Crypto News
GameStop CEO Purchases $10.7M in GME Stock After Bitcoin Push
The video game retailer's stock jumped more than 11% in Friday trading.Source link
‘Cut Interest Rates, Jerome’: Trump Lashes Out as Stocks Tumble
Amid today’s ongoing market volatility, Trump stated that Federal Reserve Chair Jerome Powell must “stop playing politics” and swiftly cut the federal funds rate. Wall Street in Retreat, Trump on the Offensive: Fed Must Act ‘Quickly’ U.S. President Donald Trump’s trade war has unleashed turmoil across Wall Street, with leading stock indices enduring steep declinesSource link
U.S. SEC Staff Clarifies That Most Crypto Stablecoins Aren’t Securities
The U.S. Securities and Exchange Commission has no business with certain stablecoins or their issuers, the regulator's staff declared in the latest statement outlining the corners of the crypto sector for which it doesn't have a legal interest.Since the agency was taken over by President Donald Trump-appointed leadership and formed a Crypto Task Force to ease pressures on the digital assets space, its staff has issued a series of statements meant to clarify the crypto areas outside its jurisdiction — so far including memecoins and proof-of-work crypto mining. It's now added stablecoins to that list. The SEC's Division of Corporation Finance issued the Friday statement — not yet a binding rule, or even formal guidance — to declare stablecoins "do...
Kevin Owocki And Rena O’brien on Politics in Web3
Allo.Capital's Kevin Owocki and Rena O'Brien challenge political labels, arguing that DAOs transcend communism and capitalism by creating new governance models prioritizing collaboration, transparency, and technological innovation.Source link
Public Keys: Circle IP-No, Strategy Nears 3% of Bitcoin Supply, and a Bakkt Investor Gets Rekt
Sources are already telling news outlets that Circle will delay further IPO filings and will indeed push back plans to go public for now.Source link