Dogecoin Jumps 7% as Musk Touts D.O.G.E at Trump’s Pennsylvania Campaign
The proposed department, abbreviated as D.O.G.E, will seek to make government spending of taxpayer money more efficient while streamlining departments that handle spending.
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‘High-Risk’ Crypto Loans Surge to a Two-Year High of $55M
High-risk USD loans. (IntoTheBlock)
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means the asset is slowly taking the role of the fed funds rate in the crypto ecosystem, says ARK Invest.
U.S. Election Betting: Federal Court ‘Erred’ in Letting Kalshi Launch Prediction Markets, CFTC Says
A federal judge “erred” in letting prediction market purveyor Kalshi list and trade election contracts, attorneys for the U.S. Commodity Futures Trading Commission argued in a brief to an appellate court Wednesday, reiterating many of the arguments it made during its case before the lower court.
Sam Altman’s Eye-Scanning Orbs Can Now be Summoned ‘Like a Pizza’, Say Worldcoin Execs
The project will now be know simply as “World” and plans to release “Orb 2.0,” the executives said during a presentation.
FBI Arrests Alleged SEC Hacker Linked to Fake Tweet Saying Bitcoin ETFs Were Approved
A fake SEC tweet briefly roiled the bitcoin market in January. (Nikhilesh De/CoinDesk)
Jailhouse Block: Elvis Digital Art Collection Inscribed on the Bitcoin Network
A digital art collection of Elvis Presley, “Elvis Side $Btc,” has been minted by OrdinalsBot and IP project Royalty.
Four Reasons Elon Musk’s Tesla May Have Moved $760M of Bitcoin
The electric carmaker moved its stash of BTC to new wallets earlier this week, sparking speculation on why it may have done so.
CoinDesk 20 Performance Update: HBAR Drops 5.1% as Index Trades Lower From Wednesday
Uniswap also joined Hedera as an underperformer, falling 3.9%.
Ongoing Profit-Taking Could Slow Bitcoin’s Move to Record High
Historical data suggests when the bitcoin circulating supply in profit is over 94% we tend to see a sell-off due to profit-taking.