In recent years, the regulatory environment for digital assets has been dominated by the Securities and Exchange Commission (SEC), often causing friction with various crypto proponents. This conventional dynamic is on the brink of transformation as the approaching Trump administration proposes a significant realignment of regulatory authority, aiming to bolster the powers of the Commodity
Crypto
With the tumultuous political landscape following Donald Trump’s election, the proposal to integrate Bitcoin into America’s economic framework has gained traction. This initiative, positioned as a strategic move akin to managing gold reserves, reflects a broader trend in which Bitcoin is not merely seen as a digital currency but as a vital asset that could
XRP, the native token of Ripple, has witnessed significant momentum recently, with its price climbing to $1.44, marking a robust 10% increase in a single day. This surge follows an earlier peak of $1.60 on November 23, signaling strong recovery after a brief market correction. With a current market capitalization exceeding $80 billion, XRP stands
The cryptocurrency market is notorious for its fluctuating nature, with assets often experiencing rapid gains and losses. Recently, this market has seen a sharp correction, affecting not just the giants like Bitcoin and Ethereum but also meme coins like Shiba Inu (SHIB). Currently trading around $0.00002472, SHIB has still managed a remarkable 46% increase over
In an astonishing turn of events, MicroStrategy’s stock (MSTR) witnessed a significant drop of approximately 35% from its record high of $535, achieved on November 21. By the following Tuesday, shares plummeted to as low as $340, although they managed a modest rebound to close the day at $353. According to the Kobeissi Letter, this
Pump.fun, a meme coin generator built on the Solana network, recently made headlines with its decision to indefinitely suspend the livestream functionality on its platform. This significant move comes in response to concerns surrounding the platform’s moderation abilities after it faced backlash for disturbing incidents that occurred during its livestream feature. The developers of Pump.fun
In recent weeks, the Base network has made significant strides in the competitive crypto market, demonstrating notable growth in its total value locked (TVL). According to data from L2Beat, the TVL of Base surged over 5% within the past week, surpassing the $10 billion mark for the first time. This achievement is particularly impressive given
Howard Lutnick, recently appointed as the Commerce Secretary by US President-elect Donald Trump, is poised to reshape the financial landscape surrounding cryptocurrency and digital assets. His ambitious initiative to establish a $2 billion lending project, underpinned by Bitcoin collateral, has generated considerable interest in the financial community. This plan not only signifies a growing trust
In a bid to bolster its standing in the cryptocurrency market, Binance, the preeminent digital asset exchange platform, has officially introduced new monthly options trading for prominent cryptocurrencies, namely Solana (SOL) and Binance Coin (BNB). Launching on November 26, these European-style options are designed to offer traders the ability to speculate on the future value
The cryptocurrency landscape is notoriously volatile, but recent weeks have brought a surge in optimism, particularly following the recent US elections. With Donald Trump’s victory, Bitcoin has found itself in a major upswing, skyrocketing from around $70,000 to an astonishing peak of almost $99,800. This remarkable ascent has ignited discussions about the future trajectory of
