Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31. Source link
Day: January 17, 2025
Coinbase CEO calls on countries to establish Bitcoin reserves
Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump. Source link
Coinbase advocates for a US government strategic Bitcoin reserve
Key Takeaways Coinbase backs the idea of a US Bitcoin reserve, emphasizing its role in the next global economic arms race as crypto adoption accelerates. Betting markets indicate a significant probability of Trump’s administration considering the reserve by 2026. Share this article Coinbase CEO Brian Armstrong has backed the concept of a US strategic Bitcoin reserve, detailing the initiative in a blog post shared exclusively with Axios ahead of Trump’s second inauguration. Armstrong, who leads the nation’s largest crypto exchange, emphasized Bitcoin’s role in global economic competition and urged the…
Crypto Biz: Meta’s free speech about-face isn’t what it seems
Is Mark Zuckerberg sincere about promoting free speech on his platforms or is he trying to mend political fences with the incoming Trump administration? Source link
SEC charges Digital Currency Group for misleading investors
“DCG and Moro painted a misleadingly rosy picture,” the acting director of the SEC’s enforcement division, Sanjay Wadhwa, wrote. Source link
Can Ethereum price go to $4K? ETH’s open interest surges as institutions turn bullish
ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000. Source link
Correlation between Bitcoin price and VC investment breaks down: Report
2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities. Source link
XRP hits 7-year peak amid bullish sentiment, FTX plans payouts: Finance Redefined
FTX’s $1.2 billion repayment is seen as a significant liquidity event for the industry that may bolster cryptocurrency valuations. Source link
One SEC commissioner down before Trump’s term — Gary Gensler is next
As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration. Source link
Crypto.com gets EU nod on MiCA license
Once finalized, the license will let Crypto.com operate across the EU under a unified regulatory framework. Source link