In a leadership shakeup at the Commodity Futures Trading Commission (CFTC), Acting Chair Caroline Pham appointed Harry Jung as Acting Chief of Staff on Wednesday. Jung, who previously served as Pham’s Counselor and Senior Policy Advisor, will lead the agency’s crypto and digital assets engagement and will build on his experience at Citigroup and prior
Although Bitcoin price action is still holding above the $100,000 price level, the past 24 hours have been highlighted by a 2.5% decline. According to liquidation data from Coinglass , this decline has seen $65.47 million worth of positions liquidated, with the majority ($54.10 million) being long positions. Crypto analyst Kevin (Kev_Capital_TA) noted a significant
Around 30,000 Bitcoin options contracts will expire on Friday, Jan. 24, and they have a notional value of roughly $3.1 billion. This weeks expiry event is slightly larger than last weeks, but it is unlikely to have any major impact on spot crypto markets, which have calmed following a volatile week. This weeks batch of
Following Bitwises and Rex Shares recent application for spot Dogecoin ETFs in the United States, crypto analyst Ali Martinez has provided a technical outlook suggesting Dogecoin (DOGE) could ascend to $15. His analysis, detailed in a logarithmic chart spanning from 2017 to 2025, captures a massive ascending channel that highlights the potential upward trajectory for
Speaking with CNBCs Andrew Ross Sorkin at the World Economic Forum in Davos, Switzerland, Pick said his bank is working with US regulators to see how it can enter the market. That’s another big splash into the sea of cryptocurrency by traditional finance corporations, making the industry’s dream of institutional adoption a reality. Institutional adoption
Sen. Cynthia Lummis (R-WY) chairs the US Senate panel on crypto assets. She has promised some big changes in government policy for the sector. A Bitcoin sovereign wealth fund Republicans are calling a “strategic national reserve” is only one of Lummis’ promises for blockchain. But markets are thrilling with bullish activity on that prospect alone.
On-chain data has unveiled an impressive surge in the Shiba Inu burn rate , skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow suit, as increased
Bitcoin price settled above the $100,500 resistance zone. BTC is consolidating gains and might aim for a fresh increase above the $105,000 zone. Bitcoin price started a decent upward move above the $104,500 zone. BTC was able to climb above the $105,500 and $106,000 levels. The bulls even pushed the price above the $106,500 level.
Ethereum price is consolidating above the $3,180 support. ETH must clear the $3,350 resistance zone to start a fresh increase in the near term. Ethereum price started a decent upward move from the $3,180 level, beating Bitcoin. ETH was able to surpass the $3,220 and $3,250 resistance levels. There was a break above a key
Dogecoin started a downside correction from the $0.400 zone against the US Dollar. DOGE is now consolidating and might attempt a fresh increase if it stays above $0.3350. Dogecoin price started a fresh decline from the $0.400 resistance zone, unlike Bitcoin and Ethereum. DOGE dipped below the $0.3800 and $0.3650 support levels. It even spiked
XRP price struggled to continue higher above the $3.25 level. The price is now correcting gains and might find bids near the $3.00 level. XRP price managed to start a fresh increase from the $3.050 support zone, but upsides were limited compared to Bitcoin. The price was able to surpass the $3.150 level before the
In an analysis provided by crypto analyst Kevin (@Kev_Capital_TA), Dogecoin (DOGE) emerges as an altcoin defying current market skepticism, with technical indicators suggesting a bullish continuation rather than a peak. Kevin’s latest post on X highlights Dogecoin’s performance against its 50 and 200-day simple moving averages (SMA). “Dogecoin is still seeing fast expansion on the
On Jan. 21, Donald Trump said he had signed a full and unconditional pardon for Ross Ulbricht, who operated the dark web marketplace Silk Road. I just called the mother of Ross William Ulbricht to let her know that in honor of her and the Libertarian Movement, which supported me so strongly, it was my
On Jan. 21, Ethereum co-founder Vitalik Buterin firmly asserted his sole authority over Ethereum Foundation leadership decisions, stating that it will remain until reforms establish a proper board. The person deciding the new EF leadership team is me. One of the goals of the ongoing reform is to give the EF a proper board, but
The U.S. President has finally addressed the explosive success of his Official Trump (TRUMP) meme coin, admitting that he wasnt involved much in the project beyond launching it. The Solana-based token, touted as the fastest-growing meme coin in history, initially skyrocketed to a $15 billion market cap over the weekend before dropping to around $8
After the recent enhanced volatility across the entire crypto market, bitcoin’s price has finally calmed and stands still at around $105,000. Many altcoins have recovered some ground following yesterday’s declines, and the total market cap is close to $3.8 trillion. The primary cryptocurrency jumped past $100,000 at the end of the previous business week and
Deaton is a Massachusetts attorney who made a big name for himself in crypto markets after founding CryptoLaw. It’s a crypto news website with an extensive library of official documents related to cryptocurrency cases in US courts. The crypto activist recently warned that meme coins like the new TRUMP tokens that have been going around
Justin Sun has revealed a plan that could reshape Ethereums ecosystem and push the price of its native cryptocurrency to $10,000. The Tron founder outlined how, if in charge, he would manage the Ethereum Foundation (EF) and the Ethereum network. According to a January 22 post on X, the plan begins with an immediate halt
The current bull market has seen top alternative cryptocurrencies, except Ethereum, shine, and now, ETH holders are becoming frustrated. Market sentiment signals extreme negativity among the Ethereum community, and the crypto projects slumping market cap growth is not helping matters. Compared to other assets like Ripple (XRP) and Solana (SOL), whose market capitalizations have grown
Coinbase CEO Brian Armstrong has revealed that the exchange could be forced to delist USDT to comply with potential new regulations. Armstrong was discussing the possible impact of new rules that could require stablecoin issuers to back their tokens entirely with U.S. Treasury bonds and undergo periodic audits to ensure transparency and financial integrity. The
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