{ }
MicroStrategy has appointed former Binance.US CEO Brian Brooks, along with Jane Dietze and Gregg Winiarski, to its board of directors, expanding the board to nine members. This announcement follows MicroStrategy's inclusion in the Nasdaq-100 Index, effective December 23. Brooks, who previously served as acting Comptroller of the Currency, is noted for his significant connections in the banking and crypto sectors.
XRP's recent drop to $2 may signal the end of its bearish second wave, according to analyst TradinSides, who anticipates an upcoming bullish third wave driven by factors such as Ripple's RLUSD launch, Donald Trump's pro-crypto stance, and potential SEC regulatory changes. Egrag Crypto's analysis highlights that a close above $1.99 could mark a historic moment for XRP, with predictions of more stable growth compared to previous cycles. Currently, XRP is trading at approximately $2.36, reflecting a 4% increase in the last 24 hours.
Ripple's chief legal officer, Stuart Alderoty, has urged Congress to adopt innovation-friendly cryptocurrency regulations that focus on regulating activities rather than technology. He cautioned against enshrining abstract principles from previous policies without thorough study and consensus, amid criticism of the SEC's stringent enforcement approach. The evolving political landscape, particularly with President Trump's support for digital assets, may lead to more favorable regulations that balance investor protection with technological growth.
SEC Commissioner Hester Pierce expressed optimism about potential regulatory changes under new Chair Paul Atkins, particularly regarding Ethereum ETF staking and in-kind redemptions. She noted that while uncertainties remain, the new leadership could facilitate a more favorable environment for these reforms, which were unlikely under the previous administration. Pierce emphasized the importance of immediate action on crypto regulations from day one of Atkins' tenure.
SEC Commissioner Hester Peirce anticipates early changes for crypto ETFs, including staking for Ethereum and in-kind redemptions for Bitcoin, under new leadership. With a favorable majority among Commissioners, discussions on these improvements are expected to accelerate, potentially leading to a wave of new crypto ETF approvals next year. Recent approvals for hybrid ETFs by Hashdex and Franklin Templeton signal a positive shift in the regulatory landscape.
Cathie Wood, founder of ARK Investment Management, predicts a surge in startup mergers and acquisitions if Donald Trump wins another presidential term, citing potential regulatory changes. She maintains that Bitcoin could exceed $1 million by 2030 due to its fixed supply, contrasting it with gold's expandable production. Wood also highlights the positive impact of Trump's pro-crypto policies, including the nomination of Paul Atkins as SEC Chair, which could foster growth in both the tech startup and cryptocurrency markets.
Ark Invest CEO Cathie Wood predicts Bitcoin will exceed $1 million by the decade's end, driven by its finite supply and increasing institutional interest. She highlights Bitcoin's resistance to inflation compared to gold and anticipates a surge in mergers and acquisitions under the incoming Trump administration, facilitated by regulatory changes. Wood also welcomes the nomination of Paul Atkins as SEC chair, expecting a more favorable environment for crypto innovation and investment.
Cathie Wood, founder of ARK Investment Management, predicts a surge in mergers and acquisitions following Donald Trump's election, driven by anticipated regulatory rollbacks. She also forecasts Bitcoin could exceed $1 million by 2030, citing its fixed supply and growing institutional interest. Wood emphasizes that the crypto market is still in its early stages, with significant growth potential compared to gold.
As Donald Trump prepares to take office in 2025, the Digital Chamber is advocating for a significant overhaul of the SEC's approach to cryptocurrency regulation. The group emphasizes the need for transparency and collaboration, criticizing past policies and urging a shift towards a more cooperative regulatory framework.The Chamber also calls for legislative action on stablecoins and opposes the reappointment of SEC Commissioner Caroline Crenshaw, citing her detrimental impact on crypto innovation. With a potential policy shift on the horizon, stakeholders are hopeful for a balanced approach that fosters innovation while protecting investors.
A shift in the US's stance on digital assets is anticipated under the upcoming Trump presidency, potentially leading major banks to adopt crypto custody services as a first step toward deeper involvement in the sector. Trump has nominated crypto advocate Paul Atkins to head the SEC, replacing skeptic Gary Gensler, and appointed David Sacks as the White House's lead on artificial intelligence and cryptocurrency.
Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

MachinaCore is a highly modular and scalable system that allows users to build custom widgets and tools tailored to their specific financial data needs, while seamlessly integrating with other MachinaLabs products, like Machinary, MachinaAI Modules and MachinaTrader.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings

Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.