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View More NewsAn initiative to ban the U.S. Federal Reserve from issuing a government-run digital dollar has been approved in an overwhelmingly bipartisan 89-10 vote in the Senate, but it’s tucked inside a housing bill that may run into headwinds in the U.S. House of Representatives.The effort to outlaw a central bank digital currency (CBDC) has long been a favorite of Republican lawmakers, though the U.S. government has never advanced beyond the research stage for establishing a government token that could compete with privately issued stablecoins (and rival other CBDCs pursued by China and other jurisdictions). The 21st Century ROAD to Housing…
Bitcoin BTC$70,388.41 traded recently around $70,100, down 0.1% since midnight UTC.The largest cryptocurrency has been trapped in a tight trading range between $71,700 and $69,000 for the past 48 hours as volatility begins to wane despite continued conflict in the Middle East.Oil rose back toward $100 per barrel on Thursday after a sixth ship was reportedly attacked by Iran on the Strait of Hormuz, adding to concerns about global energy supply.The crypto market, however, remains relatively unperturbed; Hyperliquid’s HYPE token continued its ascent toward $40, adding 2.5% since midnight while MORPHO, ETHFI, and XMR all posted gains.U.S. stock futures continued…
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In my family, Sunday coffee was a blood sport. My grandfather, a former Wehrmacht soldier, stood on the political Right. My aunt, a passionate participant in the 1968 student movement, stood on the Left. Almost the only thing they agreed upon was their antipathy to Americans, expressed with identical certainty from opposite ends of the kitchen table. I was ten years old when I started paying attention to this. It was the late 1970s, and I watched political talk shows and Lou Grant—the American newsroom drama set at the fictional Los Angeles Tribune—with equal fascination. I tried to understand why…
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Prediction market Kalshi has sued regulators in the US state of Iowa, claiming it did so as there was a risk of an impending…
In brief Metaplanet’s board has approved two wholly owned subsidiaries: Metaplanet Ventures and Metaplanet Asset Management. The firm plans to invest $25 million (¥4…
The one thing that remains constant in the crypto market, irrespective of whether it’s booming or not, is hacks. Thursday, hackers grabbed Bonk.fun’s domain,…
Mobile phone chipmaker MediaTek patched a vulnerability affecting its chipsets in January that could have allowed an attacker to steal crypto seed phrases on…
The European Central Bank on Wednesday unveiled the timeline for the eurozone’s initiative to shape the development of a tokenized wholesale financial ecosystem based…
Two of the US’s most influential financial regulators have agreed to better coordinate oversight of the financial markets, seeking to put an end to…
In brief Oil-linked perpetual futures on Hyperliquid recorded roughly $991 million in 24-hour trading volume, far exceeding activity for similar contracts on Coinbase. Brent…
The U.S. markets regulators are melding their operations in the places where the duties of the Securities and Exchange Commission (SEC) and the Commodity…
Key takeaways:Professional traders remain cautious, pricing low odds for a Bitcoin breakout to $78,000 despite recent ETF inflows.US and Israel-Iran war and soft US…
In brief Global banking firm Wells Fargo applied for a trademark for the wordmark “WFUSD.” The goods and service categories for use mention cryptocurrency,…
(Note: This post is also cross-posted on the Let’s Encrypt blog) As announced earlier this year, Let’s Encrypt now issues IP address and six-day…
Welcome to our institutional newsletter, Crypto Long & Short. This week:Sylvia To on AI agents choosing denationalized moneyTop headlines institutions should pay attention to…