A U.K. bill giving regulators the power to supervise crypto and stablecoins was approved by King Charles Thursday, marking the last formal stage that makes the bill law. Royal assent, a purely procedural step following agreement from lawmakers, makes the Financial Services and Markets Bill an Act, and includes measures to bring crypto and stablecoins into the scope of regulation.
Unity stock rose over 15% to $42.38 per share on Tuesday after the gaming tool maker announced a marketplace for artificial intelligence software that positions it as a platform in the hottest part of the technology industry. Unity’s customers, which use its game engine software to produce games for phones, consoles and virtual reality headsets, will be able to choose from software that can do things such as generate game dialogue or textures and graphics using AI.
MicroStrategy bought more than 12,000 bitcoins over the last two months, bringing its total above 152,000 BTC.The largest publicly traded holder of bitcoin acquired 12,333 BTC for $347 million — an average price of $28,136. The buy s its largest addition to its bitcoin stack since June 2021. Meanwhile, Federal Reserve Chair Jerome Powell on Wednesday voiced an optimistic message about the U.S. economy and downplayed the threat of a recession. Guest: Tim Warren, Host of Investing Broz Investing B...
Fidelity is in focus on Tuesday following a report that the asset manager was next in line to file for a spot bitcoin ETF. The news arrives only days after peer BlackRock filed with the U.S. Securities and Exchange Commission for such an exchange-traded fund.
ARK Invest says they and others are set for a Bitcoin (BTC) exchange-traded fund (ETF) approval from the U.S. Securities and Exchange Commission (SEC) before BlackRock. Meanwhile Cathie Wood has been making major web3 & metaverse investments in preparation for a massive bull-run.
HSBC, the largest bank in Hong Kong, is offering cryptocurrency exchange traded funds (ETFs) to its clients, reports say. The banking behemoth is now the first bank to offer clients access to crypto ETFs in Hong Kong. This is mostly in part due to Hong Kong's forward thinking crypto-friendly economic incentives and clear/engaging regulation from its lawmakers. On this episode, we're taking a look at everything happening in Hong Kong crypto market as it relates to HSBC.
HSBC, the largest bank in Hong Kong, is offering cryptocurrency exchange traded funds (ETFs) to its clients, reports say. Specifically, HSBC is allowing its customers to trade Bitcoin and Ethereum ETFs listed on the Hong Kong Stock Exchange. The banking behemoth is now the first bank to offer clients access to crypto ETFs in Hong Kong. Currently, Hong Kong lists three cryptocurrency ETFs: the CSOP Bitcoin Futures ETF, the CSOP Ethereum Futures ETF, and the Samsung Bitcoin Futures Active ETF.
Ethereum is fast approaching a very particular flippening. The raw number of ETH staked inside the Ethereum blockchain is set to surpass the ether kept on crypto exchanges for the first time ever some time over the next few weeks. Meanwhile, The U.S. Securities and Exchange Commission’s (SEC) approval of 2x Bitcoin Strategy ETF, also called BITX, paves way for the Volatility Shares ETF launch on Tuesday, June 27, 2023. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Fundin...
U.S. Federal Reserve Chair, Jerome Powell, delivered a significant message regarding the regulatory landscape of payment stablecoins, unequivocally classifying them as a distinct “form of money” that necessitates rigorous oversight from central banks. Meanwhile in the SEC oversight hearing by the House Financial Services Committee, congress begins to get fed up with SEC's Gary Genslers enforcement actions and relentless stalling. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get ...
Last month The House Agriculture Committee met to discuss legislation to regulate cryptocurrencies and stablecoins with former CFTC Chair Christopher Giancarlo, among others. On this episode, we're joined by Giancarlo to discuss the possibility of fast-tracking crypto regulation and the SEC's enforcement by regulation tactic that is damaging the entire market and threatening the U.S. from becoming a leader in tech innovation. Guest: J. Christopher Giancarlo - Former Chair of the CFTC Follow Gian...
Bitcoin has broken $30,000 for the second time this year amid bullish sentiment in the market following a number of traditional finance (TradFi) players pushing further into crypto. Are altcoins about to explode? Meanwhile in congress, The Federal Reserve chair said that payment stablecoins are money, and that the central bank should play a role in approving their issuance in the U.S. Guest: Evan Aldo Evan Aldo Youtube Channel ➜ https://bit.ly/EvanAldo 20% off Evan Aldo Course ➜ https://bit.ly/E...
EDX Markets (EDX), the first-of-its-kind digital asset marketplace designed to enable safe and compliant trading of digital assets through trusted intermediaries, today announced the successful launch of its digital asset market and the completion of an investment round with new equity partners. Founding investors, include Charles Schwab, Citadel Securities, Fidelity Digital AssetsSM, Paradigm, Sequoia Capital, and other major banks. Bitcoin ($BTC) and other cryptocurrencies were rising Tuesday ...
In the last month, Avalanche has seen a substantial increase +382% in the number of active addresses on-chain, reaching an all-time high of monthly active addresses. It is especially notable to see this surge in adoption during a low-liquidity macroeconomic environment. On this episode, were showcasing the biggest updates coming to the Avalanche ecosystem and why Avalanche ($AVAX) may be one of our top picks! ~This episode is sponsored by Chart Prime~ Elevate your Trading Game with Chartprime 30...
The crypto Twitter is buzzing with a rumor that another Wall Street player is going to file for a spot Bitcoin ETF soon – Fidelity – to rival the BlackRock wealth manager that has done it recently. Meanwhile Binance, Binance.US, and the United States Securities and Exchange Commission (SEC) reportedly agreed on Friday, June 16, to temporarily limit access to customer funds exclusively to Binance.US employees. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward +...
The long-standing legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) is set to reach a decisive point in the coming days, according to an industry veteran. Marc Fagel, a former attorney who served as the SEC's San Francisco regional director, shared his insights on the case, suggesting that a ruling could be imminent. Guest: John Deaton, Managing Partner of The Deaton Law Firm Congress writes the laws that regulators (like the SEC) have to follow. It has ...
On Thursday, the firm filed an application with the SEC to launch the iShares Bitcoin Trust, which is intended to allow investors to get direct exposure to the flagship cryptocurrency in a secure way. BlackRock is the world’s largest money manager, with $9.1 trillion of assets under management at the end of the first quarter of the year. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly...
Peter Schiff is launching a Bitcoin ordinal (NFT) collection. Peter Schiff has up to this point been the most reknown Bitcoin skeptic. Schiff’s surprising entry into the NFT market through Bitcoin has piqued the curiosity of onlookers, prompting them to speculate whether the once vocal Bitcoin critic has experienced a change of perspective. Guest: Peter Schiff - Chief Economist & Global Strategist Schiff Gold Website ➜ https://bit.ly/SchiffsGold
On this episode, we're diving into all of the recent court battles the SEC (Gary Gensler) has waged on the crypto industry including: Coinbase, Ripple, and Binance US. Is there a legal case to be made for restructuring and firing Gary Gensler? Guest: James A. Murphy - Founder/Principal MetaLawMan ➜ https://www.metalawman.io/ Twitter ➜ https://twitter.com/MetaLawMan
On this episode, we're diving into this weeks U.S. Hearing Entitled: "The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem" where $USDC issuer Circle and Layer-1 Blockchain Avalanche ($AVAX) joined together to discuss crypto regulation and two digital asset legislation draft bills. Meanwhile, an SEC shill was brought on to defend the SEC's recent actions against the entire market. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + N...
Another Fed meeting is here. After 10 consecutive hikes over more than a year, the Federal Reserve's policy committee is all but certain to skip another increase at today's meeting. A breather—simply keeping rates where they are—would give the central bank more time to monitor the effects of its fight against high prices. On this episode, we're taking a look at the Fed Meetings effects on the crypto markets once more.
Recently released email exchanges from 2018 reveal that multiple U.S. Securities and Exchange Commission (SEC) officials were in deliberation over Ether’s status as a security. These emails were published by Ripple in its legal battle with the SEC, which accuses Ripple of illegally selling XRP for more than seven years as unregistered securities. Meanwhile, in order to “restore sanity” in the U.S Securities and Exchange Commission and remove its current chair, Gary Gensler, Rep. Warren Davidson ...
The dip in Solana’s NFT market coincides with a surge in Ordinals, a type of NFTs on the Bitcoin network. Bitcoin’s monthly NFT sales volume skyrocketed by 474% in May, reaching over US$189 million, according to CryptoSlam data. This boost positioned Bitcoin as the second most popular NFT chain, a title often held by Solana. Guest: Paul Sztorc, Founder and CEO · LayerTwo Labs LayerTwo Labs website ➜ https://layer2labs.com/
David Ayer will write and executive produce the upcoming racing series Lollipop. The series will invite audiences to actively participate in a narrative written by Ayer as they compete in a virtual racing circuit linked to the plot. The next-generation storytelling experience will combine elements of episodic streaming, gaming and professional sports. The show will feature 10 episodes and 10 races which will be built using Epic Games’ Unreal Engine 5. Guest: Steven Ilous Feature Founder & CE...
U.S.-based digital trading app Robinhood announced today that it will end support for three major cryptocurrencies on June 27 — Cardano (ADA), Polygon (MATIC), and Solana (SOL). Polygon, Cardano, and Solana’s native tokens were recently labeled as securities by the SEC in its lawsuits against Coinbase and Binance. Meanwhile, the de-banking of crypto services continues. U.S. Securities and Exchange Commission Chairman Gary Gensler recently called out crypto investers as “Hucksters. Fraudsters. Sc...
One year later, after several trials and tribulations Star Atlas has delivered on its promise on beginning to open the most ambitious AAA+ quality game experience that web3 has to offer. With Apple/Meta recently revealing their Vision Pro and Quest 3 VR headsets could Star Atlas also dominate the virtual and augmented reality gaming space? Guest: Michael Wagner CEO & Founder ATMTA, Inc. | Developers of Star Atlas Join Star Atlas ➜ https://bit.ly/StarAtlasPBN
The United States House of Representatives Energy and Commerce Committee’s Subcommittee on Innovation, Data and Commerce gathered to discuss blockchain technology and the future of Web3 yesterday. Crypto industry members, including Polygon Labs president Ryan Wyatt and several legal experts, appeared before the committee to engage in what transpired to be a constructive dialogue. It also marks the first time lawmakers have hosted a crypto hearing that addressed non-financial use cases.
Coinbase, Robinhood, and representatives from the United States commodities regulator testified before Congress on June 6 to discuss a newly proposed crypto bill and SEC chair Gary Gensler's regulation by extreme enforcement that many are calling a gross overreach of power. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
The RFOX VALT team has been working tirelessly towards this moment, and they are excited to be one of the first VR platforms ready for the release of the upcoming Apple VR headset. RFOX VALT's focus on virtual reality technology sets them apart from the competition, and the integration of AI technology ensures the platform stays ahead of the curve. Guest: Ben Fairbank CEO and Founder, RedFox Labs RFOX Apartments Sale ➜ https://bit.ly/RFOXchest
SEC Commissioner Gary Gensler's antics against cryptocurrency exchanges have reached ridiculous levels of overreach once more. ~This episode is sponsored by iTrust Capital~ iTrustCapital | Get $100 Funding Reward + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul
On this episode, we're pitting one of James (InvestAnswers) favorite investment portfolio holds versus a web2 mega-titan: Solana (SOL) and Apple (AAPL) who both are apparently diametrically opposed to each other in some ways, and similar in others. Yesterday Apple revealed it's highly anticipated Vision Pro headset for virtual and augmented reality... James remains skeptical on VR. Guest: James, InvestAnswers InvestAnswers Youtube Channel ➜ https://bit.ly/PBinvestanswers
