aohnthna

@aohnthna

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Sweet coffee, I’m absolutely obsessed. Can’t resist that perfect blend of rich flavor and a touch of sweetness. The best way to start the day

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The Congressional Crypto Caucus follows the formation of the “Congressional Blockchain Caucus,” another bipartisan group that arose during the later years of the Obama presidency with the goal of understanding blockchain technology.

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US Congresspeople Ritchie Torres and Tom Emmer are forming a “Congressional Crypto Caucus” with the goal of advancing crypto-friendly policies in the US House of Representatives. Torres announced the news via his X account on March 3.

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Gensler departed the same day that crypto-friendly Donald Trump started his second presidential term as US president. Trump had promised to fire Gensler once elected.

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The donation came weeks after Pertsev left prison custody in early February as part of the pretrial release.

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His attorney, Judith De Boer, emphasized the broader implications of the appeal in a statement to Cointelegraph:

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Onchain data from the firm also shows that the malicious actors, identified by ZackXBT, currently hold 489,395 ETH, valued at over $1.3 billion, and 15,000 Mantle Restaked ETH (cmETH) in 53 additional wallets.

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“Many of the memecoins that are out there probably do not have a home in the SEC under our current set of regulations,” Peirce said, adding that their regulation would be a matter for Congress or other agencies to consider.

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In a Feb. 11 interview with Bloomberg, Peirce addressed a question on whether memecoins like TRUMP and First Lady Melania Trump’s Official Melania Meme (MELANIA) have increased work for the SEC.

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Amid reports that investors have lost about $2 billion on Trump’s memecoin in a matter of weeks, Peirce said most memecoins are not subject to SEC oversight.

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Memecoins like US President Donald Trump’s Official Trump (TRUMP) token do not fall under the jurisdiction of the Securities and Exchange Commission, according to Commissioner Hester Peirce.

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In a Feb. 10 filing in the US District Court for the Northern District of Illinois, the SEC requested a judge push its deadline to respond to Cumberland DRW’s motion to dismiss from Feb. 19 to March 21. According to the financial regulator, its crypto task force “may affect and could facilitate the potential resolution of [the] case.”

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The US Securities and Exchange Commission requested more time to respond to a motion to dismiss one of the agency’s crypto enforcement cases, citing how its recently created crypto task force could affect its approach in court.

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If it does, it’ll join Grayscale, Bitwise, VanEck, 21Shares and Canary Capital in vying for a spot SOL fund to track what is currently the fifth-largest cryptocurrency by value.

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Franklin will need to file what’s known as a Form 19b-4 and a Form S-1 for the proposed ETF with the Securities and Exchange Commission before it launches for trading.

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A potential rally to $1.5 million would assume that Bitcoin realizes an average compound annual growth rate (CAGR) of 58% during the next five years.

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“Many institutional investors are now looking at Bitcoin and thinking they need to add it to their asset allocation because its return and risk profile looks so much different than all the other assets in their portfolios,” Wood added.

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NFTs were arguably the most defining theme of the last cryptocurrency bull market, which peaked in 2021. The momentum continued into 2022, when NFT sales reached a record high of $57.2 billion, according to DappRadar.

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“Creating a unified market for NFTs (and tokens at large) requires robust token indexing, aggregating token liquidity across marketplaces and interfacing with decentralized exchanges,” said Maier. “These APIs and developer tools are what teams like Coinbase, MetaMask and Magic Eden use.”

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Jason Maier, co-founder and chief operating officer of Reservoir, told Cointelegraph that while blockchains enable digital ownership, the tools needed to trade tokens on chains “don’t come out of the box on blockchains.”

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