Bitcoin (BTC) Stable at $105K, Avalanche (AVAX) Gains 6% Daily (Weekend Watch)
Bitcoin’s price movements over the weekend have been quite underwhelming, but the asset has remained stable at around $105,000. The altcoins are with minor gains on a daily scale but the weekend charts show a different picture for many of them. BTC Holds Steady at $105K The largest cryptocurrency went through a spectacular ride at…
Read MoreFake Ross Ulbricht Accounts Used in New Malware Campaign
Ross Ulbricht, the controversial creator of the Silk Road, has long been at the heart of debates about the intersection of technology and criminal activity. Following a full pardon from US President Donald Trump, a new wave of cybercrime has emerged, leveraging news of Ulbricht’s case to deliver malware to unsuspecting targets. Exploiting the news…
Read MoreBitcoin Stockpile Promises Questioned Amid Trump’s Digital Finance Agenda
US President Donald Trump has issued an executive order establishing the Presidential working group on digital asset markets. The move signals progress on some key commitments, such as halting federal efforts toward CBDCs and granting high-profile pardons. However, certain elements, like the promised creation of a “strategic national Bitcoin stockpile,” remain notably absent or vague,…
Read MoreBinance Founder Changpeng Zhao: US Bitcoin Reserve 'Pretty Much Confirmed'
Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national reserve” is only one of Lummis’ promises for blockchain. But markets are thrilling with bullish activity on that prospect alone.…
Read MoreBetter Markets Files Amicus Brief Backing SEC in Ripple Case
Better Markets, a non-profit advocating for financial reform, has filed an Amicus brief supporting the U.S. Securities and Exchange Commission (SEC) in its ongoing legal battle with Ripple Labs. The organization argues that a prior decision by the District Court for the Southern District of New York undermines investor protections. Ripple’s Victory Under Scrutiny In…
Read MoreHarry 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 his experience at Citigroup and prior…
Read MoreBank of America CEO on When Banks Will Embrace Crypto for Payments
Bank of America CEO Brian Moynihan has shared his thoughts on the future of crypto in the banking sector. Speaking in an interview with CNBC at the World Economic Forum in Davos, Switzerland, on Tuesday, Moynihan stressed that the industry is ready to embrace crypto for transactions, but only if the regulatory landscape is well-defined.…
Read MoreJellyverse Launches Synthetics Protocol ‘jAssets’ on Sei
[PRESS RELEASE – Vaduz, Liechtenstein, January 21st, 2025] Jellyverse, a community-driven DeFi platform on the Sei network, today announced the upcoming launch of its synthetic assets protocol, jAssets. The fully decentralized jAssets protocol allows users to mint synthetic tokens that approximately track the value of traditional assets tied to real-world assets (RWA) like stocks, commodities,…
Read MoreRipple (XRP) Achieves a Major Adoption Milestone: Details
TL;DR Ripple (XRP) has surged 500% in less than three months, with the number of wallets surpassing 6 million and ecosystem activity increasing. Analysts foresee the asset reaching new highs, with targets between $4.40 and $6, despite recent dips linked to broader market corrections after Trump’s inauguration. XRP’s Progress Despite its plunge on a daily…
Read More'Where Are My Coins?' – Coinbase Users Fume Over Solana Withdrawal Issues
Crypto social media has been flooded by enraged Coinbase users who cannot withdraw their Solana (SOL) tokens, sparking rumors of insolvency. “What’s the drama with Coinbase and Solana?” crypto YouTuber ‘Wendy O’ asked her 412,000 followers on X on Jan. 21. Meanwhile, crypto investor ‘Curb’ asked Coinbase CEO Brian Armstrong, “After dealing with insolvency last…
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