Coinbase Case Dropped: SEC Ends ‘Bogus’ Battle Against Crypto Giant
In a landmark decision for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has agreed to drop its enforcement case against Coinbase. The move, pending approval from SEC commissioners, marks a major victory for the crypto exchange and its supporters. The case, initiated in 2023 under former SEC
Iranian Crypto Outflows Surge 70% Amid Sanctions
Iranian crypto outflows have surged 70% year-over-year, reaching $4.2 billion in 2024, according to blockchain analytics firm Chainalysis. This increase highlights a growing reliance on digital assets as economic instability and geopolitical tensions push individuals and businesses to seek alternative financial channels. Bitcoin and Stablecoins Drive Capital Flight The rise
Binance.US Restores USD Services, Enabling Seamless Fiat Transactions
Binance.US, a leading cryptocurrency exchange in the U.S., has officially restored USD deposit and withdrawal services. Customers can now seamlessly transfer funds using bank transfers (ACH) with zero fees. This marks a major milestone for the platform, which had been operating as a crypto-only exchange since July 2023. A New
Ethereum Hits 12-Day High as Exchange Supply Reaches Record Low
Ethereum surged to a 12-day high of $2,832 before settling around $2,720, marking a 2% daily increase. This price movement comes despite the broader crypto market experiencing a 2.4% decline. The rise follows months of underperformance, with ETH struggling to keep pace with other major cryptocurrencies. Blockchain analytics firm Santiment
Argentine President Milei Denies Crypto Fraud Allegations
Argentine President Javier Milei is facing allegations of fraud after promoting a cryptocurrency, $Libra, which crashed shortly after he mentioned it on social media. Investors suffered heavy losses, prompting legal scrutiny and political backlash. $Libra’s Meteoric Rise and Fall On Friday, Milei posted about $Libra on X (formerly Twitter), including
Crypto Markets on Edge: Key Events That Could Shake BTC This Week
Bitcoin (BTC) continues to trade below the psychological $100,000 mark, frustrating traders with its lackluster performance. However, several major events this week could trigger volatility in the crypto markets. From the long-awaited FTX payout to a Trump-Musk interview and crucial FOMC minutes, here’s what investors need to watch. FTX Payout:
Bitcoin Traders Bet on $110K Amid Market Stagnation
Bitcoin (BTC) has been stuck in a tight range between $95,000 and $100,000 this month, showing little momentum to break higher. However, despite the lack of immediate price action, traders remain confident in BTC’s potential upside, with options data signaling bullish bets on a six-figure rally. $110K Calls Dominate Options
Milei’s Crypto Controversy: Argentina’s President Under Fire
Argentina’s President, Javier Milei, has sparked outrage after promoting a little-known cryptocurrency, $LIBRA, which skyrocketed in value following his endorsement—only to crash soon after. The controversial move has drawn comparisons to former U.S. President Donald Trump’s recent memecoin venture and has raised questions about political figures endorsing volatile digital assets.
Remixpoint’s Crypto Holdings Skyrocket 8,000% Amid Bitcoin Surge
Tokyo-based energy consulting firm Remixpoint (3825) has made headlines with its massive cryptocurrency accumulation, increasing its holdings by over 8,000% in just nine months. The company, which initially focused on energy consultancy, has now aggressively expanded into the crypto sector, mirroring the strategy of investment firm Metaplanet. From Yen to
XRP Surges as Spot ETF Approval Odds Hit 80%
The price of XRP has been on a bullish streak, surging 50% from February’s lows to hit $2.78 on Friday. This marks its highest level this month, driven by rising expectations of a spot XRP ETF approval by the U.S. Securities and Exchange Commission (SEC). A Polymarket prediction market, with
