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Crypto week,” the legislative bonanza in DC, is being treated like a victory lap by some, and causing others to research subsistence farming in case the global economy collapses as a result (Not kidding.
Initially centered on online gaming and sports wagering, SharpLink has increasingly shifted its focus towards blockchain-based finance while also incorporating blockchain technology into its betting experience.
Anita Ramaswamy, columnist at The Information, joins Marketplace’s Meghan McCarty Carino for “Tech Bytes: Week in Review.”
Crypto may have become part of many portfolios, but few of us use digital assets on a regular basis. Recent Motley Fool research shows that more than one in five Americans own crypto, but around a quarter of them have limited understanding of how it works. That needs to change.
Crypto week kicks off on Capitol Hill, with lawmakers set to debate a handful of bills that sources say could have a big impact on the market.
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Wholesale inflation remained unchanged in June, according to new Producer Price Index data. Meanwhile, "crypto week" in Washington has hit a snag as Republican lawmakers side with Democrats on cryptocurrency legislation.
The market structure package called the CLARITY Act could be held up as Democrats have concerns about President Trump’s growing crypto empire.
Shares of Coinbase Global and Robinhood Markets rallied Friday on the heels of a regulatory win that could usher in the wider adoption of cryptocurrencies in the U.S.House representatives passed the Clarity Act in a 294-134 vote on Thursday.