A quant has pointed out how the Mayer Multiple could suggest Bitcoin is still not overheated at $103,000 when compared to past trend.
Bitcoin Mayer Multiple Z-Score Is Still Under Its…
Key Points:US Senate advances GENIUS Act for stablecoin regulation.Bipartisan support major shift in legislature.Impact on stablecoin issuers could be substantial.
The US Senate has passed a procedural motion on the GENIUS…
Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration, arguing that the group waived their ability…
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The U.S. Senate voted to move ahead on stablecoin legislation Monday night, removing a procedural barrier to ultimately passing the bill out of the body entirely.Senators easily cleared the 60-vote…
The US Senate has voted to advance a key stablecoin-regulating bill after Democrat Senators blocked an attempt to move the bill forward earlier in May over concerns about President Donald…
Brad Garlinghouse criticizes Senator LummisCanceled meeting raises questions The leader of Ripple Labs, Brad Garlinghouse, is going to Washington, aiming to help improve crypto regulations, especially as they concern stablecoins.In…
Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.“We are going to allow you to buy…
The defense team of Tornado Cash developer, Roman Storm, is accusing prosecutors from the U.S. federal government of withholding key evidence that could see the crypto founder set free in…
Key Points:Moody’s downgrades U.S. credit rating; potential economic impact discussed by Fed’s Bostic.
Downgrade may affect U.S. Treasury bond demands.
Economic changes could extend into financial markets.Moody’s Downgrades…