Estimated read time 2 min read
Updates

Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC Economy

Texas Lawmaker Launches Resolution to Protect Bitcoin Investors, Support BTC EconomyA legislative proposal has been introduced to support the bitcoin economy in the U.S. state of Texas. “The individuals who own bitcoin should be protected” under the Texas Constitution, the proposal describes. “No citizen of Texas shall ever be deprived of their right to own bitcoin and that all bitcoin owners will be protected as […]
Estimated read time 2 min read
Updates

Bitcoin Supercycle May Be Happening, Says Commodity Strategist Mike McGlone

Bitcoin 'Super Cycle' May Be Happening, Says Commodity Strategist Mike McGloneBloomberg Intelligence senior commodity strategist Mike McGlone has explained that a supercycle may be happening in bitcoin, noting that the cryptocurrency is beating gold by almost 10 times so far this year. The strategist added that if past trends hold, bitcoin’s volatility is more likely to recover compared to commodities when the crypto “heads toward […]
Estimated read time 3 min read
Updates

SEC Informs Crypto Exchange Coinbase of Potential Securities Law Violations

SEC Informs Crypto Exchange Coinbase of Potential Securities Law ViolationsThe U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.’” Coinbase CEO Brian Armstrong explained: “A Wells notice typically precedes an […]