Gensler Suggests Bitcoin’s Unique Potential Amid SEC Transition and Regulatory Scrutiny

The post Gensler Suggests Bitcoin’s Unique Potential Amid SEC Transition and Regulatory Scrutiny appeared on BitcoinEthereumNews.com. In a defining moment of his tenure, SEC Chair Gary Gensler emphasized Bitcoin’s unique positioning as a distinct asset class, diverging it from other cryptocurrencies. Gensler’s statements reflect a broader skepticism toward many cryptocurrencies, suggesting that they lack the […]

There will be no interest rate cuts by the Federal Reserve this year

The post There will be no interest rate cuts by the Federal Reserve this year appeared on BitcoinEthereumNews.com. Forget about rate cuts this year. The Federal Reserve is not budging, no matter how much Wall Street begs for a break. Inflation is being stubborn, the labor market refuses to chill, and the government is racking […]

Potential For Dogecoin Breakout As Market Patterns Emerge

The post Potential For Dogecoin Breakout As Market Patterns Emerge appeared on BitcoinEthereumNews.com. Dogecoin (DOGE) is making headlines as it displays resilience amidst market fluctuations, hinting at a potential breakout in early 2025. With key technical indicators aligning positively, numerous analysts are starting to draw parallels to DOGE’s previous bull runs, particularly the surge witnessed […]

Corporate Giants Embrace Bitcoin Investment Trends

The post Corporate Giants Embrace Bitcoin Investment Trends appeared on BitcoinEthereumNews.com. Matt Hougan, Chief Investment Officer of Bitwise, has spotlighted pivotal trends that are steering corporate adoption of Bitcoin. He asserts that the notable use of Bitcoin by MicroStrategy as a reserve asset signifies a larger movement poised for significant expansion among corporations. How is […]

USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation data

The post USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation data appeared on BitcoinEthereumNews.com. USD/CAD softens to near 1.4350 in Wednesday’s early Asian session.  US inflation is still slowing as the PPI came in below expectations in December. Higher crude oil prices support the commodity-linked Loonie.  The USD/CAD pair remains on the defensive […]

Ripple donates $100k in XRP for California wildfire relief

The post Ripple donates $100k in XRP for California wildfire relief appeared on BitcoinEthereumNews.com. Ripple has pledged $100,000 in XRP to aid recovery efforts for communities affected by the ongoing California wildfires. The donation will benefit nonprofit organizations World Central Kitchen and GiveDirectly, focusing on both immediate relief and long-term rebuilding support. The contribution, facilitated […]

The Journey of Chris Giancarlo: From CFTC to Digital Dollar

The post The Journey of Chris Giancarlo: From CFTC to Digital Dollar appeared on BitcoinEthereumNews.com. Chris Giancarlo led the CFTC and revolutionized U.S. crypto regulation, earning the nickname “Crypto Dad.” He co-founded the Digital Dollar Project to explore a U.S. Central Bank Digital Currency and ensure financial innovation. Chris Giancarlo was born on May 12, […]

Apple, Google and Meta play the Trump card to beat back restrictive EU policies

The post Apple, Google and Meta play the Trump card to beat back restrictive EU policies appeared on BitcoinEthereumNews.com. Tech giants Apple, Google, and Meta are seeking the support of the incoming President Donald Trump to counter the European Union’s strict regulatory policies. The tech giants intend to use the incoming administration’s influence to challenge […]

USDC Circulation Grew 78% in 2024, But Still Lags Behind Tether: Circle

The post USDC Circulation Grew 78% in 2024, But Still Lags Behind Tether: Circle appeared on BitcoinEthereumNews.com. Circle’s USD Coin (USDC) saw a major increase in circulation over the last year amid an evolving regulatory landscape. According to a report shared with Decrypt by Circle, USDC circulation grew 78% year-over-year, reaching more than 500 million […]

Report: CFTC considering investigating Crypto.com for Super Bowl contract deals

The Commodity Futures Trading Commission (CFTC) is reportedly considering launching an investigation into Cryptocom’s contracts related to the Super Bowl. The regulatory body is assessing whether these contracts comply with the rules and regulations governing the trading of futures and derivatives. Cryptocom, a popular cryptocurrency exchange, has recently started offering contracts tied to the outcome […]