Elon Musk Wins Legal Battle Against SEC Over X Acquisition
Legal victory for Elon Musk as he defeats SEC’s attempt to sanction him over X deal.
Musk humorously responds to the SEC ruling, commenting on the agency’s middle name.
Alderoty claims the SEC has misused public money on unnecessary enforcement actions.
Elon Musk has won a legal battle against the U.S. Securities and Exchange Commission (SEC) over his $44 billion acquisition of X. The court ruled in Musk’s favor, rejecting the SEC’s request to sanction him for skipping a meeting with agency l
Blockchain Group’s 5-Point Crypto Plan for Trump Admin
Blockchain Association urges Trump to prioritize crypto-friendly regulatory reforms.
Proposals include stopping debanking and replacing the SEC chair with clearer policies.
The group calls for a crypto advisory council to align the US with global digital innovation.
The Blockchain Association, which operates from Washington, D.C., has urged President-elect Donald Trump to pay attention to cryptocurrency and blockchain policy changes. The advocacy group provided its recommendations in a five-p
Trump Chooses Scott Bessent as the New US Treasury Secretary
Trump elects Scott Bessent as the new U.S. Treasury Secretary to replace Janet Yellen.
Bessent, a hedge fund executive, was Trump’s Economic Advisor in the 2024 election campaigns.
Trump stated that Bessent would enhance the US’ position as a leader in the crypto world.
President-to-be Donald Trump has chosen Scott Bessent as his U.S. Treasury Secretary candidate. Bessent is the CEO of Key Square Group, a global macro investment firm. Also, he worked as the chief investment officer at Soros
Bitcoin Nears $100K and ETFs Sees Record $3.38B Weekly Inflows
This week saw Bitcoin surge over $99,000, spring discussions and excitement around the market.
Bitcoin ETFs recorded their highest weekly net inflow ever, totaling $3.38B last week.
Ethereum ETFs faced outflows on four of five days, losing $68.5M in the same period.
The week of November 18–22, 2024, marked a historic moment for cryptocurrency markets. Bitcoin’s price surged past $99,000 on Friday morning, nearing the highly anticipated $100,000 milestone. However, short-term resistance kept i
Trump’s Crypto Advisory Council: Industry Leaders Compete
Crypto firms like Ripple and Coinbase are vying for spots on Trump’s crypto advisory council.
Trump’s proposed council will help shape U.S. crypto policy with industry leaders involved.
A “crypto czar” role could lead the council, with Chris Giancarlo as a top contender.
Several leading crypto companies are competing for positions on President-elect Donald Trump’s proposed crypto advisory council as he looks to overhaul U.S. cryptocurrency policy. Ripple, Kraken, Circle, Coinbase, and venture
CFTC Commissioner Calls for Crypto Regulatory Reform
CFTC Commissioner calls for clear crypto rules to replace enforcement-driven confusion.
She warns the lack of clear laws could lead to regulatory chaos from agencies like the FCC.
CFTC could stabilize crypto markets with the right legislation and swift rulemaking.
During the North American Blockchain Summit on November 21, CFTC Commissioner Summer Mersinger called for clearer and more standardized regulations for the U.S. crypto industry. She stressed the need for regulatory reform, highlight
ETH Price Rise: Whale Moves & ICO Fund Distribution in Focus
A dormant Ethereum whale reactivated after 8 years, selling 73,356 ETH this month.
Cosmos developers sold 3,000 ETH, adding to their 21,600 ETH sold since April 2024.
Ethereum on-chain data shows rising transactions but fewer new addresses this cycle.
Ethereum has been on a bullish trajectory, with its price reaching $3,335.22 at press time. This marks a 6.02% increase within the day and a 7.44% rise over the past week. As the second-largest cryptocurrency gains momentum, notable on-chain act
Warsh Leads Treasury Race; Brooks Tops SEC Odds Under Trump
Kevin Warsh leads the Treasury race while Brian Brooks tops SEC odds amid Trump picks.
Gary Gensler’s exit sparks hopes for pro-crypto SEC and key roles are under evaluation.
The right appointments may reshape U.S. crypto policies and boost market confidence.
Kevin Warsh leads the race for the U.S. Treasury Secretary with 56% odds on Polymarket, while Brian Brooks emerges as the frontrunner for SEC Chair with 33% chances on Kalshi. This race comes as President-elect Trump’s team evaluates can
Apple Security Flaw Exposes Crypto Users to Major Risks
Major Apple security flaw exposes devices to remote code execution and crypto theft risk.
Apple urges immediate updates after the flaw endangers sensitive data on iOS and Mac.
CZ alerts Macbook users with Intel chips to update ASAP, following recent developments.
Apple revealed a major security flaw in its devices, which has caused concern in the technology and cryptocurrency industries. This vulnerability was associated with the JavaScriptCore and WebKit software that handle web content. It
MicroStrategy Raises $3B for Bitcoin, Metaplanet Follows
MicroStrategy raises $3B, adding 51,780 BTC to reach a total of 331,200 Bitcoins.
Bitcoin’s ATH of about $99K boosts MicroStrategy stock by 21% in five days.
Metaplanet buys 124 BTC, raising holdings to 1.142M, with stocks rising 14%.
MicroStrategy is making headlines as it significantly expands its Bitcoin holdings during the ongoing market rally. The company has adopted bold strategies to strengthen its financial positions, leveraging Bitcoin as a key asset. The company now holds the la
PEPE’s breakout from a falling wedge signals potential for a 31.91% bullish upside move.
DOGE forms a bullish pennant, indicating momentum to reach its psychological target level.
SHIB’s Fibonacci analysis suggests it may follow DOGE’s path toward higher targets.
The crypto market is witnessing an increase in bullish sentiment, particularly for top meme coins like PEPE, Dogecoin (DOGE), and Shiba Inu (SHIB). Technical chart patterns signal potential upward price movements for these assets, hi
$2.84B BTC and $550M ETH Options Expiring Amid Optimism
BTC and ETH options expirations this week total $3.39B, highlighting active sentiment.
ETH’s implied volatility rises sharply as it leads a rally, while BTC’s remains stable.
Institutional inflows and ETF interest drive optimism despite large BTC and ETH expirations.
Options data for Bitcoin (BTC) and Ethereum (ETH) from Greeks.live indicates a significant week ahead in the cryptocurrency market. Notably, 29,000 BTC options, worth $2.84 billion in notional value, are set to expire with a put-
Schwab Eyes Crypto as Gensler Departs, Trump Eases Rules
Schwab plans to enter spot crypto trading as regulations ease under Trump’s policies.
Incoming new CEO Rick Wurster emphasizes readiness for cryptocurrency adoption by Schwab.
Gary Gensler’s exit marks a shift as Trump aims to create crypto-friendly frameworks.
Charles Schwab is positioning itself to enter the cryptocurrency market. In a Bloomberg Radio interview, incoming CEO Rick Wurster signaled the firm’s readiness to offer spot crypto trading as regulatory barriers ease under the incomin
Gary Gensler to Resign on the ‘First Day’ of Trump’s Term
SEC Chair Gary Gensler announced stepping down from his position on January 20, 2025.
Gensler’s last day will coincide with Donald Trump’s first day as President of the USA.
Following Gensler’s resignation announcement, Ripple’s XRP surged above the $1.4 mark.
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler has pronounced that he will resign from his position on January 20, 2025. This day reportedly coincides with Donald Trump’s inauguration as President of the USA.
MetaMask Introduces Gas-Included Swaps on Ethereum Mainnet
MetaMask introduces gas-included swaps, removing ETH requirement for transaction fees.
MetaMask’s Gas Station offers seamless swaps with competitive quotes across multiple providers.
Ethereum approaches $4,000, fueled by market momentum and increased trading activity.
MetaMask has announced a new feature called Gas Station. Users can now swap tokens without needing ETH for gas fees. This update allows transactions to proceed seamlessly, eliminating delays caused by insufficient ETH balances.
SOL Leads The Altcoins Pack: Hits A New ATH After 2 Years
SOL breaks its all-time high after two years and is eying the next milestone of $300.
Solana takes the lead among the alternative coins with its steady increase in prices.
Meme coins based on the Solana blockchain, like PNUT, & BONK, gain a massive boost in value.
Despite Bitcoin being just a few steps away from $100K, altcoins are showing that they are no lesser than BTC through their price movements. Among the altcoins, SOL takes the lead, recently breaking its ATH and trading at a pri
ECB’s Witlox Urges Swift Action on Digital Euro Development
ECB urges faster digital euro rollout as global powers advance in CBDC development.
The digital euro CBDC project faces legislative hurdles while the UK and China push ahead.
Several banks voice concerns over costs as ECB plans privacy-focused payment solution.
The European Central Bank’s digital euro project manager, Evelien Witlox, has emphasized the urgent need to accelerate the development of Europe’s central bank digital currency (CBDC). Her statement to Euronews comes as global competit
Bitcoin Hits $97K Amid Extreme Greed in Market Sentiment
BTC remains bullish above $97K as market sentiment reaches Extreme Greed with a score of 82.
The top 10 cryptocurrencies display mixed trends as Bitcoin dominance climbs to 57.65 %.
FLATEARTH surges over 600% highlighting opportunities in smaller volatile tokens.
Bitcoin (BTC) remains bullish, with its price hovering above $97,000, as the market sentiment has reached the “Extreme Greed” zone. In an X post on Thursday, an analytical platform, CryptoRank, pointed out that the top 10 cryptocurre
South Korean Police Links $1B Upbit Hack to North Korea
South Korean police confirmed North Korea orchestrated a major Ethereum heist in 2019.
Investigators linked the attack to Lazarus and Andariel groups tied to military intelligence.
Hackers laundered stolen Ethereum through 54 exchanges to conceal the funds’ origins.
South Korean police have confirmed North Korea’s involvement in a significant crypto heist in 2019. Reportedly, hackers linked to North Korea’s military intelligence agency stole 342,000 Ethereum tokens. Officials highlighted that
Sui Network Is Back After Experiencing Over Two-hour Halt
Block production on Sui Network stalled for over two hours, but was fixed eventually.
Onchain data confirmed no blocks were produced on Sui for 2 hours, prompting concerns.
Sui token declined 6.99% as the Sui network faced downtime and community complaints.
The Sui Network, a decentralized layer-1 blockchain designed for high-speed smart contract execution, experienced a major outage on November 21. Block production on the blockchain ceased for over two hours, disrupting transaction processin