Gensler, who is potentially weeks away from being replaced as the head of the SEC by President-elect Donald Trump, has remained defiant and true to his stance on crypto and enforcement. In a speech in New York on Nov. 14, Gensler said that “not every [crypto] asset is a security.” He added that former SEC […]
The British government plans to introduce legislation to regulate stablecoins and crypto staking. This move comes as President-elect Donald Trump lays out his plans to make the United States a global crypto hub, creating fresh competition for the UK to retain and attract digital asset businesses. Stablecoin and Staking Legislation According to a Bloomberg report, […]
Around 38,500 Bitcoin options contracts will expire on Friday, Nov. 15, and they have a notional value of around $3.4 billion. Today’s options expiry is pretty similar in magnitude to last week’s, as markets have remained buoyant for most of the week. However, analysts have cautioned that a correction is due following the largest rally […]
Phantom, a Solana-based decentralized finance (DeFi) wallet, has issued an urgent update for its iOS app. This follows reports that a bug unexpectedly logged some users out of their accounts. The glitch prevented several iOS customers from accessing their wallets unless they had backed up their recovery phrases. Users Locked Out of Their Wallets “We’re […]
Bitcoin’s price has been on a whopping run that drove it from $68,000 on US election day just over a week ago to a fresh all-time high of over $93,000 earlier this morning. After gaining roughly $25,000 within the span of less than ten days, the crowd has expectedly turned highly bullish and the levels […]
Ripple’s native token was a little late to the ongoing bull party but managed to chart some gains earlier this week and reached a multi-month peak of $0.74. It has lost some traction since then, alongside the rest of the market, but it still has a chance to overcome its 2024 high and here’s how, […]
Bitcoin prices hit another all-time high in late trading on Wednesday, Nov. 13, when it tapped $93,477, according to CoinGecko. However, the asset had since retreated to around $90,000 during the Thursday morning Asian trading session. The correction was a blip as BTC continued higher adding to its 20% weekly gains. Bitcoin has now added […]
President-elect Donald Trump’s team is reportedly in discussions with cryptocurrency leaders about regulatory changes that could reshape the U.S. approach to digital assets. According to sources, Trump plans to adopt a more lenient regulatory stance to fulfill his campaign promise of making the U.S. the “crypto capital of the planet.” Crypto-Friendly Appointments The Washington Post […]
After roughly a week of gains and charting consecutive all-time highs, bitcoin’s run has finally cooled off as the asset was rejected twice at the $90,000 level. As expected, the more volatile by nature altcoins have experienced even more turbulent corrections over the past day, leaving almost 300,000 traders wrecked. Bitcoin/Price/Chart 13.11.2024. Source: TradingView It […]
Sam Trabucco, the former co-CEO of Alameda Research and a close associate of FTX founder Sam Bankman-Fried, has reached a preliminary settlement with the creditors of the now-defunct cryptocurrency exchange. In a proposed agreement, Trabucco agreed to relinquish several high-value assets to help repay the bankrupt firm’s debts. The Settlement Deal According to a November […]