December 2024

Trump Nominates Paul Atkins

Trump Nominates Paul Atkins for SEC Chair

President-elect Donald Trump announced Wednesday on Truth Social that Paul Atkins, a former commissioner at the Securities and Exchange Commission (SEC), is his choice to lead the regulatory agency. Atkins, known for his crypto-friendly stance, will succeed Gary Gensler as SEC Chair, pending Senate confirmation. “Paul is a proven leader for common sense regulations,” Trump […]

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Coinbase adds Giga

Coinbase Adds GIGA and TURBO to Meme Coin Lineup

Coinbase continues to embrace meme coins, announcing Wednesday that it plans to support trading for Gigachad (GIGA) and Turbo (TURBO). The tokens were added to the exchange’s listing roadmap, triggering significant price surges shortly after the announcement. Gigachad’s price soared 37%, while Turbo saw a 15% jump within an hour, following a tweet from the

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Bitcoin Exchange Reserves Hit Multi-Year Lows

Bitcoin exchange reserves have fallen to their lowest levels in years, signaling a growing preference among investors to hold the cryptocurrency for the long term. Data from CryptoQuant reveals that over 171,000 Bitcoin have been withdrawn from major exchanges since Donald Trump’s U.S. presidential election win on November 5. This trend reduces Bitcoin’s liquid supply

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Crypto Adoption booms in Bolvia

Crypto Adoption Booms in Bolivia

Bolivia, one of Latin America’s smaller economies, is witnessing a significant surge in cryptocurrency adoption. The Central Bank of Bolivia reported a 112% increase in digital asset purchase and sale operations following the lifting of a blanket ban that previously prohibited banks and payment institutions from facilitating crypto transactions. In a press release dated November

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Bitcoin Plunges

Bitcoin Plunges Amid South Korea’s Martial Law

Bitcoin experienced a sharp decline on Upbit, South Korea’s largest cryptocurrency exchange, on Tuesday as President Yoon Suk Yeol declared martial law in response to what he described as “anti-state behavior” by the country’s main opposition party. The announcement, made during a late-night televised address, led to heightened market volatility and disruptions across South Korea’s

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Coinbase CEO cuts ties

Coinbase CEO Cuts Ties Over SEC Hiring

Coinbase CEO Brian Armstrong has made a bold move, announcing that the cryptocurrency exchange has cut ties with law firms employing former U.S. Securities and Exchange Commission (SEC) officials. Armstrong accuses these individuals of orchestrating a campaign to “unlawfully kill” the crypto industry. In a statement on X (formerly Twitter) on Monday, Armstrong clarified Coinbase’s

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