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Bitcoin News
Bitcoinsensus
1w
368
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Coinbase CLO Points Finger at SEC for Democrats’ Downfall
- Coinbase CLO Paul Grewal blames the SEC for the Democrats’ loss in the 2024 election.
- Grewal urges the SEC to stop suing crypto companies and improve communication.
- The crypto community expects significant changes with Trump’s upcoming presidency.
- Trump plans to fire SEC Chair Gary Gensler in January.
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Bitcoinsensus
1w
330
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Garlinghouse’s Requests Trump: Fire Gensler on Day One
- Ripple CEO Brad Garlinghouse congratulated Trump on his second election win and urged him to fire SEC Chair Gary Gensler.
- Garlinghouse recommended appointing Chris Giancarlo, Brian Brooks, or Dan Gallagher as Gensler’s replacement to rebuild the SEC’s reputation.
- He also suggested hosting a bipartisan dinner to support the Digital Asset Market Structure Bill and called for clarity on Ethereum’s classification.
- Garlinghouse believes these actions are crucial for the growth and stability of the cryptocurrency market.
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Insider
1w
277
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Stock market euphoric over Trump win
- US stocks rallied after Donald Trump's election victory, with major indexes reaching fresh records.
- Bank stocks, tech shares, and bitcoin surged during the trading session.
- Investors expect deregulation and lower taxes under a Trump presidency to benefit US corporations.
- Traders are now focusing on the Fed's interest rate decision and potential inflation under another Trump term.
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Bitcoinist
1w
196
Image Credit: Bitcoinist
The Rise And Fall Of Hamster Kombat: Why 260 Million Players Abandoned The Game
- Hamster Kombat, a popular crypto-based clicker game on Telegram, is experiencing a significant decline.
- The game has lost approximately 260 million players in just three months.
- The project's token, HMSTR, has seen a 76% value drop.
- With a decline in user base and token value, confidence in the project is diminishing.
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TheNewsCrypto
1w
108
Image Credit: TheNewsCrypto
US Strategic Bitcoin Reserve Gains Momentum Following Trump Victory
- US Senator Cynthia Lummis revealed a major legislative plan to establish a strategic Bitcoin reserve.
- The goal is for the US Federal Reserve to own as much as 5% of the entire Bitcoin supply.
- The Republican Party's control of Congress increases the odds of passing the Bitcoin Bill.
- The US plans to acquire 1 million BTC per year for its strategic Bitcoin reserve.
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Coin Telegraph
1w
196
US lawmaker doubles down on crypto promises after Trump win
- Republican Senator Cynthia Lummis plans to have lawmakers pass a bill to build a strategic Bitcoin reserve.
- Lummis introduced the Bitcoin Act in July, proposing the US government buy 1 million BTC and hold it for at least 20 years.
- With Republicans expected to have a majority in the US Senate, Lummis and her colleagues may have the votes needed to carry out the plan.
- This idea was originally suggested by then-presidential candidate Donald Trump, who proposed the US government not sell any seized Bitcoin.
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TheNewsCrypto
1w
75
Image Credit: TheNewsCrypto
Galaxy CEO Novogratz Backs Hester Peirce as Potential SEC Chair
- Galaxy CEO Mike Novogratz believes Hester Peirce would be a great choice to lead the US SEC.
- Peirce, also known as 'Crypto Mom', has been outspoken in her support of cryptocurrency.
- Novogratz's endorsement of Peirce aligns with his push for a transparent regulatory structure for the crypto industry.
- With Gary Gensler's tenure as SEC Chairman coming to an end, Peirce's possible run for the position suggests a potential shift in cryptocurrency regulation.
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Bitcoinist
1w
27
Image Credit: Bitcoinist
Bitwise CIO Declares: ‘We Are Entering The Golden Age Of Crypto’ With Years Of Bull Market Ahead’
- Matt Hougan, Chief Investment Officer at Bitwise Asset Management, believes that the cryptocurrency market has entered a "golden age" with a years-long bull market ahead.
- Hougan is optimistic about the regulatory environment under the new Trump administration, expecting a more favorable stance towards cryptocurrencies.
- He foresees balanced regulation, clearer legislation for stablecoins, and improved conditions for institutional investors to evaluate cryptocurrencies.
- Hougan points to catalysts such as growing institutional interest, the impact of the Bitcoin Halving, and rising US national debt as factors contributing to sustained market momentum.
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Zycrypto
1w
79
Image Credit: Zycrypto
Bitcoin Hits $75,410: Satoshi’s Vision of “Bitcoin Power” Rings True 16 Years Later
- Bitcoin recently hit an all-time high of $75,410, adding new context to Satoshi Nakamoto's vision for the digital currency.
- Nakamoto's vision of a digital currency free from banks and border restrictions is coming true as Bitcoin's market cap reaches $1.49 trillion.
- The recent price surge has attracted old wallet holders and investors, leading to increased market activity and hopes of a new bull run.
- Bitcoin's record-breaking moment and market-wide surge indicate the cryptocurrency's potential for a broader parabolic rally in the future.
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Newsbtc
1w
377
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Massive Bitcoin Short Liquidations Send BTC Above ATH – Trump Win Sets A Bullish Environment
- Bitcoin surged to new all-time highs, hitting $75,300 and triggering significant liquidations.
- Short liquidations exceeded $100 million in a single one-minute candle, signaling strong buying pressure.
- The Trump win in the U.S. election sparked renewed enthusiasm for crypto assets.
- Bitcoin's price discovery mode and bullish phase continue, with expectations of further volatility and potential higher highs.
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22 Likes
Zycrypto
1w
159
Image Credit: Zycrypto
Trump Election Win: A New Era for U.S. Crypto Policy?
- Crypto markets surged Tuesday night as Bitcoin hit a new all-time high above $75,000, following NBC’s projection of wins for former president Donald Trump.
- Trump's election victory has sparked optimism in the crypto market, with Bitcoin reaching new highs and crypto stocks surging.
- Trump has proposed building a national Bitcoin reserve and appointing crypto-friendly leaders to rewrite regulations in support of the industry's growth.
- He aims to boost U.S. Bitcoin mining, reduce reliance on foreign operations, and exempt Bitcoin from federal taxes.
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Newsbtc
1w
289
Image Credit: Newsbtc
Uniswap Surges Toward $8.74 – Can UNI Push Through To New Heights?
- Uniswap (UNI) is approaching the critical $8.74 resistance level, with investors eager to see if it can break through.
- Technical indicators suggest bullish momentum, with UNI trading above the 100-day SMA and RSI climbing above 50% on the 4-hour chart.
- The daily chart also shows positive price action, with UNI maintaining its position above the 100-day SMA.
- The $8.74 resistance level will determine UNI's future, with a breakout potentially leading to further gains.
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17 Likes
Insider
1w
289
Image Credit: Insider
'Crypto president' Donald Trump has investors cheering as bitcoin hits record
- Bitcoin briefly soared past $75,000 for the first time ever on Wednesday.
- Crypto players are hopeful that Trump's presidency will boost digital assets.
- Other Trump trades, including bank shares and Tesla stock, also rallied in Wednesday trading.
- Donald Trump's reelection sent bitcoin to all-time highs on Wednesday as traders cheered the coming administration of the 'crypto president.'
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99Bitcoins
1w
0
Donald Trump Just Changed Everything For Crypto After New Bitcoin All Time High
- Donald Trump is the first president to serve non-consecutive terms since Grover Cleaveland.
- Bitcoin reaches an all-time high, potentially reaching $100k before Christmas.
- Trump promises to fire SEC Chair Gary Gensler and create a Strategic BTC Stockpile.
- Trump also reveals other economic plans, including ending sanctions and reducing wasteful spending.
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TheNewsCrypto
1w
104
Image Credit: TheNewsCrypto
BlockDAG Lights Up the Crypto Market with 100% Bonus—Solana & Aptos Latest Updates
- BlockDAG's presale reaches $113.5 million with a 100% bonus offer
- Solana experiences a 15% jump in market value fueled by meme coin demand
- Aptos sees a 10% rise following USDT integration for improved DeFi functionality
- BlockDAG distinguishes itself with explosive presale success and showcases superiority over competitors
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