Bitcoin Surges to New High Ahead of Trump Inauguration
The price of Bitcoin (BTC) surged by over 6% in minutes, reaching a new all-time high of $109,036 ahead of Donald Trump’s inauguration as the 47th President of the United States. Trump’s Inauguration Fuels Market Optimism Bitcoin’s surge comes just hours before Donald Trump’s inauguration, scheduled for 4:00 pm UTC. Trump’s Nov. 6 presidential victory […]
Crypto.com Secures MiCA License for EU Operations
In a landmark move, Crypto.com has become the first major global crypto exchange to secure an in-principle Markets in Crypto-Assets (MiCA) license, allowing it to operate within the European Union’s evolving regulatory framework for digital assets. A Step Toward Regulatory Clarity Eric Anziani, President and COO of Crypto.com, emphasized the significance of this achievement: “We […]
Ripple CTO David Schwartz Reflects on Gary Gensler’s Departure
Ripple’s Chief Technology Officer, David Schwartz, recently took to X (formerly Twitter) to discuss the departure of Gary Gensler as chairman of the U.S. Securities and Exchange Commission (SEC). In a series of tweets, Schwartz touched on the significance of Gensler’s resignation and urged the crypto community to adopt a more united and positive stance. […]
Ethereum’s Pectra Upgrade Set for March
Ethereum developers are preparing for the launch of Pectra, a significant network upgrade scheduled for March 2025. This milestone aims to enhance Ethereum’s scalability, efficiency, and user experience through multiple Ethereum Improvement Proposals (EIPs). Preparations Underway The upgrade process involves rigorous testing and updates on the Sepolia and Holesky test networks, slated for February. According […]
Pump.fun Faces Class Action Over PNUT Token
One of the most prominent crypto projects of 2024, Pump.fun, is now under legal scrutiny. A class action lawsuit, filed in the Southern District of New York, alleges that the platform violated securities laws with the sale of its popular meme coin Peanut the Squirrel (PNUT). While the plaintiff, Kendall Carnahan, claims to have lost […]
Coinbase Launches Bitcoin-Backed Loans
In an effort to bridge traditional finance and decentralized finance (DeFi), Coinbase has unveiled a new loan service allowing users to borrow up to $100,000 in USD Coin (USDC) by pledging Bitcoin (BTC) as collateral. The service, powered by the Morpho Protocol on Coinbase’s Ethereum Layer 2 network, Base, is currently available to U.S. customers, […]
Ethereum Faces Whale Exodus Amid 2025 Challenges
2025 hasn’t kicked off well for Ethereum (ETH), the second-largest cryptocurrency by market cap. ETH continues to trade below its yearly open, while recent on-chain movements suggest that crypto whales are losing confidence in its potential for outsized returns. Whales Show Signs of Fatigue In contrast to other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), […]
Court Orders SEC to Explain Crypto Stance
The U.S. Court of Appeal for the Third Circuit has delivered a significant ruling in the ongoing debate over cryptocurrency regulations. On January 13, the court ordered the Securities and Exchange Commission (SEC) to provide a detailed explanation for its refusal to address a petition by Coinbase, which called for clear crypto-specific regulations. This ruling […]
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