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Tyler Winklevoss Says Biden-Harris Administration Has Until November to Unwind ‘Four Years of Terror’ on Crypto

Tyler Winklevoss Says Biden-Harris Administration Has Until November to Unwind ‘Four Years of Terror’ on Crypto

The co-founder of crypto exchange Gemini says that the Biden-Harris Administration has just a few months to undo the damage they’ve done to the digital assets industry. In a new post on the social media platform X, billionaire Tyler Winklevoss says that Democratic presidential nominee Kamala Harris should take action to undo the “four years […]

The post Tyler Winklevoss Says Biden-Harris Administration Has Until November to Unwind ‘Four Years of Terror’ on Crypto appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’

JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’

JPMorgan Chase just issued a warning on the economic impact of the presidential election. In a new interview with Bloomberg, JPMorgan’s Chief Global Strategist David Kelly targets former President Trump’s interest in increasing tariffs on imports to reduce income taxes. If Trump triumphs over Biden and hikes tariffs significantly, Kelly says the former president will have […]

The post JPMorgan Chase Issues Economic Warning, Says Trump Victory Over Biden Could Trigger ‘Elixir for Stagflation’ appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Senator Cynthia Lummis Blasts Biden Administration Following President’s Decision To Veto SEC-Related Crypto Bill

Senator Cynthia Lummis Blasts Biden Administration Following President’s Decision To Veto SEC-Related Crypto Bill

A pro-crypto US senator is calling out the Biden Administration after the president vetoed a digital asset bill that passed the House and the Senate. In a new statement on the social media platform X, Republican Senator Cynthia Lummis of Wyoming says that the Biden Administration is attempting to skirt the law by vetoing a […]

The post Senator Cynthia Lummis Blasts Biden Administration Following President’s Decision To Veto SEC-Related Crypto Bill appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

President Biden Vetoes Bill That Would Have Eliminated Controversial SEC Crypto Policy

President Biden Vetoes Bill That Would Have Eliminated Controversial SEC Crypto Policy

President Biden has followed through on a promise to veto SEC-related crypto legislation that recently passed the House and Senate. The bill would have reversed guidance from the SEC that says certain companies should label crypto assets as liabilities on their balance sheet, even if they are simply holding the assets on behalf of customers. […]

The post President Biden Vetoes Bill That Would Have Eliminated Controversial SEC Crypto Policy appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Trump vows to end hostility toward crypto and promote supportive environment for businesses in the US

Trump vows to create a supportive environment for crypto businesses in the US and signals his campaign will accept crypto donations.

The post Trump vows to end hostility toward crypto and promote supportive environment for businesses in the US appeared first on Crypto Briefing.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

$31,800,000,000,000 Debt Ceiling Could Be Raised as President Biden Nears Deal

,800,000,000,000 Debt Ceiling Could Be Raised as President Biden Nears Deal

The US government’s debt ceiling is about to be raised now that President Joe Biden has reached a tentative deal with Speaker McCarthy. Biden says in a tweet that he had reached an agreement with McCarthy on a potential budget “in principle.” “Earlier this evening, Speaker McCarthy and I reached a budget agreement in principle. […]

The post $31,800,000,000,000 Debt Ceiling Could Be Raised as President Biden Nears Deal appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

SEC’s Gensler seeks $2.4B in funding to chase down crypto ‘misconduct’

SEC Chair Gary Gensler says the regulator is spread thin and needs additional funding to keep up with the “increased complexity in the capital markets.”

United States Securities and Exchange Commission (SEC) chair Gary Gensler has thrown his support behind President Biden’s request to allocate a record $2.4 billion in funding for the regulator, highlighting the ongoing need to crack down on “misconduct” in the cryptocurrency industry.

In prepared testimony for the March 29 budget hearing with the House Appropriations Committee, Gensler said the additional funding was needed to keep up the pace of innovation, adding:

“Rapid technological innovation in the financial markets has led to misconduct in emerging and new areas, not least in the crypto space. Addressing this requires new tools, expertise, and resources.”

The additional funding would allow the SEC to hire 170 additional staff, most of whom would work within its enforcement and examination divisions, said Gensler.

Related: Beaxy exchange shutters after SEC presses multiple charges against founder, execs

The SEC chair noted that the prior year's budget increase allowed it to bring staffing levels above what it was in 2016 for the first time, but said the regulatory agency was still stretched thin, adding:

“As the cop on the beat, we must be able to meet the match of bad actors. Thus, it makes sense for the SEC to grow along with the expansion and increased complexity in the capital markets.”

Gensler again described crypto as the wild west, suggesting the nascent industry is “rife with noncompliance,” and that crypto investors were putting their “hard-earned assets at risk in a highly speculative asset class.”

According to Gensler, the regulator “received more than 35,000 separate tips, complaints, and referrals from whistleblowers and others in FY 2022,” which helped it bring more than 750 enforcement actions and “resulted in orders for $6.4 billion in penalties and disgorgement.”

30 of these actions were related to the crypto industry, which resulted in $242 million in monetary penalties and represents a 36% increase over the 22 actions announced in 2021.

Web3 Gamer: Shrapnel wows at GDC, Undead Blocks hot take, Second Trip

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Biden Administration’s Crypto Actions Will Have Election Consequences, According to ARK Invest’s Cathie Wood

Biden Administration’s Crypto Actions Will Have Election Consequences, According to ARK Invest’s Cathie Wood

ARK Invest’s Cathie Wood says the Biden Administration’s abrupt escalation against the crypto industry will have consequences at the ballot box. In a new interview with economist Arthur Laffer, Wood says there is no doubt that the approximately 50 million Americans who own Bitcoin and crypto assets are closely watching recent moves from the White […]

The post Biden Administration’s Crypto Actions Will Have Election Consequences, According to ARK Invest’s Cathie Wood appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This Week

White House Says Biden Has ‘Confidence’ in Fed Chair Powell While Fedwatch Tool Predicts a 25bps Hike This WeekWith the Federal Open Market Committee convening on Wednesday and the recent financial troubles facing the U.S. banking system, White House press secretary Karine Jean-Pierre said President Joe Biden has “confidence” in Federal Reserve chair Jerome Powell. Meanwhile, according to the CME Group’s Fedwatch tool, the target rate probability suggests the Fed will raise the […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil Requests

Report: Saudi Government Privately Mocks Joe Biden’s Mental Acuity, Crown Prince Denies US President’s Oil RequestsAccording to a recent report, members of the Saudi government and crown prince Mohammed bin Salman have been privately mocking U.S. president Joe Biden by questioning his keenness of thought and mental acuity. The report follows Biden’s recent trip to the region in July, when the U.S. president pressed the Saudis for more oil production, […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum