Tether , the issuer of the world’s largest stablecoin, announced Friday the appointment of Jesse Spiro as head of government affairs. In this role, Spiro will be responsible for leading policy and engagement efforts with lawmakers, regulators and key stakeholders. Spiro brings over six years of experience in government and…
Amid a relatively stable day for the overall cryptocurrency market, Polygon ‘s POL token spiked higher by more than 15% Friday morning. The move appears to be related to POL being listed on Binance, the world’s largest crypto exchange, and marks the unofficial end of the MATIC migration. In July,…
The first full week of August has come to a close, and publicly traded bitcoin miners have finished releasing their monthly mining updates. Miners have been under pressure since April, when the latest bitcoin halving event occurred, and are trying to adjust to slashed revenues. “Competition abroad will only continue to…
Hut 8, a Bitcoin miner and energy infrastructure company, announced Tuesday it will bring on a new chief financial officer later this month. Sean Glennan will become Hut 8’s new CFO, effective Aug. 21. Shenif Visram will step down from his role as CFO for family-related reasons but will remain…
Republican presidential nominee Donald Trump was able to get another word in on cryptocurrency during a rough day for the market. Trump joined Adin Ross for a livestream interview on the platform Kick and the two touched on a variety of topics. The 23-year-old Ross came to prominence as a…
With global financial markets taking a sharp downturn over the past two trading sessions, attention has turned to the U.S. Federal Reserve. The Fed held rates steady at 5.25% to 5.5% at last week’s meeting, and most industry observers have been predicting a 50 basis-point cut at September’s meeting. However,…
Coinbase and MicroStrategy reported quarterly earnings Thursday afternoon. While the numbers were a mixed bag of sorts for both companies, attention on their conference calls turned to a familiar issue – the 2024 presidential election. Coinbase CEO Brian Armstrong was asked about Donald Trump’s speech at Bitcoin 2024 and what…
David Solomon, the chief executive of Goldman Sachs, is not one to speculate on the price of bitcoin or any other crypto assets. “I’ve always said I think it’s a speculative investment,” Solomon said during an interview with CNBC at the Summer Olympics in Paris, France. “I don’t see a…
Bitcoin 2024 came and went without a surprise appearance from Elon Musk, which some anticipated as the conference grew closer. However, that didn’t stop the Tesla CEO from dishing on cryptocurrency this weekend. Musk joined the X Takeover podcast on Sunday, hosted by the Tesla Owners Silicon Valley. During the…
21Shares US LLC, an affiliate of 21Shares AG, has integrated the industry-standard Chainlink Proof of Reserve on the Ethereum mainnet to enhance the transparency of the Ethereum reserves backing the 21Shares Core Ethereum ETF (ticker CETH). CETH is physically backed by Ether and tracks ETH’s performance. 21Shares selected Chainlink as…