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Bitcoin Will Go Forward in 2024, Says MicroStrategy’s Saylor
In a recent interview with CNBC, Michael Saylor, Executive Chairman and Co-Founder of MicroStrategy, shared insights on the regulatory landscape and the factors influencing the recent Bitcoin rally. Addressing concerns about the impact of Coinbase's petition in the federal appeals court on Bitcoin and MicroStrategy, Saylor expressed confidence in Bitcoin's resilience amid regulatory uncertainty. He......
Bitcoin ETF Approval Could Open Doors For $30 Trillion: Grayscale CEO
Michael Sonnenshein, Grayscale CEO, sheds light on the crypto industry's trajectory in a recent conversation with CNBC's Squawk Box. Sonnenchein delved into the intricacies of the crypto industry, offering insights into the company's advocacy efforts and the evolving landscape of digital assets. https://twitter.com/BitcoinMagazine/status/1736804416718778616 The conversation kicked off with the host probing Sonnenshein about Grayscale's involvement......
Revolut Pauses UK Crypto Services Ahead of Tighter FCA Rules
Digital banking app Revolut is hitting pause on cryptocurrency purchases for business customers in the U.K. starting January 3rd. The move comes as the UK gears up for stricter crypto regulations set to take effect in early 2024. In an email seen by City A.M., Revolut indicated that tighter Financial Conduct Authority (FCA) requirements around......
🥛 An attack on crypto 🚨
Today’s edition is brought to you by Bakkt® — the responsible crypto company building solutions for the long term. Check out Bakkt®’s Wave 2 Crypto Insights Tracker!GM. This is Milk Road, the daily newsletter that helps you get smarter about crypto, without ever making you feel dumb.Here’s what we’re serving up today:Crypto is under attack! 🚨Solana......
Bitwise Rolls Out Bitcoin ETF Ad as Approval Quest Continues
Bitwise Asset Management unveiled a new commercial this week urging viewers to “look for Bitwise.” The commercial comes amid the firm’s ongoing quest to launch a Bitcoin exchange-traded fund (ETF). The ad arrives as Bitwise and over a dozen other applicants vie for regulatory approval of what would be the first spot Bitcoin ETF in......
Circle Expands Euro Stablecoin to Solana
Stablecoin issuer Circle announced Monday that its euro-backed stablecoin, EURC, is now live on the Solana blockchain. The move marks the latest expansion for Circle as the firm seeks to drive mainstream global usage of stablecoin. Launched in June 2022, EURC aims to bridge the gap between government-issued money and blockchain networks. The euro stablecoin......
Arbitrum Is Now Up And Running After Partial Outage
Arbitrum One Sequencer experienced a temporary stall on December 15, causing disruptions and triggering concerns within the Ethereum layer-2 network's community. The outage, lasting approximately 78 minutes, led to chaos and confusion among users as the previously scheduled "ask me anything" Twitter Spaces session at 12 p.m. ET was abruptly canceled. https://twitter.com/arbitrum/status/1735771053731787263 The sequencer hiccup......
Coinbase to Challenge SEC’s Denial of Crypto Rules Petition
The U.S. Securities and Exchange Commission (SEC) has denied a petition from cryptocurrency exchange Coinbase requesting the agency provide more transparent rules and guidance around digital assets. The decision comes despite calls from within the commission for increased collaboration with crypto companies. In a statement on Friday, SEC chair Gary Gensler defended the agency’s oversight......
🥛 WTF happened yesterday?!
Today’s edition is brought to you by MetaMask Portfolio - buy, swap, bridge, stake, and SELL from one simple dApp, backed by the most popular crypto wallet.Try converting your crypto to cash with a few clicks!GM. This is Milk Road. We serve as your daily analyst, researcher, and entertainment. It’s the 3-for-1 crypto special. It’s......
Former SafeMoon Staff Warns of Red Flags After Firm Files for Chapter 7 Bankruptcy
SafeMoon, a once-popular decentralized finance (DeFi) protocol, filed for Chapter 7 bankruptcy on December 14th. The bankruptcy news comes just a month after the company and its executives were charged with fraud by the Securities and Exchange Commission (SEC). The bankruptcy filing caps a dramatic downfall for a firm that just last year was touted......
