2022-12-23 21:35 |
In testimony before the U.S. Senate Banking Committee, actor Ben McKenzie and professor Hillary Allen offered inaccuracies about Bitcoin.
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The price of bitcoin and other major cryptocurrencies fell amid testimony by U.S. central bank Chair Jerome Powell, who said a recession might not be avoidable.
2022-6-23 23:49 | |
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Testimony from the Fed Chair provides no surprises while risk assets meander on the Wall Street open.
2022-6-23 16:59 | |
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We received the statistics and read the charts, but… what was El Salvador’s first day under Bitcoin law really like? Let’s follow Bart Mol, Dutch national and host of the Satoshi Radio Podcast, on a wild ride between San Salvador and El Zonte.
2021-9-9 23:43 | |
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2021-7-17 14:52 | |
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The USD is getting a boost from high inflation concerns, with traders now looking forward to the Fed Chair’s testimony this week. Blackrock CEO is also concerned about inflation which he says “is going to be more systematically,” noting asset owners are the biggest beneficiaries of monetary policy.
2021-7-15 17:05 | |
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Bitcoin has taken another hit. The first cryptocurrency by market cap lost support in the high area around $30,000 and currently struggles to maintain the mid area. At the time of writing, BTC trades at $36,120 with losses across the board.
2021-6-20 19:10 | |
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Over six years ago, at the Massachusetts Institute of Technology (MIT), a couple of scholars distributed $100 in bitcoin to 3,100 students. According to testimony from a few participants who held the leading crypto asset since then, the students netted 13,000% in profit.
2021-6-7 11:30 | |
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Key Bitcoin Takeaways Bitcoin reversed its short-term downside bias after Elon Musk introduced a new BTC payment option on Tesla online stores. Meanwhile, the US dollar index reached a fresh year-to-date after Jerome Powell’s congressional testimony on Tuesday.
2021-3-24 14:35 | |
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An overnight price correction in the Bitcoin market after the Federal Reserve Chairman Jerome Powell's testimony paused midway as Elon Musk came to the rescue.
2021-3-24 11:15 | |
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On this "Fed Watch," the hosts discussed Tether FUD, Jerome Powell's latest speech and bitcoin price action. The post Tether, Powell Testimony And Bitcoin Hegemony appeared first on Bitcoin Magazine.
2021-2-25 00:31 | |
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Bitcoin fell by almost 20 percent after touching its record high of $58,367 on Sunday as traders decided to secure their profits against the US economy's recovery prospects.
2021-2-24 11:41 | |
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Bitcoin dropped on Tuesday, with its bull run foreshadowed briefly by short-term profit seekers. The benchmark cryptocurrency plunged almost 1. 5 percent to $19,385 ahead of the New York opening bell, suggesting that traders secured their gains at local tops.
2020-12-1 15:43 | |
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On June 30, a jury trial was scheduled for the notorious Kleiman v. Wright lawsuit on October 13. Now a recent filing from the plaintiffs notes that when Craig Wright’s ex-wife Lynn Wright recently testified, she revealed a number of interesting findings.
2020-8-7 23:00 | |
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China is racing ahead in becoming a fully digitized economy, which explains why it will soon have to adopt Bitcoin and other digital assets in order to cope with the upcoming nature of its economy. It is apparent that China is becoming a blockchain-friendly nation. and warming up to new technologies in a quest to […]
2019-11-20 01:41 | |
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Mark Zuckerberg testified in front of Congress yesterday, and to questions thrown his way were riddled with suspicion and contempt. Members of Congress present for the heated testimony emphasized Facebook’s inability to act on important issues such as election time misinformation, false advertising, and refusal to fact check any information, according to Bloomberg, October 23,Read MoreRead More.
2019-10-24 15:00 | |
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At Facebook CEO Mark Zuckerberg’s Senate testimony, Republican congressman Ted Budd of North Carolina said that Bitcoin, Ethereum, and XRP are actual cryptocurrencies, while Libra isn’t. By “actual” cryptocurrencies, Congressman Budd likely meant that unlike the three assets, Libra is not open-sourced and permissionless.
2019-10-24 12:02 | |
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BTC moved down on the day of Mark Zuckerberg’s testimony before the House of Representatives.
2019-10-24 10:36 | |
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As Facebook’s Mark Zuckerberg prepares to testify in front of Congress, Bitcoin loses $500 to drop below $7,500.
2019-10-23 17:12 | |
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There is less than a day for Mark Zuckerberg to formally provide testimony in front of the Congressional financial services committee. Facebook’s head honcho is preparing himself to vehemently defend Libra, but also to admit to Facebook’s past mistakes, according to the New York Times, October 22, 2019.
2019-10-23 15:46 | |
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CEO Mark Zuckerberg will be the next Facebook executive to face a bipartisan grilling when he testifies before the US House Committee on Financial Services tomorrow. The committee published a transcript of Zuckerberg’s prepared testimony ahead of the hearing, and there was one thing noticeably absent from his statement: any reference to bitcoin, cryptocurrency, or […] The post Zuckerberg’s Congressional Testimony Includes Zero References to Crypto or Bitcoin appeared first on CCN.com
2019-10-22 20:54 | |
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A recent article from MIT Technology Review has leveraged a somewhat sensationalist headline to stir up fear about bitcoin and crypto. The article, written about a “hidden” government weapon to be deployed against Bitcoin, references September 3 senate subcommittee testimony by Washington D.
2019-9-10 19:15 | |
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Craig Wright’s motion to have the Kleinman lawsuit dismissed for lack of jurisdiction was denied. The court did not find Wright’s testimony to be credible, and ruled that it did, in fact, have jurisdiction in the Wright v.
2019-8-17 02:15 | |
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The judge overseeing the ongoing lawsuit against Craig Wright, who claims to have invented bitcoin, shot down a motion challenging the court's jurisdiction over the suit.
2019-8-16 22:00 | |
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Self-proclaimed Bitcoin creator, Craig S. Wright (CSW) is once again being accused of forging documents as part of the Kleiman v. Wright case. Another Forgery Claim Hits Wright Redacted court documents from a hearing held back in late July show Bitmessage developer Jonathan Warren providing testimony which shows Wright forging documents.
2019-8-15 18:00 | |
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The ongoing Kleiman v. Wright case saw expert testimony on Monday from the plaintiff’s cryptography specialist, alongside the defendant Craig Wright’s witness, Nchain CTO Steve Shadders.
2019-8-8 19:00 | |
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Following the testimony of the US Federal Reserve Chairman regarding Cryptocurrencies and those of the St. Louis Fed President, Bitcoin prices have started slipping again from its year to date high of $13,387.
2019-7-25 13:54 | |
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A new filing has been submitted to the ongoing Kleiman v. Wright case stemming from a man who claims to be Satoshi Nakamoto. The man, named Debo Jurgen Etienne Guido, has sent handwritten testimony to the Southern District of Florida courthouse asserting that he is the “genuine and only originator/creator” of the genesis block that […] The post Another Self-Proclaimed Satoshi Appears in the High Profile Bitcoin Lawsuit appeared first on Bitcoin News.
2019-7-24 21:00 | |
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Despite recent testimony from Bitwise to the U. S. Securities and Exchange Commission (SEC), which stated that up to 95% of Bitcoin trading volume is fake, quant trading firm Alameda Research deny the validity of this claim, instead of arguing that the truth is far less clear.
2019-7-24 19:14 | |
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Coinspeaker FED Chairman Jerome Powell Compares Bitcoin to GoldJust recently, during his testimony before the Senate Banking Committee, FED Chairman Jerome Powell looked into the Facebook's Libra cryptocurrency, compared Bitcoin to Gold, saying that it's an alternative to the asset.FED Chairman Jerome Powell Compares Bitcoin to Gold
2019-7-12 11:38 | |
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In a remarkable admission during his testimony to Congress, Federal Reserve Chair Jerome Powell admitted that bitcoin is used as an alternative to gold, conceding that BTC is a store of value. He said before the Senate: "Really, almost no one uses bitcoin for payment, they use it more as an alternative to gold really.
2019-7-12 01:20 | |
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Cryptocurrencies took the center stage again during Federal Reserve Chairman Jerome Powell’s second day of testimony before the U. S. Senate. Today, lawmakers expressed their concerns about the threat that bitcoin and other cryptocurrencies pose to the financial system, including the possible challenge of bitcoin replacing the U.
2019-7-12 01:02 | |
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Last week, Craig Wright, the man who claims he’s Satoshi Nakamoto, appeared in court and testified why he did not have access to his public bitcoin addresses and trust information. Since then a lot of new evidence has been submitted to the court and members of the crypto community have dissected Wright’s recent testimony and […] The post Experts Dissect Craig Wright’s ‘Satoshi’ Testimony and Court Documents appeared first on Bitcoin News.
2019-7-8 12:00 | |
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Imagine for a moment that Craig Wright truly is who he says he is; the inventor of Bitcoin. Imagine you are one of the few who, despite the evidence against his many rambling arguments, believe he truly is the creator of this revolutionary monetary system, now rejected by its creator because it has been used […] The post Wright Buys More Time: But Does His Testimony Hurt Or Boost Bitcoin? appeared first on Crypto Briefing.
2019-7-1 21:42 | |
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Forced to spend the rest of his days in a cage, Ross Ulbricht has recounted his situation in a letter, which explains how he’s spent more than 2,096 days in a U. S. federal penitentiary for running a website.
2019-6-29 20:55 | |
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On June 28, Craig Wright, the Australian native who claims to be Satoshi Nakamoto, spent the day in a Florida court battling with the Kleiman attorney. Wright became emotional when he told the court that he designed the network but didn’t like how it turned out.
2019-6-29 17:10 | |
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Self-proclaimed Bitcoin ‘inventor’, Craig Wright, was giving a testimony yesterday to explain why he can’t produce the public addresses of the bitcoin he has mined. Fortunately, law reporter, Carolina Bolado, was there to tweet progress as it happened.
2019-6-29 15:00 | |
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A man who frequently flaunted his wealth on social media has been found guilty of importing and trafficking drugs purchased with Bitcoin on the dark web. Brendan Leigh Baker, 27, a former cafe owner in Canberra, was found guilty in the ACT Supreme Court this week.
2019-6-19 13:04 | |
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Bitcoin was the creation of a programmer and drug lord who wanted to launder money, and Craig Wright is trying to steal his private keys. Bitcoin Creator, Solotshi Nakamoto? That was the latest wild conclusion to emerge in the debate over who the ‘real’ inventor of Bitcoin is – the entity behind the Satoshi Nakamoto pseudonym – as Wright’s multibillion-dollar court case continues.
2019-5-14 01:00 | |
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By CCN. com: J. Christopher Giancarlo, the retiring chairman of the CFTC, expects a massive spike in interest in cryptocurrencies with the launch of bitcoin futures products. Giancarlo made the remarks in a May 1 speech before a Congressional committee.
2019-5-3 16:39 | |
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In his testimony before the House Committee on Agriculture Subcommittee on Commodity Exchanges, Energy and Credit Washington, D. C. , May 1, 2019, CFTC chairman J. Cristopher Giancarlo asserted that the mounting interest in cryptocurrencies might bring new applications for clearinghouse registration.
2019-5-2 17:00 | |
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The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million.
2019-4-27 01:30 | |
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Coin Center, an advocacy group that works to protect open blockchain networks, has gained attention recently due to one of its own testimony before the U. S. Commodity and Futures Trading Commission (“CFTC”).
2019-3-31 17:14 | |
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Speaking as part of a testimony to the United States Senate Committee on Banking, Housing, and Urban Development, the chairman of the U. S. Securities and Exchange Commission Jay Clayton expressed optimism that the distributed ledger technology (DLT) sector will “facilitate capital formation.
2018-12-15 23:55 | |
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Despite the growing popularity and acceptance of Bitcoin, every now and then there is someone who lambastes it. Recently, it was Nouriel Roubini, an economist and professor at New York University’s Stern School of Business, who attacked cryptocurrencies, calling them the “mother of all scams and bubbles.
2018-10-24 18:30 | |
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Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it.
2018-10-24 19:38 | |
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Nouriel Roubini, an economist best known for his predictions of the 2008 housing bubble, and Peter Van Valkenburgh, Coin Center’s director of research, testified before the U.
2018-10-12 18:06 | |
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The last 24 hours has been one of those all-too-rare periods in which the cryptosphere unites against a shared enemy. We’ll detail who in The Daily, right after we’ve discussed blockchain spam, Blockfolio’s new funding round, and how we learned an opsec lesson from Kanye West.
2018-10-12 12:05 | |
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Nouriel Roubini who’s popularly known as Dr. Doom because of his stance on cryptocurrency further reaffirmed his opinion on cryptocurrency again, by tagging it the mother of all scams. This is an opinion expressed in his prepared testimony for a Senate Banking Committee hearing.
2018-10-12 22:50 | |
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Noted Bitcoin critic Nouriel Roubini will deliver a speech on cryptocurrency and blockchain to the U. S. Senate today, and it is unlikely that the man known as “Dr. Doom” will mince his words.
2018-10-11 15:00 | |
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Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.