Bitcoin’s Impressive Surge Bitcoin (BTC) has made headlines by climbing past the $106,000 mark on Thursday morning in the U.S. This remarkable rise comes on the heels of reports indicating that former U.S. President Donald Trump is scheduled to speak with Nayib Bukele, the president of El Salvador, a nation known for its pro-crypto stance….
Introduction to Ranger Protocol The creators behind Ranger Protocol, a Solana-based crypto derivatives exchange, are making waves in the sector by raising an impressive $1.9 million from venture capitalists. This funding marks a significant step as they venture into the rapidly evolving intersection of artificial intelligence (AI) and cryptocurrency trading. What is Ranger Protocol? Ranger…
The crypto industry is currently on edge, eagerly awaiting decisive action from President Donald Trump regarding cryptocurrency regulations. As Trump has recently taken office, the absence of a clear executive order related to digital assets from the White House has left many in the sector feeling uncertain. Trump’s Remarks on Crypto at the World Economic…
As the landscape of technology rapidly evolves, the U.S. Securities and Exchange Commission (SEC) must adapt accordingly. This necessity is especially pronounced in the realm of cryptocurrency, where the market has expanded significantly in both size and complexity. The SEC’s current approach, characterized by enforcement actions and a lack of comprehensive regulation, requires urgent reform…
The Challenge of Online Payments The digital age has revolutionized the way we shop and conduct business, yet one significant obstacle remains: efficient online payments. Most online transactions still rely on traditional payment methods like credit cards, which are not seamlessly integrated into the online shopping experience. This reliance on third-party verification, such as banks,…
Welcome to The Protocol, your go-to source for the latest and most significant developments in the cryptocurrency technology realm. I’m Ben Schiller, CoinDesk’s Opinion and Features editor, here to guide you through this week’s highlights. In this edition, we will cover: – Strategic Merger in DAO Governance – Turbulence at the Ethereum Foundation – New…
Withdrawal of SAB 121 The U.S. Securities and Exchange Commission (SEC) has made a significant move by withdrawing its contentious Staff Accounting Bulletin (SAB) 121. This decision, announced on Thursday, signals a shift in how banks and public companies will account for customer crypto assets. Understanding SAB 121 and Its Implications Initially, SAB 121 mandated…
Warren Calls for Regulatory Scrutiny Senator Elizabeth Warren is raising alarms regarding President Donald Trump’s newly launched meme coin, the $TRUMP token. She is urging the U.S. Office of Government Ethics, along with various financial regulatory bodies, to investigate the ethical implications and regulatory compliance surrounding this digital asset. Potential Conflicts of Interest Warren, who…
The Growing Interest in Cryptocurrency ETFs It took institutional investors more than a decade to recognize Bitcoin (BTC) as a legitimate investment option, despite early endorsements from notable financial pioneers. However, the landscape of cryptocurrency investment has evolved rapidly. Just under a year following the introduction of spot Bitcoin exchange-traded funds (ETFs) that attracted significant…
Introduction of the Executive Order U.S. President Donald Trump has officially issued a long-anticipated executive order aimed at shaping the future of cryptocurrency in America. This directive instructs his administration to create favorable policies that support the growth of the digital assets sector and to work towards building a “digital asset stockpile.” A New Era…
