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news-imageJanuary 17, 2025

Trump Treasury Nominee Scott Bessent Rejects U.S. Central Bank Digital Currency, Citing Privacy and Economic Concerns

Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary, testified before the Senate Finance Committee on Jan. 16.
Publisher: CoinMarketCap
Sentiment: Negative
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cover-imageCrypto news
January 17, 2025

What is a crypto whitepaper?

Your resume tells the story of your past experiences, your accomplishments, and paints a vivid picture in the mind of the reader.

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cover-imageCryptopolitan
January 17, 2025

PumpFun Corp sued in NY court for alleged pump-and-dump schemes

PumpFun Corp is facing allegations of running cryptocurrency pump-and-dump schemes. On Thursday, Kendall Carnahan, CEO of Sooner Payments, filed a lawsuit in a New York court, accusing the company of working alongside influencers to issue unregistered securities, described as Ponzi schemes.

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Negative
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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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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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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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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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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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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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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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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