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Showing posts with the label crypto-friendly

Trump Pushing CFTC To Oversee the Cryptocurrency Industry

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Trump is reportedly pushing the U.S. Commodity Futures Trading Commission (CFTC) to oversee the cryptocurrency industry, reported Fox Business. The President-elect is making good on the campaign promise to reshape the digital assets’ landscape and make the U.S. the hub of cryptos. Also Read: US Dollar vs Chinese Yuan: Trump To Start a Currency War? According to Fox Business, Trump plans to extend power to the CFTC to put a regulator in charge to oversee the cryptocurrency industry. It is also reported that Trump plans to limit the powers of the U.S. Securities and Exchange Commission (SEC) on the digital asset industry. Bloomberg reported that Trump is eyeing Paul Atkins to be the next SEC Chair after Gary Gensler steps down. Also Read: Will the U.S. Become Bankrupt? Debt Reaches $36 Trillion CFTC Could Regulate the Cryptocurrency Industry Under Trump Source – Techopedia The SEC has been aggressively targeting the cryptocurrency industry under Chairman Gary Gensler. However,...

Paul Tudor Jones' Hedge Fund Holds $230M Worth of BlackRock's Bitcoin ETF

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With the asset only growing in value and relevant throughout this year, billionaire Paul Tudor Jones’ hedge fund has disclosed holding $230 million worth of BlackRock’s Spot Bitcoin ETF. Indeed, a filing with the US Securities and Exchange Commission (SEC) shows Tudor Jones’ belief in the leading cryptocurrency. Speaking to CNBC in October, Tudor Jones expressed concerns regarding inflation. Moreover, he noted that he firmly believes in the capability and potential of gold and ‘digital gold,’ Bitcoin. The most recent filing shows that the hedge fund manager is putting his money where his mouth is. JUST IN: Billionaire Paul Tudor's hedge fund holds $230 million worth of BlackRock's spot #Bitcoin ETF. — Watcher.Guru (@WatcherGuru) November 18, 2024 Also Read: BlackRock’s Bitcoin ETF Officially Surpasses Its Gold ETF Paul Tudor Jones Discloses Holding $230 Million Worth of BlackRock Bitcoin ETF November is proving to be a historic month for Bitcoin...