The Trump transition team is considering pro-crypto lawyer Teresa Goody Guillén as a potential SEC chair candidate, according to reports. Guillén is currently a partner at BakerHostetler and co-lead of its blockchain team. Last week, Gary Gensler released a statement that suggested he was leaving the agency, and the debate over his replacement has heated up. “As Trump searches for a pro-crypto SEC Chair, crypto prices will likely continue to rise,” predicted the Kobeissi...
Read More »Why Did Ripple’s (XRP) Price Explode to 8-Month Peak Above $0.7?
The bull rally that was induced and propelled by Donald Trump’s victory in the 24 US presidential elections last week seemed to have missed Ripple’s native token, at least until earlier today. XRP managed to chart some gains in the past week, but it was nothing compared to the massive price surges seen from the likes of Bitcoin, Cardano, Dogecoin, Shiba Inu, and many others. XRPUSD. Source: TradingViewThe landscape for XRP, which lost some positioning to DOGE in the top 10...
Read More »How High Can Cardano (ADA) Go With Hoskinson Helping Create US Crypto Policy?
TL:DR; IOG founder Charles Hoskinson said he will be a part of a team working to create regulatory policy for crypto during the Trump administration. ADA’s price jumped immediately to a multi-month high, but Perplexity now speculates about a potential top. Perhaps the most notable piece of news for the cryptocurrency industry this weekend came from IOG’s founder, Charles Hoskinson. As reported earlier, he outlined his plans for 2025, indicating that he will spend a big...
Read More »Cynthia Lummis Reaffirms Vision for a Strategic Bitcoin Reserve in America
Wyoming Senator Cynthia Lummis has reiterated her commitment to establishing a strategic Bitcoin (BTC) reserve for the United States. The lawmaker, known for her strong pro-crypto stance, highlighted these plans following the recent Republican victories in the Senate, more so of largely digital asset-friendly legislators. Senator to Move Forward With Strategic BTC Reserve Bill In a November 6 post on X, Lummis confidently declared, “We are going to build a strategic Bitcoin...
Read More »Justin Sun Proposes Job Opportunity to SEC Chair Gary Gensler
Tron founder Justin Sun has offered Gary Gensler, the beleaguered chair of the U.S. Securities and Exchange Commission (SEC), a job. The offer came to light in a recent X post, in which Sun expressed his willingness to hire Gensler provided he could “genuinely treat the crypto industry with sincerity.” SEC Chair Gets a Lifeline This unexpected invite comes as the crypto community is celebrating Donald Trump’s return to the White House. Since he was last president, Trump has...
Read More »This Viral Streamer Lost $700K Worth of BTC Betting on Kamala Harris to Win
TL;DR Popular Canadian online streamer missed a profit of almost $1 million worth of BTC after betting on Harris to become president. Trump’s victory fueled a crypto rally, with bitcoin reaching a new peak of over $75K. Betting on the Wrong Horse? The US presidential elections are undoubtedly among this year’s hottest topics. The latest results show that the 47th president of the country will be Republican Donald Trump, who secured vital victories in swing states like...
Read More »Here’s When the Ripple (XRP) Price Can Say ‘Goodbye’ to $1 for Good (Analyst)
TL;DR XRP lagged behind other assets despite a market rally tied to Trump’s win. However, some analysts remain hopeful for a breakout if it clears key price levels. Ripple’s CEO Brad Garlinghouse welcomed the Trump victory, calling for changes like replacing SEC Chair Gensler and clarifying Ethereum’s regulatory status. XRP is Late for the Party… Again The cryptocurrency market has been on a tear in the past several hours, caused by Donald Trump’s triumph in the US...
Read More »10 Promises Donald Trump Has Made Regarding Bitcoin and Crypto
Throughout his election campaign, the new United States President, Donald Trump, remained vocal about his pro-crypto stance and made several promises regarding the development of the nascent industry. CryptoPotato has compiled a list of Trump’s declared promises, including pledges geared towards fostering innovation in the United States and continuing growth of the digital asset industry. Trump’s Promises Regarding Crypto Trump said he would commute the prison sentence of...
Read More »Bitcoin Poised for $100K, Trump Win May Be Short-Term Catalyst, Says Analyst
Bitcoin (BTC) could be gearing up for a historic $100,000 pump, and, according to crypto analysts, the upcoming U.S. presidential election may yet play a key role. According to experts, the cryptocurrency may achieve this price milestone regardless of who wins. However, they suggest a Trump victory could serve as a short-term catalyst, boosting its momentum much faster. Election’s Influence on Bitcoin Price Action The market watchers have noted that on previous occasions,...
Read More »Coinbase Chief Demands Accountability from Future SEC Chair Over ‘Frivolous’ Crypto Cases
Coinbase CEO Brian Armstrong has called for the next US Securities and Exchange Commission (SEC) chair to address the agency’s perceived inconsistencies in its approach to digital assets. Armstrong’s criticism stems from the securities regulator’s shifting stance throughout the years which has caused frustration within the community. SEC’s Contradictions on Crypto His tweet, which accompanied a compilation of conflicting SEC statements on the issue, argued that the new chair...
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