NewsBriefs - TD Cowen predicts SEC to adopt crypto rules under Republican majority
12/17/2024 01:11
TD Cowen anticipates that the US Securities and Exchange Commission (SEC) may see the departure of key Democratic commissioners, leading to ...
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TD Cowen predicts SEC to adopt crypto rules under Republican majority
TD Cowen anticipates that the US Securities and Exchange Commission (SEC) may see the departure of key Democratic commissioners, leading to an all-Republican leadership possibly advancing crypto regulations more swiftly. The firm indicated the political shift may speed up rule adoption but warned that the lack of bipartisan support could undermine rule stability and future bipartisan regulation.
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Bitcoin reaches new all-time high above $107,700, propelled by robust spot volumes
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Pixels partners with Crack and Stack to launch Pixel Dungeons, expanding $PIXEL token utility
Pixels, recognized as the most popular Web3 game based on daily active players, announced a collaboration with Crack and Stack to develop and launch a new game, Pixel Dungeons. This initiative will enhance the utility of the $PIXEL token and integrate Pixels' Reputation System, which rewards players based on their in-game actions and token holdings. The newly introduced game features a competitive play-to-earn model, where players can earn $PIXEL tokens by navigating dungeons, battling opponents, and avoiding traps. Pixels aims to leverage this partnership to expand its user base and increase token use in their gaming ecosystem, aligning with their strategic focus on monetizing and growing visibility in the Web3 gaming sector.
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TD Cowen predicts SEC to adopt crypto rules under Republican majority
TD Cowen anticipates that the US Securities and Exchange Commission (SEC) may see the departure of key Democratic commissioners, leading to an all-Republican leadership possibly advancing crypto regulations more swiftly. The firm indicated the political shift may speed up rule adoption but warned that the lack of bipartisan support could undermine rule stability and future bipartisan regulation.
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Riot Platforms increases Bitcoin holdings to 17,429 BTC using bond proceeds
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Coinbase addresses $1 billion lawsuit over wBTC delisting and its own cbBTC token
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World Liberty Financial’s $2M LINK bet fuels Chainlink rally to 2021 price levels
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Grayscale introduces new investment funds for Lido and Optimism tokens
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Frax Finance teams up with IQ to launch AI agents on blockchain
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Pantera Capital predicts shift to fundamental investing in crypto
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Ray Dalio advocates for Bitcoin as protective asset amid global debt concerns
Ray Dalio, founder of Bridgewater Associates, endorsed gold and Bitcoin as preferable to debt assets in a speech at the Abu Dhabi Finance Week. Dalio highlighted the rising levels of indebtedness in major economies and the potential for future financial crises that could devalue conventional money. Despite his skepticism, Dalio admitted to owning bitcoin in 2021. Dalio stepped down from Bridgewater in October 2022, having relinquished his leadership roles over several years.
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Circle and Binance partner to expand global reach of USDC
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Magic Eden's ME token struggles at launch amid user complaints
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El Salvador and Argentina sign crypto regulation agreement to boost industry development in Latin America
El Salvador and Argentina have signed an agreement to collaborate on crypto regulation, aiming to share knowledge and promote regional development of the digital asset industry. Juan Carlos Reyes of El Salvador's CNAD and Roberto Silva of Argentina's CNV are leading this initiative. This partnership is intended to enhance the innovation and adoption of crypto technologies in Latin America, reflecting the significant role of international collaborations in fostering a well-regulated crypto ecosystem.
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Trump aims for Bitcoin to reach $150,000 during his presidency, Axios reports
Following his election victory, President Donald Trump expressed a desire for Bitcoin to surpass $150,000, reflecting his focus on the token's price as a measure of economic success. Bitcoin's price has notably increased since Trump's election, reaching new highs. Additionally, Trump plans to implement crypto-friendly regulations and has nominated Paul Atkins for SEC chair, indicating a proactive stance on crypto during his presidency.
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Tether's USDT gains acceptance as a virtual asset in Abu Dhabi Global Market
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