- States ask DHS to explain noncitizen voter claims
- Kentucky Governor Mitch McConnell to certify whether he can serve in the Senate or “resign” from the Senate
- A father shot his wife and six children to death, then set his Michigan home on fire and committed suicide, authorities say.
- Coinbase Chief Policy Officer Praises Draft Clarity Act
- Bitcoin flips volatile in US trading session, soars towards $66,000
- Singapore tightens monetary policy with unexpected measures as inflation risks reignite due to rising oil prices
- At least 2 killed, 5 injured in Seattle shooting
- Only 7% of major tokens are above their launch price
Author: Vickie Helm
Tether has made a formal cash offer to purchase Exor’s controlling interest in Juventus Football Club summary Tether has offered to acquire Exor’s 65.4% stake in Juventus using only its own capital. The stablecoin issuer plans to publicly bid the remaining shares at the same price. Tether has committed €1 billion to support Juventus’ growth and long-term development of the sport. The bid aims to give Exor a 65.4% ownership stake in the Italian club, with plans to acquire all remaining shares at the same price through a subsequent tender offer. The acquisition will be funded entirely from Tether’s balance…
Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. Financial institutions and major banks have spent a decade experimenting with crypto rails for cross-border and interbank payments. If regulators agreed, they could have conducted a pilot, built in-house expertise, and designed a compliant model for real-world deployment. they didn’t. summary Banks spent a decade building blockchain-based payment rails, but largely failed to act, leaving the world stuck with slow, expensive legacy systems that create unnecessary economic friction. Blockchain reduces settlement times, rewrites liquidity dynamics and enables…
Important points PYTH Network introduced PYTH Reserve to use protocol revenues for monthly PYTH token purchases, directly tying product adoption to network value. PYTH Reserve’s resources grow with revenue and are managed through structured reviews and decentralized financial operations. Share this article Pyth Network, a provider of real-time financial market data for blockchain and smart contracts, has launched a strategic reserve to accumulate PYTH tokens using proceeds generated by the protocol.The system is managed by the PYTH DAO Treasury and aims to allocate a portion of the proceeds to the acquisition of tokens on the open market.Powered by revenue from…
Coinbase is reportedly preparing to launch its own prediction market with the backing of US-based operator Kalsi to expand the variety of assets available on the exchange as investor interest in cryptocurrencies wanes, Bloomberg and CNBC report. The announcement will be made next week to coincide with Coinbase’s “Coinbase System Update” showcase on December 17th. The exchange declined to confirm details, but encouraged users to check the livestream for updates. Rumors about a new prediction market have been circulating for nearly a month. In mid-November, technology researcher Jane Manchun Wong shared a screenshot of what appeared to be Coinbase’s prediction…
Disclosure: The views and opinions expressed herein belong solely to the authors and do not represent the views and opinions of crypto.news editorials. The biggest problem with cryptocurrencies at the moment is that they are too difficult. The average Web3 app requires a level of technical skill that most people lack, and until that changes, few will be willing to let the industry go. summary The biggest barrier to cryptocurrency adoption is complexity. Wallets, seed phrases, networks, and gas mechanisms make the average Web3 app unusable for mainstream users. Rhetoric of education and decentralization will not solve this problem. Blockchain…
important notesAnchorage Digital will issue USDGO under federal oversight, establishing a regulated framework for stablecoin operations. The partnership enables one-to-one backing of liquid assets with U.S. Treasuries through a compliant custodial system. USDGO targets cross-border business payments with faster transactions and programmable payment infrastructure. Anchorage Digital, the first and only federally chartered cryptocurrency bank in the United States, will serve as the U.S.-regulated issuer of USDGO, an OSL-branded U.S. dollar-backed stablecoin. The partnership brings together two major institutional investors as the industry moves towards a compliant global payments infrastructure and greater regulatory certainty for dollar-backed digital assets. OSL Group, Asia’s…
Dogecoin prices have entered a new period of volatility as traders try to balance improved technical signals with fresh near-term weakness. Memecoins have been oscillating between gradual recoveries and sudden declines, creating a situation where both bullish and bearish narratives remain active. Related books With macro uncertainty, DOGE ETF inflows, currency outflows, and major chart patterns emerging simultaneously, the market is currently deciding which direction will dominate heading into late December. DOGE price is trending down on the daily chart. Source: DOGEUSD on Tradingview Mixed trading conditions shape Dogecoin’s near-term direction Dogecoin price has fallen below the $0.145 area after…
Trustworthy editorial content reviewed by industry-leading experts and experienced editors. Advertising disclosure The American Federation of Teachers (AFT) has formally added its voice to the growing opposition to the proposed Cryptocurrency Market Structure Act, urging the Senate Banking Committee to reconsider the bill. In a letter obtained by CNBC, AFT President Randi Weingarten called the bill “as irresponsible as it is irresponsible,” citing the proposed risks it poses to working families’ pensions and the economy as a whole. AFT points out loopholes in cryptocurrency law Weingarten wrote in a letter with Senate Banking Committee Chairman Tim Scott and Ranking Member…
Strategy, the world’s largest Bitcoin treasury company, has submitted a formal response to MSCI’s consultation on digital asset treasury companies (DATs), urging index providers not to exclude companies with digital asset holdings exceeding 50% of their total assets. In a detailed letter to the MSCI Equity Index Committee, Strategy argued that the proposed thresholds are “misguided” and would have “significant detrimental consequences” for both investors and the broader digital asset industry. Founded in 1989, the company operates the treasury and capital markets business of companies with significant Bitcoin holdings, offering investors a range of stocks and bonds backed by digital…
The Trump-themed crypto mobile game was created by Bill Zanker, a member of the team that helped launch Trump’s official meme coin and various NFT collections, and is reportedly scheduled to be released on the Apple App Store by the end of the year. The game uses Trump’s name under a licensing agreement and is produced by Freedom 45 Games, according to the game’s website. It is also linked to Trump Coin. The expected release date in the Apple App Store is December 30th, and the app is currently available for pre-registration.Zanker was already involved in a project that merged…