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SEC Chair Gary Gensler Predicts Thousands of Crypto Failures: A Ticking Time Bomb - Crypto-News.net
Gary Gensler, SEC Chair, warns that thousands of crypto projects are likely to fail, citing their speculative nature and lack of solid foundation. SEC Chair’s Dire Crypto Warning: Thousands Will Fail Gary Gensler, the outgoing chair of the U.S. Securities and Exchange Commission (SEC), has issued a stark warning about the cryptocurrency industry, predicting widespread…
Trump’s First-Day Executive Orders Signal Major Crypto Policy Shift in 2025 - Crypto-News.net
Trump’s first-day executive orders aim to dismantle Biden’s crypto policies, including SAB 121. Learn how this shift may redefine U.S. cryptocurrency regulation. The Trump administration reportedly plans to issue executive orders on its first day in office to dismantle Biden-era cryptocurrency regulations, signaling a shift in U.S. crypto policy. Key Crypto Regulations in Crosshairs According…
SEC Delays Decision on Bitwise 10 Crypto Index ETF Until March 2025 - Crypto-News.net
The SEC has postponed its decision on the Bitwise 10 Crypto Index ETF until March 3, 2025, citing the need for a thorough review. Learn about the proposal’s implications for crypto ETF. SEC Postpones Bitwise 10 Crypto Index ETF Decision The U.S. Securities and Exchange Commission (SEC) announced a delay in its decision on the…
Alpen Labs Raises $8.5M to Drive Bitcoin ZK Rollup Strata Development - Crypto-News.net
Alpen Labs raises $8.5M to develop Strata, a Bitcoin ZK Rollup platform. Strata offers scalable self-custody, private payments, and interoperability. Alpen Labs Strategic Funding Drives Strata Development Alpen Labs, a bitcoin infrastructure innovator, has raised $8.5 million in strategic financing to accelerate the development of its Bitcoin ZK Rollup platform, Strata. The funding round was…
Robinhood Fined $45 Million by SEC for Securities Violations - Crypto-News.net
Key Takeaways: Robinhood Markets Inc. has agreed to pay $45 million in penalties to resolve allegations of securities law violations, the U.S. Securities and Exchange Commission (SEC) announced on January 13, 2025. The settlement follows a joint investigation by the SEC and the Financial Industry Regulatory Authority (FINRA) into Robinhood’s brokerage practices. The penalty addresses claims…
FDIC Vice Chairman Denounces ‘Choke Point-Like’ Tactics, Pledges Crypto-Friendly Reform - Crypto-News.net
FDIC Vice Chairman Travis Hill condemns “Choke Point-like tactics” and vows crypto-friendly reforms, urging a new direction for the agency’s approach to digital assets. FDIC Vice Chairman Calls Out ‘Choke Point-Like’ Tactics Travis Hill, Vice Chairman of the Federal Deposit Insurance Corporation (FDIC), criticized the agency’s handling of digital assets and vowed to implement reforms.…
Treasury Nominee Scott Bessent Discloses Up to $500K Stake in BlackRock Bitcoin ETF - Crypto-News.net
Treasury nominee Scott Bessent reveals up to $500K in BlackRock Bitcoin ETF investments, sparking debates about cryptocurrency’s role in U.S. economic policy. Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in BlackRock’s bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust (IBIT). This revelation, included…
Ishares Launches Bitcoin ETF on Cboe Canada, Expanding Crypto Access for Investors in 2025 - Crypto-News.net
Discover how Ishares’ Bitcoin ETF launch on Cboe Canada offers Canadian investors a simple and secure way to invest in bitcoin. Cboe Canada Welcomes Ishares Bitcoin ETF with Canadian and U.S. Dollar Listings Ishares, a subsidiary of Blackrock Asset Management Canada Limited, has officially introduced the Ishares Bitcoin ETF (IBIT) on Cboe Canada, marking a…
MicroStrategy Expands BTC Holdings with 2,530 Bitcoin Worth $243M - Crypto-News.net
Key Takeaways: MicroStrategy has announced the purchase of 2,530 bitcoins (BTC) for approximately $243 million at an average price of $95,972 per BTC, according to a company statement on January 13, 2025. Notably, the acquisition brings the firm’s total bitcoin holdings to 450,000 BTC, valued at around $28.2 billion, with an average acquisition cost of $62,691…
Thai Authorities Seize 1,000 Bitcoin Mining Rigs in $3.2M Electricity Theft - Crypto-News.net
Thai authorities seized nearly 1,000 Bitcoin mining rigs in Chon Buri province for electricity theft worth $3.2 million, uncovering tampered power meters. Law Enforcement Takes Action in Chon Buri Province Law enforcement in Thailand has seized nearly 1,000 Bitcoin mining rigs from a company accused of electricity theft, marking one of the largest crackdowns in…
Bitcoin Mining Stocks Attract Major Institutional Investments: CORZ, WULF, IREN, and HUT Lead the Pack - Crypto-News.net
Institutional investments in Bitcoin mining stocks soar in 2024, with CORZ, WULF, IREN, and HUT showing significant growth. Explore emerging trends and investor preferences. Investor Sentiment on Bitcoin Mining Stocks in 2024: A Shift in Institutional Strategy Institutional investors are increasingly betting big on Bitcoin mining stocks, with Core Scientific (CORZ), TeraWulf (WULF), Iris Energy…
Solana Faces Market Setback as New Layer-2 Project Solaxy Raises $9.3M in ICO - Crypto-News.net
Solana‘s price drops 5% as the broader crypto market faces challenges, but Solaxy’s $9.3M ICO raises investor interest with its innovative Layer-2 solutions. Solana Faces Continued Price Decline Solana’s (SOL) price has dropped 5% in the past 24 hours, falling to $190. This marks a 15% decline since Monday, erasing recent gains and signaling further…
US Senator Pledges to Reverse SEC's Crypto Policies Under Gary Gensler in 2025 - Crypto-News.net
A US senator promises to reverse SEC Chair Gary Gensler’s crypto policies, supporting a nominee advocating for innovation-friendly regulations. US Senator Pushes for Change in SEC Crypto Oversight U.S. Senator Tim Scott (R-S.C.) has vowed to address the effects of SEC Chair Gary Gensler‘s policies on cryptocurrency regulation. On January 7, Scott announced his support…
FV Bank Integrates PayPal’s PYUSD Stablecoin for Instant Cross-Border Transactions - Crypto-News.net
FV Bank now supports PayPal USD (PYUSD) stablecoin for real-time deposits and payments, simplifying global transactions with blockchain-powered solutions. FV Bank Adds PayPal USD for Real-Time Banking FV Bank, a regulated U.S.-licensed digital bank, has integrated PayPal USD (PYUSD) into its banking platform, expanding its stablecoin offerings. This integration allows users to deposit PYUSD directly…