Bitcoin (BTC) reached a new milestone, breaking $99.3K for the first time, with a 24-hour increase of 4.4%. Its market cap climbed to $1.96 trillion, representing 59.2% of the global crypto market cap, which surged to $3.31 trillion. Trading volume also jumped by 31.25% in the past day, totaling $103
President-elect Donald Trump is reportedly considering Teresa Goody Guillén, a seasoned securities attorney and blockchain expert, to chair the U.S. Securities and Exchange Commission (SEC). Goody Guillén, a partner at BakerHostetler and co-lead of its blockchain team, has significant experience in securities law and blockchain advocacy. A crypto lawyer running
Bitcoin bulls appear to have docked at $91K in the past day before moving forward. Other cryptocurrencies have also shown minimal growth over the last 24 hours. Subsequently, the crypto spotlight was taken by the regulatory landscape with new speculation on the next SEC chair. Notably, on that front, pro-crypto
The cryptocurrency market is all set to begin another week, and with a headstart, too. Bitcoin’s price has managed to hold above the $90K level, and thus, it might be expected to reach new highs if the bullish cycle is sustained. Meanwhile, Ethereum receded to the 3.1K range over the
Eighteen Republican-led states have filed a lawsuit against the Securities and Exchange Commission (SEC), accusing the agency of overstepping its authority in regulating the $3 trillion crypto industry. They argue that, as a result of the SEC’s enforcement tactics, their rights to manage economic policies are being infringed. Furthermore, the
The UK government is to unveil its plans for cryptocurrency regulation in response to the fast-evolving industry. Following the victory of Donald Trump in the US presidential election, hailed by the crypto space, the UK faces increased pressure to provide clarity and supportive regulations for digital assets. The UK Treasury
President-elect Donald Trump has nominated Florida Congressman Matt Gaetz as the next U.S. Attorney General. Known for his strong stance on justice reform and cryptocurrency advocacy, Gaetz has gained attention for his criticisms of the Department of Justice (DOJ) under the Biden administration. If confirmed, he is expected to focus
President-elect Donald Trump announced Tuesday that Elon Musk and Vivek Ramaswamy will co-lead the new Department of Government Efficiency (DOGE). Trump selected Musk, the CEO of Tesla and SpaceX. Along with Ramaswamy, a former Republican presidential candidate, to head an effort focused on dismantling bureaucracy, slashing regulations, and reducing waste
The crypto community has gone haphazard with excitement as Bitcoin has continued its rally to the dream high of $88,000. The overall cryptocurrency market cap is also inching closer to the $3 trillion mark. According to recent reports, BTC’s market cap has surpassed that of silver on a global level.
A change in leadership, especially a nationwide one can instigate a wave of changes. With new presidential terms incoming in the USA, its leading crypto regulator, the Securities and Exchanges Commission (SEC) is also expected to undergo a leadership change. This is in accordance with Donald Trump’s promise to fire
