Key Takeaways The SEC has formed a Crypto Task Force under Commissioner Hester Peirce to establish proactive regulation and clear legal standards. The initiative aims to support innovation while addressing industry confusion over previously enforcement-focused approaches. Share this article The SEC has established a Crypto Task Force under the leadership of Commissioner Hester Peirce, with…
Key Takeaways MicroStrategy shareholders approved the increase in authorized shares to fund Bitcoin acquisitions. The company now holds over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. Share this article MicroStrategy shareholders approved an increase in authorized Class A common shares from 330 million to 10.3…
Este artículo también está disponible en español. XRP is currently trading around the $3.10 level after a weekend marked by significant volatility and a lackluster market response to President Donald Trump’s inauguration day. Hopes had been high among crypto investors that the new U.S. President would highlight pro-crypto policies in his opening speech. However, the…
Key Takeaways Dogecoin’s value increased 14% following the launch of a government website featuring its logo. The Department of Government Efficiency aims to improve federal spending efficiency without legislative changes. Share this article Dogecoin (DOGE) surged approximately 14%, climbing from $0.34 to $0.39 minutes after the Department of Government Efficiency, led by Elon Musk, dropped…
Key Takeaways MicroStrategy’s Bitcoin holdings surge to 461,000 BTC, now valued at $48 billion, following a new acquisition. The firm funded its latest Bitcoin purchase through stock sales. Share this article MicroStrategy said Tuesday it had acquired 11,000 Bitcoin worth $1.1 billion between January 13 and 20, executing the purchase at an average price of…
The increasing popularity of XRP is generating a mix of reactions. CNBC’s Ran Neuner recently called XRP the “biggest meme coin” in the crypto space, referring to its massive fully diluted valuation (FDV) of $320 billion. Related Reading He opined that though it’s currently touted as one of the most popular utilities, its market dynamics…
Key Takeaways World Liberty Financial acquired over $70 million in crypto assets, boosting its portfolio to $325 million. The platform sold 20% of its token supply and opened an additional block of 5% at $0.05 following high demand. Share this article World Liberty Financial, backed by President-elect Donald Trump, acquired over $70 million in crypto…
Este artículo también está disponible en español. As the new crypto-friendly administration takes office, crypto investors expect a likely volatile market. However, some analyst shared their bullish predictions as Bitcoin (BTC) hit its latest all-time high (ATH) of $109,000. Related Reading Bitcoin Hits New ATH On Inauguration Day Last week, Bitcoin surged past the $100,000…
Key Takeaways Elon Musk anticipates a presidential pardon for Ross Ulbricht by Donald Trump. Trump has appointed pro-crypto officials to lead key financial regulation agencies. Share this article Elon Musk said Ross Ulbricht, the founder of the Silk Road marketplace, will receive a presidential pardon from Donald Trump. The Tesla CEO stated “Ross will be…
Este artículo también está disponible en español. Ethereum price remained below the $3,500 resistance while Bitcoin rallied. ETH is consolidating above $3,120 and facing many hurdles. Ethereum failed to gain pace for a close above $3,450 and corrected gains. The price is trading below $3,300 and the 100-hourly Simple Moving Average. There is a short-term…
