Tag: News

US Crypto Space Relieved as SEC Rolls Back Sab 121

The U.S. Securities and Exchange Commission officially revoked its controversial crypto accounting guidance, which forced financial institutions to account for crypto assets as liabilities on their balance sheets. In an open statement on Thursday, 23 January 2025, the regulator referred to the passing of Staff Accounting Bulletin 122, which...
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Crypto ETFs Arrive In ASEAN: StashAway Pushes Crypto ETFs In Malaysia

On January 23, 2025, StashAway made a major announcement. The platform is adding Bitcoin (BTC) and Ethereum (ETH) for its user base in Malaysia to invest in, opening the door for people to invest in the two largest cryptocurrencies safely through a well-regulated platform. With Trump, the 47th US President, coming in...
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Ethereum Price Analysis: ETH Gains 3% Daily but Faces Critical Resistance

Ethereum is witnessing heightened buying activity near the 100-day moving average at $3.2K, fueling optimism for a bullish breakout. The asset appears poised to challenge the critical $3.5K resistance zone, a decisive level that could dictate its mid-term trajectory. Technical Analysis By Shayan The Daily Chart Ethereum has been...
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Cardano Price Analysis: ADA Nears Major Breakout Moment

Cardano remains in a consolidation phase within a triangle pattern, reflecting indecision in the market. A breakout from this structure is critical for determining the cryptocurrency’s next significant move. Technical Analysis By Shayan The Daily Chart ADA’s price has been consolidating inside a triangle pattern following a rejection at...
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Ledger Co-Founder’s Kidnapping Highlights Threat of Crypto Robberies

David Balland, co-founder of cryptocurrency wallet developer Ledger, was rescued in a police operation after being kidnapped in a ransom attack in France, according to reports, putting an end to days of swirling rumors. Paris Prosecutor Laure Beccuau said that Ballard and his wife were kidnapped on early Tuesday...
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Coinbase CEO Brian Armstrong Says Bitcoin Is ‘A Better Form Of Money’

Coinbase (NASDAQ:COIN) co-founder and CEO Brian Armstrong said Bitcoin (CRYPTO: BTC) is “a better form of money,” advocating for its inclusion in government reserves. What Happened: Armstrong on Thursday on X argued that Bitcoin’s ~$2 trillion market cap—roughly 11% of gold’s ~$18 trillion market cap—positions it as a superior...
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MicroStrategy Devotee Semler Scientific Doubles Down On Bitcoin Buys

Semler Scientific Inc (NASDAQ:SMLR), a medical technology company, has announced a significant move into the cryptocurrency space with its latest convertible notes offering and plans to acquire Bitcoin (CRYPTO: BTC). What Happened: On Jan. 24, Semler Scientific priced an upsized offering of $85 million in 4.25% convertible senior notes...
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