Crypto News
EU Approves Commissioners, Including Ones Who Will Likely Oversee Crypto Rules
The European Parliament approved its slate of commissioners on Wednesday, including the individuals who will be responsible for monitoring regulations around digital assets.In September, European Parliament President Ursula Von der Leyen proposed a list of commissioners. While crypto did not stand out as a core topic amongst the roles, this group will be responsible for ensuring digital asset rules are implemented.The European Union (EU), a bloc of 27 nations, was the first major jurisdiction in the world to establish a bespoke crypto legislative package last year, otherwise known as the Markets in Crypto Assets legislation (MiCA). Stablecoin rules came into force in June, while the rest of the rules are expected to come in force by December."I don't expect a...
BTC Recovers, Tornado Cash avoids Sanctions, VIRTUAL hits $900M
BTC recovers after $600m liquidations. Options show BTC has 50% chance for $100k in 2024. BTC could drop lower before $100k: StanChart. Brazil congressman proposes $18bn BTC reserve. US not allowed to sanction Tornado Cash. Trump wants CFTC to lead digital asset regulation. BTC ‘could drop 20%’ if M2 correlation returns. Bitwise files for BTC & ETH mixed ETP. XRP sends another $25mn to Crypto PAC. Iran to launch digital CBDC to avoid sanctions.Source link
Crypto.com Competition Will Feature Major Golfers, Hand Out Millions in CRO
Four of the world’s best golfers will compete in a Crypto.com golf showdown with a “multimillion-dollar” prize pool of the crypto token CRO.Source link
Bitcoin Miner IREN Surges on Renewed AI Interest, Possible BTC Dividend Payment
Bitcoin miner IREN (IREN) rose nearly 30% on Wednesday after executives said the company had received interest from an artificial intelligence (AI) firm and mentioned a potential dividend in BTC during an earnings conference call.The Sydney-based company has been approached by a hyperscaler firm (large cloud service provider) for potentially hosting computing infrastructure at IREN's Sweetwater mining site in Texas, co-CEO and co-founder Daniel Roberts said on the call."Two hours ago, we got an email from a trillion-dollar hyperscaler that said they weren't interested in Sweetwater, and now they are," Roberts said without giving out too many details."We will continue not to provide guidance on specific terms or timing, given the uncertainties. Given the nature that we are dealing with...
Bitcoin Layer-2 GOAT Network Will Let Users Stake Dogecoin to Earn Crypto
GOAT Network said that Dogecoin holders can lock up their meme coins to help secure the yet-to-be-launched Bitcoin layer-2.Source link