Crypto News

Rep. French Hill Speaks Out Against Trump's Crypto Deals The cryptocurrency market has been abuzz with news of President Trump's recent involvement in the industry. Trump has shown interest in blockchain technology and has even been rumored to be considering launching his own cryptocurrency. However, not everyone is on board with the president's crypto dealings. Crypto Bills on the Horizon As the crypto market continues to gain mainstream attention, Congress has been working on multiple bills related to cryptocurrencies. These bills aim to provide regulation and oversight for the growing industry. Rep. Hill Breaks Party Silence on Trump's Crypto Involvement While many Republicans have remained silent on Trump's crypto dealings, Rep. French Hill has spoken out against the president's actions. Hill, a member of the House Financial Services Committee, expressed concerns about the potential risks and dangers of unregu...

Collaborating for Crypto: Prince and Ferraro Team Up at Galaxy As the world of cryptocurrency continues to evolve and gain traction, the demand for reliable and trustworthy investment firms has never been higher. This is where Galaxy, a leading financial services company, comes into play. With a strong focus on cryptocurrency and blockchain technology, Galaxy has become a go-to resource for investors looking to capitalize on the latest trends in the market. And now, with the addition of a new team member, the firm is primed to take their offerings to the next level. Introducing Prince: A Crypto Expert Enter Prince, the newest member of the Galaxy team. With years of experience in the crypto world, Prince brings a wealth of knowledge and expertise to the firm. His deep understanding of the market and ability to spot trends make him a valuable asset to the already successful team at Galaxy. But it's not just his extensive knowledge that ma...

Bitcoin (BTC) Takes a Hit The world's largest cryptocurrency by market capitalization, Bitcoin (BTC) saw its price drop by over $500 in a matter of minutes. The sudden decline caused a cascade of liquidations on major exchanges, with a total of $200 million in long positions being wiped out. BTC is currently trading at around $7,500, down from its recent highs of $8,000. The market sentiment has turned bearish, with many traders predicting further downside for BTC. Ethereum (ETH) Follows Suit The second-largest cryptocurrency by market capitalization, Ethereum (ETH) also saw a sharp decline, dropping by over 10% in a matter of minutes. The decline in ETH price resulted in over $40 million in liquidations on major exchanges. ETH is currently trading at around $240, down from its recent highs of $270. Many analysts believe that ETH could continue its decline as the overall market sentiment remains negative. Altcoins Suffer as Well The cra...

Reassessing Legal Disputes The recent announcement by the SEC to temporarily halt their case against Telegram has ignited speculation among other major players in the crypto world. As the regulatory landscape continues to evolve, companies like Ripple and Coinbase may see this as an opportunity to reevaluate their own legal battles with the SEC. With the cryptocurrency market constantly shifting, it's important for companies to stay on top of regulatory changes and adapt accordingly. Ripple's Ongoing Battle Ripple, the creator of the XRP token, has been embroiled in a lawsuit with the SEC since December 2020. The SEC alleges that Ripple sold XRP as an unregistered security, causing harm to investors. With the 60-day pause now in effect, Ripple may use this time to reevaluate their legal strategy and potentially come to a settlement with the SEC. Coinbase's Future Moves Coinbase, one of the largest cryptocurrency exchanges, has also faced le...