Brady Dale

18 hours ago | axios.com | Brady Dale

Photo illustration: Aïda Amer/Axios. Photo: Al Drago/Bloomberg via Getty ImagesThe Official Trump meme coin is up nearly 50% Wednesday on news that its biggest holders get to have dinner with Donald Trump, the President of the United States. Why it matters: The big question everyone had about this crypto token was whether or not buying it would offer privileged access to the president, and now we have an answer.

1 day ago | axios.com | Brady Dale

Blockchain investors don't need to leave the decentralized web to invest in the only truly hot commodity these days: actual gold, because gold has long been tokenized, basically just like the dollar has been. Why it matters: Gold has proven to be the real safe haven in the current economic turmoil, hitting another all-time high price yesterday. Tokenized gold gives digital-asset investors an easy path to retreat from the crypto markets without moving their portfolio off blockchains.

1 day ago | axios.com | Brady Dale

Many more creative stablecoins will find themselves in a legal gray area if something like the STABLE Act passes, because it calls for a moratorium on issuing new "endogenously collateralized" stable tokens. Which leaves the ones that exist in a strange spot.

6 days ago | axios.com | Brady Dale

Bitcoin was a gift to the world that has made a lot of people rich. Some of those people and companies give back, to keep the momentum going. Why it matters: Bitcoin, like many other prominent blockchains, has no central company to steward its ecosystem — it relies on the largesse of its adherents to keep growing. Driving the news: Digital asset finance company Unchained announced several philanthropic initiatives to advance the Bitcoin ecosystem this week.

6 days ago | axios.com | Brady Dale

Stablecoin legislation is already having a big impact and neither chamber has even had a floor vote on it yet. The big picture: Stablecoin projects are coming fast and furious, fueled by expectations of a liquidity wave once the world's biggest economy gives its official nod. Standard Chartered experts project stablecoins to become a multitrillion-dollar category by 2028 if legislation passes that sanctions the sector. Context: That's comparable to the entire industry's market cap today.