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David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference. U.S. crypto czar David Sacks and key members of Congress outlined crypto plans at a press conference. (Jesse Hamilton/CoinDesk) What to know: David Sacks, who is President Donald Trump's crypto and AI czar, led a press conference on...
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say. What to know: Donald Trump's imposition of tariffs on Canada, Mexico, and China has led to a significant drop in crypto value. However, there's a perspective that this might be a 'buy-the-dip' opportunity. Crypto futures...
Crypto.com to delist Tether USDT, 9 other tokens in Europe on Jan. 31 Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until March 31 to convert assets. Crypto.com will delist USDT and nine other tokens in Europe on Jan. 31 to comply with MiCA regulations, giving users until...
BTC trades at a slight discount on Coinbase relative to Binance, data from CryptoQuant show. President-elect Trump may announce crypto as national policy priority. (BarBus/Pixabay) Read More What to know: Trump may announce crypto as a policy priority, Bloomberg reported late Thursday. BTC's Coinbase premium remains muted, signaling lack of excitement among U.S. investors. The premium soared during...
The US Securities and Exchange Commission alleges Musk violated US securities laws by failing to timely disclose that he owned over 5% of Twitter’s stock in early 2022. COINTELEGRAPH IN YOUR SOCIAL FEED Update (Jan. 15, 1:40 am UTC): This article has been updated to add more information from the SEC’s filing and a response from Elon Musk’s lawyer. The...
Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets. Bitcoin has fallen 10% so far this month, but analysts say it has dropped between 25% and 30% in January in past post-halving markets. A major Bitcoin correction in the first month of a year after...
New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC commissioner to take the agency’s helm. New reports suggest the US Senate Banking Committee is looking to create its first crypto subcommittee, while Trump is reportedly eyeing a pro-crypto CFTC commissioner to take the agency’s helm. ...
BTC and the S&P 500 seem to be tracking rates volatility, which is rising. A key market dynamic is shifting, creating headwind for risk assets. (cocoparisienne/Pixabay) What to know: The MOVE index, representing the Treasury market volatility, is rising. It could lead to tighter financial conditions, leading to deeper losses in BTC and the S&P 500. The index...
The candlestick pattern shows sellers are looking to reassert themselves as hawkish Fed rate projections drive the DXY higher. Bitcoin's shooting star candle signals a need for caution among the bulls. (gustavito1917/Pixabay) What to know: BTC carved out a shooting star candle in December, hinting at renewed bearishness. December's low is the level to defend for the bulls. The...