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View More NewsIn brief Trump Media has ended plans for a Crypto.com-backed CRO treasury company. The companies also scrapped a broader digital asset deal and scaled back prediction market plans. Existing Truth Social Funds ETFs will continue unchanged. President Donald Trump’s Trump Media & Technology Group has scrapped plans to launch a Crypto.com-backed CRO treasury company and abandoned a broader digital asset deal with the company.According to a report by Axios, Trump Media, Crypto.com, and special purpose acquisition company Yorkville Acquisition Corp. have mutually agreed to terminate the proposed Trump Media Group CRO Strategy, a previously announced services agreement, and related digital…
from the what-third-branch? dept There are many ways to describe the Trump Era, but the executive branch’s conviction that it can simply ignore the legislative branch’s entire existence has become something close to a governing principle. From impounding funds designated by Congress to launching a war without Congress’s authority, Trump has basically decided that the legislative branch is a vestigial organ of the federal government. This latest one may seem smaller than those stories, but it’s another demonstration of how little the executive branch thinks the laws Congress wrote actually matter. Specifically in this case, the FCC has voted to…
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In what we know as the Middle East, a dramatic jump in the emerging pattern of human violence took place around 5500 BCE, the primary evidence being circumvallation, the construction of walled fortifications around population centres.Circumvallation was not unprecedented. The massive and fabled walls of Jericho appeared around 8000 BCE. Twelve feet high and six feet thick, an estimated 1,800 feet in circumference, the walls were a mute indicator of both the place’s unprecedented wealth—perhaps derived from trading Dead Sea salt—and the need to protect it. But these fortifications stood alone for 2,500 years; and then, rather suddenly, equivalents began…
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from the anonymity-matters dept Back in May I noted how the Trump FCC had unveiled a brand new plan to “stop robocalls.” I also…
Spot bitcoin ETFs are yet to see outflows this month, bringing in $754 million in the first week of August. Yet, bitcoin remains steady…
Bitcoin (BTC) derivatives trading volumes are now nearly eight times higher than spot markets on Binance.Key points:Bitcoin daily spot trading volumes on Binance are…
Bitcoin is holding near $64,700 Friday, barely changed over the last 24-hour period, while the broader CoinDesk 20 (CD20) index is down 0.2% over…
Nathan Allman, the founder and CEO of Ondo Finance and one of the pioneers of blockchain tokenization, has died aged 32.“It is with profound…
Bitcoin BTC$76,612.97 hovered near $76,500 mid-day Hong Kong time, according to CoinDesk market data, holding a narrow range as trading remains muted after a…
Ethereum liquid staking protocol Kelp DAO says its restaked Ether token has been restored with a five-week recovery effort after the protocol suffered a…
Key takeaways:Bitcoin’s implied volatility plunged to a multi-month low, signaling that traders expect further price consolidation.Excessive confidence among Bitcoin bears could catalyze a liquidation-driven…
Key takeaways:Declining oil prices boosted global stock markets, helping lift Bitcoin back to $77,000 amid reduced inflation fears.$2.66 billion spot Bitcoin ETF outflows have…
Bitcoin (BTC) needs fresh spot demand to absorb the rising BTC supply across exchanges and exchange-traded funds. Recent exchange inflows and ETF outflows created…
Key points:Bitcoin needs to cross and maintain above $78,000 to start a stronger recovery toward $84,000.HYPE and ZEC remain strong while other major altcoins…
In recent days, an overheated debate has been raging over Christopher Nolan’s forthcoming adaptation of The Odyssey. Much of the controversy has focused on…