Bitcoin (BTC) has surged past the $100,000 mark again, driven by significant institutional purchases from U.S. Spot Bitcoin ETFs. The influx of nearly $1 billion over Friday and Monday has helped Bitcoin maintain its upward momentum. This robust buying trend suggests strong institutional confidence in the flagship cryptocurrency, even as
Ripple has intensified its U.S. hiring efforts, crediting a favorable shift in the crypto regulatory climate under President-elect Donald Trump. The company has doubled its U.S. hiring compared to 2023, expanding into larger offices in cities like San Francisco and New York. 2025 is here and the Trump bull market
Crypto.com has launched stock and exchange-traded fund (ETF) trading for users in the United States. The new feature is available in Pennsylvania, Ohio, Washington, and Arizona. The company announced this expansion on Thursday, January 2, 2025. US users, you can now add stocks and ETFs* to your portfolio! Available in
Donald Trump has chosen Bo Hines, a former college football player and Republican political candidate, to lead his newly created Crypto Council. Hines will take on the role of executive director for the Presidential Council of Advisers for Digital Assets, an initiative to support the growth of the cryptocurrency industry.
The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination. This decision effectively ends her tenure at the regulatory agency. Scheduled for December 18, the vote was called off due to a lack of legislative floor time, as confirmed by a Senate aide. 🚨BREAKING: A
The U.S. Treasury Department, in coordination with the UAE, has imposed sanctions on two Chinese nationals and a UAE-based company for their involvement in laundering millions in cryptocurrency for North Korea. This action underscores the U.S. commitment to countering financial networks that support North Korea’s illicit activities. The Treasury’s Office
The U.S. government is considering a groundbreaking move in the crypto space. Senator Cynthia Lummis has proposed that the United States acquire 1 million Bitcoins. That is roughly 5% of its total supply and it could be held as a strategic reserve for 20 years. If approved, this plan could
Roger Ver, known as “Bitcoin Jesus,” is challenging a U.S. tax evasion indictment. The U.S. Attorney for the Central District of California has accused Ver of dodging over $48 million in taxes. The charges stem from his 2017 sale of $240 million worth of Bitcoin. In response, Ver’s legal team
The U.S. Fifth Circuit Court of Appeals has ruled that the Treasury Department’s Office of Foreign Assets Control (OFAC) overstepped its authority in sanctioning immutable smart contracts of Tornado Cash. The court found these contracts, as self-executing open-source software, cannot be classified as property under the International Emergency Economic Powers
Charles Schwab Corp. is preparing to offer spot cryptocurrency trading once U.S. regulations become more favorable. In a recent interview, incoming CEO Rick Wurster shared that the financial services giant is closely watching the regulatory landscape and expects changes under the incoming administration. This shift is anticipated to make it
