Category : Finance Magnates

Finance Magnates

Coinbase Seeks Federal Court Guidance in Landmark Crypto Case

Coinbase has petitioned the Second Circuit Court of Appeals to determine whether trades on its platform fall under federal securities laws. This important legal battle seeks to provide the much-needed clarity for the multi-trillion-dollar crypto indu...

Bitcoin, Ethereum, and XRP: Market Reacts as SEC Unveils Crypto Task Force

The prices of the top three cryptocurrency held steady today (Wednesday) after the US Securities and Exchange Commission (SEC) announced a groundbreaking initiative to bring clarity to crypto regulations under President Trump’s administration. At the...

Now It’s Personal! Crypto Bets Big on Trump's Return

On March 28th, 2023, Flagstar Bank, the acquirer of Signature Bank, informed my company that they would not be assuming our bank account. They also closed accounts unrelated to crypto that I had set up for my family. Fluence was just one of many de-b...

Crypto.com Targets Corporations: Launches Institutional Exchange in the US

Crypto.com, a major global cryptocurrency exchange, has expanded its presence in the United States with the launch of institutional services.Institutional Crypto Exchange in the USAnnounced yesterday (Tuesday), the exchange will operate under the bra...

Ross Ulbricht: Trump Pardons Silk Road Founder in Landmark Crypto Case

U.S. President Donald Trump granted a full and unconditional pardon to Ross Ulbricht, the founder of the infamous darknet marketplace Silk Road, who had been serving multiple life sentences for operating the platform that facilitated over $200 millio...

Dogecoin Surges 13% as DOGE Department Launches Official .gov Website

Dogecoin (DOGE) saw a 13% price increase in just 15 minutes today (Tuesday) after the official website of the US Government Efficiency Department (DOGE) was launched. This surge broke its short-term downtrend.DOGE Department’s Website Boosts Dogecoin...

Will Solana (SOL) Reach $1000? Positive Momentum Faces Test Beyond Meme Hype

Solana (SOL) hit a price resistance level and is currently on a retracement after benefiting from the Trump meme coin frenzy. Although the price is retracing, technical indicators show positive momentum. According to TradingView, SOL hit a resistance...

Will Litecoin Go Up? LTC Price Prediction for 2025 Threatened by Double Top Pattern

After a 40% increase in 2024, Litecoin (LTC) remains overshadowed by Bitcoin (BTC). While Bitcoin is testing new all-time highs (ATH) this week, Litecoin seems largely unaffected. Moreover, technical analysis indicates that Litecoin's price could pot...

This Bitcoin Wall Street Miner's CEO Departs, Company Posts $6.3 Million Loss

The publicly listed Bitcoin (BTC) miner from Wall Street (NYSE: ARBK) and London (LSE: ARB) Argo Blockchain plc announced today (Tuesday) that Chief Executive Officer Thomas Chippas will step down from his position and board directorship, effective F...

ESMA Sets Deadline for Crypto Firms to Align with MiCA Stablecoin Rules

The European Securities and Markets Authority (ESMA) has set strict deadlines for crypto firms to act against non-compliant stablecoins under the new Markets in Crypto-Assets Regulation (MiCA). In an official statement, ESMA urged crypto asset servic...

Dogecoin (DOGE) Price Prediction: Political Backing Raises Hopes for Rally

Dogecoin’s recent surge in whale activity has sparked speculation that the meme coin could be on the verge of a major rally. In the past day alone, DOGE trading volumes soared nearly 20%. This increased demand and reduced circulating supply could pav...

An Open Letter to Trump: How to Secure America’s Crypto Leadership

As Donald Trump prepares to take the oath of office and return to the White House, the world is watching with anticipation. His presidency begins at a time of immense economic transformation, with one of the most significant forces shaping the future...

Why is XRP Going Up? Binance Receives 40 Million XRP in Crypto Transfer

Whale Alert, a service tracking significant cryptocurrency transfers, reported a large XRP transaction involving Binance. The monitoring platform revealed that 40,000,000 XRP, valued at approximately $124,788,255, was deposited into Binance. The tran...

Gemini Selects Malta as Hub for MiCA Framework

Gemini, the crypto exchange backed by the Winklevoss twins, has obtained a new license in Malta, which will also serve as its hub for the Markets in Crypto-Assets (MiCA) framework, the company announced today (Monday).Malta Is Emerging as a MiCA HubT...

KuCoin Lists TRUMP Crypto Token and Taps Legal Chief for CEO

Cryptocurrency exchange KuCoin appointed BC Wong as its new Chief Executive Officer and launched trading for the Official Trump (TRUMP) token on its spot trading platform.KuCoin Names Wong CEO as Exchange Pushes Global ExpansionBC Wong, previously se...

Why Is Bitcoin Up? BTC Price Tests New ATH Ahead of Donald Trump’s Inauguration

Bitcoin (BTC) price surged to an unprecedented, new all-time high (ATH) of $109,350 early Monday, January 20, 2025, as cryptocurrency markets rallied hours before Donald Trump's scheduled inauguration as the 47th President of the United States.In the...

Melania Trump Launches $MELANIA Meme Coin Amid $TRUMP Coin Drama

From crypto chaos to meme coin madness, the Melania Trump and her husband, the US President elect, are taking their digital ambitions to the blockchain—and the market is watching.First Lady Goes Crypto: $MELANIA Takes Center StageThe blockchain world...

Crypto.com Expands EU Services with In-Principle MiCA License from MFSA

Crypto.com has announced securing an in-principle Markets in Crypto-Assets (MiCA) license from the Malta Financial Services Authority (MFSA). It has become the first major global crypto asset service provider to achieve this milestone.Full regulatory...

Germany’s Boerse Stuttgart Digital Secures MiCA Approval for EU Crypto Expansion

Germany granted one of its first MiCA license to Boerse Stuttgart Digital. The approval now positions the stock exchange’s digital unit as an important player in the European Union’s evolving crypto ecosystem. The license, issued by Germany’s financi...

Why Ripple (XRP) is Going Up Today: Price Nears 2018 All-Time High

XRP, Ripple’s flagship token, shows bullish momentum in its technical and fundamental aspects. This trend reflects a positive policy change under the new US administration, and XRP may be on the brink of a historic breakout.At the time of publication...

Binance Expands in Uzbekistan with Local Currency Deposits and Withdrawals

Binance has received authorization to operate in Uzbekistan through a partnership with COINPAY LLC. This collaboration allows Binance to use COINPAY's official platform, coinpay.uz, to provide services in the country.Binance Enhances Services with Lo...

Crypto Market Maker Wintermute Sees Record $2.24 Billion Daily Trading Volume

The cryptocurrency market maker Wintermute revealed interesting growth numbers in over-the-counter (OTC) trading volumes during 2024, signaling an important shift in institutional cryptocurrency adoption that's expected to accelerate through 2025.Win...

South Korea's Crypto Exchange Upbit Faces Suspension Over KYC Violations

South Korea's top cryptocurrency exchange, Upbit, is facing a regulatory storm. Accused of breaching Know Your Customer (KYC) obligations, the platform faces a suspension that could bar it from registering new users for six months. According to local...

Coinbase Expands US Services with Bitcoin-Backed Loans of Up to $100K

Coinbase now allows US customers to borrow up to $100,000 in USDC using Bitcoin as collateral, the exchange announced today (Thursday). This offering is in collaboration with Morpho, a lending protocol on Coinbase's Base network. This service offers...

Why Litecoin (LTC) is Up: Price Soars 18% on ETF Speculation

Litecoin, a cryptocurrency created based on the Bitcoin protocol, has posted a strong performance in the past day and week, respectively. The surging gains was potentially boosted by excitement over an exchange-traded fund (ETF) approval. At the tim...

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