Some interesting video footage from several years back has resurfaced that’s making people see Gary Gensler and the Securities and Exchange Commission (SEC) a tad differently. Gary Gensler and His Original Feelings Towards Crypto In the video, Gensler – not yet in charge of the financial agency – told his audience of investors he thinks four cryptocurrencies – bitcoin, bitcoin cash, Ethereum, and Litecoin – are not securities, but things didn’t quite stop there....
Read More »Texas Blockchain Council President: I Want My State to Be the Ultimate Blockchain Haven
Lee Bratcher – president of the Texas Blockchain Council – said in a recent interview he wants his state to become the biggest blockchain haven in the United States. He further mentioned that he would like his Texas to become the Silicon Valley of blockchain. The Texas Mining Agenda Keeps Growing The state’s 88th legislative session has been quite productive. Thus far, one crypto law has passed already, while many others are waiting in the wings (passage is...
Read More »UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken
CoinspeakerUK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken The UK Judge said that Craig Wright won't be able to pay the legal costs while mentioning his previous inconsistent statements about his financial position. UK Judge Asks Craig Wright to Pay Over Half-Million Dollars in Case against Coinbase, Kraken
Read More »Illinois Crypto Bill Could Be Dead in the Water
Several federal and state government entities, as of late, have worked hard to better understand the crypto industry and implement appropriate regulation to ensure safety amongst traders, though not all these attempts have been successful, and in Illinois, a new crypto bill has come to a dead standstill and is now facing the possibility of being vetoed later in the year. New Illinois Crypto Bill Appears to Be Stuck in the Mud Known as House Bill 3479, the document...
Read More »Nicholas Taleb Still Doesn’t Think Much of BTC
Bitcoin is a big asset. It’s got legions of fans all over the world, and it appears to be taking a higher level of precedence in U.S. national politics and similar arenas. However, it’s become clear over time that the world’s biggest and most popular digital asset isn’t going to attract positive attention from everyone, and one of its biggest haters – Nassim Nicholas Taleb, the author of the novel “Black Swan” – has consistently made it clear he’s not a fan....
Read More »Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on Where Bitcoin Will Go Wood mentioned she thinks the SEC is going about the situation all wrong. All the agency wants to do is persecute when the rules are...
Read More »Reginald Fowler Will Serve Six Years in Prison for Illicit Crypto Behavior
Reginald Fowler – age 64 and a former part owner of the Minnesota Vikings football team – has been sentenced to six years in prison for his role in a crypto-related scam. Reginald Fowler Heads to Jail Fowler is alleged to have defrauded the short-lived professional football organization Alliance of American Football. The scam is said to have lost investors as much as $700 million at the time of writing. Originally from Chandler, Arizona, Fowler was found guilty in...
Read More »Jack Dorsey Backs BTC Fan Robert Kennedy Jr. for President
Jack Dorsey – the former head of Twitter – has put out a video suggesting he’s endorsing bitcoin-loving presidential candidate Robert Kennedy Jr. to assume nation-leading duties in the White House in 2025. Jack Dorsey is Pushing Robert Kennedy Jr. Not long ago, Dorsey put out a video on social media about the candidate and commented: Robert. F. Kennedy, Jr. argues he can beat Trump and DeSantis in 2024. He can and will. Kennedy entered the presidential race a few...
Read More »The U.S. is Getting Serious About Crypto Regulation
A new crypto bill designed to at least create a basic framework for crypto regulation in the United States has been submitted to Congress for review and subsequent approval. Is Regulation in the U.S. Getting Stronger? The 162-page draft bill was introduced by House Financial Services Committee chair Patrick McHenry, a republican from North Carolina, and House Agriculture Committee chair Glenn Thompson, a republican from Pennsylvania (leave it to the republicans to...
Read More »El Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin
CoinspeakerEl Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin As an emerging economy, El Salvador believes the best way to hedge against the core fluctuations brought on by the US dollar devaluation can be effectively mitigated with Bitcoin. El Salvador Sees Bonds Jump in Tandem with Massive Rally in Bitcoin
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