Tag: Crypto
Florida CFO Jimmy Patronis Predicts Growth of State’s $800M Crypto Portfolio Under Trump Presidency
Florida's Chief Financial Officer, Jimmy Patronis, has been vocal about his support for expanding the state's cryptocurrency investments under a potential Trump administration. He recently suggested diversifying the state's retirement fund into cryptocurrencies, highlighting...
Crypto Market Update: Ether Drops 5.8%, Bitcoin Falls Below $71K
Cryptocurrency prices took a hit on Thursday as traders began to sell off their positions following recent gains. Bitcoin, which failed to reach its record high above $73,700, dropped below $71,000, marking a 2%...
Crypto Market Reacts to Trump’s Election Odds on Polymarket
The crypto market has experienced a downturn in the last 24 hours, with Bitcoin dropping by 1.9%. However, the broader crypto market has seen a more significant decline, impacted by various factors such as...
U.S. Treasury Department’s Strategy on Financial Inclusion: Impact on Cryptocurrency
The U.S. Treasury Department has released a new strategy to promote financial inclusion, aiming to help people gain access to the financial system. However, in the 35-page report, cryptocurrency was only mentioned briefly as...
New CryptoSlate Editor in Chief Liam Wright Leads Era of Crypto and Finance Journalism
CryptoSlate has recently appointed Liam Wright as their new Editor in Chief, signaling a new era of crypto and finance journalism. Under Wright's leadership, the publication is embracing innovation to provide in-depth reporting on...
Coinbase CEO Urges SEC Chief to Apologize for Crypto Crackdown
Coinbase CEO Brian Armstrong has recently spoken out against the SEC's crackdown on crypto firms, urging the agency's next leader to apologize for their actions. In a post on X, Armstrong pointed out the...
Cryptocurrency Market Sees $27 Billion Inflows by 2024, $901 Million Last Week Amid US...
The cryptocurrency market has been booming, with a total of $27 billion in inflows recorded in 2024. Just last week, there was a significant influx of $901 million into crypto investment products. This surge...
Validating Crypto’s Long-Held Truths: The Role of TradFi
Wall Street's recent acceptance of Bitcoin signifies a significant shift in the world of finance, paving the way for increased collaboration and innovation between traditional and digital financial sectors. The acknowledgment of Bitcoin's potential...
Netherlands Crypto Tax Reporting Bill Consultation Begins
The Netherlands has started a consultation process for a new bill that would require crypto services to share user data with tax authorities. This move is in response to a European directive called DAC8,...
DOJ Probe of Tether Dampens Crypto Rally Hopes
Cryptocurrency prices took a hit during U.S. afternoon hours on Friday following reports of a Department of Justice (DOJ) probe into stablecoin issuer Tether for potential violations of sanctions and anti-money laundering regulations. Stablecoins...