President Joe Biden ordered a cryptocurrency mining facility near Warren Air Force Base in Wyoming to halt operations on Monday, calling it a threat to national security.
The current boring crypto market could last between one to six months, and the sentiment will be the most negative right before the turnaround, one hedge fund manager said.
At the Mar-a-Lago dinner, Donald Trump wooed a constituency Joe Biden has thoroughly snubbed. But the presidential candidate isn’t exactly fluent in cryptocurrency policy.
Fireblocks is also convening a licensed and qualified crypto custodian partner program with a starting line up of custodians from the U.S., the United Arab Emirates, Britain, Singapore, Thailand and Australia.
The fast-growing organization of cryptocurrency supporters, Stand With Crypto, is getting into campaign financing with the opening of its own political action committee (PAC) that will make direct donations to endorsed congressional candidates, said Chief Strategist Nick Carr.
The latest price moves in bitcoin (BTC) and crypto markets in context for May 10, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
