Congressman Brad Sherman Takes Aim at ‘Billionaire Crypto Bros’ for Slowing Regulation
The California-based accountant turned politician Brad Sherman has intensified his crypto criticism amid the recent market turmoil.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
SEC proposes Regulation Crypto Assets with new capital-raising exemptions
The SEC's proposal could significantly impact the crypto market by encouraging domestic capital raising and reducing offshore regu...
Bitcoin turned $10,000 into $870,000 in a decade where 87% of active stock funds failed to beat passive rivals
Bitcoin returned 87 times over a decade, while only 13% of actively managed US large-cap equity funds beat comparable passive fund...
Slowing ETF demand and corporate treasury selling are breaking the math behind Wall Street’s $16 trillion Bitcoin target
Bitcoin market cap must rise to ARK Invest's roughly $16 trillion 2030 base case, requiring about 78.6% annual growth from the cur...
Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute the...
Metaplanet takes 96% of Super League in 2,100 BTC, cash deal to launch US bitcoin treasury firm
Metaplanet is taking its bitcoin treasury strategy to the U.S. with a controlling stake in Super League, which surged 80% on the n...
Deel Takes Its DLUSD Stablecoin Wallet to More Than 80 Countries
Deel said on Aug. 17 that its DLUSD stablecoin wallet is live in more than 80 countries, 11 weeks after a launch limited to Argent...