Day: January 24, 2025

Ivanka Trump Denounces Fake Meme Coin

The meme coin mania sweeping the crypto world has now reached Ivanka Trump, daughter of President Donald Trump. A new token named IVANKA, claiming to have her official backing, has prompted her to issue a strong public statement condemning the project. Ivanka’s Statement: “I Have No Involvement” On social media, Ivanka Trump declared she has […]

SEC Crypto Actions Reshape Market in 2024

In 2024, the U.S. Securities and Exchange Commission (SEC) made significant strides in cryptocurrency regulation, signaling the sector’s growing sophistication and maturity. The agency filed 33 enforcement actions, a 30% decrease from the 47 cases in 2023, while penalties surged to a record $4.98 billion, driven by a landmark $4.55 billion settlement with Terraform Labs. […]

Banks Cleared to Custody Bitcoin After Rule Change

Michael Saylor, executive chairman of MicroStrategy, revealed that banks can now legally custody Bitcoin (BTC) following the repeal of the controversial SAB 121 rule. The rule, outlined in an earlier SEC accounting bulletin, required companies engaged in crypto custody to list digital assets as liabilities on their balance sheets. This mandate made it financially unfeasible […]

Trump Meme Coins Face Federal Scrutiny

Senator Elizabeth Warren and Representative Jake Auchincloss have called for a federal investigation into the TRUMP and MELANIA meme coins launched by President Donald Trump and First Lady Melania Trump. In a joint letter addressed to agencies including the SEC, CFTC, Treasury, and the US Office of Government Ethics, the lawmakers raised concerns about potential […]

Etherealize Launches to Pitch Ethereum to Wall Street

Etherealize, a new Ethereum marketing firm focused on institutional adoption, officially launched on Jan. 22, 2025. Backed by funding from the Ethereum Foundation and co-founder Vitalik Buterin, the company seeks to educate Wall Street about Ethereum and its native token, Ether (ETH). Anthony Sassano, host of The Daily Gwei and a prominent Ethereum educator, called […]

Ross Ulbricht Thanks Trump After Pardon, ROSS Token Dips

On Jan. 24, 2025, Ross Ulbricht broke his 11-year silence on social media following a full pardon by President Donald Trump. Ulbricht, the founder of the infamous Silk Road darknet marketplace, expressed gratitude for the second chance granted to him. In his post on X (formerly Twitter), Ulbricht thanked his supporters and Trump, who described […]