Nick Baker

crypto-skeptic-sen.-sherrod-brown-is-open-to-advancing-stablecoin-legislation,-bloomberg-reports
Posted by | April 16, 2024
Crypto-Skeptic Sen. Sherrod Brown Is Open to Advancing Stablecoin Legislation, Bloomberg Reports

Sherrod Brown (D-Ohio), a crypto-skeptic who runs the influential Senate Banking Committee, is open to advancing long-sought legislation for stablecoins, Bloomberg reported Tuesday, citing an interview with him. Brown, according...

Continue Reading
Posted by | February 29, 2024
Retiring CEO of Giant Asset Manager Vanguard Shunned Bitcoin ETFs. Will His Replacement?

Tim Buckley, the Vanguard CEO under whose watch the giant asset manager has shunned spot bitcoin ETFs, will retire this year and a search is underway for his replacement, according...

Continue Reading
Posted by | February 7, 2024
Crypto Firm Bakkt Warns It Might Not Be Able to Remain in Business

Bakkt, a crypto platform introduced amid great fanfare in 2018 by the owner of the New York Stock Exchange, warned Wednesday that it might not be able to stay in...

Continue Reading
Posted by | February 1, 2024
OPNX, the Exchange Built by Founders of Doomed Hedge Fund Three Arrows, Is Shutting Down

OPNX, the exchange set up by the founders of failed cryptocurrency hedge fund Three Arrows Capital, is shutting down this month, according to a notice on the company's website. Customers...

Continue Reading
Posted by | January 10, 2024
Gary Gensler’s Statement on Bitcoin ETF Approvals

U.S. Securities and Exchange Commission Chair Gary Gensler released this statement after the regulator approved spot bitcoin ETFs : Today, the Commission approved the listing and trading of a number...

Continue Reading
Posted by | December 29, 2023
JPMorgan CEO’s Bitcoin Bashing Is a ‘Do as I Say, Not as I Do’ Situation

JPMorgan Chase CEO Jamie Dimon has dumped on cryptocurrencies for years. "I've always been deeply opposed to crypto, bitcoin, etc.," he said during a U.S. Senate hearing this month. "The...

Continue Reading
Posted by | December 27, 2023
Solana’s Scorching Rally Shows Ethereum Has a Serious Competitor

Solana (SOL) generated tremendous hype in 2021, with fans touting its ability to solve the Ethereum (ETH) blockchain's core problem. Solana, it was promised, would be a cheaper and faster...

Continue Reading
fidelity-wants-to-create-an-ether-etf,-joining-blackrock-in-doubling-down-on-crypto
Posted by | November 17, 2023
Fidelity Wants to Create an Ether ETF, Joining BlackRock in Doubling Down on Crypto

Fidelity became the latest giant financial firm to seek to create an ether ETF. The SEC still needs to approve these applications for them to trade in the U.S. The...

Continue Reading
on-bitcoin-white-paper’s-15th-anniversary,-wall-street-threatens-to-swallow-its-one-time-challenger
Posted by | October 30, 2023
On Bitcoin White Paper’s 15th Anniversary, Wall Street Threatens to Swallow Its One-Time Challenger

If you were paying attention back then, you don't need to be told this, but for those who were not: Late October 2008 was an incredibly ugly time in money,...

Continue Reading
Posted by | October 3, 2023
Coinbase’s Attempt to End SEC Lawsuit Should Be Rejected, U.S. Regulator Argues

The Securities and Exchange Commission filed a motion asking that a federal judge rebuff arguments from crypto exchange Coinbase.The debate hinges on how the judge might decide the proper way...

Continue Reading