Trump Plans Crypto-Friendly Executive Orders In Early Days Of Presidency: Report
President-elect Donald Trump is reportedly preparing to issue executive orders aimed at fostering a more favorable environment for cryptocurrency firms. These actions are anticipated to occur shortly after he assumes office, marking a significant shift in the regulatory landscape for digital assets. What Happened: Trump intends to utilize executive powers to...
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Ethereum lags even as derivative traders bet big on ETH rally, is return to $4,500 likely?
Ethereum holds steady above $3,300, as crypto traders gear up for President-elect Donald Trump’s inauguration. Derivatives traders are bullish on Ethereum and open interest in Ether’s derivatives contracts crossed $30 billion, as of Friday....
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Crypto Firm DCG Settles With SEC For $38.5M Over Misleading Investors
Digital Currency Group (DCG), a prominent player in the cryptocurrency industry, on Friday agreed to settle with the U.S. Securities and Exchange Commission (SEC) for misleading investors. What Happened: DCG, founded by Barry Silbert, and its former executive, Soichiro “Michael” Moro, will collectively pay $38.5 million to the SEC. This settlement is to resolve...
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Polkadot Rollup, Hyperbridge, Extends Initial Relayer Offering After Selling Over 52 Million Tokens
[PRESS RELEASE – Zurich, Switzerland, January 17th, 2025] Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025 Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025. This decision comes...
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We Asked ChatGPT if Shiba Inu (SHIB) Can Become a Top 10 Cryptocurrency This Year
TL;DR Shiba Inu’s potential return to the top 10 hinges on expanding its ecosystem, like the continued progress of its L2 scaling solution, Shibarium. However, it faces growing competition from other meme coins. Dogecoin (DOGE), which seems poised for a good year due to Musk’s involvement in politics, remains...
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SEC Cracks Down On Digital Currency Group: $38 Million Civil Penalty For ‘Misleading Investors’
The US Securities and Exchange Commission (SEC) has initiated formal cease-and-desist proceedings against venture capital firm Digital Currency Group (DCG) due to its alleged negligent conduct in relation to a lending program offered by its subsidiary, Genesis Global Capital (GGC). This action arises from findings that Digital Currency Group...
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Bitcoin Open Interest Hits 350K BTC: Rising Levels Suggest Growing Market Activity
Bitcoin has made an impressive recovery, surging over 15% since Monday’s flash crash brought the price briefly to the $89,000 level. The rebound has reignited bullish momentum, with BTC now attempting to push above a key supply zone. Analysts believe that once BTC clears these levels, it could deliver...
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Crypto industry skeptical of memecoin promoted on Trump’s social media
Crypto industry participants are debating whether posts from Donald Trump’s social media account promoting a memecoin are genuine....
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Did Trump just drop $TRUMP meme coin on Solana? Token explodes to $8 billion market cap in less than three hours
The rapid rise of $TRUMP highlights the volatile nature of meme coins and raises concerns about security and legitimacy in digital finance. The post Did Trump just drop $TRUMP meme coin on Solana? Token explodes to $8 billion market cap in less than three hours appeared first on Crypto...
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Crypto Ball to Celebrate Trump’s Return Marks Hope for New Era of Policymaking
In tuxedos and finery, one of the most famously dressed-down industries celebrated Friday night with a “Crypto Ball” in Washington to welcome the incoming administration of President-elect Donald Trump, which the crowd of digital-assets insiders trusts will lift their sector into U.S. legitimacy. Big names in crypto, such as...
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