Ray Dalio says Bitcoin blocks central banks

Ray Dalio said Bitcoin lacks privacy and its transparency is why central banks will not hold it. Summary Bridgewater founder Ray Dalio posted on X that Bitcoin lacks privacy and its transactions can be monitored and potentially controlled by governments. Dalio said gold remains superior because it is more widely held, deeply established, and still…

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Mike Novogratz’s Galaxy and Sharplink Launch $125M Ethereum-Powered DeFi Yield Fund

Sharplink remains the second-largest Ethereum treasury company with roughly 868,700 ETH. Mike Novogratz’s digital asset firm Galaxy Digital and ETH treasury company Sharplink announced a non-binding memorandum of understanding to form the Galaxy Sharplink Onchain Yield Fund. This new private investment vehicle will focus on DeFi liquidity protocols and other on-chain yield-generating strategies. $125M…

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CryptoQuant signal flips green since March 2023

CryptoQuant signal has flipped Bitcoin into early bull territory for the first time since March 2023, analysts say. Summary CryptoQuant’s Bull-Bear Market Cycle Indicator entered bullish territory on May 12, using its Profit and Loss Index to confirm the regime shift. The last confirmed green signal in March 2023 preceded a sustained bull run taking…

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SEC-CFTC Alignment Cuts Risk of Overlapping Enforcement Actions

Key Takeaways CFTC and SEC efforts aim to bring more consistency to overlapping financial market oversight. Growing market overlap has increased pressure for clearer, more consistent regulatory coordination. Firms may see reduced compliance friction if joint agency work advances. SEC and CFTC Advance Crypto Policy Alignment Efforts U.S. Commodity Futures Trading Commission (CFTC) Chair Michael…

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