Category Archive: Cryptocurrency, No picture
a16z crypto policy lead Brian Quintenz emerges as leading candidate for CFTC chair under Trump administration
Key Takeaways Brian Quintenz, linked with a16z crypto, is a leading contender for the CFTC chair position under Trump’s new administration. With Paul Atkins nominated to lead the SEC, it is anticipated that Trump’s transition team will soon announce their pick for the CFTC chair. Share this article President-elect Donald Trump’s transition team has wrapped […]
Vancouver approves motion to explore Bitcoin as a reserve asset
Key Takeaways The Vancouver City Council has approved a motion to make the city “Bitcoin-friendly.” Mayor Sim advocates for the adoption of Bitcoin as a means to protect the city’s purchasing power from inflationary pressures. Share this article Vancouver City Council has greenlit a proposal to explore the incorporation of Bitcoin into municipal financial operations, […]
Riot Platforms completes $525M offering to buy Bitcoin
Key Takeaways Riot Platforms raised $525 million to fund Bitcoin purchases and operations. Riot currently holds 12,000 Bitcoin, valued at approximately $1.2 billion. Share this article Riot Platforms, a leading Bitcoin mining company, has completed its $525 million senior note offering, according to a filing with the SEC. The private offering, initially announced earlier this […]
Vancouver City Council to discuss proposal exploring Bitcoin as a reserve asset today
Key Takeaways Vancouver city council is reviewing a proposal to explore Bitcoin as a reserve asset. The proposal aims to diversify the city’s financial reserves despite opposition citing Bitcoin’s volatility and legal restrictions. Share this article The Vancouver City Council will meet today to discuss numerous items, including a proposal from Mayor Ken Sim to […]
Google to launch advanced AI agents under its new Gemini 2.0 release
Key Takeaways Google launches advanced AI agents to lead the agentic era as part of its new Gemini 2.0 release. Google introduces Deep Research feature in Gemini 2.0, enabling advanced reasoning and report compilation for complex topics. Share this article Google has announced its plans to launch advanced AI agents under its new Gemini 2.0 […]
Apple partners with Broadcom to develop “Baltra,” its first in-house AI server chip
Key Takeaways Apple is collaborating with Broadcom to develop its first in-house AI chip, expected to enter mass production by 2026. The chip, named Baltra, will focus on processing new data and transferring it to large language models. Share this article Apple is collaborating with Broadcom to develop its first in-house AI server chip, internally […]
US November CPI matches expectations, Fed rate cut likely ahead
Key Takeaways US consumer prices rose 2.7% annually in November, keeping inflation above the Federal Reserve’s 2% target. Traders are anticipating a quarter-point reduction in the federal funds rate at the upcoming Federal Reserve meeting. Share this article Fresh November CPI data out Wednesday showed consumer prices increased as expected, keeping the Federal Reserve on […]
SEC’s Caroline Crenshaw faces intense opposition ahead of Senate vote
Key Takeaways Caroline Crenshaw is criticized for her stance against crypto and spot Bitcoin ETFs. The SEC faces leadership changes amid internal disagreements on crypto regulation. Share this article The Senate Banking, Housing and Urban Affairs Committee is set to decide on the reappointment of Caroline Crenshaw as SEC commissioner tomorrow. Crenshaw’s renomination, however, faces […]
MicroStrategy to join Nasdaq 100 with $2.1 billion in ETF share buying expected
Key Takeaways MicroStrategy is set to join the Nasdaq 100 Index, with an official announcement expected on December 13. MicroStrategy’s Nasdaq 100 inclusion could drive $2.1 billion in ETF share buying. Share this article MicroStrategy is expected to join the Nasdaq 100 Index on December 23, with an official announcement scheduled for this Friday, December […]
Ripple’s RLUSD stablecoin receives final NYDFS approval
Key Takeaways Ripple received final approval from NYDFS for its RLUSD stablecoin, a significant regulatory milestone. RLUSD will be backed by US dollar deposits, short-term US government treasuries, and other cash equivalents. Share this article Ripple has received final approval for its stablecoin, RLUSD, from the New York Department of Financial Services, as confirmed by […]
