After Trump's election victory, Coinbase's CLO, Paul Grewal, calls on the SEC to enact clear guidelines for digital assets, emphasizing regulatory transparency. Grewal's statements highlight the critical need for structured rulemaking following Coinbase's prolonged legal battles with the SEC. The post Coinbase CLO Paul Grewal Pushes for SEC Rulemaking After Historic Trump Win appeared first on Cryptonews.
The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities, executing over $1.5 trillion of transactions since its inception.
Sonic Shard snapshot will be conducted on December 1, wallets holding all six Sonic Shard NFTs will be eligible to mint an exclusive NFT.
Donald Trump has declared his victory in the U.S. presidential election, speaking to supporters in Florida.
Trump's return to the White House sparked a major crypto rally that caught bears off guard and wiped out hundreds of millions in short positions.
The price of bitcoin hit a new all-time high Wednesday (Nov. 6), and America elected a new president. The two are far from unrelated.
As Bitcoin (BTC) is pushed to an all-time high by the results of U.S. presidential elections, net Open Interest on derivatives exchanges follows. This could lead to even more dangerous volatility as crypto bears face $370 million short liquidations.
Former President Donald Trump has won the U.S. presidential election,.
Bitcoin and DeFi altcoin prices exploded following news that Donald Trump won the U.S. presidential elections and will serve another White House term.
Galaxy CEO Mike Novogratz believes that Commissioner Hester Peirce, who has been vocal in her criticism of SEC Chairman Gary Gensler's approach of regulating the crypto industry through lawsuits rather than rulemaking, would be an excellent choice for the next US SEC Chair. Novogratz's endorsement of Peirce comes as she has been a staunch advocate
Mike Novogratz predicts a significant shift in the crypto industry, bringing in “hundreds of billions” after Trump's victory.
Following Donald Trump's 2024 election win, speculation is mounting that U.S. SEC Chair Gary Gensler may soon exit his role. A recent report from 10X Research hints that Gensler could step down by December or January, aligning with the usual timing of SEC chairs stepping down as new presidents take office.
TL;DR Trump's 2024 victory could bring a pro-crypto administration and a less restrictive stance from the SEC towards the digital asset market. Pro-crypto candidates like Bernie Moreno and Ritchie Torres won in their districts, indicating the growing influence of crypto voters.
Crypto.com is adding banking, credit cards, and stock trading services to its offerings over the next year. Crypto.com announced this significant expansion today, all under its new Level Up rewards program.
Crypto whales, or large investors, have made millions on the leading decentralized prediction market, Polymarket, follow ing Donald Trump's presidential win.
Donald Trump has declared victory as the 47th U.S. president, and all eyes are now on SEC Chairman Gary Gensler. Trump has promised to fire Gensler as soon as he steps into office, creating buzz in the crypto world.
TL;DR JPMorgan will launch an instant currency settlement service between the dollar and the euro using its Kinexys blockchain. The platform will use the JPM Coin token, processing over $2 billion in transactions daily. This system is expected to become profitable in three to five years.
Seven of South Korea's major banks, including Kookmin, Shinhan, and Woori, are now part of a CBDC pilot test led by the FSC. This initiative explores digital vouchers, potentially replacing physical ones to improve accessibility and streamline public benefits distribution via mobile technology. The post South Korea Authorizes CBDC Pilot Test with Seven Banks appeared first on Cryptonews.
After Trump won the 2024 presidential elections, the meme coin market went up by hitting a 7 month high. As of November 6th, Trump's comeback to the white house has made meme coins like Dogecoin, Dogwifhat, and Brett the best-performing ones in the crypto industry.
Senator Elizabeth Warren maintained a strong lead in the Massachusetts Senate race, with live updates from NBC News showing her comfortably ahead of challenger and crypto advocate, Deaton.
A Bolivian lawmaker says her nation is ready to move into the crypto adoption “top five” following recent legislative reform. The post Lawmaker: Bolivia Will Move into Crypto Adoption Top 5 appeared first on Cryptonews.
JPMorgan, Goldman Sachs, and Morgan Stanley meet with crypto clients to target upcoming IPOs after the election.
As Europe's tech epicenter continues to buzz with new ideas and collaborative energy, Lisbon is gearing up to host Crypto AI:CON 2024 from November 9-10.
The analysts also reiterated their call for bitcoin to approach $90,000 by year-end and reach a bull cycle target of $200,000 in 2025.
With Donald Trump winning the U.S. election, the Trump vs Harris battle comes to an end. Following the result, the crypto market experienced a strong positive inflow with major tokens recording a double-digit surge.
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Cybernews researchers discovered a public AWS storage bucket exposing sensitive user data from Nigerian crypto exchange Bitnob.
"Users must exercise sufficient risk management and DYOR to fully understand the project before opting to trade the token," the exchange warned.
Galaxy founder and CEO Michael Novogratz joins 'Squawk Box' to discuss the state of crypto, impact of Donald Trump's election victory on the industry, and more.
Paul Grewal, chief legal officer at Coinbase, has urged the U.S. Securities and Exchange Commission (SEC) to shift its approach toward crypto regulation.
JPMorgan Chase is set to launch instant dollar-euro foreign exchange settlements on its Kinexys blockchain platform, leveraging JPM Coin to enhance transaction speed and efficiency. The post JPMorgan to Launch Faster Dollar-Euro FX Settlement on Blockchain appeared first on Cryptonews.
Crypto's growing influence in the political landscape of the US this year is not unknown. With Trump's win in the 2024 US Presidential elections, the pro-crypto sentiment in the market has gotten even stronger. Bitcoin even touched its highest ever of $75K in anticipation of a Trump win.
In key competitive races across the nation, candidates embraced blockchain and cryptocurrency and emerged victorious. Crypto has a seat in the 118th Congress.
Raoul Pal, founder and CEO of Real Vision on Wednesday cautioned crypto investors against letting excitement cloud their judgment, emphasizing that now is not the time for Fear of Missing Out (FOMO). What Happened: Addressing his followers on microblogging platform X, Pal urged restraint, reminding investors that the last eight months were the ideal period to add to their holdings.
The rise of pro-crypto lawmakers may lead to favorable regulations, potentially boosting innovation and investment in digital assets. The post Crypto policy gains momentum as pro-crypto candidates sweep Congress appeared first on Crypto Briefing.
Reaction from the crypto community to Donald Trump's win in the U.S. presidential election was largely positive.
A total of 247 pro-crypto candidates won seats in the House of Representatives, compared to 113 anti-crypto members, according to Stand With Crypto.
Raoul Pal, a well-known investor, said that the cryptocurrency market has entered the "banana zone" after a big jump in the price of digital assets. Bitcoin (BTC), the biggest cryptocurrency by market cap, recently hit a new all-time high, surpassing $75,000.
Justin Sun, founder of Tron and Prime Minister of Liberland, extended a public invitation to US Securities and Exchange Commission (SEC) Chair Gary Gensler should he be ousted from his position in a future Donald Trump administration.
Republican Bernie Moreno pulled off a major upset in Ohio, unseating Democrat Sherrod Brown in a Senate race flooded with millions in crypto money. Crypto PACs were all in on Moreno, with pro-crypto powerhouse Fairshake leading the way.
Stablecoin and crypto-market structure bills may now see faster progress, the report said.
“Trust the markets, not the polls,” Polymarket CEO Shayne Coplan wrote on Twitter.
In a significant development for the financial industry, JPMorgan Chase & Co. has announced plans to enable foreign exchange (FX) settlements between the dollar and euro on its blockchain platform, Kinexys.
The firm's new miners aim to raise its hashrate to 9.3 EH/s, boosting energy efficiency by 37%. The company's cryptocurrency mining upgrade will improve power efficiency to 19.9 J/TH.
Crypto.com will launch its Level Up reward program, aiming to reinvent its brand in 2025 to combine crypto and fiat services.
Analysts expect the crypto ATM market to boom in the next few years.
Cryptocurrency users from across the globe are welcoming the success of Polymarket, a Polygon-based on-chain prediction market. During the U.S. presidential election last night, it handled enormous traffic increase with zero delays and surprisingly evolved into a go-to source of live news about election results.