Analysis
Politics
Congressman Massie says support for legislation to abolish Federal Reserve has grown 10x
Congressman Massie said that his decision to revive the legislation was heavily influenced by "The Bitcoin Standard" audiobook.
Crypto
Gensler confirms spot Ethereum ETFs will be approved ‘this summer’ during Senate hearing
Despite partially approving the spot ETF applications for Ethereum, the SEC chair remained vague on whether it is classified as a commodity now.
Adoption
Biden administration in talks to accept crypto donations as it becomes increasingly important voter issue
Pro-crypto donors have been increasingly active, with significant funds raised through crypto-backed super PACs.
Trading
Bubblemaps alleges insider trading in memecoins promoted by Andrew Tate, Iggy Azalea
Despite evidence of wallets purchasing significant amounts of the tokens during and before their respective launches, there is no evidence linking them to Tate or Azalea.
Adoption
Coinbase raises concerns over declining crypto talent in US despite uptick in corporate interest
The survey of Fortune 500 companies — conducted by The Block on behalf of Coinbase — revealed a 14-point drop in developer share over the past five years despite an uptick in the top companies moving on-chain.
Crypto
Billionaire investor Bill Miller believes Bitcoin is ‘significantly undervalued’ at current market cap
Miller argued that the flagship crypto remains vastly undervalued and predicts a major shift in global capital governance.
Regulation
European law authorities raise concerns over privacy coins, Layer-2 networks and crypto mixers
The report highlights significant gaps in law enforcement's ability to track and recover illicit digital assets moved via privacy coins, layer-2 networks, and crypto mixers.
Mining
Bitfarms adopts ‘poison pill’ shareholder rights plan amid hostile takeover attempts
Bitfarms has adopted a "poison pill" plan after Riot continued raising its stake in the company following the rejection of its unsolicited takeover offer.
Adoption
Crypto on ‘slow and steady’ pace to mainstream adoption – Canaccord Genuity
The surge has prompted industry analysts to reevaluate market prospects, highlighting a transformative period for the crypto market.
Crypto
Arthur Hayes predicts impending bull run for Bitcoin as G7 central banks start easing policy
Hayes said that changes in the G7 central banks' monetary policy create a fertile ground for the crypto market's growth.
CBDCs
Russian official says international CBDC payments will be the norm within 5 years
Aksakov also revealed that Russia could start using the digital ruble for international transactions as soon as the second half of 2025.
AI
Treasury Secretary Yellen warns of financial stability risks posed by AI
Yellen's warning comes amid a wider governmental scrutiny of AI technology and the companies behind it.