SEC chair warns most crypto tokens lack compliance and face uncertain futures, while bitcoin, compared to gold, stands as a speculative but enduring asset. SEC Chief: Bitcoin Sets the Standard While Crypto Tokens Face Tougher Laws Outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler defended his regulatory stance on cryptocurrency in an interview […] Source: https://news.bitcoin.com/sec-chief-bitcoin-clear-but-15000-crypto-tokens-face-uncertain-fate/
Month: January 2025
Binance BTC open interest jumps $500M hours after ‘favorable’ US inflation data
Binance Open Interest surged approximately $500 million just two hours after the CPI results “brought smiles to the faces of crypto investors,” says an analyst. Source: https://cointelegraph.com/news/binance-bitcoin-open-interest-spikes-united-states-cpi-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto scammers hard shift to Telegram, and ‘it’s working’ — Scam Sniffer
Scam Sniffer initially raised the alarm about Telegram malware scams in December last year but says bad actors have since evolved tactics to snare new victims. Source: https://cointelegraph.com/news/malicious-telegram-group-scams-have-increased-2000-since-november-scam-sniffer?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
SEC files opening brief in its appeal against Ripple over XRP
The Securities and Exchange Commission is asking an appeals court to rule that XRP tokens sold to retail investors were unregistered securities as it continues its years-long case against Ripple Labs. Source: https://cointelegraph.com/news/sec-arguments-appeal-ripple-xrp-ruling?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Could Top $300,000 This Year, New HashKey Survey Claims
A comprehensive market survey by HashKey Group suggests Bitcoin could surge beyond $300,000 in 2025, driven by unprecedented institutional capital flows and growing mainstream financial adoption. The Hong Kong-based digital asset firm’s annual prediction report gathered input from nearly 50,000 community members. It comes as Wall Street deepens its commitment to crypto, with several major financial stalwarts opting to provide…
Study: 52% of Americans Ditch Traditional Assets for Crypto, Sparking New Wave of Adoption
A new survey reveals that cryptocurrency has surged in popularity among Americans, with 68% now owning cryptocurrencies. Crypto Now Part of Americans’ Investment Portfolios A recent survey reveals that more than half of Americans (52%) have sold traditional assets, such as stocks or gold, to invest in bitcoin. Additionally, one-fifth of U.S. residents allocate over […] Source: https://news.bitcoin.com/study-52-of-americans-ditch-traditional-assets-for-crypto-sparking-new-wave-of-adoption/
Pump.fun Faces Possible Lawsuit Over Allegations of Investor Harm
A US law firm has revealed plans to take legal action against Solana-based meme coin launchpad Pump.fun on behalf of investors, citing months of questionable promotional activities by platform users. New York-based Burwick Law, which recently filed a federal lawsuit against the creators of the ill-fated Hawk Tuah meme coin, made its announcement on X on Wednesday. “In the past…
Ripple Confident in Victory as SEC’s Crypto War Nears Its End
Ripple is confident in its legal position as SEC leadership faces criticism for enforcement-heavy policies, with a pro-crypto regulatory shift on the horizon. Ripple: Confident and Thriving as a New Era of Crypto Regulation Dawns Ripple executives have taken aim at U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, criticizing his regulatory approach and […] Source: https://news.bitcoin.com/ripples-victory-looms-larger-as-secs-crypto-war-nears-its-end/
Arkansas lawmakers float bill to ban crypto mining near military facilities
The bill includes military bases, camps, hospitals, clinics, and arsenals, and restricts crypto mining within a 30-mile radius of them. Source: https://cointelegraph.com/news/arkansas-lawmakers-introduce-bill-ban-crypto-mining-near-military?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Monthly crypto trading on CEXs hits all-time high in December: CCData
Crypto trading volume on centralized exchanges hit a new record in December, the same month Bitcoin breached $100,000 and clocked a new all-time high. Source: https://cointelegraph.com/news/crypto-trading-volumes-centralized-crypto-exchanges-monthly-highs-december-data?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound