XRP is showing signs of a major price rally, with experts predicting that it could be on the verge of a massive pump. This potential surge has traders and analysts excited, as they believe the current moment is the perfect time for XRP to explode in value. The altcoin has broken out of a falling …
Crypto investment products experienced a surge in inflows, totaling $1.98 billion from November 3-9, marking the fifth consecutive week of positive momentum. According to CoinShares, these recent inflows contributed to $7.7 billion in total inflows over five weeks, representing 24% of the $31.3 billion year-to-date. Spot Bitcoin ETFs in the United States were the primary …
Crypto investment products experienced a surge in inflows, totaling $1.98 billion from November 3-9, marking the fifth consecutive week of positive momentum. According to CoinShares, these recent inflows contributed to $7.7 billion in total inflows over five weeks, representing 24% of the $31.3 billion year-to-date. Spot Bitcoin ETFs in the United States were the primary …
Nate Geraci, the CEO of ETFStore has predicted filing of multiple crypto ETFs this week. He shared from his X account that multiple issuers have been waiting for this moment. What does he mean by this, let’s explore. Victory of Donald Trump Everybody in the crypto industry has been waiting for the results of US …
In the latest development, Norway is currently considering the potential adoption of a central bank digital currency (CBDC). In the process, Norway’s Central Bank, Norges Bank, has endorsed the Markets in Crypto-Assets (MiCA) regulation, which is a landmark framework created by the European Commission (EC) that focuses on maintaining financial stability. The Markets in Crypto-Assets …
Ethereum (ETH) recorded its largest three-day gain of 2024, as it surged 21% after Trump won the U.S. presidential elections. Despite institutions actively accumulating Bitcoin through spot Bitcoin ETFs, sentiment towards Ethereum has been mixed. However, the recent surge in ETH prices has attracted the interest of ‘smart money’, with a net inflow of $132 …
Bitcoin may be gearing up for a massive rally as it enters “Phase 2” of its historic bull run. On-chain data from CryptoQuant reveals a striking pattern similar to 2017, with long-term holders (LTHs) reversing their recent sell-off. This suggests fresh capital is flooding in, and Bitcoin could soon experience a second phase of explosive …
According to the President of the Texas Blockchain Council, the recent election outcome brought much-needed relief for the industry.
In order to strengthen its ailing economy, China has approved a 10 trillion yuan ($1.4 trillion) plan by allowing local governments to refinance their debt, revealing additional stimulus measures to counter a potentially volatile growth path as Trump is all set to return to the White House. Efforts To Stabilise Faltering Economy The world’s second-largest …
A Trump administration may lead to a less restrictive SEC Chair and more transparent crypto regulations.
President-elect Donald Trump has made his first major appointment for his second term, naming Susie Wiles as his White House chief of staff. Wiles, who was a key figure in Trump’s 2016 and 2020 campaigns, is the first woman to ever hold this role. Her appointment marks a significant step as Trump begins to organize …
Web3 professional Agne Linge believes that for broader DeFi adoption, regulations must catch up to make people feel safe.
SEC Commissioner Mark Uyeda, known for his vocal criticism of the agency’s approach to crypto regulation, is backing President-elect Donald Trump’s pledge to end what many see as the Biden Administration’s anti-crypto crackdown. Uyeda, who joined the SEC in 2022, could assume the acting chair role when Trump takes office in January 2025. Speaking with …
With Donald Trump returning to the White House for a 2nd term, new changes may be on the horizon that could benefit the crypto industry. A major campaign promise from Trump was to replace Gary Gensler as the head of the U.S. (SEC) who has been strict on crypto regulations, with a more crypto-friendly leader. …
Detroit’s got something different in store for 2025: it’s letting residents pay taxes and fees in cryptocurrency. This makes Detroit the largest U.S. city aiming to add crypto to its accepted payment methods. This is a bold move for a city eager to embrace tech innovation. The Detroit crypto payment plan is set to work …
Poland’s financial regulator, the KNF, has issued a warning about Crypto.com’s operations, raising concerns over possible regulatory issues. The alert targets Foris DAX MT, the Malta-based company behind Crypto.com, for unauthorized financial activities but stops short of banning the platform. Polish Bitcoin advocate Tomek Kolodziejczuk explained that the warning is just a precaution for investors, …
The first 100 days are crucial for Donald Trump after taking charge as the 47th US President. As Trump’s return to office in January 2025 approaches, the crypto world is abuzz with talk of who might replace current SEC Chair Gary Gensler. Crypto has won half the battle with pro-crypto governance whereas many things need …
With Donald Trump now elected as the next U.S. president, market sentiments have turned positive as experts foresee Bitcoin crossing major benchmarks by 2025. Moreover, JPMorgan analysts envision a strong outlook for both gold and bitcoin. The bank’s team, led by managing director Nikolaos Panigirtzoglou, has highlighted the term “debasement trade,” This is an investment …
France’s gambling watchdog, the Autorité Nationale des Jeux (ANJ), is planning to ban Polymarket, a crypto-based betting platform, for operating illegally in the country. The decision follows Polymarket’s rise in popularity after a French user made large bets on the U.S. presidential election. Over $3.5 billion was wagered on the U.S. election alone. While the …
Following Trump’s presidential win, Senator Cynthia Lummis renewed her push to establish a strategic Bitcoin reserve. Her BITCOIN Act of 2024 proposes the U.S. Treasury acquire 1 million Bitcoins over five years to strengthen financial stability, cut national debt by half by 2045, and position the U.S. as a leader in financial innovation. With Republicans …
U.S. Senator Cynthia Lummis, famously called the “Crypto Queen,” has a big plan in mind: she wants the U.S. to build a Bitcoin reserve. Lummis believes this bold move could boost America’s economy by treating Bitcoin as a new kind of financial asset. But is Bitcoin really stable enough for that? Let’s dig into her …
Donald J. Trump has been re-elected as the 47th US President. The crypto industry anticipates whether he will fulfill his promises to support its growth, including commitments made this year’s involving SEC Chair Gary Gensler. This could significantly affect the Ripple vs. SEC lawsuit and potentially pave the way for the approval of a spot …
In a research report on Thursday, Bernstein analysts expect a new “crypto-friendly” SEC Chair and Senate Banking Committee to accelerate regulatory clarity for the industry after Donald Trump’s win in the US Presidential election. The U.S. election result should improve regulatory clarity for digital assets, with the SEC and Senate Banking Committee becoming more crypto-friendly …
Following Donald Trump’s 2024 election win, speculation is mounting that U.S. SEC Chair Gary Gensler may soon exit his role. A recent report from 10X Research hints that Gensler could step down by December or January, aligning with the usual timing of SEC chairs stepping down as new presidents take office. For example, Jay Clayton, …
Donald Trump has declared victory as the 47th U.S. president, and all eyes are now on SEC Chairman Gary Gensler. Trump has promised to fire Gensler as soon as he steps into office, creating buzz in the crypto world. Will Gensler’s time at the SEC be over soon? Amid this growing speculation about Gary Gensler’s …
Crypto’s growing influence in the political landscape of the US this year is not unknown. With Trump’s win in the 2024 US Presidential elections, the pro-crypto sentiment in the market has gotten even stronger. Bitcoin even touched its highest ever of $75K in anticipation of a Trump win. Amidst the market optimism, Coinbase CLO, Paul …
A Republican-led Senate is poised to pass clearer crypto regulations, signaling a shift toward industry-friendly policies in the US.
With Donald Trump winning the 2024 US Presidential Elections, the significant event has now set the stage for Clearer cryptocurrency regulations and the end of SEC’s hostility towards crypto. Notably, Ripple CEO Brad Garlinghouse has also joined the celebrations of crypto candidates and Trump’s victory in the elections. He took to X on November 5 …
It was in 2016 that Donald Trump became the president of the United States of America for the first time. At that time, the cryptocurrency industry was in its nascent stage. In the previous election, he was defeated by Joe Biden. During the Biden administration, the crypto industry suffered a lot, especially in the form …
Elizabeth Warren secured her fourth term in the Massachusetts Senate race, defeating Republican and pro-crypto candidate John Deaton. Warren, a vocal crypto critic, has supported anti-money laundering legislation extending traditional financial regulations to the crypto sector, affecting miners and wallet providers. Deaton, backed by figures like Ripple CEO Brad Garlinghouse, challenged Warren’s regulatory focus, suggesting …