News
Important Only
Wall Street regulator revokes accounting guidance on crypto assets
Jan 23 (Reuters) - The U.S. Securities and Exchange Commission (SEC) rescinded on Thursday accounting guidance long opposed by the cryptocurrency industry, an early move in President Donald Trump's pivot away from the policies of the prior administration and a win for the crypto sector.In a noti...Reuters
Fri, Jan 24
Solana Will Topple NYSE And NASDAQ, Predicts Investment Firm
An ambitious new investment thesis from crypto-focused venture firm Multicoin Capital claims that Solana—currently a dominant $100 billion blockchain ecosystem—could eventually “outperform the major traditional finance (TradFi) players,” including NYSE, NASDAQ, and CME.
Shiba Inu Burn Rate Sees Major 600% Jump In Only 24 Hours, Will SHIB Price Follow Suit?
On-chain data has unveiled an impressive surge in the Shiba Inu burn rate, skyrocketing by more than 600% in just one day. This sharp rise in token burns indicates a growing interest in decreasing the overall supply of SHIB. Moreover, it has raised the possibility that the SHIB price could follow su...NewsBTC
Fri, Jan 24
President Trump says he will force the Federal Reserve to cut interest rates “immediately”
While speaking at the World Economic Forum at Davos on Jan. 23rd, president Donald Trump announced plans to force the Federal Reserve into cutting interest rates without delay, escalating what will likely become a renewed battle with the central bank. “I’ll demand that interest rates drop immediately,” Trump said. “And likewise, they should be dropping […]Cryptopolitan
Fri, Jan 24
President Trump signs an executive order for a national Bitcoin strategic reserve
The ‘crypto president’ has delivered on yet another promise he made to the industry. In an iconic display of loyalty on Jan. 23rd, 2025, Mr. Donald Trump signed an executive order to create a national Bitcoin strategic reserve.
SEC officially rescinds anti-crypto SAB 121
Today, the Securities and Exchange Commission (SEC) has pulled the plug on Staff Accounting Bulletin No. 121 (SAB 121), a rule that had tied crypto companies in regulatory knots since 2022. This decision, announced through Staff Accounting Bulletin No. 122 (SAB 122) on January 23, removes the controversial guidance that forced platforms to account for […]Cryptopolitan
Fri, Jan 24
Ripple CEO responds to accusations of lobbying against Bitcoin reserve
Ripple CEO Brad Garlinghouse has come out to debunk the allegations of the company lobbying against Bitcoin in a recent post on X. Garlinghouse said that it is not Ripple’s intention to hinder the creation of the Bitcoin reserve but rather support a strategic reserve of cryptocurrencies which may...Why Dogecoin Is Plummeting This Week
The cryptocurrency Dogecoin (CRYPTO: DOGE) saw its value sink this week. The meme coin is trading 15.5% lower as of 4:40 p.m. ET on Jan. 23 but was down as much as 17.5% earlier in the week. The slump comes as the S&P 500 gained 2% and the Nasdaq 100 gained 2.1% on the week.Vitalik Buterin warns against political coins, cites risks of political bribery
The co-founder of Ethereum, Vitalik Buterin, has expressed his concerns over the increasing number of political tokens and their potential use as a tool for bribery. In his recent post, Buterin pointed out the possible adverse effects of such tokens particularly when they are linked to powerful...
Cryptopolitan
Fri, Jan 24
Bitcoin Price Likely To Fluctuate Between $100,000 And $110,000 Until FOMC Meeting, Says Analyst
After a flash crash to $89,256 earlier this month, Bitcoin (BTC) made a swift recovery, reaching a new all-time high (ATH) of $108,786 on January 20. However, according to a crypto analyst, further upside could be limited until the Federal Open Market Committee (FOMC) meeting later this month. Bitco...NewsBTC
Thu, Jan 23
Uber’s CEO argues that AI mistakes should be acceptable
Uber’s CEO Dara Khosrowshahi joined other tech leaders at the World Economic Forum in Davos, Switzerland, this week. At the event, he made an argument for the role of AI in the innovation of the transportation industry. During a panel discussion at the World Economic Forum, Khosrowshahi addressed the role of artificial intelligence in the […]Cryptopolitan
Thu, Jan 23
ByteDance plans to pump $20bn capex mostly into AI as it defends its AI lead in China
Chinese ByteDance reportedly plans a $20 billion capital expenditure in 2025, mainly targeting AI as the tech giant seeks to defend its AI lead back home. Sources who spoke to Reuters revealed the TikTok owner will pump a significant chunk of the total money (150 billion yuan or $20 billion) abroad into AI infrastructure development. […]Cryptopolitan
Thu, Jan 23
$IVANKA token is fake, warns Ivanka Trump in X post
Ivanka Trump, US President Donald Trump’s daughter, on Thursday, issued an advisory regarding meme coin trading in the market. She warned and distanced herself from a fake crypto token named “$IVANKA.” She had pointed out having no involvement with the token and called it deceptive. This comes in when President Trump and First Lady Melania […]Cryptopolitan
Thu, Jan 23
Novogratz labels AI as the new arms race amidst $500 billion infrastructure push
Mike Novogratz, the CEO of Galaxy Digital, has recently said that artificial intelligence is ‘the new arms race’ following the recent launch of The Stargate Project. The project, led by OpenAI and supported by leading companies like SoftBank, Oracle, and the UAE’s MGX, has attracted $100bn investments. The consortium has committed a record $500 billion […]Cryptopolitan
Thu, Jan 23
