During a recent interview with Bloomberg Wealth, Novogratz touched on topics ranging from investing to Ripple's case and Larry Fink.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Bitcoin due key MACD bull flag repeat as BTC price freezes at $29.3K
BTC price action is "slower than ever" this weekend, but Bitcoin market participants are keenly waiting for a monthly MACD cross to confirm.
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John E. Deaton believes the unequal treatment raises concerns about the regulatory body's effectiveness and fairness, as well as the overall framework for digital assets.
Pro-XRP lawyer claims SEC prioritizes corporate capitalism over investors
John E. Deaton believes the unequal treatment raises concerns about the regulatory body's effectiveness and fairness, as well as the overall framework for digital assets.
DOJ seeks SBF's bail revocation over tampering, diary leak allegations
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial.
DOJ seeks SBF's bail revocation over tampering, diary leak allegations
The letter revealed that on January 15, 2023, the defendant reached out to the current General Counsel of FTX U.S., who could potentially serve as a witness in the trial.
Crypto community reacts to Barbie star saying Bitcoin talk exudes Ken energy
Michael Saylor, Layah Heilpern and Steven Lubkha were among those in the crypto community that took an interest in what Australian actress Margot Robbie had to say about Bitcoin.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Crypto legislation goes to the House floor in the U.S., Worldcoin’s controversial launch and Russia’s digital ruble signed into law.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Top Stories This Week
Crypto bills pass congressional committee in ‘huge win’ for US crypto
A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act, which establishes rules for crypto firms on when to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The panel also approved the Blockchain Regulatory Certainty Act, which sets out guidelines that remove hurdles and requirements for “blockchain developers and service providers” such as miners, multisignature service providers and decentralized finance platforms. Despite the passage of these acts, a number of Republicans and Democrats refused to support another proposed piece of legislation dubbed the Digital Assets Market Structure bill.
Worldcoin token launch sparks response from Vitalik Buterin
Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system, addressing the larger concept in discussion with the release of the Worldcoin token — proof-of-humanity. Worldcoin initiated its public launch on July 25 after nearly two years of development and beta testing, but criticism of it erupted almost immediately. The United Kingdom’s Information Commissioner’s Office is deciding whether to investigate the project for violating the country’s data protection laws. The French National Commission on Informatics and Liberty also questioned Worldcoin’s legality. In response to criticism of its data collection practices, the project released an audit report on July 28.
Russia is moving forward with its central bank digital currency as President Vladimir Putin signed the digital ruble bill into law on July 24. With this approval, the digital ruble law is officially scheduled to take effect from Aug. 1, 2023. Individuals in the country will have the choice to choose whether or not to use the digital ruble. According to Bank of Russia Deputy Governor Olga Skorobogatova, the government doesn’t expect mass adoption of the digital ruble in Russia before 2025.
Binance withdraws crypto license application in Germany
Binance has withdrawn its cryptocurrency custody license application in Germany, nearly a month after reports of concerns from the German Federal Financial Supervisory Authority. A spokesperson from Binance told Cointelegraph that it intends to reapply for a license in Germany, with changes to its application reflecting adjustments in the regulatory environment. Binance CEO Changpeng Zhao said it would focus on becoming compliant with the European Union’s Markets in Crypto-Assets regulations to offer its services in European countries. However, its European expansion plans have seen a setback amid its regulatory troubles in the United States.
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
Former FTX CEO Sam “SBF” Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses should be gagged as well, including current FTX CEO John Ray. The gag order against Sam Bankman-Fried was initially requested on July 20, when the U.S. government accused the FTX founder of attempting to interfere with a fair trial by publicly discrediting former business partner and witness Caroline Ellison in an interview with the New York Times. According to SBF’s lawyers, there has been a “toxic media environment” surrounding their client since the collapse of the exchange.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Top Stories This Week
Crypto bills pass congressional committee in ‘huge win’ for US crypto
A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act, which establishes rules for crypto firms on when to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The panel also approved the Blockchain Regulatory Certainty Act, which sets out guidelines that remove hurdles and requirements for “blockchain developers and service providers” such as miners, multisignature service providers and decentralized finance platforms. Despite the passage of these acts, a number of Republicans and Democrats refused to support another proposed piece of legislation dubbed the Digital Assets Market Structure bill.
Worldcoin token launch sparks response from Vitalik Buterin
Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system, addressing the larger concept in discussion with the release of the Worldcoin token — proof-of-humanity. Worldcoin initiated its public launch on July 25 after nearly two years of development and beta testing, but criticism of it erupted almost immediately. The United Kingdom’s Information Commissioner’s Office is deciding whether to investigate the project for violating the country’s data protection laws. The French National Commission on Informatics and Liberty also questioned Worldcoin’s legality. In response to criticism of its data collection practices, the project released an audit report on July 28.
Russia is moving forward with its central bank digital currency as President Vladimir Putin signed the digital ruble bill into law on July 24. With this approval, the digital ruble law is officially scheduled to take effect from Aug. 1, 2023. Individuals in the country will have the choice to choose whether or not to use the digital ruble. According to Bank of Russia Deputy Governor Olga Skorobogatova, the government doesn’t expect mass adoption of the digital ruble in Russia before 2025.
Binance withdraws crypto license application in Germany
Binance has withdrawn its cryptocurrency custody license application in Germany, nearly a month after reports of concerns from the German Federal Financial Supervisory Authority. A spokesperson from Binance told Cointelegraph that it intends to reapply for a license in Germany, with changes to its application reflecting adjustments in the regulatory environment. Binance CEO Changpeng Zhao said it would focus on becoming compliant with the European Union’s Markets in Crypto-Assets regulations to offer its services in European countries. However, its European expansion plans have seen a setback amid its regulatory troubles in the United States.
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
Former FTX CEO Sam “SBF” Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses should be gagged as well, including current FTX CEO John Ray. The gag order against Sam Bankman-Fried was initially requested on July 20, when the U.S. government accused the FTX founder of attempting to interfere with a fair trial by publicly discrediting former business partner and witness Caroline Ellison in an interview with the New York Times. According to SBF’s lawyers, there has been a “toxic media environment” surrounding their client since the collapse of the exchange.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Crypto legislation goes to the House floor in the U.S., Worldcoin’s controversial launch and Russia’s digital ruble signed into law.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Crypto legislation goes to the House floor in the U.S., Worldcoin’s controversial launch and Russia’s digital ruble signed into law.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Crypto legislation goes to the House floor in the U.S., Worldcoin’s controversial launch and Russia’s digital ruble signed into law.
US crypto bills on the move, Worldcoin launches and Russia’s CBDC: Hodler’s Digest, July 23-29
Top Stories This Week
Crypto bills pass congressional committee in ‘huge win’ for US crypto
A key United States House panel has approved a pair of bills that could finally deliver some regulatory clarity to crypto firms in the country. On July 26, lawmakers voted in favor of the Financial Innovation and Technology for the 21st Century Act, which establishes rules for crypto firms on when to register with either the Commodity Futures Trading Commission or the Securities and Exchange Commission. The panel also approved the Blockchain Regulatory Certainty Act, which sets out guidelines that remove hurdles and requirements for “blockchain developers and service providers” such as miners, multisignature service providers and decentralized finance platforms. Despite the passage of these acts, a number of Republicans and Democrats refused to support another proposed piece of legislation dubbed the Digital Assets Market Structure bill.
Worldcoin token launch sparks response from Vitalik Buterin
Vitalik Buterin, the co-founder of the Ethereum network, released a long-form essay with his thoughts on the recently launched Worldcoin human identity verification system, addressing the larger concept in discussion with the release of the Worldcoin token — proof-of-humanity. Worldcoin initiated its public launch on July 25 after nearly two years of development and beta testing, but criticism of it erupted almost immediately. The United Kingdom’s Information Commissioner’s Office is deciding whether to investigate the project for violating the country’s data protection laws. The French National Commission on Informatics and Liberty also questioned Worldcoin’s legality. In response to criticism of its data collection practices, the project released an audit report on July 28.
Russia is moving forward with its central bank digital currency as President Vladimir Putin signed the digital ruble bill into law on July 24. With this approval, the digital ruble law is officially scheduled to take effect from Aug. 1, 2023. Individuals in the country will have the choice to choose whether or not to use the digital ruble. According to Bank of Russia Deputy Governor Olga Skorobogatova, the government doesn’t expect mass adoption of the digital ruble in Russia before 2025.
Binance withdraws crypto license application in Germany
Binance has withdrawn its cryptocurrency custody license application in Germany, nearly a month after reports of concerns from the German Federal Financial Supervisory Authority. A spokesperson from Binance told Cointelegraph that it intends to reapply for a license in Germany, with changes to its application reflecting adjustments in the regulatory environment. Binance CEO Changpeng Zhao said it would focus on becoming compliant with the European Union’s Markets in Crypto-Assets regulations to offer its services in European countries. However, its European expansion plans have seen a setback amid its regulatory troubles in the United States.
FTX’s Bankman-Fried seeks gag order for all witnesses in criminal case
Former FTX CEO Sam “SBF” Bankman-Fried has agreed to a gag order preventing him from making comments to third parties that may interfere with his trial — but argues other potential witnesses should be gagged as well, including current FTX CEO John Ray. The gag order against Sam Bankman-Fried was initially requested on July 20, when the U.S. government accused the FTX founder of attempting to interfere with a fair trial by publicly discrediting former business partner and witness Caroline Ellison in an interview with the New York Times. According to SBF’s lawyers, there has been a “toxic media environment” surrounding their client since the collapse of the exchange.
D.C. Circuit reverses SEC ruling on SPIKES futures, calls it "arbitrary and capricious"
The decision relates to an SEC order from 2020 exempting SPIKES Index from the definition of securities futures.
Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
The 25 basis point rate hike by the Federal Reserve on July 26 and the subsequent commentary by Fed Chair Jerome Powell failed to catapult Bitcoin (BTC) out of its range. This suggests that the event did not have any surprises and the outcome was already priced in by the markets.
The crypto markets continued their lackluster performance on July 28 after the United States Personal Consumption Expenditures (PCE) Index print came in lower than analysts’ expectations. The PCE is the Fed’s preferred inflation metric hence it is watched closely by market observers.
Daily cryptocurrency market performance. Source: Coin360Although the near-term price action has kept the traders guessing, it is important to keep an eye on the long-term crypto story. Standard Chartered head of crypto research Geoff Kendrick said while speaking with CNBC that he expects Bitcoin to end 2024 in the range of $100,000 to $120,000. He believes that Bitcoin is likely to witness price patterns seen during previous halving cycles.
Even as Bitcoin consolidates, could select altcoins break out of their slumber?
Let’s study the charts of the top-10 cryptocurrencies to find out.
Price analysis 7/29: BTC, ETH, XRP, BNB, ADA, SOL, DOGE, MATIC, LTC, DOT
Bitcoin’s price action remains lackluster, but select altcoins are showing signs of breaking out of their respective resistance levels.
GitHub, Hugging Face, urge EU to relax open-source AI rules
An open letter calls for a review of the European AI Act, claiming that existing provisions would hinder open source AI development.
Worldcoin stuck after 70% drop from peak — More downside for WLD price?
The price of Worldcoin (WLD) has stabilized after a volatile debut across mainstream cryptocurrency exchanges.
On July 29, WLD price rose nearly 6% to $2.35. Still, the token was down 70% from its market debut peak of $7.50.
It now appears stuck inside the $2-2.50 trading range, hinting at a growing bias conflict in the market.
WLD/USD daily price chart. Source: TradingViewWLD could stick around $2 until October
Notably, WLD is a part of the Worldcoin Foundation launched by OpenAI's Sam Altman on July 24.
The token has a maximum circulation supply of 143 million with 43 million going to Worldcoin's app users via "airdrop" — 25 WLD per user — if they verify their identity using an eye-scanning physical orb.
