Last night, Aug. 14, at a Crypto4Harris event, Senate Majority Leader Chuck Schumer and other prominent Democrats expressed strong support for crypto, underscoring the importance of regulatory clarity and bipartisan collaboration to shape the industry’s future. Schumer emphasized that Congress has a responsibility to enact common-sense and sound regulations for crypto, aiming to bring both The post Democrat leaders back positive crypto reform in 2024, but community remains divided appeared first on CryptoSlate.

Riot Platforms has announced an increase in its ownership stake in Bitfarms Ltd. to 18.9%, intensifying its influence over the Canadian Bitcoin mining firm. This development follows Riot’s acquisition of an additional 1 million common shares of Bitfarms. Riot confirmed, “The Purchased Shares were acquired through normal course purchases on the Nasdaq Stock Market and The post Riot increases Bitfarms ownership stake following board member removal appeared first on CryptoSlate.

Polymarket betting markets have surged with activity centered around Donald Trump’s return to the social media platform X, formerly Twitter. These markets allow participants to wager on various outcomes tied to Trump’s online behavior and public statements, with significant sums of money placed on precise predictions. One of the more active markets is focused on The post Polymarket betting markets return 455% on Trump’s interview with Musk appeared first on CryptoSlate.

As provided by several different platforms, the Fear and Greed (F&G) indexes for Bitcoin offer varied methodologies and insights into market sentiment. Each platform employs unique metrics to gauge investor sentiment, resulting in different scores and interpretations of the market’s mood. Alternative.me is one of the most popular F&G indexes designed explicitly for Bitcoin. It considers factors The post How different Bitcoin Fear & Greed indexes calculate market sentiment appeared first on CryptoSlate.

Marathon Digital Holdings, Inc. has announced a proposed private offering of $250 million in convertible senior notes, with the proceeds primarily aimed at acquiring bitcoin and supporting general corporate purposes. Last month, CryptoSlate reported the company’s intention to explore such an offering after Marathon CEO Peter Thiel commented that it would purchase Bitcoin when “conditions The post Conditions now primed for Marathon Digital’s $250 million Bitcoin treasury strategy appeared first on CryptoSlate.