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Crypto
Jersey City to Invest in Bitcoin ETFs, the Latest Pension to Dive Into Crypto
Wisconsin’s public pension plan – the State of Wisconsin Investment Board, which has roughly $156 billion in assets under management – is the biggest pension plan to dive into crypto so far, with a $160 million investment into spot bitcoin…
Intesa Sanpaolo, CDP Tap Polygon Blockchain for €25M Digital Bond Issuance as RWA Tokenization Heats…
"This transaction demonstrates how public blockchains are a powerful technology for financial institutions, making transactions faster and safer," Niccolò Bardoscia, head of digital assets trading and investments at Intesa Sanpaolo, said in…
Judge Sends Coinbase Back to the Drawing Board Over Efforts to Subpoena SEC’s Gary Gensler
The judge took specific issue with Coinbase requesting documents from Gensler predating his term as chair of the regulatory agency. Kevin Schwartz, an attorney with Wachtell, Lipton, Rosen & Katz representing Coinbase, said the agency…
Why High Volatility in Crypto Assets Can Be a Good Thing for Investors
A. With respect to correlation, a volatile asset like crypto is actually very important to decrease the overall volatility of a portfolio. Lowering the overall volatility of a portfolio is important as it helps smooth investment returns…
Who Draws the Lines? The Case for Decentralized Map Making
From there, users can layer on additional data for navigation, points-of-interest, business needs, etc. Through a decentralized network, we can automate elements of map freshness and, with open APIs, developers can continually innovate and…
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Precursors: U.S. Treasury
The cartels "are increasingly purchasing fentanyl precursor chemicals and manufacturing equipment" from China-based suppliers and paying in tokens including bitcoin (BTC), ether (ETH), monero (XMR), and tether (USDT) "among others,"…
Bitcoin Price (BTC) Heads Lower in Crypto Market Slump
"$66K seems like equilibrium," said well-followed analyst Skew in an X post, who along with others is trying to decode a market that won't go sustainably higher despite a lot of recent bullish news: improving inflation data, a…
Bitcoin (BTC) Price Compressed Below $72K, But Dovish Fed Amid Soft U.S. Data, Global Rate Cuts May…
The big question going forward is if the U.S. Federal Reserve might join the rate cutting trend, and while some members of that central bank have suggested any monetary easing could be a 2025 story, recent data has shown softening in both…
Sen. Warren Wants to Know How Drug Agencies Are Pursuing Crypto Ties to Fentanyl
U.S. Sen. Elizabeth Warren (D-Mass.) is demanding to know how the Biden administration is doing in throttling the use of cryptocurrencies in the trafficking of fentanyl, according to a letter she and another lawmaker sent to the White House…
Is the House’s FIT21 Bill Really the Legislation That Crypto Needs?
Somewhat ironically, Shapiro and Palley’s criticisms seem to line up with Maxine Waters (D-CA), the ranking Democrat on the House Financial Services Committee, who said it was the one of the worst bills she's ever seen. In addition to…