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21 Nov 2024 19:41

The U.S. SEC Chair Gary Gensler will resign on January 20, 2025, paving the way for President-elect Donald Trump to select a replacement immediately.

Gensler took over the SEC in 2021, and under his leadership the commission has taken an ambitious but controversial approach to several regulatory issues, including cryptocurrencies. His term was supposed to officially end on June 5, 2026.

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21 Nov 2024 12:55

A Shanghai court has clarified that personal ownership of cryptocurrencies is legal under Chinese law, recognizing them as virtual commodities with property attributes.

However, commercial activities involving cryptocurrencies remain prohibited due to concerns over financial stability and speculative trading.

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21 Nov 2024 12:03

⚡️⚡️⚡️⚡️⚡️⚡️
Bitcoin reaches new all-time high of $98,000.

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21 Nov 2024 09:58

Bitwise has registered a Solana ETF trust in Delaware, potentially signaling an upcoming S-1 filing with the SEC.

If approved, the ETF will track Solana's price movements, adding to Bitwise's existing crypto offerings.

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21 Nov 2024 07:24

Binance’s 30-day total trading volume reached $3.5tr, surpassing NASDAQ’s $3.2tr by 10%, more than doubling the New York Stock Exchange’s (NYSE) $1.7tr, and accounting for 50% of all centralized exchange (CEX) trading volumes globally.

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21 Nov 2024 07:02

BitGo has launched a Singapore subsidiary, expanding its services in the Asia-Pacific (APAC) region.

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21 Nov 2024 06:16

The U.S. national debt surpassed $36tr for the first time ever, just over a hundred days since it surpassed $35tr.

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20 Nov 2024 17:25

MicroStrategy has increased its convertible senior notes offering to $2.6bn, up from the previously announced $1.75bn, with an additional $400m option for purchasers.

The 0% interest notes, due in 2029, are being sold to qualified institutional buyers and non-U.S. investors, with the offering set to close on November 21, 2024.

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20 Nov 2024 16:12

Solana has surpassed Ethereum in 7-day transaction fees, generating $62.03m compared to Ethereum’s $60.39m, reflecting a surge in user activity and transaction volume on Solana.

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20 Nov 2024 13:13

MicroStrategy has entered the top-100 U.S. public companies by market cap, reaching $96bn, driven by its 528% year-to-date surge.

Holding 331,200 BTC worth over $30bn, the company’s growth outpaces NVIDIA over five years and coincides with Bitcoin’s new highs above $94,000.

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20 Nov 2024 09:55

The Solana-based Phantom crypto wallet became the second-highest-ranked app under the Utilities category on the U.S. Apple App Store, behind only Google.

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20 Nov 2024 09:44

Russia will ban crypto mining in occupied Ukrainian territories such as Donetsk, Luhansk, Zaporizhia, and Kherson regions, citing its impact on the power industry, which faces shortages and capacity issues during the autumn and winter.

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20 Nov 2024 08:43

Elon Musk's X sued Amazon-owned Twitch, alleging it was part of an illegal conspiracy to boycott advertising on the platform.

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20 Nov 2024 06:58

Haru Investment, a crypto custody platform registered in the British Virgin Islands, was declared bankrupt by a South Korean court after filing due to its inability to pay debts.

The platform reportedly deceived investors from March 2020 to June 2023, promising to protect the principal and pay high returns before suddenly stopping withdrawals, taking away crypto worth approximately $995m.

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20 Nov 2024 06:34

Donald Trump will nominate Cantor Fitzgerald CEO Howard Lutnick to lead the Commerce Department, whose jurisdiction covers U.S. economic growth, trade, and industry regulation.

Cantor Fitzgerald has strongly advocated Bitcoin, even being Tether's custodian since late 2021.

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21 Nov 2024 14:12

At the current Bitcoin price, Satoshi Nakamoto's estimated holdings of 1.1m BTC ($107.6bn) would make him the 12th richest person in the world.

Meanwhile, Bitcoin's market capitalization has now surpassed that of the Taiwanese dollar, marking another significant milestone in its global dominance.

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21 Nov 2024 12:14

According to the data, the fully diluted valuation (FDV) of BTC has already surpassed $2tr.

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21 Nov 2024 11:58

According to the data, the Sui network is experiencing a failure, with no new blocks produced for more than an hour and a half.

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21 Nov 2024 08:07

Bithumb, South Korea's second largest crypto exchange, will list TONCOIN (TON) and METIS (METIS) for KRW trading on November 21, at 8PM KST.

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21 Nov 2024 07:19

Over $450m was liquidated as Bitcoin hit a new all-time high, surpassing $97,600, with $270m in long and $180m in short positions.

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21 Nov 2024 06:43

Arkham Intelligence, a crypto holdings tracking platform, said they will legally be launching a spot trading in the U.S. soon.

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20 Nov 2024 19:54

President-elect Donald Trump’s team is considering creating a new White House post solely dedicated to cryptocurrency policy, currently vetting candidates for what would be the first-ever crypto-specific role, highlighting the industry's potential influence in the incoming administration.

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20 Nov 2024 16:59

Gary Wang, former FTX chief technology officer, avoided prison time after pleading guilty to fraud and conspiracy charges.

Wang, who testified against Sam Bankman-Fried, revealed he adjusted FTX’s software to allow Alameda Research to secretly withdraw billions, aiding in an $8bn customer fund theft.

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20 Nov 2024 14:18

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Bitcoin reaches new all-time high of $94,000.

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20 Nov 2024 12:58

Solana-based DApps experienced a surge in activity amid a memecoin revival, driving record fees and revenue.

⚫️SOL hit $242, nearing its all-time high, while Solana’s market cap grew to $112bn, and transaction fees reached $11.84m
⚫️Solana’s largest DEX Raydium led with nearly $15m in daily fees, followed by Jito ($15.5m) and Photon ($3.07m)
⚫️Memecoins like Peanut (PNUT) and Dogwifhat (WIF) saw massive gains, with PNUT up 2,700% and WIF reaching $4.19 after a Coinbase listing
⚫️Institutional investments in Solana DApps reached $173m in Q3, highlighting strong interest in the ecosystem despite a slight drop in transaction volume

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20 Nov 2024 09:50

Yao Qian, the founder of China's CBDC, has been expelled from the Communist Party and public office following investigations into serious violations, including abuse of regulatory power, corruption, and illicit cryptocurrency transactions. His case has been transferred to prosecutors for criminal charges, with all illegal assets confiscated.

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20 Nov 2024 09:27

The U.S. Department of Justice plans to seek a court order requiring Google to sell its Chrome browser within nine months, aiming to curb the company's alleged monopoly in online search.

Additional proposals include licensing Google’s search data and preventing exclusive deals with major tech firms.

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20 Nov 2024 07:28

BlackRock's Bitcoin ETF (IBIT) options saw a record $1.9bn traded via 354k contracts, 18% puts and 82% calls, on its first day alone, achieving around 38% of gold's $5bn trading.

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20 Nov 2024 06:39

Michael Saylor stated he wouldn’t recommend Ripple to clients, emphasizing his Bitcoin-only stance. He noted he wouldn’t even suggest Apple stock, as he avoids recommending securities due to counterparty risks.

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20 Nov 2024 06:07

Michael Saylor, MicroStrategy founder, will brief Microsoft's board next month on using Bitcoin as a corporate strategy.

While Microsoft plans to vote on the investment, the board has already voiced opposition.

Currently, Microsoft is sitting on a $78bn cash reserve.

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