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McHenry predicts quick crypto deal as Witt brokers discuss

Speaking on CoinDesk Live at the Ondo Summit in New York, former House Financial Services Chairman Patrick McHenry and White House advisor Patrick Witt said a broad crypto market structure bill could be passed within months. Latest developments: Optimism is growing in Washington and in the industry. McHenry and Witt discussed the growing momentum for […]

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Coinbase, Robinhood Earnings, US Jobs Report: Crypto Week Ahead

The brief and partial shutdown of the US government put an end to the report on the employment situation which was expected on Friday; it arrives this week instead. Look for Wednesday’s flagship nonfarm payrolls report. The world’s largest economy is expected to have created 70,000 jobs last month, more than in December, while the

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US government not ready to engage in bitcoin purchases, despite Jim Cramer rumor

President Donald Trump’s American bitcoin BTC$70,533.82 the reserve does not yet exist and there is no mechanism within the federal government for bulk purchasing of crypto. Keep that in mind as you consider this weekend’s speculation about what price would cause the White House to hit a buy button, thanks in large part to CNBC

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Dan Romero and Varun Srinivasan join Tempo

Farcaster co-founders Dan Romero and Varun Srinivasan said Monday they are joining stablecoin-focused startup Tempo, signaling a move away from crypto-native social media and blockchain-based payments. The move follows last month’s acquisition of Farcaster by Neynar, a longtime infrastructure provider for the protocol that offers APIs and tools for developers building on the network. Farcaster

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Morgan Stanley backs Cipher (CIFR) and TeraWulf (WULF), but is cool on Marathon (MARA)

Morgan Stanley initiated coverage of three publicly traded bitcoins BTC$70,411.45 mining companies on Monday, backing two names tied to data center leasing while taking a more cautious stance toward a miner focused on bitcoin exposure. Analyst Stephen Byrd and his team began covering Cipher Mining (CIFR) and TeraWulf (WULF) with overweight ratings and set price

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MegaETH Launches Mainnet as Ethereum Scaling Debate Intensifies

MegaETH, a high-performance blockchain designed to make Ethereum applications nearly instantaneous, launched its public mainnet on Monday, entering an ecosystem mired in a fundamental debate over how Ethereum should evolve. The project, which billed itself as a Layer 2 “real-time blockchain” targeting over 100,000 transactions per second (tps), would make on-chain interactions closer to traditional

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