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Category: Technology

Fed Chair Jerome Powell’s Hawkish Comments Throw Some Cold Water on Crypto

A December rate cut from the U.S. central bank might not be as sure of a thing as previously thought.

Strategic Bitcoin Reserve Has Precedent in Other Big U.S. Government Purchases: Michael Saylor

Michael Saylor says the US should and will build a reserve of bitcoin and explains why it is the greatest deal of the 21st century.

Republican State AGs and DeFi Lobby Sue SEC Over Crypto Enforcement Actions

A group of state attorneys general and the DeFi Education Fund filed a lawsuit against the U.S. Securities and Exchange Commission and its five commissioners alleging the regulatory agency was overstepping its bounds in bringing enforcement actions against crypto exchanges.

Ex-SEC Lawyers Agree: Crypto Enforcement Shackles May Take Time to Resolve

After years of legal wrangling with the U.S. securities regulator, President-elect Donald Trump’s win was taken by the crypto industry as a definitive sign that their courtroom shackles and enforcement actions would be thrown off when he takes the oath of office again.

XRP Jumps 17% Outperforms Rest of the Market as Rally Cools; Trader Thinks $120K Bitcoin Target Still in Play

“We believe that the underlying strength in BTC represents a systematic shift in the market in anticipation of Trump’s return to office,” QCP Capital traders said in a Friday broadcast.

Trump Names Former SEC Chair Jay Clayton to DOJ Office, the Same Office That Prosecuted SBF

President-elect Donald Trump said former Securities and Exchange Commission Chair Jay Clayton would be his U.S. Attorney for the Southern District of New York, heading up the state’s Department of Justice branch.

Razzlekhan’s Husband Gets Five Years Prison Sentence for Bitfinex Hack

For her role in the theft and laundering of around 120,000 bitcoin, Razzlekhan will receive her sentence on Nov. 18.

Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto

Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

‘Just Don’t Break’ Bitcoin: Devs Debate Tech Upgrades to Top Crypto

The bitcoiners gathered at OP_Next were decidedly in favor of progress – but not too much progress, and certainly not too fast.

Bitcoin Blasts to $90K as Crypto Rally Shakes Out $900M of Leveraged Bets

Crypto prices continue melting upwards since Donald Trump’s election victory as investors reprice digital assets in anticipation of a friendlier government.

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