Trump’s Pro-Crypto Bluster at NFT Gala Lacked Policy Substance

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.Source

SEC Rebuts Coinbase’s Attempt to Get Appeals Court to Answer Key Crypto Question

Coinbase hasn’t successfully argued that an appeals court needs to look at how securities regulations might apply to digital assets, the U.S. Securities and Exchange Commission (SEC) said Friday.Source

U.S. House’s McHenry Says Bill on Crypto Market Structure Will Get Floor Vote

The most comprehensive U.S. cryptocurrency legislation to so far make it through a congressional committee will get even further, with the entire House of Representatives set to vote on whether to approve it soon, according to Rep. Patrick McHenry (R-N.C.), the chairman of the House Financial Services Committee.Source

Bitcoin Is In a ‘Bore You to Death’ Phase, but Bottom Could Be Close, Analysts Say

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.Source

Was Sam Bankman-Fried Proven Right About FTX’s Solvency?

No.Source

DOJ Said to Snub Sullivan & Cromwell, Appoint Competitor to Coveted Binance Monitorship: Bloomberg

The Department of Justice (DOJ) has chosen a London-based consulting firm for a coveted three-year monitorship of Binance, according to a Friday report from Bloomberg citing anonymous sources.Source

EigenLayer Opens Claims for Airdrop of EIGEN Token, Though It’s Non-Transferable

Perpetual futures markets price the fully diluted value of the token at around $15 billion.Source

DOGE and NEAR Lead CoinDesk 20 Gainers: CoinDesk Indices Market Update

The Near Protocol’s Near token has more than doubled in price in 2024.Source

Celo Community Ratifies Plan to Use Optimism’s OP Stack for New Layer-2 Chain

The vote passed with overwhelming support, with 65 addresses representing 14.6 million CELO tokens signaling approval for the measure.Source

Jack Dorsey Says Bitcoin Price Will Go Beyond $1 Million in 2030

Dorsey, who led the social media platform from 2015 to 2021, developed a strong interest in crypto during that time and is now fully focused on the sector.Source