Janet Yellen, who was recently nominated by US President Joe Biden for the post of Treasury Secretary, said that it is “important to consider the benefits of cryptocurrencies,” according to her written testimony published today. “I think it important we consider the benefits of cryptocurrencies and other digital assets, and the potential they have to…
The Biden administration’s first decisions and appointments look promising for the crypto industry as a whole so far. Shortly after his inauguration, US President Joe Biden and his administration have already made several important decisions that could be considered quite positive for the crypto industry, starting with the postponement of the Treasury’s controversial proposals aimed…
The Twitter founder is a known Bitcoin advocate. But a recent action saw his platform getting embroiled in controversy. Why ban Trump? Twitter founder Jack Dorsey took to his platform this morning to explain banning the account of incumbent US President Donald Trump, a move that sparked controversy. I do not celebrate or feel pride…
Ripple CEO Brad Garlinghouse took a dig at companies buying Bitcoin last week as the climatic effects of proof-of-work cryptocurrencies, like BTC, may be met with stern regulations if Democrat Joe Biden is elected as the US president. At press time, Biden has 290 electoral votes in the US against Republican Donald Trump’s 214 —…
The high-flying founder of crypto exchange FTX made his once more in the crypto market this week, but not via a new product or token launch. A WSJ report today showed Sam Bankman-Fried, who runs the exchange from Hong Kong, donated over $5 million to Joe Biden’s election campaign, making him the second-largest donor just…
It’s been quite a volatile past day for the American public. The presidential election has begun, and while both sides are claiming victory, there is not a clear winner as of the time of this article’s writing. Bitcoin has seen strong reactions to electoral trends, first rallying strongly past $14,000 on expectations of a Biden…