Trump family’s memecoin launches spark frenzy of scam tokens

The official President Donald Trump memecoin called TRUMP launched on Jan. 17 and soared to a $72 billion market valuation within just two days. Backed by the Trump family, the crypto ignited significant public interest while simultaneously becoming a lucrative target for fraudsters. A report by Web3 security firm Blockaid highlighted the rapid escalation of …

SEC unveils crypto task force led by ‘Crypto Mom’ Hester Peirce to forge new regulatory path

The US Securities and Exchange Commission (SEC) announced the formation of a dedicated crypto task force on Jan. 21 — led by Commissioner Hester Peirce.  Acting Chairman Mark Uyeda revealed that the initiative aims to create a comprehensive and clear regulatory framework for crypto assets, a much-needed step in a space marked by uncertainty and …

Matrixport: Short-Term Upside for Bitcoin if Critical Support Levels Hold

Bitcoin’s price action is currently retesting a key support level with several macro-factors in play that could contribute to another strong bullish rally. Possible Breakout for Bitcoin Based on Current Support Level Matrixport’s recent bitcoin report highlighted the possibility of a bitcoin price breakout after retesting a critical support level. The report noted that the …

HTX Wraps up 2025 Annual Gala: Unveiling the Future of Crypto Market with a 2024 Recap and 2025 Outlook

PRESS RELEASE. The HTX Crypto Ecosystem Annual Gala Award Ceremony concluded successfully on January 16th. The event not only celebrated HTX’s accomplishments from the past year, but also envisioned a promising future for its development, demonstrating the strong influence and foresight within the global digital assets landscape. Approximately 300,000 Participants Attracted and 146,000 USDT Rewards …

Circle CEO Expects President Trump to Issue Executive Orders Allowing Banks to Trade and Hold Crypto

The growing adoption of crypto in the U.S. can be accelerated through executive orders permitting banks to trade and hold cryptocurrency. Circle CEO Wants Executive Orders for Broader Access to Crypto Jeremy Allaire, the CEO of Circle, anticipates executive orders from President Donald Trump that will permit banks to trade crypto, provide wealthy clients with …

Mark Cuban Rants on Meme Coins, Proposes Using Them to ‘Dent’ U.S. Debt

Mark Cuban has ranted against meme coins following the launch of TRUMP and MELANIA, stating that they constitute a net negative for the crypto industry. Nonetheless, as it now appears legal, he noted that he could release his own meme coin to help repay the U.S. public debt. Mark Cuban Blasts New Meme Coin Trend, …

Rex Shares and Osprey Funds File for TRUMP ETF

The filing documentation lists a total of seven crypto ETFs, including funds that will hold the memecoins Bonk and Dogecoin. Trump, Dogecoin, and Bonk May Get Their Own ETFs This Year ETF provider Rex Shares and its crypto-focused sister company, Osprey Funds, have filed for seven crypto exchange-traded funds (ETFs) with the SEC, including one …

LBank Lists Metaverse HQ ($HQ) on Launchpool With 3,000,000 HQ Rewards

PRESS RELEASE. SINGAPORE, January 21, 2025 – LBank(Lbank.com), the leading cryptocurrency exchange, is thrilled to announce the latest Launchpool event featuring Metaverse HQ (HQ). Starting from January 21 to January 27, 2025, , users can participate in this exciting event to earn 3,000,000 HQ by simply holding USDT or LBK. Launchpool Details: Registration Period: click …

Brian Armstrong Says Crypto To Usher In New Phase of Capitalism and Economic Freedom

Coinbase founder and CEO Brian Armstrong believes that crypto is paramount to unleashing a new wave of economic freedom across the globe. In a long thread on the social media platform X, Armstrong says global economic freedom is on the decline but crypto can spark the reversal of the trend. Zooming in on the US, …

Brian Armstrong Tells WEF That Bitcoin Is a Better Form of Money Than Gold, Says Crypto Still in Infancy

Coinbase CEO Brian Armstrong said at the World Economic Forum in Davos that Bitcoin (BTC) is a better form of money than gold amid a “new era” for crypto. In a clip shared on the social media platform X, Armstrong predicts that over time, governments will be forced to hold at least 1% of their …

SEC Launches Crypto Task Force To Create Clear Regulatory Framework for Digital Assets

The U.S. Securities and Exchange Commission is launching a crypto task force to clarify the rules of the road for digital assets. In a press release, the agency says pro-crypto Commissioner Hester Peirce will lead the agency-wide effort. The move is a clear contrast to the SEC’s stance under the Biden administration, which maintained that …

Crypto ‘Godfather’ and Former LA Police Detective To Plead Guilty To Tax Crimes and Civil Rights Violations

A Los Angeles County sheriff’s deputy and a cryptocurrency businessman who dubbed himself “The Godfather” have agreed to plead guilty to tax evasion and other federal crimes. The U.S. Attorney’s Office for the Central District of California says Adam Iza, the founder of the crypto trading platform Zort, also known as “The Godfather,” is expected …

Coinbase Chief Legal Officer Accuses FDIC of Deceit, Says Agency Stonewalling FOIA Requests

Coinbase’s chief legal officer Paul Grewal is accusing the Federal Deposit Insurance Corporation (FDIC) of stonewalling the top US-based crypto exchange’s request for public records. In a new thread on the social media platform X, Grewal accuses the FDIC of being deceitful and refusing to hand over vital records pertaining to how the federal agency …

Is It Too Late to Invest in Crypto? Here’s What Experts Say

Experts believe that the potential for crypto investment remains strong, provided that investors approach it strategically. The world of cryptocurrency has evolved dramatically since Bitcoin’s inception in 2009, but a question still lingers in the minds of many: Is it too late to invest in crypto? With the rise and fall of market values, coupled …

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