Articles for tag: Bitcoin, Cryptocurrency, digital economy, Donald Trump, Exchange-Traded Funds, financial market, SEC

Market News

Bitcoin Hits Major Milestone Following Trump’s Election Victory: What This Means for Investors and the Crypto Market

Bitcoin (BTC) has reached an impressive milestone of $100,000, marking a significant increase in value over the past month. This surge follows the recent win of President-elect Donald Trump. In 2024 alone, Bitcoin’s value has more than doubled, largely due to the U.S. Securities and Exchange Commission allowing cryptocurrency to be traded through exchange-traded funds. ...

Market News

Trump Appoints Crypto Advocate Paul Atkins as New SEC Chair: What This Means for the Future of Cryptocurrency Regulations

President-elect Donald Trump has chosen former SEC Commissioner Paul Atkins to lead the Securities and Exchange Commission. Atkins, known for his support of cryptocurrencies, aims to reshape regulations for the industry, which has faced tough enforcement under the current SEC Chair, Gary Gensler. Trump highlighted Atkins as a proponent of sensible regulations that can foster ...

Market News

XRP Overtakes Tether: Regulatory Optimism Fuels Surge to Third-Largest Cryptocurrency Amidstablecoin Launch Excitement

XRP has recently become the third-largest cryptocurrency by Market cap, surpassing Tether (USDT). As of December 1, 2024, XRP’s Market cap reached $141.8 billion, boosted by a 30% price surge within 24 hours and a remarkable 364% increase over the past month. This rise is largely due to optimism surrounding Ripple’s legal battle with the ...

Market News

Ripple CEO Addresses Market as XRP Nears $3, Highlighting Growth and Future Prospects in Cryptocurrency Landscape

XRP, the cryptocurrency linked to Ripple, has reached an impressive multi-year high of $2.79, prompting positive remarks from Ripple’s CEO, Brad Garlinghouse. He noted that the recent increase could be influenced by the potential departure of SEC Chair Gary Gensler, which some believe would improve the crypto Market. Ripple’s legal victories against the SEC are ...

Market News

WisdomTree Files 4th XRP Spot ETF Application Amid SEC Leadership Transition

WisdomTree has filed with the SEC to launch a spot XRP exchange-traded fund (ETF), joining other firms like Bitwise and 21Shares in seeking approval. This move reflects increasing interest from institutions in XRP, especially as it has recently become the third-largest cryptocurrency by Market cap, driven by a significant price surge to $2.42. The timing ...

Market News

New Documents Reveal: SEC Boss Gensler Considered Ethereum a Security for Over a Year – Click to Find Out Why!

In a significant turn of events, new court documents have revealed that the U.S. Securities and Exchange Commission (SEC) and its Chair, Gary Gensler, have considered Ethereum to be a security for over a year. This surprising insight could have major implications for the cryptocurrency industry and Ethereum investors. Stay tuned as this story unfolds, ...

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