Known for leading X (formerly known as Twitter) between 2015 and 2021, Dorsey has since shifted his focus toward crypto. He has cofounded Block, Inc, (formerly known as Square) and has also served on the board of directors for Bluesky, a decentralized social media platform. In a recent interview, he discussed his views on Bitcoin going forward. Don't Miss: 1 in 4 Americans own a share of Bitcoin according to NASDAQ, how much would $10 get you today? According to Cathie Wood, holding 6 Ethereum ..read more

The U.S. Senate joined the House of Representatives in voting to repeal a controversial U.S. Securities and Exchange Commission (SEC) accounting rule that imposed burdensome capital requirements on crypto custodians. Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto it in a show of solidarity with the SEC. Although a number of high profile Democrats, including New York Sen. Chuck Schumer, voted in favor of overturning the bulletin, the Senate’s 60 to 38 vote on Thursday failed to cross the threshold to override a presiden ..read more

Recent weeks suggest the Democratic Party's hard line against crypto will soon crack ..read more

Morgan Stanley, Point72 among firms buying the fund rebounds, reports say. Bitcoin price rebounds ..read more

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing ..read more

Bitcoin drove some crypto stocks higher ..read more

(Bloomberg) -- Bankrupt crypto lender Genesis Global Capital won court approval of its plan to distribute billions of dollars in digital assets and cash to creditors, defeating a legal challenge brought by its corporate parent Digital Currency Group.Most Read from BloombergA 25-Year-Old BofA Trader Dies Suddenly at Industry OutingChina Attempts to End Property Crisis With Broad Rescue PackageUS Company Becomes World’s Most Valuable Solar Firm After Chinese Rivals SlipWith a BlackRock CEO, $9 Tri ..read more

Crypto lender Genesis Global received court approval on Friday to return about $3 billion in cash and cryptocurrency to its customers in a bankruptcy liquidation, leaving its owner, Digital Currency Group, with no recovery from the bankruptcy. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 liquidation plan and overruled an objection raised by DCG, which had argued that Genesis should pay its customers and creditors no more than what the crypto assets were valued at in January 2023, when Genesis filed for bankruptcy. Crypto prices have risen sharply since Genesis filed for bankrup ..read more

MoonPay co-founder and CEO Ivan Soto-Wright joins CDTV's "First Mover" to discuss MoonPay's recent partnership with PayPal ..read more

When Bitcoin falls, miners take it hard ..read more