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news-imageJanuary 17, 2025

NYDFS and Bank of England Partner to Strengthen Crypto Oversight

The New York Department of Financial Services (NYDFS) has launched a new initiative to collaborate with the Bank of England on improving oversight of digital assets and payment systems.
Publisher: Coinspress
Sentiment: Neutral
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cover-imageCryptopolitan
January 17, 2025

Blockchain developer sues DOJ alleging crypto development is under attack

Michael Lewellen, a blockchain developer, has sued the U.S. Department of Justice, alleging the agency was overly broadening its analysis of federal money transmission laws and criminalizing crypto development. The lawsuit, filed Thursday, aims to block the prosecution of his decentralized crowdfunding platform, Pharos.

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Positive
cover-imageCrypto Economy
January 17, 2025

SoSoValue to Distribute 49 Million SOSO Tokens in Upcoming Airdrop Event

TL;DR SoSoValue will distribute 49 million SOSO tokens, representing 4.9% of its total supply, in its first airdrop season. The event will consist of three parts: Bybit's Launchpool, a Proof of Work (PoW) program, and Proof of Stake (PoS) rewards.

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Positive
cover-imageBitcoinist
January 17, 2025

Best Presales to Buy as Crypto Goes Green Across the Board

After a rough couple of weeks, $BTC fans have cause for celebration as Bitcoin reclaimed that sweet $100K spot on January 16. The rest of the crypto market kept up the pace and today, the market's awash in green.

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Negative
cover-imageCoinpaper
January 17, 2025

Upbit Faces Six-Month Suspension Over KYC Breaches

Upbit, one of South Korea's largest cryptocurrency exchanges, faces a potential six-month suspension for alleged KYC violations involving hundreds of thousands of breaches.

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Positive
cover-imageBeInCrypto
January 17, 2025

Q&A with CEO Gracie Lin on OKX SG's Formula for Growth

BeInCrypto recently had the exclusive opportunity to sit down with Gracie Lin, the CEO of OKX Singapore (OKX SG), for an in-depth discussion on the company's achievements in 2024 and its strategic direction for 2025.

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Positive
cover-imageCryptopolitan
January 17, 2025

Coinbase's Base plans $100B on-chain economy with scalability boost

Coinbase Layer-2 network Base wants to onboard $100 billion in on-chain assets as part of its goals for 2025. The network disclosed this in a January 17 blog post, noting that it aligns with its mission to build a global onchain economy.

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Positive
cover-imageBitcoinist
January 17, 2025

Trump To Make Crypto A ‘National Priority' — What Could It Mean?

Donald Trump, the President-elect of the United States, is poised to undertake a significant initiative in reforming the nation's stance on cryptocurrency. Reports suggest that he plans to sign an executive order after assuming office on January 20.

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Positive
cover-imageCoingape
January 17, 2025

Surging Crypto Whale Activity in January 2025: What This Means for Altcoin Investors

As January 2025 progresses, there's a marked rise in crypto whale activity within the cryptocurrency market, particularly among altcoins that have a market cap above $500 million. Santiment's recent data indicates a notable increase in whale transactions across different assets, suggesting possible market changes that may be important for investors.

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Positive
cover-imagePYMNTS
January 17, 2025

Trump Plans Cryptocurrency Advisory Council

In a move that could have far-reaching implications for the cryptocurrency industry, President-elect Donald Trump is planning to designate cryptocurrency as a national priority, according to sources familiar with the plans.

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Positive
cover-imageCryptoSlate
January 17, 2025

Trump to enact 5 crypto changes ASAP via Executive Order amid red tape

A new Bloomberg report suggests that Trump intends to prioritize crypto through an executive order. Details circulating among industry participants suggest this action could influence agencies and shape enforcement across several digital asset sectors.

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Positive
cover-imageBloomberg Markets and Finance
January 17, 2025

Trump Plans to Designate Crypto as National Priority, Israel Finalizes Gaza Truce Deal

President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans. Trump has vowed to issue a bevy of executive orders across a range of disparate industries and issues within his first few days back in office.

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Negative
cover-imageBlockonomi
January 17, 2025

Trump's Treasury Choice Pulls Plug on US Digital Currency Push

Trump's Treasury Secretary nominee Scott Bessent opposed US CBDC development during his Senate confirmation hearing, aligning with Trump's anti-digital dollar stance while 134 countries continue exploring their own central bank digital currencies.

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Negative
cover-imageFinbold
January 17, 2025

Crypto trader misses out $4 million cashing out for just $6k

In a sobering reminder of the unpredictable nature of the cryptocurrency market, a trader who purchased 46.5 million of the Solana-based AI concept token, AGiXT, at a bargain price of $1,756 has become the subject of viral discussion after selling their holdings prematurely for just $6,284, a mere fraction of the potential profit.

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Positive
cover-imageCryptoSlate
January 17, 2025

Coinbase's Base sets sights on $100 billion and 25 million users in 2025

Base, the Ethereum layer-2 network developed by Coinbase, has unveiled an ambitious roadmap for 2025. The network seeks to secure $100 billion in on-chain assets, onboard 25,000 developers, and attract 25 million users by the end of the year.

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Positive
cover-imageBitcoinist
January 17, 2025

Pre-Inauguration Crypto to Buy for 10x & Ride Trump's Crypto Policy Bull Run

IntoTheBlock analyst Juan Pellicer predicts regulation changes would either stimulate or stifle crypto adoption in the US and EU. Donald Trump's administration promises to be the most pro-crypto ever, and the president-elect has made it painfully clear that digital assets are his top priority.

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