Crypto-supportive litigator John Deaton is off to a strong start in his bid to displace Massachusetts Senator Elizabeth Warren from her place in Parliament – at least when it comes to fundraising. John Deaton’s Campaign Fundraising As reported by Eleanor Terret of Fox Business, the lawyer-turned-senate hopeful raised $1.36 million for his campaign Q1, compared...
10x Research Founder Markus Thielen who predicted Bitcoin’s recent pre-halving rally to all-time highs has turned bearish on risk assets such as technology stocks and cryptocurrencies. In a CoinDesk interview in February 2024, Theilin stated that “Bitcoin rallies an average of 32% in 60 days ahead of the halving”. Citing it to be upheld as...
Before the emergence of Web3, brands primarily relied on Web2 channels, such as social media, to connect with consumers. In fact, recent statistics show that 77 percent of businesses use social media to reach customers. Consumer engagement strategies are evolving, however. With the maturation of new technologies like blockchain and artificial intelligence, forward-thinking brands have...
According to Grayscale, recent inflation figures may have a short-term negative impact on crypto, but continuous inflation will ultimately increase sentiment towards cryptocurrency. Inflation refers to the prolonged increase in the general price level of goods and services in an economy over time, usually resulting in a decline in the purchasing power of fiat currency....
Japan’s ruling party, the Liberal Democratic Party, wants the government to carry out “immediate” crypto tax reforms. Per an official Liberal Democratic Party release and a report from the Japanese-language media outlet CoinPost, the party’s web3 project team unveiled a “White Paper” on April 12. In February, the government unveiled plans to allow venture capital...
BTC has dipped by 0.5% today, with the Bitcoin price more or less holding to the $70,700 level on a day when the crypto market has fallen by 1%. Bitcoin remains up by 5.5% in a week, with its market cap returning to $1.39 trillion in the past 24 hours, in a sign of returning...
Guy Ficco, the Criminal Investigation Chief at Internal Revenue Service (IRS), has indicated the agency is bracing for a significant increase in cases of crypto-related tax evasion this tax season. In an interview with CNBC at the Chainalysis Links event in New York, Ficco expressed concerns about the rising number of digital asset and crypto...
In 2017, a meme of Christian Langalis went viral after he held up a “Buy Bitcoin” sign during Federal Reserve Chair Janet Yellen’s Congressional testimony. Langalis, also known as the “Bitcoin Sign Guy” is now auctioning off the exact same Bitcoin sign sketched on a yellow legal pad that he held up behind Yellen. The...
Decentralized finance (DeFi) -focused Layer 1 blockchain platform Berachain, announced it has secured $100 million in a funding round led by Brevan Howard Digital and Framework Ventures. In an announcement made using the social media platform X, the firm said additional funding came from Polychain Capital, Samsung Next, Hack VC, Animoca Brands, and Hashkey Capital,...
The Australian Securities and Investments Commission (ASIC) has received a nod from a Federal Court to appoint receivers for digital assets held by a group of collapsed crypto mining companies and their sole owners. ASIC Takes Action Against Collapsed Crypto Mining Companies ASIC launched civil proceedings against three crypto-mining firms, collectively known as NGS Companies....