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U.S. senators won’t be weighing in on prediction markets bets after banning themselves

U.S. senators won’t be weighing in on prediction markets bets after banning themselves

6 days ago by Crypto InsightsCrypto

A U.S. Senate that’s struggled to move crypto market structure legislation moved like lightning on Thursday to ban themselves from participating in prediction markets. Acting on a simple, 14-line resolution pushed by Ohio Republican Senator Bernie Moreno, the Senate agreed unanimously to put a restriction… Read More

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

1 month ago by Crypto InsightsCrypto

Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on allowable stablecoin yield was overly narrow and unclear, according to a person familiar with the current draft. The new language,… Read More

Cardano founder Charles Hoskinson says Midnight won’t chase Monero, ZCash users

Cardano founder Charles Hoskinson says Midnight won’t chase Monero, ZCash users

3 months ago by Crypto InsightsCrypto

Cardano founder Charles Hoskinson said that privacy-focused blockchain Midnight doesn’t have plans to onboard privacy maxis from the zcash and monero communities to the Midnight chain. “You don’t try to get anybody from Monero or ZCash over,” he said during a Q&A session at Consensus… Read More

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

Michael Saylor’s bitcoin stack is officially underwater, but here’s why he likely won’t reach for the panic button

3 months ago by Crypto InsightsCrypto

Bitcoin’s dip to around $75,500 briefly pushed the price just below Strategy’s (MSTR) average purchase cost of roughly $76,037 per coin. That may sound alarming at first glance, and it technically puts Michael Saylor’s firm underwater on its bitcoin holdings, but it doesn’t fundamentally change… Read More

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