Crypto News
Riot Platforms Posts Mixed Q1 Results as Effects of Bitcoin Blockchain’s “Halving” Linger
The Bitcoin miner slightly outperformed Wall Street's revenue expectations, but its shares still swung to a loss. Source link
The SEC Can Learn From the IRS in Making Regulation Simpler for Crypto
In February, the Department of Government Efficiency (DOGE) began soliciting public input pertaining to the U.S. Securities and Exchange Commission (SEC) — a move suggesting reform at the agency is imminent.Since then, the SEC, in line with President Trump, has taken a far less adversarial stance towards the cryptocurrency industry, as evidenced by the appointment of crypto-friendly personnel and the abandonment of numerous lawsuits and investigations into crypto companies. But DOGE has the potential to implement further change, and interest in the SEC signals growing pressure towards regulators to reassess their approach to digital assets.In response to the request for public input, Paul Grewal, Chief Legal Officer at Coinbase — one of the companies no longer facing a lawsuit from...
Amazon Begins Rolling Out Enhanced AI-Powered Alexa+ Assistant
Amazon's Alexa+ debuts in the United States, offering a purportedly smarter, more conversational assistant experience using generative AI.Source link
Bitcoin Eyes $98K as Strong Jobs Report Buoys Markets
The U.S. economy added a higher-than-expected 177,000 jobs in April, sparking a rally in traditional markets as bitcoin climbed closer to $98K. Strong Employment Figures Push Bitcoin Toward $98K Threshold The U.S. Department of Labor surprised bearish economists when it published its highly anticipated jobs report on Friday, showing a stronger-than-expected 177,000 jobs added toSource link
Britain’s Financial Watchdog to Stop Lending for Crypto Asset Purchases
The Financial Conduct Authority (FCA), Britain’s financial watchdog, has decided to step in and stop financial institutions from giving credit to facilitate the purchase of cryptocurrency assets. The decision is part of a larger set of rules the institution aims to include to streamline crypto regulation. “Crypto is an area of potential growth for theSource link