The OCC makes an initial step towards creating easier banking access for crypto firms as it rescinds certain Agency decisions. Earlier, Treasury Secretary Scott Bessent disclosed that he would be working with the OCC to withdraw guidances that are affecting the crypto industry. The Office of the Comptroller of the Currency (OCC) has, in a…
In her review of the 2023 edition of the Apple Mac Studio, Brenda Stolyar called the pint-sized powerhouse “the Goldilocks Mac”—suggesting its combination of performance and price was just about perfect for power users, at least those that don’t need the hemorrhage-level bleeding-edge performance of the Mac Pro tower. Today Apple aims to maintain that…
According to analysis by The Kobeissi Letter, a rapid shift from extreme greed to extreme fear among investors—not the U.S.-China trade war—has driven a historic $5.5 trillion collapse in global markets since mid-February. Risk Aversion, Not Tariffs, Drives Historic $5.5 Trillion Market Crash The S&P 500 and cryptocurrency markets have collectively lost $5.5 trillion in…
A new prediction market platform Truemarkets has finally launched after raising over $4 million through its public Oracle Patron NFT sale in Nov. 2024, with Buterin minting 400 NFTs. Truemarkets (TRUE), the decentralized prediction market platform built on the Base Layer 2 blockchain has officially launched. Similar to Polymarket, Truemarkets aggregates breaking headlines across different…
A 2018 Ripple internal email rekindles the claims that the company is behind the “Bitcoin is controlled by China” propaganda. Ripple boss Brad Garlinghouse is reported to have publicly confirmed this claim as the company also stated a similar position in its Wells Notice response to the US Securities and Exchange Commission (SEC) in 2020. …
General Fusion announced on Tuesday that it had successfully created plasma, a superheated fourth state of matter required for fusion, inside a prototype reactor. The milestone marks the beginning of a 93-week quest to prove that the outfit’s steampunk approach to fusion power remains a viable contender. The reactor, called Lawson Machine 26 (LM26), is…
Utah lawmakers passed a digital assets bill but not without a major change. The provision in the Utah Bitcoin Reserve Bill that would have allowed the state to buy bitcoin was removed before final approval. So Utah will not have a bitcoin reserve – at least not yet. The HB230 bill, the “Blockchain and Digital…
Key Takeaways Strategy plans to offer up to $21 billion in preferred stock to expand its Bitcoin holdings. The company uses various financing methods, such as debt offerings and equity issuances, to fund Bitcoin acquisitions. Share this article Strategy plans to sell up to $21 billion in 8.00% Series A Perpetual Strike Preferred Stock through…
Binance has banned a market maker and confiscated its proceeds after conducting an investigation that indicated the entity committed misconduct. The top global crypto exchange didn’t disclose the identity of the market maker but noted that it operated as a liquidity provider for the decentralized security layer GoPlus Security (GPS) and the AI consumer project…
Grok’s $30,000 XRP valuation is based on an unrealistic $30 trillion daily transaction volume — current market conditions make such figures unlikely. XRP’s price depends heavily on transaction velocity and circulating supply — a higher velocity or larger supply would significantly lower price projections. According to the last XRP price forecast reported by CNF, analysts…
