Crypto news

TL:DR; Enemy number one for Ripple and many other cryptocurrency projects in the US will be leaving in January. XRP already reacted with a massive surge after the news broke, but how high can it go? This is the answer from ChatGPT and Perplexity. Gensler Leaves, XRP Surges The current chair of the US Securities and Exchange Commission announced on Thursday evening the long-anticipated news that he will leave his position at the agency on January 20, 2025 – the day...

It’s been barely a few weeks since the pro-crypto candidate Donald Trump won the United States presidential elections, and the digital asset market still feels the impact of that victory. As the Trump administration prepares to take complete charge of affairs at the White House by January, crypto users anticipate what this could mean for the industry. According to a quarterly institution report by the digital asset exchange Bybit and the crypto research firm Blocks Scholes,...

Bitcoin tried and tried to break into a six-digit price territory but was stopped just inches below $100,000 and has been pushed south by around a grand. Its dominance over the alts has slumped in the past day, as many, such as DOGE, ADA, AVAX, and DOT, have charted double-digit surges. BTC Fails at $100K Bitcoin had a highly positive business week, which started with a price surge to over $90,000 on Monday. After a brief retracement, the bulls returned and helped BTC chart a...

Since the Trump Trade narrative ran its course in the crypto market, several digital assets, including Ethereum, have surged in value; however, while most coins have seen investors take profits, the same cannot be said for ETH. According to a CryptoQuant report by pseudonymous analyst Onatt, retail ETH investors appear to be holding their positions instead of taking profits, suggesting that many traders still see the cryptocurrency as undervalued. Retail ETH Investors Not...

South Korean investigators revealed that the 2019 Upbit cryptocurrency heist, which resulted in the theft of $50 million worth of ETH, was carried out by North Korean hacking groups Lazarus and Andariel, linked to the Reconnaissance General Bureau, which happens to be DPRK’s premiere intelligence organization. Upbit, one of South Korea’s leading crypto exchanges, first reported the attack exactly five years ago. During the incident, 342,000 ETH, worth around $147 per ether,...

A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional funds for its creditors. However, due to the anonymous nature of...

The Chairman of the US Securities and Exchange Commission, Gary Gensler, took to X to announce that he will be stepping down from his position on January 20th, 2025. Gensler published a thread on his account on X, confirming what many already suspected. He will step down from his position on January 20th – the day Donald Trump is to be inaugurated as the 47th President of the United States. “The SEC is a remarkable agency. The staff & the Commission are deeply...

[PRESS RELEASE – Abu Dhabi, UAE, November 21st, 2024] Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which integrates payments and accounting services offered at no charge for DAOs and onchain businesses. The innovative treasury...

[PRESS RELEASE – London, United Kingdom, November 21st, 2024] Ike is proud to announce the official launch of its Liquid Staking Token (LST), sA0, on Aleph Zero. This milestone provides the Aleph Zero community with a new way to engage with the network by offering staking flexibility without compromising on rewards. What Is sA0? sA0 is Ike’s native Liquid Staking Token, designed to enhance the staking experience on Aleph Zero. With sA0, users can stake their AZERO tokens to...

[PRESS RELEASE – Palo Alto, California, November 21st, 2024] Integration to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants. Aptos Foundation today announced the upcoming integration of Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) on the Aptos Network, as well as Stripe adding support for Aptos in its crypto products. These integrations make Aptos the home for interoperable DeFi and the fastest,...