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 […]
EU Lawmaker Calls for Strategic Bitcoin Reserve
Sarah Knafo, a European Parliament member and French magistrate, has called on the European Union to establish a strategic Bitcoin reserve while opposing the rollout of the digital euro, the European Central Bank’s (ECB) proposed central bank digital currency (CBDC). In a passionate speech delivered before the European Parliament, Knafo emphasized the need to shift […]
Binance Faces Legal Action Over PNUT Memecoin
Crypto exchange Binance is under fire after receiving a cease and desist letter from Mark Longo, owner of the internet-famous Peanut the Squirrel, for alleged copyright infringement. Following the news, the Solana-based memecoin PNUT saw a sharp decline, falling 10.2% to hit $1.05, its lowest support level in over a month. Longo, known as “Peanut’s […]
Bitcoin Hits $106K: Analysts Target $125K
Bitcoin (BTC) reached a fresh milestone today, briefly exceeding $106,000 and setting a new record before settling near $104,738. Market optimism, fueled by seasonal trends, U.S. policy expectations, and institutional investments, continues to drive BTC’s upward momentum. Traders now anticipate BTC could climb further, with a key target set at $120,000 in the short term. […]
Riot Platforms Expands Bitcoin Holdings with $510M Purchase
Bitcoin [BTC] has dominated headlines in 2024, marking a historic year with the approval of BTC ETFs in the U.S. and international markets. This regulatory breakthrough has paved the way for institutional investors, driving crypto product inflows to over $35 billion since January. This surge underscores Bitcoin’s growing appeal as a dominant financial asset. Riot […]
OnChain Heroes NFT Surges 13x, Ignites GameFi Rally
The GameFi sector continues its hot streak as OnChain Heroes, a new idle RPG developed by pseudonymous creator SkarlyWarly, sees its genesis NFT collection surge over 13x from its mint price within a single day. The collection of 1,000 ring NFTs minted at 0.2 ETH per NFT and quickly climbed to 0.7 ETH on the […]
Billionaire Says: Own Some Bitcoin
Billionaire and Interactive Brokers Group founder Thomas Peterffy has encouraged investors to acquire Bitcoin while advising caution due to its inherent volatility. Speaking in a Bloomberg interview on Wednesday, Peterffy recommended allocating a modest portion of one’s net worth to the leading cryptocurrency. “I would recommend that people put maybe 2% to 3% of their […]
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