It’s been a historic week in the cryptocurrency market! Even though the prices don’t exactly reflect it on a seven-day scale, a lot has happened on the macro level that could pave the way for a longer-term progress that was much-desired. That said, t
Andreessen Horowitz, the Silicon Valley venture capital firm with a huge footprint in web3, is pulling back from a trumpeted expansion into the UK, according to a report from the Financial Times on Friday. Andreessen Horowitz Chief Operating Officer
TL;DRIs $10 Possible?Ripple’s XRP has been flying high ever sinceDonald Trump’s victoryin the US presidential elections. Prior to the vote, the asset’s price hovered around $0.50, but currently, it is worth $3.20 (per CoinGecko’s data). This represen
Bitcoin, along with U.S. equity indices, has responded more measuredly this time compared to the fallout from the Bank of Japan’s rate hike in late July 2024.The BoJ’s latest decision to raise its short-term policy rate by 25 basis points (bps) to 0.
1235 GMT - Treasury prices have risen recently, taking yields lower, but this might not last due to looming prospects of U.S. President Trump implementing hefty trade tariffs on imports, LBBW analysts say in a note. "The sword of Damocles of an all-o
Today in crypto, a new report by The Wall Street Journal claims MicroStrategy may have to pay taxes on its unrealized Bitcoin gains, the US Securities and Exchange Commission has rescinded the controversial crypto accounting rule SAB 121, and Donald
What was SAB 121? The Staff Accounting Bulletin (SAB) 121 rule was introduced by the SEC in March 2022 as part of its efforts to regulate cryptocurrency custody. It required financial institutions to list any crypto assets they held on behalf of cu
TL;DRETH Has Finally Flexed MusclesEthereum (ETH) remains the second-largest cryptocurrency in terms of market capitalization, but throughout this bull cycle, it has failed (so far) to impress the community. And while Bitcoin (BTC), Solana (SOL), and
By Elsa OhlenBitcoin, XRP and other digital assets rose early Friday, but failed to reach new highs despite fresh crypto friendly moves by President Trump.The world's largest digital coin, Bitcoin, is up 0.1% over the past 24 hours to $105,237, accor
DUBAI, United Arab Emirates, Jan. 24, 2025 (GLOBE NEWSWIRE) — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to launch Bybit Pay, an innovative payment platform designed to seamlessly connect traditional fin
Crypto markets steadied on Friday, still holding below recent highs even after President Donald Trump ordered the creation of a new working group, tasked with proposing new crypto rules and exploring the possibility of a U.S. cryptocurrency s
Crypto venture capital (VC) funding is expected to recover this year as regulatory clarity and more crypto-friendly policies emerge during the tenure of President Donald Trump, JPMorgan said in a research report Wednesday.The Wall Street bank noted
TL;DRDOGE on the SpotlightThe biggest meme coin drew the crypto community’s attention on January 21, when its price experienced a double-digit spike in a matter of minutes. The rally was fueled by the newly established Department of Government Effici
The US Securities and Exchange Commission rescinded Staff Accounting Bullet 121 (SAB 121), which had asked financial firms holding crypto to record it as a liability on their balance sheets, reigniting debates over Bitcoin custody within the crypto c
Bitcoin circled $105,000 on Jan. 24 as “utterly confused” crypto markets failed to rally on news of a potential US buying spree.Bitcoin, crypto limp as US ditches “disastrous” red tapeData from Cointelegraph Markets Pro and TradingView showed whipsa
1050 GMT - Bitcoin edges higher but is below the record high reached at the start of the week as it struggles for renewed momentum. The cryptocurrency has consolidated some of its gains from earlier in the week even after U.S. President Donald Trump
US President Donald Trump signed an executive order to end some banking challenges for Web3 companies and create clearer regulations for digital assets.The executive order created a working group on digital asset markets tasked with finding ways to p
US President Donald Trump has issued an executive order establishing the Presidential working group on digital asset markets.The move signals progress on some key commitments, such as halting federal efforts toward CBDCs and granting high-profile par
By Elsa OhlenBitcoin, XRP and other digital assets rose early Friday, but failed to reach new highs despite fresh crypto friendly moves by President Trump.The world's largest digital coin, Bitcoin, is up 3.6% over the past 24 hours to $105,413, accor
Crypto markets will witness nearly $4 billion worth of Bitcoin and Ethereum options expire today.Market watchers are particularly attentive to this event due to its potential to influence short-term trends through the volume of contracts and their