XRP Lawsuit: Lawyer Predicts Ripple SEC Case Conclusion Amid Gensler’s Exit
XRP lawsuit: Pro-XRP lawyer Jeremy Hogan predicts a likely timeline for the Ripple SEC case in the wake of US SEC Chair Gary Gensler’s exit. The announcement of US SEC Chair Gary Gensler’s departure has boosted sentiment across the crypto market, sparking hopes of a more pro-crypto regulator taking his place. This development has also fueled […]
Germany’s Biggest Insurer Allianz Acquires 24% of MicroStrategy’s $2.6B Notes
Pseudonymous analyst Petruschki provided data from the Bloomberg Terminal that showed the insurance giant had invested in four different sub-organizations. Germany’s largest insurance company, Allianz, has reportedly acquired nearly a quarter of MicroStrategy’s $2.6 billion convertible note offering, reflecting the growing institutional interest in Bitcoin. Allianz, the second-largest insurer in Europe, purchased 24.75% of MicroStrategy’s note […]
CFTC Commissioner Calls for US Crypto Policy Reforms
The CFTC’s Summer Mersinger urged the industry to interact with the incoming US administration and promoted organized crypto laws. Speaking at the North American Blockchain Summit on Nov. 21, CFTC Commissioner Summer Mersinger emphasized the need for standardized U.S. crypto policies to be developed through notice-and-comment regulation. CFTC’s Role in “Regulation by Enforcement” The Commodity Futures […]
Senator Lummis Suggests Bitcoin Buying To Cut US Debt
Senator Cynthia Lummis asserts for Bitcoin buying, claiming that such a move may help cut the US debt by half in the next 20 years, fueling market optimism. In a recent interview, Senator Cynthia Lummis proposed that accumulating more Bitcoin could reduce U.S. debt by half within 20 years, generating optimism in the crypto market. […]
Deribit to Add Ethena USDe as Crypto Margin Collateral
Crypto derivatives exchange Deribit announces plans to integrate Ethena’s USDe as rewarding margin collateral. ENA’s price jumps 20%. The prominent crypto derivatives exchange Deribit announced plans to integrate Ethena’s synthetic dollar, USDe, as margin collateral. This move will allow users to earn rewards for holding USDe while utilizing it as collateral in the cross-collateral pool for […]