Bitcoin News and Finance: What You Need to Know

Ripple’s CEO predicts a seismic shift in U.S. cryptocurrency, citing potential reduced SEC oversight under Trump and surging market growth, including the recent $800 billion market unlock. Crypto in US Enters New Era: Ripple CEO Highlights XRP’s Market Resurgence Ripple CEO Brad Garlinghouse has voiced optimism about the future of cryptocurrency in the U.S., describing […]

A former SEC enforcement chief has called for Chair Gary Gensler to resign and end crypto enforcement, citing Trump’s victory and stating: “the people have spoken.” Former SEC Enforcement Chief Wants Gary Gensler Step Down and Crypto Cases End Former chief of the U.S. Securities and Exchange Commission (SEC) Office of Internet Enforcement, John Reed […]

Nigeria’s proposed Investments and Securities Bill, which proposes jail terms for Ponzi scheme operators, has been welcomed by crypto industry players who hope this will help clean up the sector’s reputation. 10-Year Jail Terms Proposed for Ponzi Operators Some members of Nigeria’s digital asset industry have hailed a draft bill proposing hefty fines and jail […]

Over the past 14 days since Nov. 2, an eye-popping $9.736 billion has flowed into the stablecoin economy, adding to the $555 million boost recorded in October. Near Record Highs: Stablecoin Economy Grows Stablecoins have cemented their role as a powerhouse in the crypto world, holding immense value and influence. Over the last two weeks, […]

U.S. President-elect Donald Trump has appointed former SEC Chair Jay Clayton to a key role, drawing attention to his crypto regulatory legacy and enforcement record. Former SEC Chair Steps Into a Role That Could Redefine Legal Power U.S. President-elect Donald Trump has announced the nomination of former U.S. Securities and Exchange Commission (SEC) Chair Jay […]

The DOJ has sentenced the operator of Helix, a cryptocurrency mixer, to prison and ordered the forfeiture of over $400 million in assets tied to money laundering. DOJ Ends Helix’s Reign: Operator Sentenced The U.S. Department of Justice (DOJ) announced Friday that Larry Dean Harmon, 41, of Akron, Ohio, was sentenced to three years in […]

The substantial increase in Goldman Sachs’ bitcoin ETF holdings demonstrates the growing interest of institutional investors in bitcoin. Institutional Investments in Bitcoin Keeps Rising The U.S. Securities and Exchange Commission’s (SEC) 13F report for Q3 ending Sept. 30 revealed that Goldman Sachs now owns $710 million in cryptocurrency assets. The 13F report is a mandatory […]

Solidion Technology follows other institutional investors such as Microstrategy by purchasing bitcoin with a plan for future acquisitions. Strategic Bitcoin Allocation for Solidion Treasury Solidion Technology, a provider of advanced battery materials, announced on Thursday that it had invested a portion of its excess cash reserves in bitcoin. This strategic move aligns with the company’s […]

Former SEC chairman predicts Trump’s administration could drive crypto-friendly legislation, easing regulatory constraints and fostering innovation within the digital asset industry. SEC Shake-Up: Could Trump’s Team Transform Crypto Legislation? Ex-SEC Chief Weighs In Jay Clayton, former chairman of the U.S. Securities and Exchange Commission (SEC), said on Wednesday that cryptocurrency legislation is likely to emerge […]

Skybridge Capital’s founder predicts bitcoin could reach $150,000 with eased regulations, noting that the Trump administration’s approach could help depoliticize crypto policy. Can Depoliticized US Policy Finally Push Bitcoin to $150,000? Skybridge Capital founder Anthony Scaramucci shared insights into potential U.S. policy changes affecting bitcoin and cryptocurrency in an interview with Saxo. As an investor […]

SEC Chair Gary Gensler’s reflection on his tenure has fueled speculation he may step down before Trump’s administration can move to replace him. ‘It’s Been a Great Honor to Serve…’ U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated the agency’s focus on enforcing compliance within cryptocurrency markets on Thursday in a speech at […]

The DOJ has sentenced the Bitfinex hacker to prison for laundering 120,000 stolen bitcoins from the 2016 hack, using sophisticated methods to hide the theft. DOJ Secures Prison Sentence for Bitfinex Hacker The U.S. Department of Justice (DOJ) announced Thursday that Ilya Lichtenstein has been sentenced to prison for his role in a major cryptocurrency […]

Bitwise’s Matt Hougan predicts $500,000 as bitcoin’s maturity threshold, with $1 million “absolutely” possible as BTC rises to compete with gold. Bitwise’s $500K Target for Bitcoin — Why $1M ‘Absolutely’ Could Follow Matt Hougan, chief investment officer at Bitwise Asset Management, shared his perspective on bitcoin‘s trajectory in a blog post on Tuesday, arguing that […]

President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead DOGE, tasked with dismantling bureaucracy, slashing regulations, and restructuring federal agencies. Trump Appoints Elon Musk and Vivek Ramaswamy to Overhaul Federal Bureaucracy U.S. President-elect Donald Trump issued a statement on Tuesday regarding his ambitious plans to streamline federal bureaucracy, announcing that Elon Musk […]

The FBI reportedly raided the Manhattan apartment of Shayne Coplan, CEO of betting platform Polymarket, early Wednesday. The raid followed Polymarket’s accurate prediction of Donald Trump’s 2024 presidential victory, a result that contrasted with traditional polls. FBI agents seized Coplan’s phone and electronic devices, though he was not arrested or charged. A source close to […]

China-Russia cooperation is helping to stabilize the region and avert a global crisis, according to Zhang Hong, a research fellow at the Chinese Academy of Social Sciences. Zhang emphasized that as permanent members of the UN Security Council, China and Russia are working together to uphold global peace and security through strong mutual trust and […]

Robert Kiyosaki shares the price level at which he will stop buying bitcoin, emphasizing discipline over greed as the market heats up. When to Stop Buying Bitcoin — Robert Kiyosaki Shares His Price Threshold Robert Kiyosaki, author of the financial classic Rich Dad Poor Dad, has shared his guidance on investing in bitcoin, including advice […]

Bernstein analysts foresee a crypto bull market fueled by Trump’s pro-bitcoin stance, urging investors to seize this opportunity for gains, with a $200K bitcoin target by 2025. Bernstein Calls for Aggressive Crypto Investment Amid Pro-Bitcoin Policies Leading research and brokerage firm Bernstein, with analysts led by Gautam Chhugani, has issued a strong recommendation for cryptocurrency […]

Blackrock’s spot bitcoin exchange-traded fund (ETF), the Ishares Bitcoin Trust (IBIT), launched in January, has now surpassed the Ishares Gold Trust (IAU) in assets under management (AUM). According to Factset, IBIT reached approximately $34.3 billion on Friday, overtaking IAU’s nearly $33 billion. This milestone follows President-elect Donald Trump’s victory, with Trump openly supporting cryptocurrency during […]

Singapore-based cloud mining service Bitfufu has obtained a $100 million credit line from Antpool Technologies, intended to reinforce its bitcoin holdings. Antpool Backs Bitfufu With $100 Million Credit Agreement In a move reflecting Bitfufu‘s ambitious growth goals, the cryptocurrency mining company entered into a two-year Master Loan Agreement (MLA) with Antpool Technologies. Under this arrangement, […]

A new study shows a slump in the non-fungible token market, with low trading activity and steep price drops hinting at potential market oversaturation. Demand and Supply Mismatch A study finds that 98% of non-fungible token (NFT) drops in 2024 have seen no trading activity since September, with 64% having fewer than 10 mints. This […]

A market rally for crypto and stocks shows potential benefits for significant economic gains under Trump’s presidency. Pro-Crypto Policies to Deliver Huge Benefits to US Economy Markets have continued to react to Trump’s re-election with bitcoin hitting an all-time high on Tuesday. In addition, a Quartz study revealed that following Trump’s victory, shares of JPMorgan […]

A landmark sentencing has closed the chapter on Bitcoin Fog, the longest-running bitcoin mixing service on the darknet, with its operator facing over a decade in prison. The Fall of Bitcoin Fog: DOJ’s Pursuit Unmasks a Decade-Long Darknet Operation The U.S. Department of Justice (DOJ) announced Friday that Roman Sterlingov has been sentenced to prison […]

A proposed BRICS digital asset platform could ignite unprecedented investment in South Asia, Africa, and Latin America, driving growth in emerging markets. Digital Assets at the Core of BRICS’ Ambitious New Investment Platform Russian President Vladimir Putin discussed the proposed creation of a BRICS investment platform to support developing markets at the Valdai Discussion Club’s […]

Elon Musk is coordinating to import Argentine President Milei’s chainsaw model to the U.S. Milei recently stated that his Minister of De-Regulation and State Transformation, Federico Sturzenegger, had coordinated with Musk to replicate Argentina’s model. Elon Musk Would Import Milei’s Chainsaw Model to the U.S. Experts from all over the world are examining the actions […]

As of press time, the crypto economy is sitting at a hefty $2.69 trillion, with the digital currency market posting substantial gains this week. Over the weekend, the total value locked (TVL) in decentralized finance (defi) climbed past the $100 billion mark. Defi TVL Crosses the $100B Mark Reaching this benchmark took a while, but […]

Economist Peter Schiff has warned against the “Trump boom” optimism, calling out hidden economic risks and broken promises he sees on the horizon. Peter Schiff’s ‘Trump Boom’ Warning: The Key Trade and Broken Promises Economist and gold advocate Peter Schiff, chairman of precious metals dealer Schiffgold, sharply criticized President-elect Donald Trump’s economic approach on social […]

Robert Kiyosaki has revealed his bitcoin holdings and plans to buy more BTC over the next year, along with his investments in gold, silver, and real estate — assets he views as “real money” for building lasting wealth. Robert Kiyosaki Unveils Bitcoin Holdings, Shares His Approach to Gold, Silver, and BTC Robert Kiyosaki, the renowned […]

The American Securities Association is urging SEC Chair Gary Gensler to resign immediately, citing Trump’s election win as a mandate for a new direction focused on investor trust and economic growth. Pressure Mounts on SEC: ASA Calls for Gensler to Resign Immediately Following the results of the 2024 U.S. Election, the American Securities Association (ASA) […]

With Donald Trump now set to become the 47th U.S. president, Ross Ulbricht’s family took to social media on Nov. 7 to share a long-awaited update: “Ross will be coming home in January.” Throughout the 2024 election, Trump pledged to grant Ulbricht’s sentence commutation, promising his release on “day one.” After 11 Years in Prison, […]