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news-imageJanuary 17, 2025

Sen. Cynthia Lummis Accuses FDIC of Crypto Oversight Misconduct, Demands Accountability

Lummis cited whistleblower claims the FDIC destroyed documents and silenced staff during a crypto oversight probe, sparking industry outrage.
Publisher: Decrypt
Sentiment: Negative
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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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Neutral
cover-imageBitcoin
January 17, 2025

Users Circumvent Sony's Soneium Controversial Block on Meme Coins

Soneium, Sony's Ethereum Layer 2 platform, attempted to block meme coins as part of its official policy to curb unauthorized intellectual property usage. Nonetheless, users found a way to circumvent these measures, demonstrating the strength of decentralized platforms.

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Positive
cover-imageNewsBTC
January 17, 2025

5 Cryptocurrencies to Buy today That Could Make You a Millionaire in 2025

In a significant development that could turn the fortunes for crypto investors, Tom Emmer has been elected as the VC of the House Subcommittee on Digital Assets. The appointment of the pro-crypto advocate is set to kickstart a new era for cryptocurrency investments in the US.

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Negative
cover-imageCryptonews
January 17, 2025

Trump's Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar

Scott Bessent, Trump's Treasury nominee, has said that the Treasury should stop exploring the creation of a central bank digital currency. The post Trump's Treasury Pick Scott Bessent Rejects Need for a US Digital Dollar appeared first on Cryptonews.

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Negative
cover-imageCoinPedia
January 17, 2025

South Korean Woman Steals $480,000 in Crypto to Pay Off Debts

A South Korean woman has been arrested for allegedly stealing a friend's $480,000 (700 Million won) worth of cryptocurrency to pay off her debts. The incident occurred after the woman met her victim on a chat app a few months ago.

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Positive
cover-imageBitcoin
January 17, 2025

US Lawmaker's New Role Could Skyrocket America's Digital Assets Sector

Tom Emmer's new appointment in Congress signals a push to foster an environment where digital asset innovation flourishes under pro-technology, American-led values. The Future of Digital Assets: A Powerful New Direction From Congress Congressman Tom Emmer of Minnesota has been appointed Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence.

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Positive
cover-imageCoinPedia
January 17, 2025

Why is Crypto Market up Today?

The crypto market is back on the rise, with its total value reaching $3.57 trillion after a 2.5% increase in the past 24 hours. Bitcoin, the largest cryptocurrency, is leading this recovery, trading at $101,380. Other top coins, including XRP, Solana, and Dogecoin, also saw strong gains of 8.5%, 7%, and 3.8%, respectively.

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