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Bitcoin price remains on a strong upward trajectory, currently trading around $100,860 and reaching an intra-day high of $102,577. This growth reflects broader market bullishness and increased institutional interest in Bitcoin as a financial asset. Key drivers include MicroStrategy’s inclusion in the Nasdaq-100 and global discussions on national Bitcoin reserves. Moreover, Japan is considering creating…
Sui, a Layer-1 blockchain, has announced a strategic partnership with Ant Digital, the technology arm of China’s Ant Group, to tokenize real-world assets (RWAs) with a focus on environmental, social, and governance (ESG) assets. The first tokenized assets, referred to as “notes,” will be linked to a Chinese solar material manufacturer listed among the Fortune…
The Republican Party is preparing to introduce a comprehensive crypto market structure bill within the first 100 days of the upcoming legislative session, according to Representative French Hill. Speaking on CNBC, Hill emphasized the urgent need for regulatory clarity in the U.S. crypto market, calling it a “top priority” for the GOP. Hill revealed that…
Coinbase is facing a $1 billion lawsuit from BiT Global Digital Limited over its decision to delist Wrapped Bitcoin (wBTC). The Hong Kong-based exchange claims that Coinbase’s move was a deliberate attempt to monopolize the market and promote its own rival product, cbBTC. Filed on December 13 in the Northern District of California, the lawsuit…
Key Takeaways: Donald Trump recently nominated Paul Atkins to replace Gary Gensler as SEC Chair. The veteran lawyer is expected to create a clear set of rules to govern crypto assets. Analysts also expect Atkins to prioritize investor protection. Donald Trump recently picked Paul Atkins as the next Chairman of the U.S. Securities and Exchange…
Solana (SOL) is trading at $226.74, up nearly 1% in the last 24 hours with a daily trading volume of $3.8 billion. Holding above the $225.95 pivot, the token is consolidating as traders eye its next move. With growing activity in decentralized applications (dApps) and non-fungible tokens (NFTs), Solana’s expanding ecosystem is boosting its utility….
As the Ethereum (ETH) price consolidates just above $3,900, traders are eyeing the possibility of a surge into the year’s end, a phenomenon referred to as a “Santa Rally”. From a technical perspective, Ethereum is looking good right now, sitting above all of its major moving averages and still in a clear uptrend. However, resistance…
Asset management firm VanEck forecasts a massive bull run for cryptocurrencies. It predicts Bitcoin will reach as high as $180K, and other major digital assets will reach record highs by the end of 2025. The firm projected in a December 13 blog post that the cryptocurrency bull market will experience a “medium-term peak” in the…
Bitwise Chief Investment Officer Matthew Hougan Hougan outlined on December 13 key developments he believes signal Bitcoin’s potential rise to $1 million. In a recent social media post, Hougan highlighted several milestones, including BlackRock’s endorsement of a 2% portfolio allocation to Bitcoin and the record-breaking success of Bitcoin exchange-traded funds (ETFs). When bitcoin hits $1…
Rep. French Hill, a pro-crypto candidate, was elected as the new chairman of the House Financial Services Committee on December 13, giving him considerable influence over banking and financial regulations in the United States. In a recent interview with CNBC, Rep. Hill highlighted his top three priorities as he assumes the role. Hill outlined three…