The US Senate has confirmed Donald Trump’s pick for US Treasury secretary, billionaire hedge fund manager Scott Bessent.On Jan. 27, the Senate voted 68 to 29 to confirm Besset, with 16 Democrats supporting the nomination.Ripple CEO Brad Garlinghouse

Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Et

Tuttle Capital has filed for ten crypto-based leveraged exchange-traded funds (ETFs), including some for popular memecoins, with analysts saying issuers are testing the limits of Trump-appointed crypto-friendly regulators.Tuttle’s proposed ETFs inclu

Brad Garlinghouse, CEO of crypto company Ripple Labs, supports the idea of a U.S. digital asset reserve encompassing multiple tokens and not just bitcoin or XRP."I own XRP, BTC, and ETH, among a handful of others – we live in a multichain world, and

The U.S. Senate has confirmed pro-crypto Scott Bessent as the new Treasury secretary, who will succeed Janet Yellen. The confirmation was made in a Senate vote on Monday, where 68 voted for Bessent against 29. Last November, Trump nominated the billi

Arthur Hayes predicted a dramatic crash in Bitcoin’s value but claimed that it would rebound to a new all-time high by the end of the year.The majority of his arguments were unrelated to today’s DeepSeek-related market turmoil, but he claimed that th

Apple, Meta and Amazon were the only three “magnificent seven” tech stocks that withstood a wide market rout amid panic over Chinese artificial intelligence firm DeepSeek’s latest model, which supposedly rivals OpenAI’s ChatGPT.Apple (APPL) closed up

Today in crypto, MicroStrategy is raising additional capital for Bitcoin acquisitions, DeepSeek’s launch rattles tech stocks and Bitcoin’s price, and a group of Ethereum leaders has pledged to a new scaling strategy.MicroStrategy proposes 2.5M share

Tuttle Capital Management filed Monday afternoon for 10 different leveraged crypto exchange-traded funds, including the newly-launched memecoins from U.S. President Donald Trump and First Lady Melania Trump.Tuttle filed for 2x leveraged funds to trac

Bitcoin price witnessed a sharp decline of 7.13% toward the tail end on Jan. 26 to the early hours on Jan. 27, dropping under $100,000 for the first time since Donald Trump became the 47th US president. Since then, the crypto asset has teased a posi

Blockchain payments firm Ripple Labs said it had secured money transmitter licenses in the US states of Texas and New York.In a Jan. 27 notice, Ripple said financial regulators in Texas and New York had approved money transmitter licenses for the pay

Tuttle Capital Management (TCM) has filed for ten different leveraged crypto ETFs in the United States, signaling an increasing interest from asset managers in leveraging cryptocurrencies and memecoins as viable investment vehicles.Tuttle Capital’s C

Malicious “DeepSeek” crypto tokens have surged over the past 24 hours as the Chinese AI company goes viral.According to data from security firm BlockAid, at least 75 scam tokens were created as of Jan. 27, representing a threefold jump from the previ

Amid a bloody start to the week in crypto markets, which saw liquidations near monthly highs as various major tokens dropped by double-digit percentages, the native token of Solana-based DEX aggregator Jupiter is defying the trend over a new buyback

With his U.S. Senate confirmation behind him, Scott Bessent is in place to be the top financial official of President Donald Trump's administration, where he'll be among those fulfilling the crypto directives already set out by the president last wee

By Frances Yue Bitcoin on Monday briefly fell below the $100,000 level for the first time in a week, as Chinese startup DeepSeek raised the prospect of cheaper artificial-intelligence models, sparking a tech selloff and weighing on broader i

For weeks, Ripple’s XRP has been on a tear, breaking key price metrics which allowed it to solidify its standing as one of the industry’s biggest cryptos. For most of 2024, XRP has been on a sideways movement, trading at the $0.50 level. But then Tru

The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. With both traditional and crypto markets in turmoil following the release of the Chinese free and ope

The High Court of Singapore has approved the restructuring plan for crypto exchange WazirX, allowing the platform to repay its customers after it was hacked for $235 million in July 2024. WazirX has estimated that users could recover up to 80% of the

Elon Musk, picked by President Donald Trump to lead the new Department of Government Efficiency, proposed using blockchain technology as part of the operation, Bloomberg reported.Musk suggested that using a digital ledger would be a cost-efficient wa