'CoinDesk Daily' host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as U.S. lawmakers failed to overturn President Joe Biden's veto in the saga to override the SEC's crypto accounting policy, SAB 121.
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines in the crypto industry today, as U.S. lawmakers failed to overturn President Joe Biden's veto in the saga to override the SEC's crypto accounting policy, SAB 121. Plus, the total amount of staked ether nears an all-time high, and Morgan Creek Digital plans to raise up to $500 million for a new Web3 fund.
The amount of Ether staked is closing in on a record high, keeping the circulating volume in check even though the total amount of eth is growing again. According to a note from crypto quant, the total number of staked Ether has increased to 33.3 million E which mounts up to 27.7% of total supply. This comes as an E or ETF inches closer to the US market. Poly market bets are assigning a 90% chance to an ether ETF being approved in the US by July 26th.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
House set to vote over President Biden's veto of SAB 121 overturnThe House of Representatives will vote on Wednesday on whether or not to repeal President Biden's decision to veto the overturn of SAB 121.
Read more »
US House may vote to overturn Biden's SAB 121 veto next weekThe US House of Reps could vote to potentially overturn President Joe Biden’s veto concerning SAB 121 bill this week.
Read more »
Experts Pour Cold Water on Trump and Johnson's Scheme to "Subvert" Conviction'We have to overturn this,' Trump reportedly told the House Speaker during a phone call.
Read more »
House Fails to Hold AG Merrick Garland in Inherent Contempt After Four Republicans DefectSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Read more »
House GOP fails to pass bill funding Legislative branch, thwarting schedulePolitical News and Conservative Analysis About Congress, the President, and the Federal Government
Read more »
House GOP fails to pass effort to fine Garland $10,000 per day - Live UpdatesThe resolution from Rep. Anna Paulina Luna sparked weeks of hand-wringing among House Republicans and got an endorsement from former President Donald Trump.
Read more »