Miami Beach, FL — Ripple CEO Brad Garlinghouse has been closely following the U.S. Senate’s progress on the Crypto Market Structure bill, and he said it’s not a “done deal” as the next two weeks could be crucial to the legislation’s chances. “If that doesn’t happen, I think the probability is going to drop precipitously,” […]
Miami, FL — Crypto doesn’t need regulation — something the bitcoin price chart over successive U.S. governments clearly shows, according to provocative BitMEX co-founder and Maelstrom CIO Arthur Hayes. Hayes’ thesis is simple: fiat liquidity – precisely the printing of more units of fiat currency – is the only thing that affects Bitcoin’s value proposition.
The value of crypto is that it lies outside the regulatory apparatus, says Arthur Hayes Read More »
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from a human-paced process to a machine-driven activity that happens around the clock. “We are moving toward a world where transactions happen at a speed that no human can
Wall Street warns that human-built markets can’t keep pace with machine-speed trading Read More »
More than two months after the start of the war in Iran, some 1,600 ships remain stuck in dangerous conditions in the Strait of Hormuz, with around 20,000 sailors on board. On Monday, a U.S.-flagged ship operated by a subsidiary of Maersk, one of the world’s largest shipping companies, became one of the few vessels
The Maersk ship crossed the Strait of Hormuz under US military protection Read More »
Coinbase said on Tuesday that it has chosen Centrifuge as its preferred tokenization infrastructure and has made a strategic investment in the company. As part of the deal, Centrifuge is positioned to serve as the default issuance layer for tokenized assets in the Coinbase ecosystem, including products on Base. The first wave of institutional assets
Coinbase Taps Centrifuge as Preferred Tokenization Backbone, Takes Equity Stake Read More »
Crypto.com Chief Marketing Officer (CMO) Steven Kalifowitz, who oversaw more than $1 billion spent on partnerships and high-profile campaigns over the past several years, is leaving the company. Crypto.com’s spokesperson said Kalifowitz would step down from his role as CMO effective June 30 and then continue as an advisor to the CEO. “Steven has contributed
Crypto.com’s top marketing exec to leave after nearly six years Read More »
MIAMI BEACH, Fla. — CoinDesk’s flagship Consensus Conference kicks off today at the Miami Beach Convention Center, bringing thousands of people together for the annual big-tent event to discuss the digital assets industry. The first day of the conference will see local officials and startup executives present the state of the crypto world. Arthur Hayes,
Consensus Miami Day 1: Sights and Sounds Read More »
Venture capital heavyweight Andreessen Horowitz (a16z) has launched a $2.2 billion crypto fund, doubling down on blockchain startups amid a surge in venture capital in artificial intelligence. The new vehicle, called “Crypto Fund 5,” will invest in crypto entrepreneurs at all stages, with capital deployed over a decade, according to a company spokesperson. The company
Standard Chartered PLC’s (STAN) venture capital arm, SC Ventures, has invested in GSR, as the London-based multinational bank looks to further expand its digital asset services, the crypto capital markets firm announced on Tuesday. The investment deal, which Bloomberg reported was worth $150 million at a valuation of more than $1 billion, is the first
Standard Chartered expands further into crypto with stake in GSR valued at $1 billion Read More »
The crypto market is in a good mood after bitcoin BTC$80,824.77 surpassed $80,000 during the Asian morning on Tuesday. BTC is currently trading at $80,690, having increased by over 1% since midnight UTC. Ether (ETH), meanwhile, sits at $2,370 after failing to surpass April’s high of $2,460. U.S. stocks are higher in premarket trading, with
Bitcoin Surpasses $80,000 as Traders Turn to Altcoins Amid Improving Market Sentiment Read More »
