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ChattBitcoin plans introductory event on cryptocurrency Monday

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ChattBitcoin plans introductory event on cryptocurrency Monday

Amid the plunge in cryptocurrency values this 12 months, native traders, entrepreneurs and crypto mining house owners have organized an academic occasion about Bitcoin from 6-8:30 p.m. Monday on the Learn Home.

The newly shaped ChattBitcoin plans a sequence of actions and a town-hall-style dialog Monday with Bitcoin educator Jimmy Track and different business leaders.

“The No. 1 query I hear round Bitcoin is, ‘What’s it?’” ChattBitcoin founding member Tom Schreiner mentioned in an announcement of the occasion. “There’s maybe nobody else higher certified to reply that query than Jimmy Track. Jimmy will give attention to what Bitcoin is and the philosophy behind it in a very accessible approach.”

(READ MORE: Bitcoin in your 401(ok): what may probably go incorrect?)

Track is a software program engineer, advisor, teacher and adviser about Bitcoin who lives in Austin, Texas. He has authored quite a few articles and books about cryptocurrency over the previous decade.

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Tennessee state Rep. Jason Powell, D-Nashville, who authored laws in 2018 and once more this 12 months to assist promote the Bitcoin business and mining in Tennessee, will likely be amongst these at Monday’s occasion. Earlier this 12 months, Powell helped move a invoice to draw to Tennessee decentralized autonomous organizations that run on blockchain know-how.

(READ MORE: Bitcoin plunges as main crypto lender halts operations)

Schreiner mentioned Monday’s occasion is supposed for each new and skilled Bitcoiners and is free and open to the general public. Present sponsors embrace PowR, Prime Belief, Swan and Transcard.

“Chattanooga has a really distinctive setup,” Schreiner mentioned in a press launch about ChattBitcoin. “There’s a tremendous quantity of vitality and affinity round this subject, and we hope to deliver of us with a ardour for these points involved with people who find themselves simply interested in what Bitcoin is all about.”

(READ MORE: Amid crypto turmoil, senators suggest sweeping oversight)

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The occasion comes as Bitcoin, the world’s largest cryptocurrency, dropped in worth by 15% on Monday, its sharpest one-day drop since March 2020. Bitcoin has shed about half its worth this 12 months and greater than 20% since Friday alone. Since its file excessive of $69,000 in November, it has slumped practically 70%.

To register and discover out extra concerning the occasion go to ChattBitcoin.com.

— Compiled by Dave Flessner

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Kraken Resumes Staking For US Customers

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Kraken Resumes Staking For US Customers

Key Takeaways

  • Crypto exchange Kraken has reintroduced crypto staking services for its customers in the U.S.
  • Kraken was previously sued by the SEC for offering similar services.
  • The move by Kraken is yet another sign that the regulatory environment for crypto companies in the U.S. is changing rapidly since President Trump returned to office.

Cryptocurrency exchange Kraken is reintroducing staking services for U.S. customers again.

Kraken’s decision to resume staking comes nearly two years after it settled charges with the SEC, which had previously forced it to halt staking services and pay a $30 million fine for offering unregistered securities.

Staking is a process by which crypto investors can pledge and lock their tokens to a pool which is then used toward validating transactions. Successful validators receive rewards for verifying information on the blockchain, and those rewards are shared with investors who staked their assets.

Kraken Pro users in 37 states and two territories will be able to stake 17 digital assets including Ethereum (ETHUSD), Solana (SOLUSD), Polkadot (DOTUSD), and Cardano (ADAUSD).

This could be yet another sign that the crypto landscape is changing quickly under President Donald Trump’s second administration. In his first week in office, Trump signed an executive order on digital assets, and the Securities and Exchange Commission has become more friendly to the crypto industry.

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Nadex self-certifies TRUMP Cryptocurrency Event Contracts

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Nadex self-certifies TRUMP Cryptocurrency Event Contracts

North American Derivatives Exchange, Inc. (Nadex) has self-certified the terms and conditions for its new TRUMP Cryptocurrency Event Contracts.

The Exchange intends to list the TRUMP Crypto Event Contract for trading on or after January 31, 2025.

The TRUMP Crypto Event Contract will include Intraday Contracts and will be structured in the same way as the Exchange’s currently listed event contracts for Forex.

Nine strike levels will be generated for the TRUMP Crypto Event Contract. The Expiration Value for the TRUMP Crypto Event Contract will be the Index Value as specified in the Contract’s product specifications.

Like all of the Exchange’s Event Contracts, the TRUMP Crypto Event Contract will have a settlement payout range from $10 to $100, or a payout of $0.

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The TRUMP Crypto Event Contract will be listed at 11:00 pm ET on the Start Date, or at the Expiration of the previously listed Event Contract and will cease trading upon expiration.

The Exchange has at least one dedicated Market Maker who is committed to providing liquidity for the TRUMP Crypto Event Contract.

The LDF is distributed and maintained by Lukka, Inc., using the principles set forth in the IOSCO Principles for Financial Benchmarks. The LDF is disseminated to major market data vendors on a one-second frequency.

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Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream? – Featured Bitcoin News

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Bitwise Seeks SEC Approval for Dogecoin ETF—Will Meme Coins Go Mainstream? – Featured Bitcoin News
Bitwise Files for Dogecoin ETF—Will SEC Finally Approve a Meme Coin Fund?Bitwise aims to launch a dogecoin ETF, tracking DOGE’s price directly. Will the SEC approve it? The industry anticipates more crypto ETFs in 2025. Bitwise Files for Dogecoin ETF Amid Growing Crypto ETF Trend Bitwise Investment Advisers LLC has formally submitted a registration statement to the U.S. Securities and Exchange Commission (SEC) for a proposed […]
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