Bitcoin (BTC-USD) surged back to $98,000, nearing its record high, following the announcement that Securities and Exchange Commission (SEC) Chair Gary Gensler will step down on January 20. This key development coincides with heightened optimism about potential pro-crypto policies under the incoming U.S. administration, creating a bullish environment for digital assets. The cryptocurrency peaked at $98,300 in early trading before…
Gensler will step down as SEC Chair and depart from the agency entirely on Jan. 20, 2025, when President-elect Donald Trump starts his presidential term. Source: https://cointelegraph.com/news/sec-chair-gary-gensler-step-down?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Securities and Exchange Commission (SEC) Chair Gary Gensler announced his resignation Thursday, throwing in the towel on efforts to reign in the digital assets industry. After leading the regulator’s crypto crackdown against many major industry players, Gensler said Thursday that he will resign on January 20, 2025 as Donald Trump begins his second term, following his recent election win. “The…
Coinbase contends the delisting was based on a standard review of WBTC’s suitability to trade on the exchange. Source: https://cointelegraph.com/news/bit-global-claims-coinbase-delisted-wbtc-for-competitive-advantage?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Core Scientific is converting its cryptocurrency mining campus in Denton, Texas, into a $6.1 billion data center hub for artificial intelligence (AI) workloads, signaling a shift in its business strategy amid increasing demand for AI-driven computing. Core Scientific’s Denton Campus to Host $6.1 Billion AI Project Core Scientific’s (Nasdaq: CORZ) revised lease agreements and power […] Source: https://news.bitcoin.com/from-bitcoin-to-ai-core-scientifics-6-1-billion-denton-transformation/
Mastercard Multi-Token Network is connecting with JPMorgan’s ambitious Kinexys Digital Payments for faster settlement. Source: https://cointelegraph.com/news/mastercard-jpmorgan-cross-border-payment-solution?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
The agency highlighted consumer and industry comments in a 259-page report detailing the final draft of the “Larger Participants” rule. Source: https://cointelegraph.com/news/cfpb-leaves-crypto-wallets-out-larger-participant-rule?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Data powers the crypto industry—but the limitations of today’s oracles threaten its security, decentralization, and usability, according to Hugo Philion, Co-Founder of “blockchain for data” Flare. “There are really only very few things you can do without data,” Philion explained during his recent sitdown interview with Decrypt. “Data powers pretty much most of the value of the current use cases,…
In the latest Cointelegraph video, we break down the rise, recent challenges, and future potential of The Open Network (TON). Source: https://cointelegraph.com/news/real-potential-the-open-network-ton?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […] Source: https://news.bitcoin.com/dormant-bitcoin-whale-awakens-500-btc-moved-after-8-years-5-7m-sent-to-gemini/
