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Four Republican members of the U.S. House Committee on Financial Services are expressing concern over the U.S. Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority’s (FINRA) stance on Prometheum Capital’s launch of Ethereum (ETH) custody services.
In a letter addressed to SEC Chair Gary Gensler and FINRA President and CEO Robert Cooke, U.S. Representatives John...
One of Dogecoin’s (DOGE) competitors has skyrocketed after being added to the listing roadmap of top US crypto exchange Coinbase.
In a new announcement, Coinbase says it’s adding memecoin Floki (FLOKI) to its listing roadmap, which the exchange uses for transparency and to prevent insider trading on coins prior to them being listed.
News of the potential listing caused FLOKI to surge, sending...
Venture capitalist Chris Burniske thinks meme tokens have a purpose that will ultimately lead to the development of fundamentally sound crypto projects.
Burniske tells his 303,400 followers on the social media platform X that he believes the dominance of memecoins in this market cycle is forcing the hand of other crypto projects to innovate and stand out.
According to the crypto veteran, the “...
Real Vision’s head crypto analyst Jamie Coutts says that the US dollar is on the verge of foiling the rally for Bitcoin (BTC) and digital assets.
While the long-term bullish structure is still intact, Coutts says that a strong dollar is threatening to derail BTC’s movement in the short term.
“The macro backdrop has soured. Dollar strength is not good for Bitcoin. Ann Funding rates hit 40% 2 days...
Tech-focused investment firm ARK Invest believes Bitcoin (BTC) will shatter the six-figure price level before 2024 expires.
In a new report, ARK Invest analyst David Puell looks at historical data to predict where Bitcoin could possibly land before the year ends.
Based on the numbers dating as far back as 2011, Puell predicts that Bitcoin could rise by as much as 36% from current levels.
“As of...
XRP Defies Crypto Market Cool Down and Surges by More Than 10% Amid New XRPL Stablecoin Announcement
The payments altcoin XRP defied a brief crypto market cooldown and surged by more than 15% in 24 hours to close out Friday.
The asset’s gains materialized after the French bank Societe Generale (SocGen) announced a plan to deploy its euro-pegged stablecoin, the EUR CoinVertible (EURCV), on the XRP Ledger (XRPL).
The multinational bank launched the EURCV on the Luxembourg-based crypto exchange...
A massive chunk of all US banking customers have recently experienced some type of fraud on their accounts, according to a new study.
Consumer insights and analytics firm J.D. Power says the study shows 29% of US bank customers and 22% of credit card users – at banks like Wells Fargo, Bank of America and Goldman Sachs – have experienced fraudulent activity on their accounts in the past 12 months...
New numbers show the US government is piling a staggering amount of debt onto its balance sheet every single day.
The nonpartisan, nonprofit Committee for a Responsible Federal Budget (CRFB) says the federal government is now borrowing $8 billion per day just to keep things running.
Citing data from the Congressional Budget Office (CBO), the organization’s president Maya MacGuineas says the...
A prominent US Attorney’s office reportedly plans to reduce its focus on crypto cases with Donald Trump headed back to the White House.
On Thursday, Trump announced on Truth Social that he planned to nominate Jay Clayton as U.S. Attorney for the Southern District of New York.
Clayton led the Securities and Exchange Commission (SEC) during Trump’s previous term and has made crypto-friendly...
After nearly two weeks of explosive gains, crypto prices briefly cooled on Thursday and into Friday, possibly due to a speech delivered by U.S. Federal Reserve Chair Jerome Powell.
Powell spoke in Dallas on Thursday and struck a somewhat ambiguous tone about future US monetary policy choices.
He continued to emphasize that the Fed views current risks to inflation and employment goals as “being...