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XRP Surges to $0.80, Up 39%, as SEC Chair Gensler Hints at Resignation
Markets

XRP Surges to $0.80, Up 39%, as SEC Chair Gensler Hints at Resignation

XRP, the cryptocurrency associated with Ripple, has experienced a significant surge in value
Tether Launches Hadron Platform as a Service to Simplify Asset Tokenization
DeFi

Tether Launches Hadron Platform as a Service to Simplify Asset Tokenization

Tether, the largest stablecoin issuer, has launched a new platform as a service called Hadron aimed at simplifying the process of asset tokenization
Bitwise Files Form 19b-4 to List $1.3B Crypto Index Fund BITW as ETP on NYSE Arca, Includes BTC and SOL
TradFi & Fintech

Bitwise Files Form 19b-4 to List $1.3B Crypto Index Fund BITW as ETP on NYSE Arca, Includes BTC and SOL

Bitwise Asset Management has announced that NYSE Arca has filed to list the Bitwise 10 Crypto Index Fund (BITW) as an Exchange-Traded Product (ETP)
Ilya Lichtenstein Sentenced to 60 Months for Laundering Bitfinex Funds
Regulation & Politics

Ilya Lichtenstein Sentenced to 60 Months for Laundering Bitfinex Funds

Ilya Lichtenstein, also known as 'Razzlekhan', has been sentenced to 60 months (five years) in prison for laundering funds from the Bitfinex hack, one of the largest Bitcoin heists in history
MicroStrategy's Bitcoin Holdings Reach $24 Billion with 27,200 BTC; Saylor Plans $42 Billion Raise Before 2-3 Years
Markets

MicroStrategy's Bitcoin Holdings Reach $24 Billion with 27,200 BTC; Saylor Plans $42 Billion Raise Before 2-3 Years

MicroStrategy's Bitcoin holdings have reached $24 billion following the acquisition of 27,200 BTC, solidifying its status as the largest corporate Bitcoin holder
Coinbase Acquires Utopia Labs to Enhance Stablecoin Payments on Base Layer 2
CeFi

Coinbase Acquires Utopia Labs to Enhance Stablecoin Payments on Base Layer 2

Coinbase has acquired Utopia Labs, a stablecoin payment processor, in a strategic move to enhance its on-chain payments capabilities
Elon Musk Calls Dogecoin's Flat Inflation a Feature, Not a Bug; $DOGE Inflation Decreases
People

Elon Musk Calls Dogecoin's Flat Inflation a Feature, Not a Bug; $DOGE Inflation Decreases

Elon Musk, the Chief DOGE Officer, has publicly stated that he believes Dogecoin's flat inflation rate, which results in a decreasing percentage of inflation, is a feature rather than a flaw
Bitcoin Nears $100,000 with 76% Odds Before Christmas
Markets

Bitcoin Nears $100,000 with 76% Odds Before Christmas

Bitcoin has surged to new all-time highs, reaching $93,000, with market sentiment increasingly bullish on the cryptocurrency reaching $100,000 before the end of 2024
Mike Novogratz: Bitcoin Could Hit $500,000 If Strategic Reserve Established Despite Low Probability
People

Mike Novogratz: Bitcoin Could Hit $500,000 If Strategic Reserve Established Despite Low Probability

Mike Novogratz has stated that Bitcoin could reach $500,000 if a strategic reserve is established
Bitcoin Surpasses Saudi Aramco, Now Worth Over $1.8 Trillion
Markets

Bitcoin Surpasses Saudi Aramco, Now Worth Over $1.8 Trillion

Bitcoin has surpassed Saudi Aramco to become the 7th most valuable asset in the world by market cap