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Saylor says Strategy unlikely to buy up rivals, as there’s too much uncertainty
Strategy is unlikely to make deals to acquire its Bitcoin-buying rivals, with founder Michael Saylor saying it’s too risky.
Crypto exchange Bullish rises on second-quarter earnings beat
Bullish posted $57 million in revenue in the second quarter, beating analyst estimates and giving its share price a lift after-hours to extend its gains on the day.
Crypto treasuries set for ‘bumpy ride’ as premiums narrow: NYDIG
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
EU lawmakers skeptical of digital euro as ECB renews pitch
Europe’s central bank pitched the digital euro as a backup in a crisis, but some EU lawmakers still had doubts over its design and use.
Fenwick denies claims it was key to the multibillion-dollar FTX fraud
Fenwick & West, a law firm once contracted by FTX, has asked a judge to toss a proposed lawsuit that claims it was key to the exchange’s fraud.
New York lawmaker wants to tax crypto sales and transfers
New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.
Trump Jr.-tied firm raises $50M for crypto, mining as Bitcoin peaks
Thumzup, a social marketing firm boasting Donald Trump Jr. as a shareholder, will spend $50 million to buy crypto and mining rigs.
Trump to order probe of crypto and political debanking claims: WSJ
The White House may issue an executive order directing bank regulators to investigate debanking claims by crypto execs and conservatives, the WSJ reported.
CFTC starts ‘crypto sprint’ with SEC following White House plans
The Commodity Futures Trading Commission will work with the Securities and Exchange Commission to implement the White House’s crypto recommendations.
Crypto bills move forward after nine-hour stalemate on House floor
The US House has moved forward three crypto bills after a record-long procedural vote saw a group of Republicans hold out to ensure language banning CBDCs.
Jesse Coghlan
Jesse has been an on and off investor in crypto since 2018, and is now a full-time writer in the crypto space based in Sydney with a strong interest in DeFi.
