swiss cryptocurrency hedge fund Tyr...
According to Forbes reporter Eleanor Terrett, U.S. SEC Commissioner Hester Peirce mentioned "Operation Chokepoint 2.0" in an interview and outlined three things she believes need to be done under the new SEC under Trump to help bring greater clarity to the cryptocurrency industry: To stop the government-regulated Chokepoint campaign, the first step is to stop this attempt to prevent cryptocurrencies from getting the services they need.
On October 31st local time, according to the US "Forbes" (Forbes) reported that a new poll results show that US Vice President and Democratic presidential candidate Harris leads former US President and Republican presidential candidate Trump by only 1%, but 10% of voters may change their minds before the election. In addition, in the seven key swing states that may determine the final election winner, Harris leads Trump by 49% to 48%, which is a week ago. Trump leads Harry by 50% to 46%.
According to Forbes, the latest research shows that major Financial Institutions Groups including the Minneapolis branch of the Federal Reserve, the European Central Bank (ECB) and the international monetary fund (IMF) are stepping up their research on bitcoin. These institutions are generally concerned about the potential impact of bitcoin on traditional monetary policy. The European Central Bank is close to 7% in bitcoin prices.
Telegram founder Pavel Durov is under investigation in Switzerland over a criminal complaint filed by his significant other Irina Bolgar over allegations of child abuse, according to Forbes. The allegations surfaced after Durov's recent arrest in France and are part of a wider legal dispute, including claims of unpaid child support and a bitter custody battle...
According to Forbes reporter Eleanor Terrett on the X platform, US Democratic Congressman RoKhanna said: "Believe that the values of the new generation of politicians in both parties are to support innovation, to support more freedom for individuals, to decentralize economic opportunity and to understand the value of bitcoin and many cryptocurrencies."
According to Forbes reporter Eleanor Terrett, Biden withdrew from the 2024 presidential race.
According to Forbes reporter Eleanor Terrett, the House will vote on SAB 121/H.J. Res. 109 at 4 p.m., but lawmakers are not expected to receive enough votes to reach the two-thirds majority needed to override Biden's veto.
According to Forbes reporter Eleanor Terrett on the X platform, tonight at 23:00 (Beijing time), the US Senate Agriculture, Nutrition and Forestry Committee will hold a hearing on digital commodity regulation, which will be attended by Rostin Behnam, chairperson of the US Commodity Futures Trading Commission (CFTC). At the same time, tonight at 23:00, RoKhanna will participate in a cryptocurrency roundtable with Mark Cuban, Democrats, White House officials and industry leaders.