Coinbase chief executive Brian Armstrong says the results of the US election are a huge victory for the crypto industry. In a long post on the social media platform X, Armstrong says the executive and legislative branches of the US government are set to be replaced by politicians who have voiced their support for the […]
The post ‘Most Pro-Crypto Congress Ever’ – Brian Armstrong Says US Voted for 257 House Candidates Favoring Digital Assets appeared first on The Daily Hodl.
Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to lower interest rates again. The Federal Open Market Committee (FOMC) voted this week to lower the Fed’s policy interest rate by one-fourth of a percentage point, following September’s 50 basis-point cut. Fed Chair Jerome […]
The post Bitcoin Cracks $77,000 After US Federal Reserve Votes To Cut Interest Rates Again appeared first on The Daily Hodl.
The second-largest US bank by total assets says it’s preparing for significant losses due to ongoing regulatory issues. In a new filing with the U.S. Securities and Exchange Commission (SEC), Bank of America says it faces a “reasonably possible and estimable” loss of up to $800 billion due to investigations from the Consumer Financial Protection […]
The post Bank of America Bracing for $800,000,000 Loss As Investigators Probe BofA, JPMorgan Chase and Wells Fargo’s Alleged Refusal To Reimburse Customers appeared first on The Daily Hodl.
Donald Trump reportedly appears to have no problem with Federal Reserve Chair Jerome Powell serving the remainder of his term until May 2026. Trump appointed Powell during his first term but the two clashed several times leading to the then 45th US president threatening to remove the Fed Chair from office. Powell kept his post […]
The post Trump Appears Set To Keep Fed Chair Jerome Powell On Until His Term Ends in 2026: Report appeared first on The Daily Hodl.
FTX co-founder and former CTO Gary Wang continues to work with US authorities after giving his testimony at the trial of his college roommate and ex-colleague, Sam Bankman-Fried. Wang is among the FTX executives who were charged following the collapse of the FTX crypto exchange. He pleaded guilty to four criminal counts in December 2022. […]
The post Embattled FTX Co-Founder Gary Wang Is Building US Authorities a Tool To Track Illicit Activity on Crypto Exchanges appeared first on The Daily Hodl.
As Polymarket bettors worldwide rake in their wins following President Donald Trump’s re-election victory over Vice President Kamala Harris, France’s top gambling regulator is announcing a probe into the popular betting platform. According to a new Reuters report, the French gambling regulatory authority, the Autorité Nationale des Jeux (ANJ), is turning its focus to Polymarkets […]
The post French Gambling Regulator Announces Plans To Probe Polymarket Following Big Wins on Trump Presidency: Report appeared first on The Daily Hodl.
Donald Trump won the US presidential election on Tuesday, but Bitwise chief investment officer Matt Hougan thinks crypto was already on a long-term path to adoption regardless of who took the White House. Hougan noted in a recent analysis prior to the election that a Trump victory would help reduce regulatory risk for altcoins. However, […]
The post Bitwise CIO Matt Hougan Says Wall Street and Institutions Will Adopt Crypto Regardless of Election Results appeared first on The Daily Hodl.
The chief executive of crypto asset management firm Galaxy Digital says that big changes are coming to the digital assets industry following yesterday’s US presidential election. In a new interview with CNBC Television, billionaire Mike Novogratz says that not only are President-elect Donald Trump’s stances pro-crypto, he’s surrounded by individuals who will help the industry […]
The post Billionaire Mike Novogratz Says Big ‘Step Change’ Underway for Crypto Industry Following Trump Victory appeared first on The Daily Hodl.
Coinbase-backed digital asset advocacy group Stand With Crypto says that over 250 pro-crypto candidates were voted into Congress. According to the non-profit organization, last night’s presidential election – which saw Donald Trump defeat Vice President Kamala Harris – also included victories for 257 pro-crypto candidates in the House and 16 in the Senate. However, Stand […]
The post 269 Pro-Crypto Candidates Voted In to House of Representatives and Senate: Stand With Crypto appeared first on The Daily Hodl.
Circle chief executive Jeremy Allaire reportedly thinks stablecoins will become a regulated financial network all over the world. Allaire says in a new interview with the South China Morning Post (SCMP) that Circle is acting as a test subject for global stablecoin regulation. According to Allaire, stablecoin regulation is in its early days and the […]
The post Circle CEO Jeremy Allaire Says Stablecoins To Become Regulated Financial Infrastructure ‘Everywhere’: Report appeared first on The Daily Hodl.
