Features Crypto News by Thebittimes.Com

Trump Coin (Official Trump/TRUMP) has seen a massive price surge over the last few days. The asset is up 10.8% in the daily charts, 7.8% in the weekly charts, 29.5% in the 14-day charts, and 70.7% over the previous month. TRUMP’s rally comes amid a host of bullish developments. Also Read: Top Crypto to Buy Now as Ripple Eyes Circle Acquisition Source: CoinGecko Trump Coin Surges Amid Dinner With President Gala Source: CryptoBriefing TRUMP’s latest rally could be due to President Trump hosting a dinner for the top holders of the asset. Many, including TRON founder Justin Sun, are expected to have dinner with the President soon. Sun stated that he is the top TRUMP holder, with almost $18.6 million invested in the coin. Trump Coin’s rally also comes amid Bitcoin’s (BTC) recent climb to $107,000. The original crypto is inching closer to hitting a new all-time high. Despite the rally, BTC seems to be struggling to breach the $108,000 mark. Also Read: Friedland Sees Co...

Crypto industry executives and investors are remaining positive even after Bitcoin plunged 5.3% after Donald Trump failed to mention crypto during his inauguration speech yesterday. On his first day as the 47th President of the United States, Trump signed numerous executive orders, but none mentioned crypto assets or related policies. The overall crypto market cap has dropped 6.8% in the past 24 hours, according to CoinGecko. Trump family meme coins $TRUMP and $MELANIA led meme coin losers with drops of 21% and 51%, respectively. Despite this, many crypto investors and executives are not worried. “He has already fully expressed his dedication to crypto with his actions all weekend,” said a futures trader known as Satoshi Flipper, who has 225,000 followers. “He’s fully locked in, buying hundreds of millions worth of altcoins, and people out here paranoid the top is in because Trump didn’t say ‘Bitcoin’ today.” Some ”Freaking Out...

Top Republican officials at the U.S. Securities and Exchange Commission (SEC) will begin revising cryptocurrency policies as early as next week, immediately after Donald Trump takes office, Reuters reported, citing sources briefed on the matter. SEC commissioners Hester Peirce and Mark Uyeda are considering the measures that would start the process of creating guidance or rules to clarify when the agency deems a cryptocurrency to be a security, it said. They are also reviewing pending crypto enforcement cases in the courts, and some may be frozen, the story added. Trump to overhaul crypto policy at SEC and may freeze enforcements – Reuters pic.twitter.com/25VzeNCbpE — BALU (@balubalucoin) January 15, 2025 Crypto regulations under the Biden administration, characterized by strict oversight, are expected to change with the incoming Trump administration. Led by Paul Atkins, a former agency commissioner and Trump’s nominee for SEC chair, the SEC leadership focus will...

BlackRock is reportedly interested in launching a native L2 network compatible with Ethereum. The asset management firm has already delved into multiple top cryptocurrencies over the past year, primarily Bitcoin and Ethereum. Now, the firm aims to expand tokenization, setting expectations for launching a native L2 network. BlackRock has used Ethereum’s chain and has not discussed other potential L1 solutions. However, the company could produce a private L2 chain at any moment, but it would not be natively connected to other assets. The success of BlackRock’s ETFs this year are very likely catalyst for the firm to create a Layer-2 blockchain network. However, with developing an L2, there will be some hurdles. Also Read: BlackRock’s Bitcoin ETF Trading Volume Hits $1.55B in First Hour How difficult would it be for BlackRock to launch an L2 Network? MANHATTAN, NEW YORK, UNITED STATES – 2021/05/25: BlackRock offices in New York City. Founded in 1988, BlackRock, Inc. is an US mul...

Europe an institutions have reached an interim Consensus on a set of EU Regulations that will burden Crypto companies with the obligation to help prevent money laundering , among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively regulate the continent’s Crypto currency market. EU Officials and Lawmakers Agree on AML Measures in Crypto Space Negotiators representing the key participants in the EU’s decision-making process have reached an agreement on anti-money laundering (AML) rules that will require businesses in the crypto industry to verify the identities of their customers and report suspicious transactions. In the future, Europe’s Transfer of Funds Regulation (ToFR) will also cover cryptocurrency transactions. The regulations are yet to be finalized and approved by the relevant European institutions but the provisional deal signals an upcoming tightening for the sector. Crypto firms w...