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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
Jan 24, 2025
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
Jan 24, 2025
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
Jan 23, 2025
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
Jan 23, 2025
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
Jan 23, 2025
$IVANKA token is fake, warns Ivanka Trump in X post
Ivanka Trump, US President Donald Trump’s daughter, on Thursday, issued an advisory regarding meme coin trading in the market. She warned and distanced herself from a fake crypto token named “$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
Jan 23, 2025
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
Jan 23, 2025
Solana Compresses Near Previous ATH – Gearing Up For The Next Leg Higher?
Solana (SOL) has been riding a wave of volatility, recently hitting a new all-time high of $295 before dropping over 22% amid market fluctuations. Despite this sharp correction, SOL has shown resilience by recovering much of its losses, leaving investors optimistic about its potential for further ga...NewsBTC
Jan 23, 2025
Ross Ulbricht Is A Millionaire Straight Out Of Prison? On-Chain Sleuths Find $44 Million In Bitcoin Wallets Linked To Him
The recently pardoned Ross Ulbricht, the founder of the dark web marketplace Silk Road, looks to still hold millions of dollars in Bitcoin. This comes following the revelation of wallets linked to the Silk Road founder, containing coins that remained untouched while he was in prison. Ross Ulbricht R...Bitcoinist
Jan 23, 2025
Donald Trump at Davos – DJT promises to make US the world capital of AI and crypto
President Donald Trump has doubled down on his commitment to make the United States as the global leader in both artificial intelligence (AI) and crypto. Speaking before world leaders at the World Economic Forum in Davos, Trump also vowed to restore the country to its previous stature as a manufacturing superpower. The US President’s remarks […]Cryptopolitan
Jan 23, 2025
Top crypto exchanges double trading volume in Q4, reaching $6.4 trillion
The top ten centralized crypto exchanges (CEXs) recorded a 111.7% increase in their trading volume for Q4 of 2024, finishing the last quarter with an overall trading volume of $6.4 trillion. Crypto data aggregator CoinGecko disclosed this in its latest report analyzing the performance of CEXs. According to the report, eight of the top ten […]Cryptopolitan
Jan 23, 2025
Ethereum Price Forecast: ETH recovery imminent with Etherealize launch as Pectra upgrade slated for March 11
Ethereum (ETH) trades near $3,200 as positive sentiment is slowly returning into its ecosystem with the launch of Etherealize and anticipation surrounding the potential March 11 Pectra mainnet upgrade.Fxstreet
Jan 23, 2025
Morgan Stanley’s CEO to work with U.S. regulators to explore more options in crypto
Banking institution Morgan Stanley’s CEO Ted Pick commented in the World Economic Forum annual meeting in Davos that the bank was ready to work with financial regulators to explore options for greater involvement in crypto.Cryptopolitan
Jan 23, 2025
The rise of hacks and fraudulent coin scams
Cryptocurrency-related hacks and scams continue to surge, with billions in losses recorded. In 2024, the industry was estimated to have lost more than $3 billion to cybercrimes, up from $2.61 billion in 2023. This can be attributed to the increased valuation of cryptocurrencies, especially after Bitcoin hit $100,000 for the first time. There is no […]Cryptopolitan
Jan 23, 2025
