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Senate banking committee to launch first-ever crypto subcommittee, likely led by Sen. Lummis
The U.S. is taking big steps to include cryptocurrency and financial technology in its official plans. Key leaders like Congressman Bryan Steil, who now heads the Financial Services Subcommittee on Digital Assets, and Senator Tim Scott, are leading the Senate’s first crypto-focused subcommittee. Senator Cynthia Lummis, a strong supporter of Bitcoin, is also set to […]Cryptopolitan
Jan 9, 2025
Bitcoin’s Funding Rates See Sharp Decrease, Is Market Activity Cooling Off?
Recent declines in Bitcoin’s price have been followed by negative sentiment across several on-chain metrics that are crucial in determining its next trajectory. With key metrics witnessing a decrease, there are speculations that the flagship asset might see an extended drop in its price. Marke...Bitcoinist
Jan 9, 2025
Ethereum Downswing To $2,900 Could Be A ‘Buy-The-Dip Opportunity’ – Analyst Expects Bullish Surge
Ethereum has seen a sharp 14% drop in less than two days, intensifying concerns across the crypto market during a selloff that began earlier this week. The bearish sentiment has left many investors disheartened, with Ethereum struggling to reclaim higher price levels. Frustrated by the consistent un...NewsBTC
Jan 9, 2025
Polymarket under fire for California’s wildfire market betting
Blockchain-based predictions platform Polymarket has been criticized for allowing users to bet on the Palisades wildfire in California. The wildfire, which has forced nearly 200,000 to evacuate, killed five people, and covered almost 30,000 acres, has become a subject of gambling on Polymarkets. A quick search on the platform shows that there are currently nine […]Cryptopolitan
Jan 9, 2025
Bitcoin Alert: Here’s Why The Trump Inauguration Is A ‘Buy The News’ Event
Bitcoin has fallen to a low of $92,508 on January 8 after previously hitting $102,357 on Monday, marking almost a 10% retreat in a matter of days. The immediate catalyst appears to be the January 7 spike in US Treasury yields, with the 10-year rate hitting 4.67% following an unexpectedly strong ISM ...NewsBTC
Jan 9, 2025
Dogecoin Price Is Retesting The Apex Of The Ascending Triangle, Time To Buy Or Sell?
The Dogecoin price action in the past 24 hours has been characterized by a fresh decline to retest support at $0.33. This recent decline in the past 24 hours is a continuation of the downtrend into 48 hours, which saw Dogecoin rejecting just below $0.40 after Bitcoin also rejected below $100,000 aga...Bitcoinist
Jan 9, 2025
Bitcoin mining in 2024 was a roller coaster ride
In 2024, Bitcoin mining saw big advancements and tough challenges. Miners adopted new technology, used renewable energy, and even expanded into fields like AI. However, high energy costs, stricter regulations, and illegal activities showed there’s still work to do as the industry keeps growing worldwide. The main Bitcoin mining happenings in 2024 are flagship development […]Cryptopolitan
Jan 9, 2025
Ethereum Gets Massive $12,000 Price Tag From Research Lead Ahead Of Major Upgrade
DeFi protocol Derive’s Head of Research, Dr. Sean Dawson, has provided a bullish prediction for the Ethereum price. He predicted that the second-largest crypto could rally to as high as $12,000 and explained how the Pectra upgrade could contribute to the parabolic rally. Ethereum To Reach $12,000 Th...NewsBTC
Jan 9, 2025
Gary Gensler Blasts Crypto Market On His Way Out
In an interview with David Gura on Bloomberg Markets on Wednesday, outgoing Securities and Exchange Commission (SEC) Chair Gary Gensler reviewed his tenure and the role of crypto within the US capital markets. Gensler, who has less than two weeks left in his term, remained steadfast on his stance to...Bitcoinist
Jan 9, 2025
Ethereum and Bitcoin enter a historically strong Q1 period, will markets get a boost this time?
Bitcoin (BTC) and Ethereum (ETH) are entering a period of usual bullish gains. The question remains whether the two leading assets can extend the positive results of 2024 in Q1 of 2025.Cryptopolitan
Jan 9, 2025
Thai police seize nearly 1,000 Bitcoin mining machines amid energy theft allegations
Thai authorities recently dismantled a large illegal Bitcoin mining farm in Chonburi province, seizing nearly 1,000 mining machines and uncovering an electricity theft scheme that caused massive financial losses and strained the local power grid. Recently, Thai authorities closed a criminal Bitcoin mining farm in Chonburi province, which witnessed mass cases of electricity theft and […]Cryptopolitan
Jan 9, 2025
Netherlands government in talks with Nvidia and AMD to supply hardware for a proposed AI facility
In an effort to establish a possible AI facility, the Netherlands government has gone into talks with AMD and Nvidia, the US chip makers for an agreement to supply hardware and technological knowledge at its proposed AI facility. According to the country, a potential AI supercomputing facility is part of the Netherlands’ broader strategy to […]Cryptopolitan
Jan 9, 2025
Shiba Inu Grapples With Heavy Bearish Forces: Will Support Levels Hold?
Shiba Inu finds itself at a critical juncture as bearish momentum intensifies, putting key support levels to the test. With the $0.00002045 mark under pressure, the token’s ability to maintain this level could be decisive in shaping its short-term outlook. A breach of this critical support may pave ...NewsBTC
Jan 9, 2025
Gemini exchange introduces a new leadership team for its Europe and UK operations
The Gemini exchange announced on January 8 that it would welcome a new leadership team to expand its operations in the European Union and the UK. The announcement revealed the new Head of Operations in the UK, the Head of Operations in Europe, and the General Council for the exchange’s international business, which is meant to be situated in the UK.Cryptopolitan
Jan 9, 2025
Binance’s security measures saved over $4 billion in 2024
In 2024, Binance took big steps to protect its users, stopping $4.2 billion in potential losses from scams and fraud. By working closely with global regulators and law enforcement, and improving safety features, Binance showed its commitment to making the crypto world safer and more trustworthy for its 250 million users worldwide. As early as […]Cryptopolitan
Jan 9, 2025
Funding Rates Down: Is Bitcoin Heading For A $90K Correction?
Bitcoin’s recent price fluctuations have left investors in a state of uncertainty, as the cryptocurrency has seen a dramatic decline from its peak of nearly $107,000 to around $94,550. This volatility raises essential questions about the ability of Bitcoin to maintain its rally and whether it ...NewsBTC
Jan 9, 2025
