Crypto Market Dips Amid Inflation Concerns and Policy Uncertainty
The cryptocurrency market faced significant declines on Wednesday, with Bitcoin, Ether, and other major tokens retreating sharply. Escalating fears of prolonged inflation and tighter monetary policy weighed heavily on investor sentiment. Bitcoin and Ether Lead the Decline Bitcoin fell 5% to $96,527 on Wednesday in Asia, retreating from its peak
XRP Leads Crypto Losses Amid Strong Dollar Pressure
The cryptocurrency market experienced a sharp downturn as the US dollar strengthened, impacting both traditional and digital assets. XRP spearheaded the decline, sinking over 5% in 24 hours, with major tokens like Bitcoin (BTC), Ether (ETH), and Solana (SOL) also suffering losses. XRP and Marketwide Losses XRP saw the steepest
Trump’s Crypto Revival Challenges EU’s New Digital Asset Rules
The US is positioning itself as a global crypto hub under Donald Trump’s leadership, creating fresh challenges for Europe’s regulatory efforts. With the EU’s landmark Markets in Crypto-Assets Regulation (MiCA) set to take effect on December 30, industry executives warn of a migration of crypto activity from Europe to the
Donald Trump’s Crypto Portfolio: TROG Leads the Way
Former U.S. President-elect Donald Trump has solidified his presence in the crypto world, with TROG becoming the most prominent digital asset in his portfolio. According to Arkham Intelligence data from Dec. 12, Trump holds $8.1 million in cryptocurrencies, with TROG accounting for $2.2 million, or 27% of his holdings. A
Trump Appoints David Sacks as AI & Crypto Czar to Boost Innovation
Donald Trump, the U.S. President-elect, has named former PayPal COO David Sacks as the “White House A.I. & Crypto Czar.” The appointment signals a major shift in U.S. policy toward artificial intelligence and cryptocurrencies. Sacks, a co-founder of Craft Ventures and a prominent figure in the “PayPal Mafia,” is set
Bitcoin: Now the World’s 10th Largest Currency
Bitcoin has reached a historic milestone, becoming the world’s 10th largest currency by market capitalisation. With a current value of $2.04 trillion across 19.8 million BTC, it has cemented its place as a dominant force in global finance. From Humble Beginnings to $2 Trillion Launched in 2009, Bitcoin started as
Bitcoin Nears $100K Amid Crypto-Friendly Leadership Speculation
Bitcoin surged toward the $100,000 milestone, reaching $97,361 on Thursday before settling at $95,640 in early Asian trading. This marks the largest price increase in two weeks, fueled by optimism over potential regulatory shifts in the U.S. Optimism Over Pro-Crypto Leaders Market sentiment turned bullish as speculation grew that crypto-friendly
Trump’s Crypto Policy: A Potential Windfall for Extremist Groups
Donald Trump’s return to the White House could reshape crypto policy, potentially benefiting not only investors but also extremist groups and terrorist organisations. His promise to loosen restrictions has raised concerns among experts about the misuse of cryptocurrencies for illicit activities. Crypto-Friendly Policies and Their Risks Trump’s pro-crypto stance includes
Bitcoin Crash Wipes Out $200 Billion Amid Market Turmoil
Bitcoin’s price has plummeted sharply, dragging the broader cryptocurrency market with it. The flagship digital asset fell to around $90,000 from its recent peak of nearly $100,000 earlier this week, erasing $200 billion from the total crypto market value, which now stands at $3 trillion. Crypto billionaire Michael Novogratz attributed
Bitcoin Soars as SEC Chair Gary Gensler Announces Resignation
Gary Gensler, chair of the US Securities and Exchange Commission (SEC) and a prominent critic of the cryptocurrency industry, has announced his resignation. Gensler will officially leave his position on 20 January 2025, the day Donald Trump is inaugurated as the next US president. In a post on X, Gensler
