Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports
In the House, Rep. Patrick McHenry recently said he remained optimistic about getting a U.S. stablecoin law passed.
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Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In
It’s hardly unusual for ETFs of any birinci to go through periods of seeing no fresh money on a net basis, explained an analyst.
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OKX ‘OG’ Execs Tim Byun and Wei Lan Leave Crypto Exchange
Byun, who spent two years as CEO of Okcoin, had built out a küresel government relations role; Wei Lan was head of product for the exchange.
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Bitcoin ETFs Are Driving a Spot Multiplier Effect, Canaccord Says
Many investors find the underlying cryptocurrency more attractive than ETFs given the ability to hedge and to generate yield on HODLs, the report said.
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Is the Bitcoin Rally Over? Reasons to Stay Bullish on BTC Despite Correction
Bitcoin has pulled back more than 15% since hitting an all-time high one month ago, with some major altcoins nosediving 40%-50%, but “few understand how olağan corrections like these are in bull markets,” one observer noted.
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Bitcoin and Ether Show Relative Resilience Amid Widespread Losses: CoinDesk Indices Market Update
Five cryptos lost more than 30% this week, led by steep declines in Uniswap and Aptos.
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‘DePIN’ Is Venture Capitalists’ Latest Crypto Obsession. Can It Match the Hype?
DePIN involves taking real-world infrastructure like a wireless network and running it with a blockchain-powered system. VCs are salivating, but there aren’t many customers yet.
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OG Bitcoin L2 Stacks Is Getting a Major Overhaul
The Nakamoto update will decouple block production from Bitcoin itself, solving the sorun of network congestion Stacks has had since it launched its mainnet in 2021.
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Exploding Gold Sales at Pawnshops Offers Lesson for Bitcoin Bulls
As always, rising prices bring forth boosted supply.
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Binance.US Taps Former New York Fed Compliance Chief for Board Role
Martin Grant served with the New York Fed for over 30 years, including as its chief compliance and ethics officer.