Day: December 22, 2024

Despite Bitcoin’s 10% Drop, Over $20M in Old Coins Find New Homes

2024-12-22 By admin

For four days straight, bitcoin’s historic high of $108,000 has been in the rearview mirror, with the digital asset now dipping over 10% from its peak. Yet, while the price has cooled, long-dormant bitcoins are springing to life, making their way to new wallets. From Dormant to Dynamic In the past 12 hours, bitcoin has […]

BRICS Gold-Backed Digital Currency Could Reshape Global Trade and Shake the Dollar

2024-12-22 By admin

A gold-backed digital currency from BRICS could reshape global trade by lowering transaction costs and reducing exchange rate volatility, challenging the U.S. dollar’s dominance. Brics Gold-Backed Digital Currency Could Shift Global Trade Dynamics BRICS nations have shown interest in the possibility of developing a gold-backed digital currency as part of efforts to reduce reliance on […]

Crypto Battle Looms at SEC: Trump’s Team Set to Clash With Gensler’s Picks

2024-12-22 By admin

A former SEC official has warned Trump’s incoming administration will clash with Gensler’s handpicked officers, calling the SEC chair’s moves a “shameful deep state crusade.” Crypto War at the SEC: Stark Predicts Gensler’s Handpicked Team Will Face Trump’s Wrath John Reed Stark, former head of the U.S. Securities and Exchange Commission (SEC)’s Office of Internet […]

Ripple, Coinbase, Kraken Bet Big on Pro-Crypto Trump, Paving the Way for Crypto’s Bright Future

2024-12-22 By admin

Ripple, Coinbase, and Kraken are leading crypto’s charge into Trump’s inauguration, contributing millions as the industry bets on pro-blockchain policies and favorable regulatory shifts. Crypto Heavyweights Ripple, Coinbase, Kraken Rally Behind Trump – Will Regulation Shift? Cryptocurrency firms are stepping into the political arena with substantial donations to President-elect Donald Trump’s inaugural fund, aligning themselves […]

Bouncing Lows, Mining Woes, and Fartcoin Highs

2024-12-22 By admin

Last week was marked by bitcoin’s resilience and worries about mining centralization. Fartcoin’s rise to an all-time high added an unexpected layer of humor. This editorial is from last week’s edition of the Week in Review newsletter. Subscribe to the weekly newsletter to get the editorial the second it’s finished. From Mining Centralization Worries to […]