SEC Chair Tells Senator Legislative Priority Should Center on Crypto Trading, Lending, Defi Platforms – Regulation Bitcoin News
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Jim Cramer Tells $731M Powerball Winner to Put 5% in Bitcoin
Stock-picking personality Jim Cramer recommended the unknown Maryland-based winner of Wednesday’s $731 million Powerball jackpot allocate 5% of his or her newfound fortune in bitcoin.“You know what, if you won the lottery – Yes, I’m gonna say it: 5% in bitcoin,” Cramer said Thursday night on his Mad Money program.His
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US Financial Services Chair Tells Joe Biden to Rescind OCC Crypto Guidance
U.S. Representative Maxine Waters, who chairs the powerful House Financial Services Committee, recommended that President-elect Joe Biden rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency.In a letter sent to the incoming president Friday, Waters wrote that her committee has “conducted
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PayPal CEO Dan Schulman Tells Web Summit the ‘Time Is Now’ for Crypto
PayPal CEO and President Dan Schulman took to the stage on the first day of the major Web Summit event on Wednesday, telling the estimated 100,000 attendees that, for cryptocurrency, “the time is now.”Interviewed by New York Times columnist Andrew Ross-Sorkin for the online 2020 tech conference, Schulman anticipated digital
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Paul Brody: What the History of Airlines Tells Us About Blockchain Commerce
We may be nearly 30 years into the internet era but nearly every asset, product and service in the global economy remains an offline asset. From cars to farm tractors to apartments to storage spaces, the truth is the vast majority of the world’s productive economic assets are offline. We
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MicroStrategy Tells SEC It ‘May Increase’ $250M Bitcoin Reserves
MicroStrategy told the SEC it "may increase" its bitcoin (BTC) holdings beyond the $250 million haul purchased in August. Source
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One Chart Tells You Everything You Need to Know About Unemployment
The stock market’s performance offers a clue about the future of U.S. jobs. Companies that rely on their employees haven’t fared as well as those that don’t. Coronavirus has expedited this shift away from relying on people. One of the biggest uncertainties brought on by the pandemic is unemployment. When lockdowns began and
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Joe Rogan Tells 200M Listeners to Buy Bitcoin
Podcaster Joe Rogan used the first few minutes of a recent episode to read out an advertisement for his sponsor Cash App and to tell listeners to buy Bitcoin.On Episode 1515 of the Joe Rogan Experience released on July 28, Rogan adopted his customary tone used to plug advertising sponsors
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IRS Tells Couple With $7 Million in Bitcoin to Liquidate Crypto Assets and Pay off Tax Debt
The Internal Revenue Service (IRS) has won a case in which it demanded that a Maryland couple liquidate their bitcoin to pay-off a $1.1 million tax debt.Alexander and Laura Strashny proposed to the IRS to pay their 2017 tax liability, generated from non-crypto activities, in installments over a six-year
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Here’s What the Quicken Loans IPO Tells Us About the U.S. Housing Market
Quicken Loans is planning an IPO. The mortgage lender is cashing out ahead of what could be years of low interest rates. A hot U.S. housing market looks to be on borrowed time as federal protections expire at the end of July. It turns out Quicken Loans wants an initial public offering (IPO).
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