Ben (v2) (BEN) news

Senate Banking Committee cancels confirmation vote for SEC’s Caroline Crenshaw

In the meantime, Trump will name either Commissioner Hester Peirce or Mark Uyeda as acting chair

Why rate changes impact the US, Canadian economies differently

Reflecting on the two worlds I live in poses an interesting vignette

How crypto IPOs could bring back retail

Three factors could contribute to 2025 being the year of the crypto IPO

Exclusive: 2 VanEck funds back Solana-based DePIN DAWN

VanEck Ventures and VanEck’s Digital Assets Alpha Fund invested $2.5 million in DAWN through a strategic funding round, the teams exclusively told Blockworks

Helium revenues heat up just in time for a new DAWN

DAWN is positioning itself as a decentralized protocol for gigabit-level internet access

Republicans nominate pro-crypto reps to lead key House committees

Rep. French Hill was nominated to chair the House Financial Services Committee

Trump-crypto CEO meeting about appointments, BTC reserve

Trump’s latest industry rendezvous featured a conversation with Crypto.com CEO Kris Marszalek

Delayed Crenshaw vote increases odds of all-Republican SEC early next year

If the Senate does not confirm SEC Comm’r Caroline Crenshaw by the end of the session, Trump will be able to nominate a Republican in her place

Avalanche raises $250 million to boost layer-1 upgrade

Avalanche raises $250M ahead of Avalanche9000 launch

Crypto market could see ‘pullbacks’ ahead of the holidays: Analyst

Keep an eye on liquidity into the holidays, Kraken’s Thomas Perfumo says

Solana should reintroduce a public mempool, researcher says

A Solana researcher identified that the network’s top sandwich bot was pocketing millions of dollars a day from sandwich attacks

Chinese yuan dips on reports government may resort to using old tricks

A strategic currency devaluation does have some historical precedent in China

Santa rally? Altcoins could use a Christmas miracle

Things may look grim, but there’s still time for altcoins to turn things around in 2024

Traders brace for key inflation data this week

Analysts are anticipating November’s annual CPI figure to come in at 2.7%, a moderate uptick from October

Google’s Willow Quantum: Should Bitcoiners Be Concerned?

On December 10th, Google announced that Willow, their quantum computer, now has 105 qubits with improved error rates.

Google’s New Quantum Chip Won’t Kill Bitcoin, Expert Says

Chinese Nvidia probe could start Trade War 2

The probe into the chipmaker was made on suspicion of anti-monopoly law violations

Quantum Computing and Crypto: Will Google’s Willow Impact Blockchain?

Google’s Willow chip achieves 105 qubits but remains far from cracking Bitcoin encryption. Breaking Bitcoin’s encryption would require over 1 million qubits, far beyond Willow’s power. The crypto market panicked over Willow’s announcement, causing a temporary sell-off.

Coinbase’s fray with the FDIC continues

“Law-abiding American businesses should be able to access banking services without government interference,” Coinbase’s Paul Grewal said on X

Florida Plans To Launch Bitcoin Reserve by Q1 2025

The state’s massive $185.7 billion pension fund, one of the largest in the U.S., includes Bitcoin-related assets.

Solana Foundation exec departs for ‘the most interesting experiment in crypto’

Austin Federa had been at Solana Labs and Foundation for nearly four years

‘Hawk Tuah’ girl’s memecoin launch fails spectacularly

The HAWK token crashed 87% around 30 minutes after launching

Is the Fed making a policy mistake?

There’s a lot of confusion as to why the Fed might still be cutting rates despite what looks to be an economy doing pretty well

BTC’s road to $100K, and what to expect next

More momentum could drive BTC past the six-figure price mark — albeit not without volatility

Initial jobless claims rise during last week of November, lowers rate cut odds

Data came in a bit mixed, but is overall consistent with the 13-week moving average

What SEC chair nominee Paul Atkins has previously said about crypto

Crypto is “really exciting,” former SEC Commissioner Paul Atkins said in a podcast interview last year

Bitcoin sets new all-time high above $100K

Many analysts expected bitcoin to top $100K before year-end, though it’s been on a post-election tear

A crypto CEO’s warning to law firms

Brian Armstrong called out the hire of Gurbir Grewal, who had been the SEC’s enforcement division director since 2021

Roger Ver ready to fight over $50M in BTC taxes

Bitcoin Jesus is arguing that the Department of Justice’s tax fraud charges are “unconstitutional”