SEC cancels controversial crypto accounting rules
The SEC published a new Staff Accounting Bulletin revoking SAB 121, rules that governed how financial firms should hold crypto criticized by the industry.
Posts published on January 23, 2025 go to media archive 1/4
Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst
After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open…
Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission
Elizabeth Warren proposes Elon Musk pay more taxes for gov’t efficiency
Senator Elizabeth Warren urged DOGE Chair Elon Musk to cut wasteful spending, proposing full IRS funding and closing the carried interest loophole.
Bitcoin drops after Trump signs crypto and ‘national digital asset stockpile’ executive order
Bitcoin price fell after US President Donald Trump signed an executive order creating a working body for researching and designing a “national digital asset stockpile.”
Chinese traders made millions from TRUMP, Coinbase in Philippines? Asia Express
Top Chinese crypto traders earn millions on TRUMP, Coinbase may expand to Philippines, what on Earth is Bimcoin? Asia Express.
Vitalik Buterin takes aim at ‘unlimited political bribery’ using tokens
The Ethereum co-founder warned against crypto projects offering “sugar-high short-term fun” rather than those used to build wealth.
President Trump Signs Executive Order To Ban Central Bank Digital Currencies (CBDC)
Today, U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central…
Solana Outshines Ethereum, Achieving Over 5 Billion DEX Transactions in the Last 3 Months
Morgan Stanley to explore crypto offerings for clients — CEO
The financial services giant is also considering adding crypto to its trading platform, E-Trade, due to a change in regulatory climate.
Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve
President Donald Trump has signed a Executive Order titled “Strengthening American Leadership in Digital Financial Technology.” The directive lays out a bold vision for bolstering the United States’ position in the global digital asset economy—mos
Donald Trump Signs Executive Order to Evaluate Strategic National Digital Assets Stockpile
President Donald Trump signed an executive order to establish the Presidential Working Group on Digital Asset Markets on Thursday, according to reporting by Fox Business, opening the door to a potential “strategic national digital asset stockpile.”…
Trump signs executive order for crypto working group, prohibiting CBDC
The working group established under the EO will explore federal regulations for stablecoins and a national digital asset stockpile.
Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?
Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving…
Phemex Hacked: Over $29 Million Stolen Across Multiple Blockchains
Blockchain security firm Cyvers said its systems detected multiple suspicious transactions involving Phemex’s hot wallets across several chains. Cyvers estimated that digital assets worth more than $29 million were transferred by suspicious…
BlackRock CEO wants SEC to ‘rapidly approve’ tokenization of bonds, stocks: What it means for crypto
BlackRock CEO Larry Fink said he’s “a huge believer in crypto” and urged the SEC to “rapidly approve” asset tokenization. Is this a net positive for the crypto sector?
Blockstream launches two Bitcoin investment funds
Institutional demand for high-yield Bitcoin funds is growing following the successful launch of BTC ETFs.
Trump promises to make US ’world capital’ of AI, crypto at Davos
The virtual speech to the World Economic Forum reiterated Donald Trump’s pledge to an audience at a July 2024 Bitcoin conference.
Bitcoin Liquidity Blocks Tell A Story: Here’s Why $96,000-$111,000 Is Most Important
Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass, this decline has seen $65.47 million worth of positions…
John McAfee’s widow launches memecoin, but some suspect a scam
Janice McAfee and Vine co-founder Rus Yusupov are the latest to ride in the memecoin wave, raising scam fears.
Taiwan to Unveil Draft Bill Allowing Banks to Issue Stablecoins
The Taiwanese financial regulator plans to unveil a draft bill for virtual asset service providers (VASPs) in June, which includes a proposal allowing banks to issue stablecoins. Joint Management of Stablecoins The Taiwanese Financial Supervisory…
Cardano Foundation research shows ‘fundamental shift’ in blockchain use
The majority of projects involved the authenticity vertical, establishing confirmed identity and legitimacy through secure verification.
Bitcoin chart shows ‘diamond pattern’ with $96K target — What will kick off the downside?
Bitcoin shows strength due to traders’ hope of a crypto-related executive order from Pres. Trump, but analysts warn that a dip below $101,000 could kick off a $1.3 billion long liquidation.
Senator Lummis chosen to chair Senate Subcommittee on Digital Assets
The Wyoming senator introduced the Strategic Bitcoin Reserve Act to the US Senate in July 2024, following the Bitcoin 2024 conference.
Dogecoin ETFs Will Skyrocket Price To $15, Forecasts Analyst
Following Bitwise’s and Rex Shares’ recent application for spot Dogecoin ETFs in the United States, crypto analyst Ali Martinez has provided a technical outlook suggesting Dogecoin (DOGE) could ascend to $15. His analysis, detailed in a logarithmic…
Bitcoiners donated $270K to fund Ross Ulbricht’s ‘personal expenses‘
The Silk Road founder’s financial status was unclear, but many crypto users have donated to his ”transition into his new life” since he received a presidential pardon.
Ross Is Free, But This Is Far From Over
Ross is now free. I predict this will be the one good thing to come out of this administration in the grand scheme of things. The reasons behind this pardon were purely political, but regardless of that I am incredibly happy to see Ross reunited…
Warren Buffett’s Berkshire Hathaway Increases Holdings in Brazilian Digital Bank Nubank
Berkshire Hathaway has invested millions of dollars in Nubank, a Brazilian digital bank with its own crypto platform. Berkshire Shares in Nubank Rises to 0.4% Berkshire Hathaway’s stake in Nubank rose from 0.1% in Q4 2022 to 0.4% in Q3 2024…
Real estate firm Fathom can now add Bitcoin to its balance sheet
The Nasdaq-listed company called Bitcoin a “hedge against inflation and a safeguard against currency risks.”
Binance Labs rebrands, dives into AI as CZ returns as mentor
Former Binance CEO Changpeng Zhao will actively coach and mentor startups within the incubator.