The Defend American Jobs political action committee has spent more than $40 million on media buys supporting businessman Bernie Moreno’s Senate run. Bernie Moreno, the Republican Party candidate for the United States Senate race in Ohio, reportedly claimed to have sold his Bitcoin (BTC) holdings in an apparent attempt to push back against potential conflicts...Continue Reading

FTX announced a partnership deal with the National Basketball Association’s Golden State Warriors in December 2021 — roughly a year before the exchange folded. Coinbase has become one of the first United States-based cryptocurrency exchanges to dip its toe back into the waters of sports sponsorships after the collapse of FTX. In separate October notices,...Continue Reading

Competition is heating up among election betting platforms, with crypto-native Polymarket still strongly in the lead.  Kalshi will start taking deposits in USD Coin (USDC), a popular stablecoin, as the prediction marketplace vies for users ahead of the United States’ November elections, the platform confirmed on Oct. 28. Cryptocurrency deposits will be live imminently, with...Continue Reading

The investment manager’s long-term model puts BTC’s price at roughly $3 million by 2050. Bitcoin’s (BTC) performance is creating a “very bullish setup” for the digital asset as investors brace for the United States presidential election in November, Matthew Sigel, VanEck’s head of digital assets research, told CNBC on Oct. 28. “Our bet is that...Continue Reading

Michael Saylor combats fiat devaluation by investing in Bitcoin, leveraging its deflationary nature and long-term growth potential, while cash loses value due to inflation. Time value of money (TVM) is the concept that money has greater value now than it will in the future based on earning potential.  Generally, fiat money is devalued by inflation,...Continue Reading

The Hong Kong Monetary Authority launch Project Ensemble in March and now has at least three countries participating.  The Hong Kong Monetary Authority (HKMA) has been networking its tokenization-focused Project Ensemble and has new collaborations to show for it. Project Ensemble is being linked with the Central Bank of Brazil’s (CBB) Drex pilot project and the Bank...Continue Reading

According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment. Digital asset inflows experienced a notable surge in the week ending Oct. 25, reaching $901 million, largely fueled by a spike in Bitcoin transactions and propelling year-to-date totals to $27 billion.  According to the CoinShares weekly flows report,...Continue Reading

The Nigerian government has dropped charges against a Binance exec, Ripple has filed an appeal, FTX settled with Bybit, and Denmark moves to tax unrealized crypto gains. On Oct. 23, the Nigerian government dropped all charges against Binance executive Tigran Gambaryan, who has been detained in a Nigerian prison for more than seven months.  The...Continue Reading

Bitcoin price rallies as traders react to geopolitical and economic uncertainty, as the potential outcome of the upcoming US election. Bitcoin (BTC) price gained 3.2% between Oct. 27 and Oct. 28, briefly testing the $69,200 level for the first time in a week. Although the rally encountered some resistance, Bitcoin bulls believe the conditions for...Continue Reading

It’s the first United States university endowment to report holding Bitcoin ETFs, according to Bloomberg. Emory University has accumulated Bitcoin (BTC) exchange-traded fund (ETF) shares worth upward of $15 million, according to an Oct. 25 regulatory filing. This makes Emory the first college endowment to report holding shares in a BTC ETF, Eric Balchunas, a...Continue Reading