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| February 18, 2018

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Chloe Kim, 17-year-old Team USA star, wins halfpipe gold

February 13, 2018 |

Snowboarding prodigy Chloe Kim landed a gold medal in women’s halfpipe Tuesday in Pyeongchang, South Korea, becoming the the youngest woman to win an Olympic snowboarding medal.
FOX News

TMZ

‘House of Cards’ Star Reg E. Cathey Dead From Cancer at 59

February 10, 2018 |

Reginald E. Cathey, who had huge roles in “House of Cards” and “The Wire,” has died … TMZ has learned. The beloved actor passed away at his home in New York, surrounded by friends and family. We’re told he’d been battling lung cancer. Reg played…

TMZ.com

Meet Bitcoin’s New Rock Star; CFTC’s J. Christopher Giancarlo

February 10, 2018 |

Bitcoin’s New Rock Star, J. Christopher Giancarlo

A strange thing happened on the way to the decentralized digital currency revolution: a cop – a regulator – seems to have salvaged bitcoin’s giant crash. Less than 24 hours after a 65 percent drop in bitcoin’s price, hysteria from all corners, no less than one man, the Commodities Futures Trading Commission (CFTC) chair, J. Christopher Giancarlo, brought the couch-fainting, pearl-clutching community hope.  

Also read: Landmark Senate Crypto Hearing Seen as Mostly Positive by Bitcoiners

Bitcoin Hero, J. Christopher Giancarlo

No one in the ecosystem was excited that two of bitcoin’s main regulators, the Securities and Exchange Commission (SEC) and CFTC chairs were headed up to the United States Senate for a hearing in front of the Committee on Banking, Housing, and Urban Affairs. At issue was the future of regulation, and as luck would have it crypto had taken a giant dump and the US stock market dropped as well a day before. Politicians love to throw themselves between a crisis, and it being an election year, a perfect storm for headlines such as “crackdown” seemed to be brewing.

Bitcoin’s New Rock Star, J. Christopher Giancarlo

And then it didn’t happen.

Remarks published the night before spoke to a rather reasoned position, if government regulation is assumed, on the part of both agencies. But that didn’t mean both men wouldn’t fold once questions came from the senate. There was still plenty to be nervous about.

And then it didn’t happen, again.

Bitcoin’s New Rock Star, J. Christopher Giancarlo

When the opening statement from CFTC chair J. Christopher Giancarlo met the microphone, something incredible happened: the seasoned regulator seemed human. He spoke of a deep empathy sweeping his personal experience, one in which his children and extended family were involved with bitcoin. It was, he said, time to value their enthusiasm, to not confuse them with popular conceptions of fraud or crime. He’d later even enter the neologism “Hodl” into the formal congressional record. 

Where the hell did this guy come from?

The dapper 58-year-old Obama appointee in fashion-forward frames assumed his slot back in 2014, long before bitcoin futures were so much as a glimmer in anyone’s eyes. He was born and raised in New Jersey, and eventually earned his juris doctorate before gaining executive spots in the private sector, much of it software related and tech oriented.

Bitcoin’s New Rock Star, J. Christopher Giancarlo

He’s married, has three kids, and plays banjo well enough to have it recorded and be part of a band. His remarks on 6 February, embedded for you here, are worth hearing in context. It is clear he understands the import of bitcoin, its importance, even if he’s quite unsure about its future and his agency’s ultimate role in shaping the asset going forward.

Bitcoin’s New Rock Star, J. Christopher Giancarlo

And maybe too much as been made of his positive statements and the correlation to bitcoin prices rebounding near minutes after he uttered them. Maybe. But the man owns a 1973 Buick convertible. Your argument is invalid.   

What do you think of the CFTC chair? Let us know in the comments section below.


Images courtesy of Pixabay, US Senate, Twitter.


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The post Meet Bitcoin’s New Rock Star; CFTC’s J. Christopher Giancarlo appeared first on Bitcoin News.

Bitcoin News

TMZ

‘Black Panther’ Star John Kani Says Movie Shows Africa’s True Potential

January 30, 2018 |

The King from “Black Panther” says his Marvel movie is way more than a superhero flick — it’s also going to debunk a bunch of stereotypes about Africa. In other words … school’s in! We got John Kani, who plays King T’Chaka, and asked if he…

TMZ.com

TMZ

Disney Star Adam Hicks Allegedly Caught on Video Committing Armed Robbery (UPDATE)

January 26, 2018 |

TMZ has obtained video … allegedly showing Disney star Adam Hicks committing armed robbery, casually strolling to his getaway vehicle and driving away. TMZ broke the story … Hicks, who starred in “Zeke and Luther,” “Pair of Kings,” and…

TMZ.com

Former Disney Star Arrested on Suspicion of Armed Robbery

January 26, 2018 |

A former Disney star was arrested Wednesday in California after police say he robbed multiple people at gunpoint while the victims were out for their morning walk, the Los Angeles Times reports. Police say Adam Hicks’ crime spree started when he pointed a gun at a 52-year-old man and demanded…
Newser

‘Star Wars’ toy sales fall as movie tie-in fatigue sets in

January 20, 2018 |

The warning signs for the toy industry started last year when “Cars 3” — considered a surefire success — proved lackluster for licensees such as Mattel Inc.

Now, toy makers’ big bets on movie tie-ins look downright bleak. Playthings based on the “Star Wars” saga — the franchise that kicked off…


L.A. Times – Business

TMZ

‘The Wire’ Star Wood Harris Chooses Between Trump and Pence

January 14, 2018 |

“The Wire” star Wood Harris has strong but conflicted views on who he wants in the Oval Office. Harvey ran into Wood — who’s heading to Philly to shoot “Creed II” — Saturday on Melrose in L.A., and asked who’s better to occupy the White House at…

TMZ.com

WSJ : Trump Lawyer Paid Porn Star $130K for Her Silence

January 13, 2018 |

The Wall Street Journal is reporting that a $ 130,000 payment was made to a porn star by a lawyer for President Trump in order to ensure her silence in advance of the election. What the Journal claims the silence was in connection with: an alleged consensual sexual encounter Trump…
Newser