Gary Gensler's time at the helm of the U.S. Securities and Exchange Commission (SEC) ends this Friday. The San Francisco-based blockchain company Ripple is marking the occasion with enthusiasm.

As bitcoin's valuation experiences a notable upswing, miners are deriving substantial financial advantages from an elevated hashprice—the metric denoting daily revenue earned per petahash per second (PH/s) of computational power devoted to the Bitcoin network.

Many crypto investors are worried about Bitcoin's uncertainty as the cryptocurrency experienced fluctuations in its price wherein traders saw it being traded above $100,000 and then went down below $90,000.

The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is far from over, with the SEC recently filing an appeal against the partial ruling in Ripple's favor from July 2023. This legal fight revolves around whether XRP, the digital asset associated with Ripple, should be classified as a security.

Massachusetts and Wyoming have formally introduced bills today to establish a strategic Bitcoin reserve for the state. California's state representative has also started proceedings to draft a Bitcoin-focused bill.

Is a U.S. BTC reserve part of Donald Trump presidential inauguration agenda?

A portrait of President-elect Donald Trump, created by arranging block data, has been put onto the Bitcoin blockchain by American miner MARA.

Wyoming and Massachusetts propose strategic Bitcoin reserve bills, blending fiscal stability with innovation. The initiatives aim to utilize Bitcoin's potential for mitigating inflation risks while bolstering financial security, setting a precedent for other states exploring digital assets in public finance. The post Wyoming and Massachusetts Propose Strategic Bitcoin Reserve Legislation appeared first on Cryptonews.

The overall cryptocurrency market has shown strong bullish potential ahead of President-elect and pro-crypto advocate Donald Trump's inauguration, scheduled for January 20, 2025. However, one thing that has been capturing the massive attention of crypto enthusiasts is the recent activity of crypto giants over the past week.

Analysts say Dogecoin has a 60% chance of hitting $1 before Jan. 31.

XRP continues its strong bullish rally, market experts are urging cryptocurrency enthusiasts to consider the long-term value of holding substantial amounts of the token. Recently, XRP surpassed the $3 mark for the first time in seven years, reigniting discussions about its potential for future price gains.

The price of XRP is one of the biggest sensations in the altcoin world thus far this year with sustained rally. The coin is changing hands for $3.277, atop a marginal growth of 0.16%.

XRP's recent rally has some cracks as risk metrics hinted at overheated conditions and a possible correction.

With shifting market dynamics, Bitcoin has moved into positive territory as prices sights key resistance levels. However, due to the volatile nature of crypto assets, the flagship asset's recent uptrend might experience a brief drawback before resuming its upward direction.

A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the post-election surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one rate cut by year-end while the 30-year Treasury yield hovered around 5%.

Brian Armstrong has reportedly discussed potential policy issues related to cryptocurrencies with US President-elect Donald Trump.

Some 15 U.S. States, including Massachusetts, reportedly worked on Bitcoin reserves laws days before Trump's Capitol Rotunda inauguration.

XRP's Exchange-Traded Fund (ETF) approval has surged to 70%, as predicted on Polymarket, a popular crypto-based prediction platform. This shift comes amid growing optimism after XRP experienced a major price surge, hitting $3.39 for the first time in almost seven years.

This week, Ripple's XRP stole the spotlight by hitting seven-year highs, surging nearly 45% in just seven days.

CoinCodex's Machine Learning (ML) algorithm has released its monthly Dogecoin price prediction for 2025. The Dogecoin forecast highlights notable price increases from January to December, signaling bullish growth in this year's Second Quarter (Q2).

As staking gains traction across crypto, TradFi is slowly embracing the new trend.

Coinbase CEO Brian Armstrong proposes a US Bitcoin reserve for strategic economic advantage amid growing policy discussions. The post Coinbase advocates for a US government strategic Bitcoin reserve appeared first on Crypto Briefing.

Bitcoin (BTC) regained the $105,000 price level after climbing 5.1% in the past 24 hours. As of press time, the flagship crypto was trading at $105,505, followed by a 10% increase registered by the memecoin sector.

State Bitcoin reserve momentum is still growing, while Coinbase backed the idea of a federal BTC stockpile for the first time publicly.

A widely followed crypto analyst says that Bitcoin (BTC) is on the brink of a move to the upside.

CNBC's Tanaya Macheel joins 'Closing Bell' to discuss crypto and bitcoin hitting a new 2025 high ahead on the inauguration.

Bhutan's government executed two substantial transactions: the first involving 255.26 BTC. This activity coincides with Bitcoin's price resurgence, recently surpassing the $104,000 mark.

This Friday marks Gary Gensler's last full day as the head of the U.S. Securities and Exchange Commission.

A fresh report from Wintermute, a global leader in algorithmic market-making and high-frequency trading (HFT), reveals a staggering 313% growth in the company's over-the-counter (OTC) trading volumes, outpacing the broader 142% uptick in crypto exchange activity. Alongside these figures, the firm shared a series of forward-looking insights for 2025.

XRP has become the focal point of the crypto market after experiencing a massive price surge and surpassing the $3 mark. For many investors seeking wealth, the previously stagnant cryptocurrency presented an opportunity to buy low in the hopes of a price increase.

The crypto market came to life on Friday, the last trading day for Wall Street markets before the Trump presidency begins on Monday. Of course, crypto is traded 24/7, but volume and liquidity often fall over the weekend, so traders are building their final positions before the new administration takes over.

In a latest development, Coinbase, the United States' largest crypto exchange, is endorsing the creation of a US strategic Bitcoin reserve. Notably, the endorsement comes just before the second inauguration of Donald Trump and Armstrong's trip to the World Economic Forum.

ETH price fell by 11% over the past 30 days but bullish sentiment and other data point toward a rally to $4,000.

At the start of the year, many market analysts and observers shared their price expectations for Bitcoin, with many targeting $150k this cycle. However, a price target of $150k doesn't do justice to Bitcoin, says one trader, arguing that the world's flagship crypto asset is coming into this cycle with increasing institutional adoption.

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Cosmo Jiang of Pantera discusses crypto's rise ahead of President-elect Trump's inauguration.

Here's what to expect ahead of a likely volatile weekend for Bitcoin's price!

Decentralized finance on Bitcoin (BTCFi) is experiencing unprecedented growth, with a total value locked (TVL) that has surged from 307 million to 6.5 billion dollars in 2024. This spectacular growth occurs against a backdrop marked by the successful launch of Bitcoin ETFs and the historic crossing of the $100,000 threshold.

American publicly listed trading platform Coinbase Exchange has endorsed the plans by incoming US President Donald Trump to establish a strategic Bitcoin reserve in the country. As reported by Axios, the exchange's co-founder and CEO Brian Amstrong has highlighted the economic opportunities this will have on the nation.

The price of Bitcoin (BTC) is surging above $104,000 for the first time in one month and has booked a 4.2% gain in the past 24 hours with less than three days to go before Donald Trump's inauguration speech.

Republican Senator Peter Durant of Worcester County, Massachusetts, has introduced legislation aimed at establishing a “Bitcoin strategic reserve.” This initiative marks a significant step for cryptocurrency in a traditionally Democratic stronghold, as it makes Massachusetts the first “deep blue state” to consider such legislation.

2024 was a challenging year for crypto and blockchain venture capital, as former hot sectors like gaming, metaverse and NFTs failed to spur bigger funding opportunities.

Ethereum developers have set March 2025 as the target for deploying the Pectra upgrade. The timeline was finalized during the Execution Layer Meeting on January 16.

Bitcoin (BTC) heeft het $100.000 niveau herpakt, aangedreven door de lekken over Trump's plannen voor een nationale Bitcoin-reserve. Dit nieuws heeft de crypto-markt nieuw bullish momentum gegeven, terwijl ook andere bekende crypto's grote prijsbewegingen vertonen.

Prediction market traders on Polymarket are cautiously optimistic about immediate crypto-related action from President-elect Donald Trump on Inauguration Day. What Happened: Specifically, according to Polymarket data, the question of whether Trump will mention cryptocurrency or Bitcoin (CRYPTO: BTC) in his inauguration speech on Monday is sitting at a 31% chance.

"If you think XRP is going to $100 this cycle, you might have an undiagnosed mental disability," one finance expert claimed.

Lawmakers in Wyoming and Massachusetts have recently introduced bills to authorize state investments in Bitcoin (BTC), bringing the total number of US states with such proposals to eight.

American aerospace company SpaceX, led by Elon Musk, holds 8,285 Bitcoin valued at approximately $851 million, according to data from Arkham Intelligence. The firm has reportedly earned $700 million in profits from its Bitcoin investments since 2022.