Day: November 23, 2024

Dogecoin Rises on Speculation of X Payments Integration

Dogecoin surged to a one-week high Friday amid speculation that Elon Musk may soon introduce payment features to X, formerly known as Twitter. The price of Dogecoin is up 4% in the past 24 hours, currently sitting at $0.46, according to CoinGecko. It briefly touched $0.41, its highest level in over a week. Over the […]

Pro-Crypto Shift: Scott Bessent Nominated as Treasury Secretary

Bessent, founder of Key Square Group, has been a close economic advisor to Trump throughout his campaign. His nomination signals a strategic shift towards integrating digital assets into U.S. economic policy, aligning with Trump’s proposal for a strategic Bitcoin Reserve. A Career in Global Finance Born in 1962 in Conway, South Carolina, Scott Bessent graduated […]

XRP Surges 20% as SEC Chair Gary Gensler Prepares to Exit

The price of XRP, Ripple Labs‘ prominent cryptocurrency, soared 20% Thursday following news that SEC Chair Gary Gensler will step down when President-elect Donald Trump takes office in January. The cryptocurrency hit a high of $1.53 today, marking its highest price since May 2021. XRP has nearly tripled in value since Election Day, making it […]

DOJ Charges Five Men in Cryptocurrency Phishing Scheme

The alleged conspirators, aged 20 to 25, face charges including conspiracy to commit wire fraud, conspiracy, and aggravated identity theft. According to the DOJ, the group used phishing text messages to obtain employee credentials, which were then exploited as entry points to access and steal funds from cryptocurrency accounts. Link to Scattered Spider The five […]