[ad_1] President-elect Donald Trump is poised to reshape the US government’s approach to crypto, actively seeking candidates with industry-friendly views for key regulatory positions. According to the Washington Post, as part of his strategy to establish the United States as the “crypto capital of the world,” Trump’s transition team is consulting with cryptocurrency executives to explore potential changes to federal policy. SEC Overhaul On The Horizon Trump’s commitment to a more permissive regulatory environment is in line with his campaign promises, which have garnered significant support from the industry, as evidenced by the current uptrend in prices following his victory…
Author: dfrancis36
[ad_1] XRP price is up over 10% and moving higher above the $0.620 support zone. The price tested the $0.740 zone and is currently correcting gains. XRP price started a decent increase above the $0.620 resistance. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.6180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.6200 support zone. XRP Price Eyes More Upsides XRP price remained supported above the $0.5850 level.…
[ad_1] A former executive of a now-defunct cryptocurrency firm, Celsius Network, will have to continue to face his legal battle as a US federal court denied his motion to dismiss the charges against him. It might seem only like a legal battle of a former crypto CEO but in the greater scheme of things, it’s a reflection of the saga of the government’s scrutiny on the digital currency industry. Motion Denied The ex-CEO of Celsius Network, Alex Mashinsky, failed to convince a US federal judge to drop two counts of criminal charges against him relating to the manipulation of crypto…
[ad_1] Este artículo también está disponible en español. Ethereum price extended its increase above the $3,220 resistance. ETH is now consolidating and facing hurdles near the $3,450 resistance. Ethereum started a fresh increase above the $3,120 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,220 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it remains stable above the $3,150 zone. Ethereum Price Faces Hurdles Ethereum price started a fresh increase above the $3,000 resistance…
[ad_1] Police and electricity authorities in Thailand have launched a series of crackdowns targeting illegal cryptocurrency mining operations accused of stealing massive amounts of electricity. Raids conducted in Chachoengsao and Surat Thani provinces led to multiple arrests and the seizure of mining hardware worth millions of baht. How It Went Down According to a recent report from local news media, raids occurred over the weekend in Surat Thani province, with officials searching seven commercial buildings and two residential properties in Muang district. The investigation resulted in the arrest of two men, Nathapong and Arthit, aged 30. Authorities confiscated 111 crypto-mining…
[ad_1] Este artículo también está disponible en español. Analysts are once again paying close attention to the price trend of XRP and the US election cycles. Many people who follow the market say that if a crypto-friendly candidate wins, XRP could go through a big jump, similar to what happened after other elections. Could this be the start of another rally? Related Reading After the 2016 and 2020 US elections, XRP’s value skyrocketed, as expected by market observers. These two major occurrences benefited cryptocurrencies, which analysts expect to happen again in 2024 under Donald Trump. Market expert Mikkybull observes a…
[ad_1] Crypto is a popular target for cybercriminals, who rely on its anonymity and lack of regulation. These crimes often target individuals online through hacking and ransomware. However, there have been a few aggressive crimes in the past that target unsuspecting individuals in person and broad daylight. Thailand news agencies report that a Ukrainian tourist recently lost $250,000 worth of USDT in an armed robbery last November 8th, Friday. According to the police report, the Ukrainian national was attacked by two armed individuals. The tourist was forced to transfer $250k in USDT to the suspects before contacting the Thai police. Another…
[ad_1] Este artículo también está disponible en español. Crypto investors are getting excited about the latest price surge of Bitcoin, which occurred only days after the US election, fueled by favorable market sentiment toward the digital currency industry. Long-term holders of the firstborn cryptocurrency are now becoming interested in Bitcoin, as the digital coin is fast approaching the much-anticipated $90,000 mark. Related Reading $90K Is Just Around The Corner Data showed that BTC’s price continues to surge, and analysts are confident that it will hit the $90,000 level sooner than expected. Just several days after Donald Trump reclaimed the White…
[ad_1] Applications for new altcoin exchange-traded funds (ETFs) have surged in recent months. Now, on November 13, an Hedera HBAR ETF S-1 form was filed with the US Securities and Exchange Commission (SEC) by crypto asset manager Canary Capital. Hedera HBAR ETF On The Horizon According to the filing with the SEC, the Canary HBAR ETF intends to hold only the Hedera protocol’s native token directly, without the use of derivatives, futures or other financial instruments. This filing for HBAR is notable not only for being the first of its kind, but also for the potential for similar and new…
[ad_1] Crypto asset manager Bitwise has announced the launch of an Aptos (APT) Staking exchange-traded product (ETP) (APTB) on the SIX Swiss Exchange. According to the press release, the ETP will represent the world’s first Aptos Staking ETP, aiming to enable both institutional and retail investors to engage with the Aptos smart contract platform. Says Bitwise CEO and co-founder Hunter Horsley, “For seven years, Bitwise has been a dedicated partner to investors working to understand and access the opportunities in the new crypto asset class. With the launch of Bitcoin and Ethereum spot ETPs in the US, a huge cross-section…