50 days until US election, crypto Super PAC pours $7.8M into Senate races
Crypto interest groups could determine whether Democrats or Republicans have a majority in the US Senate in 2025 by backing candidates in crucial November races.
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Can Blockchain Technology Counter US Anti-Message Encryption Bill?
The Electronic Frontier Foundation (EFF) is attempting to alert the public to a bill that seeks to end the encryption of online messages and prevent it from being enacted by the United States Congress.The so-called EARN IT bill proposes that digital messages should first pass through government-approved scanning software in order to monitor for malicious…

Distributed ledger tech could save TradFi $100B a year: Lobby group
A new report from the Global Financial Markets Association says regulators need to take distributed ledger technology more seriously. 116 Total views 1 Total shares Around $100 billion a year or more could be saved if distributed ledger technology (DLT) was used in traditional markets, claims a new report from the Global Financial Markets Association…

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR
Dubai-based real estate giant Emaar Properties has released its new blockchain token-based referral and loyalty platform.Real monetary valueEmaar, which developed the world’s tallest building, the Burj Khalifa, as well as the Dubai Mall, is planning to launch the EMR token for rewarding its customers, local publication Arabian Business reports Oct. 17.Based on JPMorgan’s blockchain platform…

Senator Lummis says Treasury should convert gold for Bitcoin reserve
The United States government has the highest gold reserves in the world, with over 8,000 tons of the precious metal on its balance sheet.

Bitcoin Ban Means Massive Brain Drain for India, Crypto Industry Warns
India is seeing the first signs of an anticipated brain drain, as the government mulls stark legislation that would criminalize domestic cryptocurrency investments.A Sept. 16 Economic Times report has taken the measure of industry sentiment on the ground, as a proposed blanket ban — currently still in the form of draft legislation — awaits its formal…

23-year-old Australian buys $314k property via planned crypto investments
Loi Nguyen started his journey as an investor back in 2017 by purchasing a few hundred dollars worth of BTC, ETH and traditional stocks. In November 2021, his crypto investments outweighed his entire stock portfolio. 284 Total views 17 Total shares A young resident from Queensland, Australia played the long game of accumulating Bitcoin (BTC)…

Ethereum price crashes often follow ETH open interest peaks — Will history repeat?
Ethereum’s futures open interest hit a new all-time high, but data shows this feat is usually followed by an ETH price crash.

Institutional inflows into crypto hit lowest levels since October
Managers bought $21 million worth of digital asset investment products last week, according to Coinshares. On a market-cap adjusted basis, Ethereum remains the most popular investment. 2590 Total views 15 Total shares Capital flows into cryptocurrency investment products rose again last week, though the pace of growth has slowed since the start of the year,…