Relatively unknown in the cryptocurrency sphere, Bo Hines – a former college football player and young politician at age 29 – was appointed to a high-profile post as Executive Director of the Presidential Council for Digital Asset Advisers (or the “Crypto Council”) on December 23, 2024. What are his thoughts regarding cryptocurrency? It’s no wonder … Read more
In a recent decision, the Third Circuit Court of Appeals has partially sided with Coinbase in their lawsuit against the Securities and Exchange Commission (SEC). This means that part of the case has been decided in favor of Coinbase. According to Coinbase Chief Legal Officer, Paul Grewal, the court determined that the Securities and Exchange … Read more
Coinbase has announced support for the meme coin Peanut the Squirrel. On January 14, 2025, at 9:00 am Pacific Time, the platform intends to initiate Peanut the Squirrel (PNUT) token trading on the Solana network, provided that sufficient liquidity is available. When a plentiful amount of this asset becomes available, we’ll gradually introduce trading with … Read more
Cliff Asness, one of the co-founders at AQR Capital Management, referred to Bitcoin as a speculative bubble, given its dramatic surge past $100,000 following the 2024 U.S. presidential election in November. Clifton Asness expresses ongoing doubt about Bitcoin’s (BTC) lasting worth because it lacks concrete, everyday applications beyond mere speculation and illegal dealings. In an … Read more
Chainalysis has acquired the artificial intelligence-powered fraud detection startup Alterya. On January 13th, it was announced through a press release that the blockchain analytics company, Chainalysis, had been acquired for approximately $150 million. However, the specific financial terms of the deal were not revealed in Chainalysis’ statement. According to a Business Insider report, this acquisition … Read more