News
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China faces liquidity squeeze amid efforts to defend the yuan against strengthening dollar
The People’s Bank of China has increased its efforts to defend the yuan against the strengthening dollar. The efforts have resulted in a surge in funding rates that have spiked to the highest levels in the last twelve months.Cryptopolitan
Fri, Jan 17
BRIEF-US SEC Says Digital Currency Group, Former CEO Of Genesis Global Capital Settle Charges For Misleading Investors
Jan 17 (Reuters) - U.S. SEC SAYS IT CHARGES DIGITAL CURRENCY GROUP AND SOICHIRO “MICHAEL” MORO, FORMER CEO OF GENESIS GLOBAL CAPITAL, FOR MISLEADING INVESTORS ABOUT GENESIS’S FINANCIAL CONDITIONU.S. SEC: DIGITAL CURRENCY GROUP , FORMER CEO OF ITS NOW-DEFUNCT SUBSIDIARY, GENESIS GLOBAL CAPITAL WILL ...Reuters
Fri, Jan 17
FDIC Under Fire: Senator Alleges Destruction Of Operation Chokepoint 2.0 Records
There are new concerns regarding the transparency in the regulatory methods of the Federal Deposit Insurance Corporation, or FDIC, following allegations against it. Senator Cynthia Lummis of Wyoming thinks the agency sabotaged critical data related to “Operation Chokepoint 2.0,” which is...Bitcoinist
Fri, Jan 17
Ethereum Pectra upgrade set for March 2025
Ethereum Foundation developers have set early to mid-March of 2025 for the mainnet fork of the Pectra upgrade, setting the stage for the next phase of Ethereum development. The developers agreed on this tentative date at the Execution Layer meeting held on January 16. This follows the disclosure that the Pectra Devnet 5, a specialized […]Cryptopolitan
Fri, Jan 17
Billionaire Ambani’s Reliance Jio unveils JioCoin token on Polygon
Mukesh Ambani-led Reliance Jio, India’s dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio’s proprietary JioSphere browser, which allows users to earn the tokens while browsing. Earlier today, Cryptopolitan confirmed there was an update […]Cryptopolitan
Fri, Jan 17
Dogecoin Bulls Eye $3 As Whales Scoop 200 Million DOGE In The Last 2 Days
The price of Dogecoin (DOGE) is now one of the main focuses for potential price increases. Whales are said to have accumulated 200 million units of DOGE in the past 48 hours, which further excited the community. Related Reading: Expert Sees Bitcoin Dipping To $50K While Bullish Momentum Persists A S...NewsBTC
Fri, Jan 17
Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target
The market’s leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office. As of the latest data from CoinGecko, Bitcoin surged nea...NewsBTC
Fri, Jan 17
Keir Starmer says his friendship with Trump will boost US-UK trade
Prime Minister Keir Starmer claims his close relationship with President Donald Trump will secure a long-desired trade deal between the United States and the United Kingdom. Speaking to the Financial Times during a visit to Kyiv, Starmer dismissed Elon Musk’s vocal criticism of his leadership and emphasized that Trump’s presidency presented an opportunity, not a […]Cryptopolitan
Fri, Jan 17
A look at Donald Trump’s tariff team
Trump’s victory was celebrated but not by nations like China. Reason being? His tariff history and current tariff promises. Tariffs are a tool that President Trump and his team are well-acquainted with. They have used it extensively in trade negotiations with China in 2018-2019, and they were successful. Safe to say tariffs will be used […]Cryptopolitan
Fri, Jan 17
Wall Street Pepe ($WEPE) Rockets Past $50M Ongoing Presale – Investors Anticipate 100x Returns
Pepe saw a massive $800M surge in volume in a little over the last 48 hours, hinting at record-breaking institutional participation in the meme coin. Additionally, the meme market today is green across the board, with big names like Litecoin and $HBAR up by double digits – and Pepe by around 6%. Acc...Bitcoinist
Fri, Jan 17
TikTok will be removed from U.S. app stores Sunday
Just in and official. The Supreme Court has upheld the law that will effectively ban TikTok on Sunday, January 19. This is set to happen a day before Trump takes office. The decision marks the end of TikTok’s months-long legal fight against a law that essentially forces the ByteDance-owned app to shut down unless it […]Cryptopolitan
Fri, Jan 17
Dogecoin Closes Daily Candle Outside Of Falling Wedge Pattern, Why $0.41 Is The Next Important Level
Crypto analyst Kevin Capital has provided insights into the current Dogecoin price action. As part of his analysis, he highlighted the $0.41 price level as the next important level for the foremost meme coin. $0.41 The Next Important Level As Dogecoin Closes Outside Falling Wedge Pattern In an X pos...Bitcoinist
Fri, Jan 17
President Trump makes a phone call to China’s Xi for the first time since 2021
Donald Trump, the president-elect of the United States, finally picked up the phone to talk with China’s President Xi Jinping on Friday, their first direct exchange since he left office in 2021. And it happened just three days before Trump’s inauguration in Washington, where China’s Vice President Han Zheng is set to attend the ceremony. […]Cryptopolitan
Fri, Jan 17
Ripple (XRP) & Solana (SOL): Sorgt das für eine massive Kursexplosion?
Diese Nachricht kam völlig unerwartet, doch für die Kursentwicklung von Ripple (XRP) und Solana (SOL) könnte sie wirklich alles verändern. Doch was genau ist hier passiert? Und dürfen sich Anleger bald auf einen massiven Kursanstieg freuen? Sorgt das für eine massive Kursexplosion bei Ripple (XRP) u...Bitcoinist
Fri, Jan 17
XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue
The XRP price has rallied to its all-time high (ATH) of $3.4, sparking bullish sentiment in the XRP community. This price surge is due to bullish fundamentals, including Donald Trump’s receptiveness to a crypto reserve that would include the coin. Factors Behind The XRP Rally To Its ATH CoinMarketCa...NewsBTC
Fri, Jan 17
Treasury Secretary Scott Bessent says America’s national debt is a disaster
During his Senate confirmation hearing on Thursday, Scott Bessent, President Donald Trump’s pick for Treasury Secretary, called the national debt “a disaster” and pointed to the country’s budget deficit, now more than 6% of GDP, as something rarely seen outside of wartime or a major economic crisis. Scott warned senators that the Treasury’s borrowing power, […]Cryptopolitan
Fri, Jan 17
PumpFun Corp sued in NY court for alleged pump-and-dump schemes
PumpFun Corp is facing allegations of running cryptocurrency pump-and-dump schemes. On Thursday, Kendall Carnahan, CEO of Sooner Payments, filed a lawsuit in a New York court, accusing the company of working alongside influencers to issue unregistered securities, described as Ponzi schemes. Carnahan, the lead plaintiff in the case, and his attorneys claim that Pump.fun’s-launched PNUT […]Cryptopolitan
Fri, Jan 17
