Brooks Butler

Blog Info Crypto Briefing
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Stats Has written 225 posts about cryptocurrency

May 12 2022

Senate Confirms Jerome Powell to Second Term as Fed Chair

May 12 2022 Published at Crypto Briefing under tags  central bank fed news people powell

The Senate has confirmed Jerome Powell to serve another four-year term as the leader of the Federal Reserve. As chairman of the Federal Open Market Committee, the Fed's monetary policymaking...

May 11 2022

Galaxy Digital Announces Stock Buyback

May 11 2022 Published at Crypto Briefing under tags  galaxy news novogratz share

Galaxy Digital has announced that it will begin a share repurchase program while its stock price is depressed. Accumulation Galaxy Digital seeking to buy back 10% of its shares from...

May 10 2022

“Ethereum Killers” Underwater Against Ethereum

Amidst a sustained crypto market correction that began last November, many of the Layer 1 smart contract platforms meant to compete with Ethereum have been severely depressed in terms of...

May 09 2022

El Salvador Buys 500 Bitcoin Amid Market Slump

May 09 2022 Published at Crypto Briefing under tags  bitcoin el salvador nayib bukele news

The first country to have adopted Bitcoin as legal tender has taken advantage of the sharp decrease in the asset's price today. Dedicated Dollar-Cost Averaging El Salvador has bought the...

Famed Economist Plans Tokenized Alternative to the Dollar

May 09 2022 Published at Crypto Briefing under tags  atlas inflation people roubini

Economist Nouriel Roubini, who has long expressed disdain toward cryptocurrencies, has announced his plans to launch a tokenized asset meant to hedge against what he perceives to be turbulent times...

May 06 2022

Robinhood Lists Grayscale’s Bitcoin, Ethereum Products

May 06 2022 Published at Crypto Briefing under tags  gbtc grayscale news robinhood

Robinhood has listed both the Grayscale Bitcoin Trust and Grayscale Ethereum Trust. This comes in the wake of Robinhood's major layoffs, as well as Grayscale's battle with the SEC over...

NVIDIA Settles SEC Charges Over Cryptomining Disclosures

May 06 2022 Published at Crypto Briefing under tags  charge news nvidia sec

The Securities and Exchange Commission has settled charges against NVIDIA that it failed to properly disclose the extent to which sales of its cryptomining machinery impacted its business. For this,...

To the Moon: CoinMarketCap to Host Metaverse Conference in Virtual Moon Base

May 06 2022 Published at Crypto Briefing under tags  coinmarketcap metaverse news

CoinMarketCap will hold its first-ever virtual conference in the Metaverse this May. Metaverse Meetup CoinMarketCap's annual The Capital conference is going virtual, taking place this year inside the Metaverse. The...

May 05 2022

Facing Backlash, Crypto.com Bends to Criticisms

Days after announcing that it would be slashing its cashback benefits and ending staking rewards, Crypto.com has once again shifted course on its new policy changes in the face of...

May 04 2022

Fed Raises Rates by 50 Basis Points

May 04 2022 Published at Crypto Briefing under tags  fed news powell rates

The Federal Reserve has raised interest rates by 50 basis points in the sharpest rate hike by the nation's central bank since 2000. Fed Ramps Up Rate Hikes As was...

May 03 2022

Ethereum Fees Only “Truly Acceptable” Under $0.05, Says Buterin

May 03 2022 Published at Crypto Briefing under tags  ethereum fees people vitalik buterin

Vitalik Buterin has said that fees on Ethereum will only be "truly acceptable" if they are lowered to under five cents. He did highlight the progress being made to that...

Ethereum Fees Only “Truly Acceptable” Under $0.05, Says Buterin

May 03 2022 Published at Crypto Briefing under tags  ethereum fees people vitalik buterin

Vitalik Buterin has said that fees on Ethereum will only be "truly acceptable" if they are lowered to under five cents. He did highlight the progress being made to that...

May 02 2022

VanEck to Launch NFT Collection This Week

May 02 2022 Published at Crypto Briefing under tags  business news nft numomo vaneck

VanEck will be launching an NFT collection this week. The VanEck Community NFT collection will feature 1,000 non-fungible tokens, divided into three tiers of rarity, and follow the story of...

Apr 29 2022

10% of ETH’s Supply Locked in Consensus Layer Deposit Contract

Apr 29 2022 Published at Crypto Briefing under tags  consensus layer ethereum merge news

The deposit contract for Ethereum's consensus layer, formerly known as ETH 2.0, has exceeded 12 million ETH, worth nearly $34 billion at current prices. This means that more than 10%...

Labor Department Skeptical of Fidelity’s Bitcoin 401(k)s

A top official with the the agency in the Labor Department that is tasked with regulating and overseeing companies in their management of employees' retirement accounts has expressed concerns with...

Apr 27 2022

OCC Chief Says Stablecoins Need Common Standard

Apr 27 2022 Published at Crypto Briefing under tags  news occ stablecoins

The acting chief of the Office of the Comptroller of the Currency has claimed that stablecoins should be given a common standard similar to the way that certain web practice...

Apr 26 2022

Apr 25 2022