The document was submitted to the House Clerk on April 16th, meeting the 45-day reporting requirement of the STOCK Act. This comes as the Senate considers a bill that could make the U.S. government a major purchaser of Bitcoin.
XRP, the native token of Ripple, has once again stolen the spotlight, its price climbing above $1.50 in the last 24 hours. One might call it a renaissance-or perhaps a desperate bid for relevance in a market teetering between euphoria and collapse.
The CFTC AI drama unfolded during Thursday’s oversight hearing, where Chairman Selig valiantly defended his agency’s shrinking employee roster. His argument? Why hire warm bodies when you can have cold, calculating algorithms doing all the work? Lawmakers, however, seemed somewhat skeptical about whether a handful of AI-driven bots could adequately oversee both a burgeoning crypto market and a prediction industry that has exploded into a frenzy of billions in annual activity.
Ethereum’s short interest is now so massive, it’s making silver traders weep into their futures contracts. An analyst named DGMD.6529 (clearly a genius with a .6529 IQ) claims institutions have been buying $21 million in ETH daily for 21 months. That’s $11.8 billion via ETFs alone-enough to buy every pizza in Italy and still have change for a blockchain-themed ice cream cone.
We’re permanently upgrading from version 1. Any applications currently using our API or SDK will need to update to the new version before the switchover, or they will no longer function.
Kraken’s shadowy parent, Payward, has embarked on a regulatory romp through the U.S. derivatives arena, acquiring Bitnomial in a $550 million gamble. The CFTC’s nod remains a distant dream, but if granted, this deal will hand Kraken a golden key to a realm where others bleed for years. A $20 billion valuation? Perhaps. Or perhaps it’s just another crypto fairy tale.
It is with some astonishment that we report Lady Sheri Biggs, who represents the esteemed 3rd district of South Carolina, hath disclosed a purchase of the iShares Bitcoin Trust ETF (NASDAQ: IBIT) through her trust account, which is managed with the utmost propriety by UBS Financial Services. One might sooner expect a quadrille at Netherfield to be interrupted by a debate on blockchain than witness such a union of politics and cryptocurrency.
On this fateful Friday, Bitcoin (BTC) pierced another psychological barrier, with Gate’s BTC/USDT pair trading at $77,019, a 24-hour gain of 3.45%. Bids grind higher, driven by the same blind optimism that has carried BTC from the mid-$60,000s to these lofty heights. A rally fueled by spot demand and the reckless accumulation of futures leverage-a recipe for either glory or catastrophe.
On the morrow of Iran’s grand declaration-“Hormuz is open!”-the dollar recoiled in horror, shedding 0.5% intraday, its lowest since February 27. Gate’s data doth confirm: the safe-haven bid, once its shield and buckler, hath turned to dust. The greenback, once so proud, now slinks away like a jester whose joke hath fallen flat.
