Connect with us

Published

on

This week’s episode of Cointelegraph’s Market Talks welcomes Huf, the founder of Pear Protocol, a new decentralized exchange launching on Arbitrum in 2023. Huf worked as an equity derivatives trader for various investment banks for over a decade before entering the decentralized finance industry in 2019. He is often quoted in various news outlets for his views on the markets, which he shares in real time via his X (formerly Twitter) profile.

The show kicks off with Huf’s views on the current crypto market. Is it in need of a new stimulus and new money? Is it a closed system with the same money rotating from one protocol to the next or one blockchain to another? Is that the reason for such record-low volatility? 

Do narratives drive the current crypto market? If so, how can a trader or investor make the right decisions based on those narratives? Huf gives his insights and discusses the narratives he sees playing out in the near future — and those that have already played out.

Many crypto community members eagerly await the arrival of 2024, as they believe it will bring with it a new bull market — especially since 2024 is the year of the next Bitcoin halving. Huf explains why he is highly bullish on the first quarter of 2024 and why he thinks it will be the start of the next bull market.

The episode also discusses what needs to happen for central banks to start cutting interest rates: Will the decision rely on a continuous downtrend in inflation? And will the first spot Bitcoin exchange-traded fund be approved in the United States in 2024? We discuss all this and more, so stick around until the end.

Market Talks airs every Thursday, featuring interviews with some of the most influential and inspiring people from the crypto and blockchain industry. So, head over to the Cointelegraph Markets & Research YouTube channel, and smash those “Like” and “Subscribe” buttons for all future videos and updates.

Continue Reading

Politics

US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’

Published

on

By

US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’

US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’

US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system.

Continue Reading

Politics

US takes down sites, seizes $1M from crypto ransomware gang BlackSuit

Published

on

By

US takes down sites, seizes M from crypto ransomware gang BlackSuit

US takes down sites, seizes M from crypto ransomware gang BlackSuit

US and international law enforcement agencies have taken down servers and websites linked to the BlackSuit ransomware group and seized $1 million in crypto.

Continue Reading

Politics

US accuses UK of ‘significant human rights issues’ and restricting free speech

Published

on

By

US accuses UK of 'significant human rights issues' and restricting free speech

The US State Department has accused the UK of having “significant human rights issues”, including restrictions on free speech.

The unflattering assessment comes via a new version of an annual Human Rights Practices report, with its publication coinciding with Vice President JD Vance’s holiday in the Cotswolds.

Politics Hub: Follow latest updates and analysis

It says human rights in the UK “worsened” in 2024, with “credible reports of serious restrictions on freedom of expression”, as well as “crimes, violence, or threats of violence motivated by antisemitism” since the 7 October Hamas attack against Israel.

On free speech, while “generally provided” for, the report cites “specific areas of concern” around limits on “political speech deemed ‘hateful’ or ‘offensive'”.

Sir Keir Starmer has previously defended the UK’s record on free speech after concerns were raised by Mr Vance.

In response to the report, a UK government spokesperson said: “Free speech is vital for democracy around the world including here in the UK, and we are proud to uphold freedoms whilst keeping our citizens safe.”

Keir Starmer and JD Vance have clashed in the past over free speech in the UK. Pics: PA
Image:
Keir Starmer and JD Vance have clashed in the past over free speech in the UK. Pics: PA

The US report highlights Britain’s public space protection orders, which allow councils to restrict certain activities in some public places to prevent antisocial behaviour.

It also references “safe access zones” around abortion clinics, which the Home Office says are designed to protect women from harassment or distress.

They have been criticised by Mr Vance before, notably back in February during a headline-grabbing speech at the Munich Security Conference.

The report also criticises the Online Safety Act and accuses ministers of intervening to “chill speech” about last summer’s murders in Southport, highlighting arrests made in the wake of the subsequent riots.

Ministers have said the Online Safety Act is about protecting children, and repeatedly gone so far as to suggest people who are opposed to it are on the side of predators.

Read more politics news:
Is Keir Starmer falling into booby trap?
What is ex-minister Tulip Siddiq on trial for?

Please use Chrome browser for a more accessible video player

Why do people want to repeal the Online Safety Act?

The report comes months after Sir Keir bit back at Mr Vance during a summit at the White House, cutting in when Donald Trump’s VP claimed there are “infringements on free speech” in the UK.

“We’ve had free speech for a very long time, it will last a long time, and we are very proud of that,” the PM said.

But Mr Vance again raised concerns during a meeting with Foreign Secretary David Lammy at his country estate in Kent last week, saying he didn’t want the UK to go down a “very dark path” of losing free speech.

Please use Chrome browser for a more accessible video player

Lammy-Vance bromance: Will it last?

The US State Department’s report echoes similar accusations made by the likes of Nigel Farage and Elon Musk.

The Trump administration itself has been accused of trying to curtail free speech and stifle criticism, most notably by targeting universities – Harvard chief among them.

Continue Reading

Trending