Category Archive: Cryptocurrency, No picture
Coinbase eyes more meme coin listings under Trump administration, says Coinbase executive
Key Takeaways Coinbase plans to expand token listings, including memecoins, under a more favorable regulatory environment expected with Trump’s administration. The exchange is diversifying its revenue streams beyond trading to include staking and stablecoin revenue. Share this article Coinbase is looking to add support for more smaller tokens, including meme coins, as the company anticipates […]
XRP jumps 25% as SEC may not pursue appeal after Gensler’s departure
Key Takeaways XRP’s price surged 25% amid speculation of reduced SEC enforcement post-Gensler. Pantera anticipates fewer SEC lawsuits and possible dismissals after Gensler’s departure. Share this article Ripple’s XRP token rose by 25% on Friday to above $1.4, maintaining its upward trajectory after SEC Chair Gary Gensler announced his term will officially conclude on January […]
Bitwise files Form S-1 for spot Solana ETF with SEC
Key Takeaways Bitwise has filed an S-1 registration statement with the SEC for a Solana ETF. Bitwise joins VanEck and 21Shares in the race to launch a Solana ETF. Share this article Crypto asset manager Bitwise has officially submitted a registration statement on Form S-1 to the SEC for its Bitwise Solana ETF. The move […]
Charles Schwab plans to offer spot crypto trading as US rules evolve under Trump
Key Takeaways Charles Schwab plans to offer spot crypto trading as US regulations ease, likely under President-elect Donald Trump. Incoming CEO Rick Wurster supports Schwab clients engaging with crypto but stated he does not plan to invest personally. Share this article Charles Schwab is preparing to offer spot crypto trading once US regulations become more […]
Trump Media files trademark application for a crypto payment service called TruthFi
Key Takeaways Trump Media filed a trademark application for a crypto service called TruthFi. The company, reportedly in talks to acquire Bakkt, signals expansion beyond Truth Social into crypto markets. Share this article Donald J. Trump’s social media company filed a trademark application for TruthFi, a proposed crypto payment service that includes financial custody services […]
Chris Giancarlo, ex-CFTC chair, emerges as frontrunner for White House ‘crypto czar’ role
Key Takeaways Chris Giancarlo is a frontrunner for the first-ever crypto role in the White House. The leader of the proposed role would help establish a framework for the $180 billion stablecoin market. Share this article Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), has emerged as a leading contender for a […]
SEC Chair Gary Gensler to step down on January 20
Key Takeaways Gary Gensler will step down as SEC Chair on January 20, 2025. SEC Chair highlights crypto enforcement as 18% of agency tips focused on digital assets, despite their small market share. Share this article SEC Chair Gary Gensler will step down from his position on January 20, 2025, after serving as the agency’s […]
FTX set to begin creditor distributions in early 2025
Key Takeaways FTX plans to start distributing proceeds to creditors and customers in early 2025. Eligible customers must complete KYC verification and submit required tax forms to receive distributions. Share this article FTX, the infamous crypto exchange once led by Sam Bankman-Fried, plans to begin distributing proceeds to creditors and customers in early 2025 as […]
Solana price hits $250 for the first time in three years amid SEC progress on Solana ETF applications
Key Takeaways Solana’s SOL token price surged to $250, nearing its all-time high amid SEC discussions with ETF issuers. The SEC has initiated talks with Solana ETF issuers like VanEck and 21Shares on S-1 forms. Share this article Solana’s SOL token surged to $250, its highest level since November 2021, on Thursday morning. The surge […]
MARA Holdings completes $1 billion debt offering to acquire more Bitcoin
Key Takeaways MARA Holdings successfully raised $980 million net through a $1 billion debt offering. Funds will be used for repurchasing existing notes and Bitcoin acquisitions. Share this article MARA Holdings said Thursday it had completed a $1 billion offering of zero-interest convertible senior notes. The majority of the net proceeds will be used to […]
