Day: December 18, 2024

Senate Cancels Vote on SEC’s Caroline Crenshaw

The Senate Banking Committee has canceled its scheduled vote on the reappointment of SEC Commissioner Caroline Crenshaw, a notable critic of Bitcoin and other digital assets. The decision, first reported by FOX Business journalist Eleanor Terrett, deals a blow to Crenshaw’s future prospects, as Congress adjourns on December 20. Crenshaw, known for her anti-crypto stance […]

Binance to Delist SUI, HMSTR, BNT, CYBER, and AEUR

Binance has announced the delisting of several tokens from its spot trading pairs, effective December 20, 2024, at 03:00 UTC. The affected tokens include SUI, HMSTR, BNT, CYBER, and AEUR, causing their prices to drop sharply in the aftermath. Binance regularly conducts reviews to ensure listed tokens meet its liquidity and trading volume standards. Tokens […]

WazirX Token Crashes 50% Amid Binance Delisting

Indian crypto exchange WazirX has encountered a double blow today. The Delhi High Court has ordered a fresh probe into the exchange’s alleged hack, rejecting the previous Delhi Police status report that concluded no criminal case could be made. Justice Sanjeev Narula issued the directive after Advocate Jaivir Bains filed a petition seeking a thorough […]

Bitcoin Drops $4K After Hitting New All-Time High

After several days of impressive gains and new record highs, Bitcoin (BTC) has retraced significantly, falling by over $4,000 in the past 12 hours. The leading cryptocurrency began its recent rally last weekend, bouncing off a low of $94,400 before breaking through the $100,000 mark on Thursday. Following a relatively quiet weekend around $101,500, BTC […]

Fed Rate Cut Sends Bitcoin to $104K as Crypto Market Reacts

The Federal Reserve is set to announce a 0.25 percentage point rate cut today, bringing rates to 4.25%-4.50%, marking the third reduction in 2024. This move, widely anticipated by markets, has triggered notable swings in crypto prices, with Bitcoin (BTC) falling to $104,000 after hitting $107,000 earlier this week. The CME FedWatch Tool reflects a […]

Trader Turns $6 into $87K as PENGU Token

A savvy trader has turned a mere $6 investment in PENGU tokens into a staggering $87,000 profit during the token’s launch frenzy. The incident occurred as users rushed to trade PENGU tokens following its official launch, unknowingly swapping into the trader’s liquidity pool at inflated prices. According to Arkham Intelligence, the trader strategically bought $6 […]