commodity – DIGIT INFO

Energy-backed currencies as the key to climbing the Kardashev scale

DIGIT — Tue, 18 Feb 2025 15:17:37 +0000

Aligning financial incentives with energy production may be the key to future prosperity and abundance.

US Senator Sounds Alarm on 3 Major Crypto Threats — Could Digital Assets Be in Danger?

DIGIT — Tue, 15 Oct 2024 06:16:21 +0000

Utah Republican senator Mike Lee outlined three major regulatory risks to the cryptocurrency industry at the recent Permissionless III crypto conference. They are the creation of a central bank digital currency (CBDC), fragmented state regulations, and heavy federal oversight. He warned these could threaten the digital assets sector, saying, “Cryptocurrency is not a security. Cryptocurrency […]

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Cantor Fitzgerald CEO: Bitcoin Is a Commodity, Should Be Treated Like Gold and Oil

DIGIT — Mon, 30 Sep 2024 23:30:27 +0000

Howard Lutnick, CEO of Cantor Fitzgerald, says bitcoin is a commodity. “When you truly understand bitcoin, it’s hard to see it any other way,” he said, adding that the crypto “should be treated like gold and like oil.” While stating that other digital assets may vary, he firmly maintained that BTC is a commodity. Howard […]

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Gold hits new high as Bitcoin rallies to month high at above $64K

DIGIT — Mon, 23 Sep 2024 06:10:57 +0000

Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension.

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Bitcoin ETF issuer VanEck files for Solana ETF in the US

DIGIT — Thu, 27 Jun 2024 13:23:34 +0000

According to VanEck’s head of digital assets research, VanEck is the first company in the United States to file for a Solana ETF.

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Prometheum launches Ether custody service that treats ETH as a security: Report

DIGIT — Tue, 21 May 2024 01:22:15 +0000

The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.

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House expected to vote on crypto bill offering SEC, CFTC clarity in May

DIGIT — Fri, 10 May 2024 20:25:53 +0000

The Financial Innovation and Technology for the 21st Century Act passed out of committee in July 2023 but could be headed for a full floor vote in the U.S. House of Representatives.

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Uniswap lawsuit judge calls Ether a commodity in dismissal order

DIGIT — Thu, 31 Aug 2023 00:37:03 +0000

United States District Court Judge Katherine Polk Failla is also the judge overseeing the SEC’s lawsuit against crypto exchange Coinbase.

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XRP price tags 10-month high — Can a 35% pullback be avoided?

DIGIT — Wed, 29 Mar 2023 14:59:56 +0000

A U.S. regulator called Bitcoin, Ether, and Litecoin commodities in its court filing against Binance. It did not mention XRP anywhere.

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Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

DIGIT — Sat, 07 Jan 2023 19:30:16 +0000

During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar dependence by purchasing the Chinese yuan on foreign exchange markets. Roughly around the same […]

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