Vivek Ramaswamy Thinks Penalizing Tornado Cash Mixer Was ‘Illegal And Unconstitutional’
Published by Benzinga U.S. Presidential candidate Vivek Ramaswamy on Monday argued that the Treasury Department overstepped its jurisdiction when it sanctioned the crypto mixer Tornado Cash. What Happened: Republican contenders Asa Hutchinson and Ramaswamy joined Democrat Dean Phillips in a…
Google Revamps Ad Rules For ‘Crypto Trusts’ Amid Optimism Surrounding Bitcoin Spot ETF
Published by Benzinga Alphabet Inc’s (NASDAQ:GOOGL) (NASDAQ:GOOG) search engine arm, Google, has revised its ad policies concerning “crypto trusts.†This comes ahead of the potential approval of Bitcoin (CRYPTO: BTC) spot ETF applications by the Securities and Exchange Commission (SEC)….
This Tron-Owned Token Rose 190% In A Week, Leaving Bitcoin, Ethereum Trailing In The Dust
Published by Benzinga BitTorrent’s native token BTT (CRYPTO: BTT) has emerged as the top performer over the past week, recording a 194% surge that outpaced both Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). What Happened: At the epicenter of this…
Bitcoin, Ethereum, Dogecoin Mixed Amid $230M Liquidations: Analyst Says $39K Level Is A ‘Distinct Possibility’
Published by Benzinga The major cryptocurrencies displayed a mixed performance on Monday evening as Bitcoin, the largest cryptocurrency in the world, experienced its sharpest daily decline in nearly four months due to a significant leverage wipe-out. What Happened: During a…
Why Pinterest Stock Gained Today
Published by Benzinga Pinterest, Inc. (NYSE: PINS) shares are trading higher on Monday after RBC Capital upgraded the stock and raised its price target. Here’s what you need to know. The Details: RBC Capital analyst Brad Erickson upgraded Pinterest from…
Goldman Sachs brings forward forecast ─ Fed rate cuts to begin in the third quarter of 2024 | CoinDesk JAPAN
Major investment banking firm Goldman Sachs has announced that it will bring forward the expected rate cut by the US Federal Reserve (Fed) from the fourth quarter of 2024 to the third quarter of 2024. This shift is due to…
Ark sells the most Coinbase shares since July | CoinDesk JAPAN
Cathie Wood’s ARK Invest sold 335,860 shares of cryptocurrency exchange Coinbase on December 8th. Ark sold Coinbase stock in three exchange-traded funds (ETFs). The bulk of that was the Innovation ETF (ARKK). As a result, as of Friday’s closing price,…
Bitcoin plummets, loss cut of 40 billion yen, major alts also fall in reaction
Macroeconomics and financial markets On the US New York stock market on the 8th of last week, the Dow Jones Industrial Average closed 130.4 points (0.36%) higher than the previous day, and the Nasdaq Index closed 63.9 points (0.45%) higher….
Taiwan central bank highlights benefits of CBDC and real asset tokenization (RWA)
“RWA tokenization and CBDC are the keys to transformation†On the 7th, Deputy Governor of the Central Bank of Taiwan, Mei-Li Zhu, advocated “Banking 4.0†and talked about the benefits of central bank digital currency (CBDC) and real asset (RWA)…
Overheated bulls exit as Bitcoin falls 4% ─ Funding rate normalizes | CoinDesk JAPAN
Bitcoin (BTC) fell sharply on December 11th, validating the caution shown by the options market last week. The 4% drop to $42,000 cooled the overheated perpetual futures market, paving the way for a steady rally toward the end of the…