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White House Crypto Adviser Defends Clarity Act

White House Crypto Adviser Defends Clarity Act 1

The White House’s senior advisor on digital assets, Patrick Witt, has asserted that the proposed Clarity Act is a “pro-regulatory, pro-enforcement bill.” This statement comes amidst ongoing legislative efforts to establish a comprehensive regulatory framework for digital assets in the…

Senate GOP Wants Regulators to Redo Crypto Capital Rules

Senate GOP Wants Regulators to Redo Crypto Capital Rules 7

A bipartisan group of U.S. Senators has formally requested that financial regulators re-evaluate existing capital frameworks pertaining to digital assets. The senators argue that current international standards, particularly those set by the Basel Committee on Bank Supervision, impose an inappropriately…

Bernstein Names Bitcoin Miners AI Powerhouses

Bernstein Names Bitcoin Miners AI Powerhouses 13

A recent analysis by Bernstein has placed a spotlight on Bitcoin mining companies TeraWulf and Cipher Digital, initiating coverage with “Outperform” ratings and setting ambitious price targets. The firm has positioned these entities not merely as cryptocurrency miners, but as…

Coinbase Lists SpaceX Pre-IPO Futures

Coinbase Lists SpaceX Pre-IPO Futures 17

Coinbase has introduced a new product, pre-IPO perpetual futures, allowing traders to speculate on the future stock performance of private companies before they go public. The exchange has initiated this offering with a perpetual futures contract for SpaceX, Elon Musk’s…

Bitmine Secures $300M Debt Facility at 9.5%

Bitmine Secures $300M Debt Facility at 9.5% 19

Big news for crypto-forward investors! BitMine has just announced a significant $300 million preferred stock offering, aiming to raise capital with a compelling 9.50% annual dividend yield, paid out weekly. This move positions BitMine alongside other crypto-aligned companies, but with…