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"Crypto Czar" David Sacks praises President Trump's executive order on cryptocurrencies

In an interview with Fox Business, the new cryptocurrency czar, David Sacks, praised President Donald Trump's executive order on cryptocurrencies. The order aims to clarify regulations, define digital assets, and strengthen the dominance of the U.S. dollar through stablecoins. According to Sacks, the newly formed Digital Asset Task Force will oversee regulatory developments. It will divide digital assets into categories such as securities, commodities, and collectibles. The government also seeks...

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2025-01-24 15:21:41
OKX President Hong: DEX and CEX are complementary and are promoting the development of self-hosting

On January 23rd, OKX President Hong said in an interview with CoinDesk that although DEX transaction volume has increased by 20 times on the OKX platform, DEX and CEX are not antagonistic, but complementary. Hong added that crypto native users need the reliability of CEX, while using DEX to capture innovation opportunities. She said that such supply and demand dynamics will...

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2025-01-23 17:07:15
OKX President Hong: OKX self-custody wallet assets have exceeded CEX assets

On January 23rd, OKX President Hong said in an interview with CoinDesk that discussions around the adoption of cryptocurrency institutions and the risks of centralized custody are driving a significant increase in the popularity of self-custody. Hong pointed out that while institutional adoption of cryptoassets and the rise of crypto ETFs are positive signals for the development of the industry, these trends have also raised concerns about the centralization of custody.

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2025-01-23 14:30:00
Goldman Sachs CEO: Goldman Sachs still cannot own, dominate, or participate in bitcoin until regulations allow it

David Solomon, chief executive of Goldman Sachs, when asked if accepting "Trump's potential strategic bitcoin reserve would affect the bank's process of dealing with cryptocurrencies," said: "We have discussed this many times and we have spent a lot of time on the underlying technology. We are leveraging and testing it to reduce friction in the financial system. This is very important. However, from a regulatory perspective, Goldman Sachs still cannot own, dominate or participate in bitcoin, "an...

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2025-01-23 14:08:49
South Korea's suspended president, Yoon Seok-yeok, will accept the arrest warrant and walk out of his official residence to the Gwacheon Public Investigation Office.

South Korea's suspended president, Yoon Seok-yeok, will accept the arrest warrant and walk out of his official residence to the Gwacheon Public Investigation Office.

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2025-01-15 07:46:40
South Korean investigators: They are not considering making Yoon Seok-woo appear in court voluntarily for questioning, and the goal is still to execute the arrest warrant against Yoon Seok-woo.

South Korean investigators: They are not considering making Yoon Seok-woo appear in court voluntarily for questioning, and the goal is still to execute the arrest warrant against Yoon Seok-woo.

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2025-01-15 08:06:38
SEC Chairperson: 2024 Presidential Election Outcome Does Not Depend on Crypto Interest Group Funding

In an interview with CNBC Squawk Box host Andrew Ross Sorkin, SEC Chairperson Gary Gensler said he believes it is unlikely that money from cryptocurrency voters and digital asset interests will influence the outcome of the 2024 U.S. election, giving President-elect Donald Trump a victory. He said: "I think that even though, as you pointed out, this election has raised money from the cryptocurrency space, I don't think that's the purpose of this election.

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2025-01-15 07:05:47
Musk lowered the government's efficiency department's forecast, the federal spending reduction target may be reduced to $1 trillion

In an interview with Mark Penn, a political strategist and former Clinton administration adviser, Musk acknowledged that the proposed US Department of Government Effectiveness (DOGE) would struggle to meet its previously promised $2 trillion in federal spending cuts. This contrasts sharply with his declaration at a Trump campaign rally last October that it would "cut at least $2 trillion". Musk explained that setting a higher target is for...

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2025-01-10 08:35:40
SEC chief reiterates crypto space is "rife with bad actors"

Gary Gensler, the outgoing chairperson of the US Securities and Exchange Commission (SEC), said in an interview with Bloomberg TV that he was proud of the work done by the agency and said there was still "work to be done" less than two weeks before he left office. Gensler reiterated his assertion that the crypto space is "rife with bad actors". When asked about some of the cases the SEC has brought against cryptocurrencies during his tenure and whether this has led to a change in his behavior, G...

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2025-01-09 05:13:18
Animoca Brands: Memecoin is expected to launch its own L1 or L2

Yat Siu, co-founder of Animoca Brands, said in an interview that the crypto industry is at a tipping point similar to the one he observed in the 1990s when the internet first changed commerce. The first part of mass crypto adoption in 2025 is stablecoin adoption, and the next step is scaling memecoin more broadly to the entire blockchain ecosystem. Yat Siu said: "I expect memecoin to launch its own L1 or L2. They are no longer just tokens, they are building...

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2025-01-07 03:42:38
CNBC: Many institutions are optimistic about the trend of bitcoin in 2025, with the highest expectation 250,000 US dollars

Several industry watchers interviewed by CNBC predicted the price of bitcoin in 2025, with the highest expectations for bitcoin to rise to $250,000. James Butterfill, head of research at CoinShares, said the price of bitcoin could be between $80,000 and $150,000 in 2025. Matrixport said bitcoin could reach $160,000 by 2025. Alex Thorn, head of research at Galaxy Digital, expects bitcoin to break through $150,000 in the first half of this year and $185,000 in the fourth quarter. Standard Chartere...

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2024-12-31 15:42:20
Pantera founder: Another 10-fold increase in BTC is completely reasonable, but it is unlikely to see a 1,000-fold increase

In a recent interview with Bankless, Dan Morehead, founder of Pantera Capital, said that Bitcoin has indeed grown to a considerable scale, and we can't see another 1000-fold increase, because that would consume all the energy on the planet. However, another 10-fold increase to a market value of $15 trillion is completely possible, compared to the total amount of financial assets in the world of $500 trillion. Dan Morehead added that he would not predict the situation in 50 years, but in our curr...

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2024-12-26 19:45:56
Is crude oil accepting this seasonal positive? But the likelihood of abnormal performance may be 50-50, and analysts warn that falling trading volumes could open the door to a bull shock.

Is crude oil accepting this seasonal positive? But the likelihood of abnormal performance may be 50-50, and analysts warn that falling trading volumes could open the door to a bull shock.

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2024-12-25 11:29:14
Fed RRP use falls to less than $100 billion

The Federal Reserve accepted a total of 45 counterparties in the fixed rate reverse repo operation of $98.356 billion, the first time since April 2021 below $100 billion. At the end of September 2022, the scale was as high as $2.426 trillion.

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2024-12-21 06:41:27
Analysts: Dollar strengthens ahead of inflation data

The dollar strengthened as the market awaited tomorrow's inflation data. Economists surveyed by the Wall Street Journal expect the annual rate of CPI to be 2.7% in November, and if there is a major surprise in any direction, it could change the Federal Reserve's expectations for a rate cut next week. On the dollar/yen side, the pair rose 0.3% intraday, close to the level of 152. XS.com analyst Rania Gule wrote that the market is concerned about slow growth and low inflation in Japan. Despite the...

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2024-12-10 23:17:56