2021-6-10 13:34 |
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Donald Trump promised to halt the anti-crypto policies of US President Joe Biden and SEC chair Gary Gensler within an hour of taking office if he is re-elected, Reuters said on June 7. Palantir adviser Jacob Helberg recounted Trump’s statements during a June 6 San Francisco fundraiser, referring to Trump’s target as the “Biden-Gensler crusade […] The post Trump vows to end Biden-Gensler crusade against crypto after taking office appeared first on CryptoSlate.
This week, a bill placed on the Senate calendar introduces several provisions that could impact digital asset protocols and tokens. Although it does not explicitly ban digital asset protocols, its broad scope could allow it to become an attack vector for anti-crypto aspects of the US government.
Stand With Crypto, a digital assets advocacy group backed by Coinbase Inc., said it signed up its first million members as of Wednesday.
VC firm Andreessen Horowitz (a16z) donated $25 million to Fairshake and related entities, a16z crypto Managing Partner Chris Dixon said on May 30. Dixon said the donation would help Fairshake support bipartisan US candidates, promote entrepreneurship, and advance clear rules for digital assets.
Onchain Highlights DEFINITION: The MVRV Z-Score evaluates whether Bitcoin is overvalued or undervalued relative to its “fair value. ” Instead of using a traditional z-score method, the MVRV Z-Score uniquely compares the market value to the realized value.
Quick Take According to Glassnode data, the stablecoin market continues to grow, with the combined market capitalization of the top five stablecoins surpassing $150 billion. Leading the pack is Tether (USDT), which alone boasts a market cap of $112 billion — solidifying its dominance with nearly 75% market share, a level not seen since January […] The post Tether asserts almost 75% dominance in stablecoin market appeared first on CryptoSlate.
Elon Musk denied reports that he had been advising former President Donald Trump on crypto-related matters but reaffirmed his support for digital assets. The Tesla and SpaceX CEO’s public denial came in response to reports from Bloomberg and the Wall Street Journal that claimed Trump is considering Musk for a policy advisory role if he […] The post Musk denies reports claiming he has been counseling Trump on crypto appeared first on CryptoSlate.