Tag: Doge

Bitcoin, Ethereum Rise, Dogecoin Dips Amid Pro-Crypo Announcements From Trump: Top Trader Sets Sight On $500,000 BTC Target, $20,000 For ETH

Leading coins rose marginally on a day of cryptocurrency-friendly policies announced by the Donald Trump administration. Cryptocurrency Gains +/- Price (Recorded at 8:15 p.m. ET) Bitcoin (CRYPTO: BTC) +0.41% $103,569.49 Ethereum (CRYPTO: ETH)                +1.62% $3,299.95 Dogecoin (CRYPTO: DOGE)           -3.09% $0.3484 What Happened: Bitcoin recorded choppy momentum over the last...
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SEC Repeals SAB 121 Policy That Restricted Banks From Providing Custody Services For Bitcoin: Crypto Mom Says ‘Bye, Bye’

The Securities and Exchange Commission on Thursday repealed a cryptocurrency accounting directive that prevented banking institutions from providing custodial services for digital assets. What happened: SEC commissioner Hester Peirce, who leads the recently formed cryptocurrency task force, announced the cancellation of the Staff Accounting Bulletin No. 121 policy, also...
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Solana Will Topple NYSE And NASDAQ, Predicts Investment Firm

An ambitious new investment thesis from crypto-focused venture firm Multicoin Capital claims that Solana—currently a dominant $100 billion blockchain ecosystem—could eventually “outperform the major traditional finance (TradFi) players,” including NYSE, NASDAQ, and CME. The 17-minute read, published by Multicoin Capital Co-Founder Kyle Samani and titled “The Solana Thesis: Internet...
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Harry Jung Appointed to Guide CFTC’s Crypto and Digital Asset Strategy

In a leadership shakeup at the Commodity Futures Trading Commission (CFTC), Acting Chair Caroline Pham appointed Harry Jung as Acting Chief of Staff on Wednesday. Jung, who previously served as Pham’s Counselor and Senior Policy Advisor, will lead the agency’s crypto and digital assets engagement and will build on...
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SEC Withdraws Controversial Crypto Tax Accounting Bulletin

The U.S. Securities and Exchange Commission published a new Staff Accounting Bulletin Thursday withdrawing its controversial SAB 121. SAB 121 directed banks and other public companies that they had to mark any customers’ crypto assets on their own balance sheets. SAB 122 “rescinds the interpretive guidance” and instead directs...
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Crypto IPO Boom On The Horizon, Says NYSE Listings Chief

The US initial public offering (IPO) market is anticipating a substantial recovery in 2025, with a noticeable emphasis on listings pertaining to crypto, as the global economy continues to change. Favorable legislative reforms and increased institutional interest in digital assets are expected to fuel a boom in initial public...
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