Cryptocurrency market value approaches $4 trillion, closely trailing the largest company globally.
The total market capitalization of cryptocurrency is hovering impressively close to the $4 trillion mark. This surge is attributed to daily increases in the values of Bitcoin, Ether, XRP, and others, especially as three major cryptocurrencies have now been adopted in US households. On July 9th, the crypto market cap reached $4 trillion for the […]
House approves legislation that Maxine Waters referred to as a ‘complete cryptocurrency scam’
House Advances Cryptocurrency Regulations On Thursday, the House of Representatives passed three bills aimed at regulating cryptocurrency. This decision came despite significant pushback from Rep. Maxine Waters, a leading Democrat from California and a prominent member of the House Financial Services Committee. Waters criticized the legislation, labeling it as “a full-fledged crypto fraud” and alleged […]
The Unruly Times of Cryptocurrency Have Come to an End
Cryptocurrency Regulation Takes A Significant Step Forward For more than ten years, cryptocurrencies have existed in a murky regulatory space. They’ve been embraced by libertarians, viewed with suspicion by bankers, and often mocked by lawmakers. But now, it seems that chapter might be closing. The US House of Representatives has passed the Genius Act, a […]
House approves cryptocurrency market framework following GOP backlash
On Thursday, the House approved a new law intended to outline regulations for the cryptocurrency industry. This decision came after GOP leaders managed to suppress dissenting factions during a recent meeting, which had left the legislation in a sort of limbo. The Digital Asset Market Clarity Act passed with a vote of 294-134, garnering support […]
Trump’s Cryptocurrency Initiative Might Make Homeownership Possible for Millions
New Housing Policy Aims to Boost Homeownership with Cryptocurrency The soaring interest rates and increasing construction costs are pushing the dream of homeownership further out of reach for many Americans. However, new policies from the Trump administration offer a potential path back to that dream, particularly for younger generations. Recently, Trump’s Federal Housing and Finance […]
Talos Acquires Coin Metrics as Cryptocurrency M&A Activity Increases
Simply put Trading platform Talos is acquiring coin metrics from data companies. Details regarding the transaction size have not been revealed by Talos. This year has seen numerous large crypto firms making acquisitions. According to a press release from Wednesday, Talos, which specializes in institutional trading technology, is buying coin metrics to broaden its offerings […]
Cryptocurrency legislation is stuck due to GOP disagreements, leaving the House uncertain.
On Wednesday afternoon, the House was in a bit of a standstill, with various House Republicans milling about as discussions on cryptocurrency bills took place. Speaker Mike Johnson (R-La.) was trying to find some common ground, but things didn’t really seem to be moving forward. Three crypto-related measures were being discussed, but after three hours, […]
DEA takes down major Sinaloa cartel with $10M in cryptocurrency confiscation
More than $10 million in cryptocurrency linked to the Sinaloa Cartel has been confiscated in Florida as part of a broader nationwide effort against drug trafficking that began during President Trump’s second term, according to an announcement from the Justice Department this week. Since January 20, the Drug Enforcement Agency has reportedly seized around 44 […]
California police look into the ‘questionable disappearance’ of Naiping Hou tied to a cryptocurrency fortune.
Investigation Underway for Missing Southern California Man A significant investigation is ongoing in Southern California concerning a man who has been declared missing, with police describing him as a “suspected loss of failure.” Authorities from the San Bernardino County Sheriff’s Office are actively seeking information to locate 74-year-old Naiping Hou, a resident of Rancho Cucamonga. […]
Trump strikes agreement to resolve Republican dissent on cryptocurrency legislation
Updated: July 16th, 5:28am UTC: This article includes a post from Donald Trump. President Donald Trump believes that when Republican lawmakers gather again on Wednesday, many who previously withheld support for three crypto bills will change their stance and vote in favor. In a post on his Truth Social platform, Trump noted that he had […]