Senator Lummis pushes forward crypto plans after Trump victory: Law Decoded
California revokes BlockFi’s license amid bankruptcy, Caroline Ellison is sentenced, Crypto.com faces scrutiny in Poland, and Senator Cynthia Lummis supports Trump’s Bitcoin reserve proposal.
Bitcoin hits new $85K high, with just 17% left for BTC $100K record
Bitcoin’s price is now just 17% away from surpassing the $100,000 mark, which could occur before the end of 2024 due to Trump’s presidential victory, analysts told Cointelegraph.
Bitcoin on track for $85K, breaks record $82.4K ‘uncharted territory’
Increasingly more analysts expect Bitcoin to breach the $100,000 mark before the end of 2024 as investor appetite was bolstered by Trump’s presidential victory.
Crypto inflows hit $1.98B amid post-election momentum
The latest weekly crypto inflows of nearly $2 billion mark the fifth consecutive weekly inflows totaling $7.7 billion, or 24% of the total $31.3 billion inflows year-to-date.
Bitcoin could be one upgrade away from overtaking Ethereum DeFi
A long-dormant string of code called OP_CAT could be the secret to unlocking the true potential of Bitcoin for DeFi and see it surge past Ethereum DeFi in the future.
DWF Labs partners with UCLA for tokenized securities education
The RWA sector could see a more than 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s biggest consulting firms.
Infinex to list top 500 crypto assets, v2 coming early 2025
At Near’s Redacted conference in Bangkok, Thailand, Infinex founder Kain Warwick told Cointelegraph that Infinex v2 will improve the speed of integrations in the DeFi platform.
Alameda Research files $90M ‘aggressive’ lawsuit against Waves founder
FTX and Alameda’s “aggressive legal strategy” highlights the complexity of their financial issues after suing over 20 entities for funds, according to blockchain experts.
FTX bankruptcy estate files $1.8B lawsuit against Binance, CZ
The FTX estate argued that Sam Bankman-Fried’s $1.75 billion repurchase deal with Binance in July 2021 was a fraudulent transfer because of FTX’s insolvency.
Ex-Pimco, Millennium execs set up crypto advisory business
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are returning to crypto by launching a dedicated advisory firm.
What are inflows and outflows on crypto exchanges?
Inflows indicate cryptocurrency entering an exchange, reflecting demand, while outflows show funds leaving, signaling selling pressure or profit-taking.
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