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PropMarketCapFRESHRegulation

Democrats take the Senate: 51 seats and $63 million in crypto lobbying down the drain

According to the Associated Press, Democrats and the independents aligned with them won 51 seats in the US Senate, as well as a majority in the House of Representatives. Republicans are losing control of Congress, and Trump's crypto agenda is left without an automatic majority of votes.

PropMarketCapFRESHCurrencies, commodities and indices

Bloomberg and two algo funds pay up to $100,000 a month for Trump's posts 50 ms ahead of the market

Reuters reported on October 28 that Bloomberg, Susquehanna International Group and Jump Trading have subscribed to the Truth API — a paid data feed from Trump Media that delivers Donald Trump's posts roughly 50 milliseconds faster than the social network's regular notifications. The subscription costs between $60,000 and $100,000 a month.

PropMarketCapFRESHRegulation

Ripple received a banking license in the US: cryptocurrency regulation has reached RLUSD reserves

The US Office of the Comptroller of the Currency (OCC, the regulator of national banks) has granted Ripple final approval to launch Ripple National Trust Bank. Now the $2.5 billion in RLUSD stablecoin reserves will be managed under federal oversight.