Covering the 2024 Presidential Election
It gives me no pleasure to report that less than six months into this Congressional term, the 2024 election season has become fully underway. Florida Governor Ron DeSantis officially declared…
TradFi Giant TP ICAP Brings Crypto Spot Trading to Institutional Investors
TP ICAP, the world’s largest interdealer-broker, announced last week that its Fusion Digital Assets marketplace for spot crypto trading had gone live with its first trade. The traditional finance giant…
NFT Artist Fewocious Reveals Upcoming Collection “Fewos”
Non-fungible token artist Fewocious said Wednesday he’s gearing up to release his upcoming digital art collection “Fewos.” The 20-year old artist posted a Tweet introducing the collection, stating the 20,000…
USDC Issuer Circle Has Ditched All U.S. Treasuries From $24B Reserve Fund Amid Debt Ceiling Showdown
Stablecoin issuer Circle Internet Financial has ditched all U.S. Treasury bonds from its USD Coin backing reserves as part of precautionary measures to protect from a potential fallout from the…
Crypto Bridging Protocol Multichain ‘Unable to Contact’ CEO Zhaojun
Multichain, one of largest bridging protocols in the crypto ecosystem, said Wednesday it was suspending cross-chain routes and revealed that its CEO Zhaojun could not be contacted. “In the past…
StepStone VC Raises $97M for Two Blockchain Funds
The venture capital arm of StepStone Group, a global private markets firm with $138 billion in assets under management, has raised a combined $96.54 million for two versions of a…
U.S. Sen. Elizabeth Warren Calls for Shutdown of Crypto Funding for Fentanyl
U.S. Sen. Elizabeth Warren (D-Mass.) cited the rampant use of cryptocurrency in the Chinese fentanyl trade during a Wednesday Senate hearing, arguing for legislation to help break that pipeline. The…
Sell Crypto Volatility in May, and Go Away?
As we approach the halfway mark for 2023, the year has been difficult to characterize for both equities and digital assets. Ongoing debates about the macroeconomic picture, both at home…
Washington Ignored Crypto for Now. That’s Good for Bitcoin.
So, there was a deal resolving the U.S. debt ceiling battle in Washington, D.C. Now what? First, let’s look at where we are. The words “crypto” and “cryptocurrencies” don’t appear…
EU Formally Signs New Crypto Licensing, Money Laundering Rules Into Law
The European Union formally signed its landmark Markets in Crypto Assets (MiCA) regulation into law on Wednesday, taking the bloc closer to becoming the first major jurisdiction in the world…