Author: btcadmin
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S&P 500 More Volatile Than Bitcoin as U.S. Assets Lose Investor Favor
For years, Wall Street criticized bitcoin (BTC) for its volatility, but the situation has dramatically changed as President Donald Trump’s aggressive trade policies diminish the appeal of U.S. assets. Since Trump’s Liberation Day tariff announcement on April 2, the seven-day realized volatility of the S&P 500, Wall Street’s benchmark equity index, has surged from an…
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Ripple and SEC File Joint Motion to Pause Appeals
Shaurya Malwa Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP,…
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Senate Dems Slam DOJ’s Decision to Axe Crypto Unit as a ‘Free Pass’ For Criminals
U.S. Deputy Attorney General Todd Blanche is under fire from Senate Democrats following his recent decision to narrow the Department of Justice’s (DOJ) crypto enforcement priorities and disband its crypto enforcement squad. STORY CONTINUES BELOW In a Thursday letter to Blanche, six Senate Democrats — Sens. Mazie Hirono (D-Hawaii), Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.),…
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President Trump Signs Resolution Erasing IRS Crypto Rule Targeting DeFi
With a signature from President Donald Trump, the decentralized financial (DeFi) corner of the crypto sector is now freed from U.S. Internal Revenue Service demands that such platforms be treated as brokers and required to track and report user activity. That narrowly focused IRS rule, approved in the final days of former President Joe Biden’s…
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Helium Issuer Nova Labs Agrees to Pay SEC $200K to Settle Allegations It Lied to Investors
Nova Labs, the parent company behind the Helium blockchain, has agreed to pay the U.S. Securities and Exchange Commission (SEC) $200,000 to settle civil securities fraud charges the regulator filed against the firm in January, a court filing said Thursday. STORY CONTINUES BELOW Without admitting or denying any wrongdoing, Nova Labs agreed to pay the…
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New SEC Staff Statement Urges Detailed Crypto Token Disclosures
Crypto companies issuing or dealing with tokens that may be securities should provide detailed disclosures, the U.S. Securities and Exchange Commission (SEC) said on Thursday. Story continues The SEC published its latest staff statement on disclosures ahead of its second roundtable — which will focus on trading — “as part of an effort to provide…
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Bitcoin Is Not a Payments Platform
Twitter founder Jack Dorsey recently said that the Bitcoin community should focus on scaling payments in order to remain relevant. “I think it has to be payments for [Bitcoin] to be relevant on the everyday,” he told Haley Berkoe on the 21 in 21 podcast. STORY CONTINUES BELOW I disagree. As someone in the trenches…
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How Bitcoin Miners Are Adjusting to the Threat of Tariffs: Blockspace
Bitcoin miners are scrambling to adjust to Trump’s global tariffs, which are poised to increase prices on ASIC miners, electrical gear, network infrastructure and more. STORY CONTINUES BELOW “It’s a complete scramble,” Luxor COO Ethan Vera said on last week’s Mining Pod news roundup. “From the ASIC trading front and brokerage, miners have not been…
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Bitcoin Life Insurance Firm Meanwhile Raises $40M to Expand Globally
Meanwhile, a startup offering life insurance and annuities denominated in bitcoin (BTC), raised $40 million in series A funding round, CEO Zac Townsend said on Thursday in an X post. The investment was led by venture capital firms Framework and Fulgur Ventures, with early Bitcoin-advocate Wences Casares also participating. A História Continua abaixo Traditional life…
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Tokenized Gold Nears $2B Market Cap as Tariff Fears Spark Safe Haven Trade
As risk assets including cryptocurrencies struggled on Thursday amid tariff uncertainties, tokenized gold once again emerged as an outperformer in the carnage. Story continues Don’t miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to…