George Milling-Stanley, head of gold strategy at State Street, warned that bitcoin's rise could mislead investors into ignoring the stability of gold, arguing that bitcoin is more like a return-driven investment, while gold provides long-term stability. He also criticised bitcoin promoters for misleading the market by using the term "mining", arguing that gold remains a more reliable investment option.
Rostin Behnam, chairperson of the CFTC, told a financial policy event at Georgetown University's Psaros Center for Financial Marekt and Policy that the agency would still investigate prediction market Kalshi. "We believe this is illegal and we will continue to maintain that position," he said. Last week, the US Commodity Futures Trading Commission lost a case against Mr. Kalshi's election contract, with a federal judge in the District of Columbia court ruling that the CFTC exceeded its authority...
The investment firms of George Soros and Stanley Druckenmiller cut their holdings in the tech "Big Seven" long before this year's booming tech rally turned into a sharp decline in mid-July. Soros Fund Management sold some of its Alphabet holdings totaling $58 million, and about $15 million in Amazon stock, according to regulatory filings in the three months to June. Druckenmiller was one of the investors who sold off Nvidia. Enthusiasm for artificial intelligence companies has accompanied the ch...
Parity CEO Björn Wagner and Raise CEO George D. Bousis have revealed the upcoming launch of a Polkadot app, a self-custodial wallet optimized for ease of use that even crypto novices can easily use. Features include no mnemonic, no username, no password, support for one-click staking, and features such as Polkadot Pay. The app will be launched in the third quarter and is currently under development. The app is designed by Parity, developed by NovasamaTech, supported by Raise, and owned by the P...
Parity CEO Björn Wagner与Raise的CEO George D.Bousis透露,即将推出一款Polkadot应用程序,这是一个优化易用性的自托管钱包,即使是加密货币新手也能轻松使用。其特点主要是没有助记词、没有用户名、没有密码、支持一键质押、以及Polkadot Pay等功能。该应用程序将在第三季度推出,目前正在开发中,该应用程序由Parity设计,NovasamaTech开发,Raise提供支付支持,并由Polkadot DAO拥有。
George Clooney, a leading Democratic fundraiser, has publicly called on Mr. Biden to drop out of the race and said his party would lose the election if he held out. He said Mr. Biden had won many challenges over the past four years, but one battle he could not win was against the years. It's heartbreaking to say, but the Biden I was with at the fundraiser three weeks ago is no longer the big man of 2010. He's not even the Biden of 2020. He's the guy we saw in the debate.
J.W. Verret, an associate professor at George Mason University's Antonin Scalia School of Law, said that in the 2024 US Presidential Election, cryptocurrency supporters may have only one option - Donald Trump. The Biden administration has taken a number of measures to crack down on cryptocurrencies, including encouraging banks to cut ties with cryptocurrency businesses, treating developers as brokers, and suing privacy protocol developers. In contrast, Trump administration nominees such as CFTC ...