U.S. President Biden said Friday he’s not budging on the $1,400 direct stimulus checks that his $1.9 trillion stimulus plan calls for. “It’s better economics,” Biden said of the relief…
Continue ReadingBitcoin prices climbed for the second day on Tuesday, spurred by increased optimism over the second stimulus package in the United States and a firmer US dollar. Positive risk-on momentum…
Continue ReadingBitcoin’s price dropped as much as 10% during early trading hours on Tuesday as bitcoin miners started selling a large amount of the cryptocurrency for the first time since October.…
Continue ReadingIn this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss what to expect from U.S. President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to…
Continue ReadingIn this episode, Anna Baydakova, Tanzeel Akhtar and Nik De discuss what to expect from U.S. President Joe Biden’s administration regarding crypto, how QuadrigaCX users are doing and trying to…
Continue ReadingReports are that Chris Brummer – author of a volume on crypto assets and frequent speaker on digital currencies – will chair the CFTC. This episode is sponsored by Nexo.io.…
Continue ReadingAs the Biden Administration gets underway, what can we expect for cryptocurrency technologies alongside an ascendent bitcoin? One day into the new president’s tenure we’ve brought in Kristin Smith, executive…
Continue ReadingBitcoin’s price took another hit Thursday morning, dropping close to $31,000 since markets opened in Europe and the U.S.. Investors rushed to take short-term profit, concerned about when – or…
Continue ReadingBitcoin’s price slumped by around 5.6% in the past 24 hours thanks to some Asian traders taking a short-term bearish view and concerns the new Biden administration in the U.S.…
Continue ReadingJanet Yellen, Joe Biden’s pick for the Treasury Secretary, has revealed her policy for cryptocurrencies, including bitcoin. She claims that cryptocurrencies are mainly used for illicit financing and their use…
Continue ReadingJanet Yellen, a former leader at the Federal Reserve and Joe Biden’s pick for Treasury Secretary, is still suspicious of crypto as a threat for illicit financing. In a virtual…
Continue ReadingHello and welcome to State of Crypto, a CoinDesk newsletter examining the intersection of cryptocurrency and government. I’m your host, Nikhilesh De. You’re receiving this newsletter because you either signed…
Continue ReadingThe U.S. President-elect Joe Biden is set to name Gary Gensler as the new chairman of the U.S. Securities and Exchange Commission (SEC) to replace Elad Roisman. During Obama’s administration,…
Continue ReadingBitcoin suffered a major price crash during the weekend and on Monday after securing a milestone high of $41,986. The flagship cryptocurrency shed more than $11,000, or roughly 29 percent,…
Continue ReadingAccording to various reports, U.S. President-elect Joe Biden is planning to create another $3 trillion for Covid-19 relief and infrastructure. The massive stimulus plan and the backers behind the Biden…
Continue ReadingWhat a new package including more direct payouts to citizens plus big infrastructure spending mean for bitcoin and markets as a whole. This episode is sponsored by Nexo.io and this…
Continue ReadingThe Democratic party narrowly triumphed in Georgia elections held earlier this week, wresting control of the U.S. Senate from the Republicans. As such, the Democratic-controlled House of Representatives now has…
Continue ReadingThe top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets…
Continue ReadingCircle CEO Jeremy Allaire believes the incoming Joe Biden presidential administration in the U.S. will “ultimately be supportive of cryptocurrency because it represents a seismic shift as large as the…
Continue ReadingWith 55 days until his inauguration as President of the United States, Joe Biden is reportedly considering the former chairman of the Commodity Futures Trading Commission for a permanent position…
Continue ReadingPresident-elect Joe Biden is reportedly considering crypto-friendly Andrew Yang as his future Secretary of Commerce. According to a CNN report “based on conversations with Biden allies and advisers and Democrats…
Continue ReadingFormer Federal Reserve Chair Janet Yellen is set to become the next head of the U.S. Treasury Department. Yellen was one of three frontrunners to get the nod, the Washington…
Continue ReadingFederal Reserve Chair Jerome Powell told participants at the Bay Area Council Business Hall of Fame Awards Ceremony on Tuesday that the economy will never be the same after Covid-19.…
Continue ReadingThe 2020 U.S. Presidential Election swept over the nation with chaos and turmoil. The election mess, with alleged voter fraud, ballot tampering and the removal of Republican election observers challenged…
Continue ReadingIn 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from…
Continue ReadingLess than four days after his official acceptance speech, Joe Biden has already begun assembling a team including the former chairman of the Commodity Futures Trading Commission as part of…
Continue ReadingWhile Americans wait for the official outcome of the electoral college, a blockchain-backed non-fungible token (NFT) called “Crossroad” will change to one of two animations featuring the 45th U.S. President…
Continue ReadingGary Gensler, a Washington and Wall Street veteran who has closely studied the budding cryptocurrency field, will lead the financial policy transition team for projected U.S. President-elect Joe Biden. A…
Continue ReadingBitcoin underwent a considerable downside correction after [almost] hitting $16,000 on Friday last week. The plunge followed a massive upside rally that started amid the US presidential election season. Traders…
Continue ReadingJoe Biden’s picks to head key regulatory agencies could redefine cryptocurrency policy in the coming years, although it’s unclear exactly how. The Associated Press declared on Saturday that Biden, the…
Continue ReadingCrypto analyst George McDonaugh says that the U.S. presidential election is unlikely to change the bitcoin price’s upward trajectory. He draws on a number of fundamental and technical factors to…
Continue ReadingBitcoin is inherently apolitical, in the sense that no third party or government can influence the critical aspects of how the network functions. But politicians can influence Bitcoin tangentially, by…
Continue ReadingAt the beginning of the year, the trading platform FTX Exchange launched a futures market so people can bet on the U.S. election and created a futures contract token called…
Continue ReadingThe 2020 U.S. presidential election will shape crypto policy for the next four years – even if no one’s actually pitching crypto-specific positions. While presidential candidates aren’t campaigning on their…
Continue ReadingThe U.S. presidential election is only 14 days away, and a number of bitcoin proponents have been discussing the capital gains tax implications Joe Biden plans to invoke if he…
Continue ReadingDuring the first half of the year, betting portals that allow people to wager cryptocurrencies on the upcoming U.S. election had shown Donald Trump winning the election. However, after Tuesday…
Continue ReadingWith the first Trump–Biden debate now smoldering behind us, the betting markets have picked their winner. That also means they’ve decided on a loser: President Donald Trump. Tuesday marked the…
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