U.S. Commodity Futures Trading Commission Chairman Caroline Pham, the Republican commissioner who just took over the agency as President Donald Trump returned to the White House, ushered out many of the agency's top officials under predecessor Rostin Behnam, the Democrat who'd been appointed by Joe Biden. The staff changes — with each departure replaced by interim officials appointed by Pham — will have implications on cryptocurrency oversight for the U.S. derivatives regulator that's poised to play a bigger role in the field. Notably, Harry Jung, who joined the CFTC in 2023 as a senior policy advisor to Pham, will lead the agency's engagement with the crypto industry. He's been tapped for an elevated role as the CFTC's new acting chief of staff. Pham announced the departure of an extensive list of senior officials, including the agency's general council and the heads of its enforcement, public affairs, clearing and risk, market oversight and market participants divisions. Also exiting are the head of the office of international affairs and the department that oversees legislative affairs – a key area for the agency as Congress will be working on a crypto bill that could put the CFTC in a starring role. "I’m pleased to announce CFTC leadership changes with the beginning of the new administration," Pham said in a statement. "I am grateful for their combined many decades of faithful service to the CFTC, and I appreciate our talented CFTC staff who will be assuming these roles on an interim basis." The new acting general counsel — the agency's top legal official — and Pham's chief of staff and public-affairs director were lifted from the ranks of staff from her commissioner office: Meghan Tente, Taylor Foy and Jung, respectively. Running the legislative office will be Nicholas Elliot, who previously advised her on policy. The stand-in enforcement director will be Briang Young, a former Department of Justice veteran who took over the CFTC's whistleblower officer last year.
On January 23, COINOTAG News reported that Binance has officially announced a scheduled hard fork for the Luckycoin (LKY) network. This significant event is set to occur at block height
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. XYZVerse and these 4 altcoins could redefine crypto success stories, potentially creating the next wave of millionaires. Table of Contents XYZVerse secures $5.5 million in presale NEAR Protocol Artificial Superintelligence Alliance Ondo Hedera Conclusion Early investors in cryptocurrencies like Ethereum reaped enormous rewards. Now, new digital assets are emerging with the potential for significant growth. This article explores XYZVerse, along with four other promising altcoins that offer a chance to catch the next wave of crypto success, potentially making millionaires. XYZVerse secures $5.5 million in presale XYZVerse is transforming the crypto space by fusing the excitement of sports with the charm of meme coins. Tailored for fans of football, basketball, MMA, and esports, this project seeks to bridge the gap between sports enthusiasts and crypto investors in search of the next big opportunity. While many meme coins falter, XYZVerse sets itself apart with a robust roadmap and a commitment to long-term growth. Already in its presale phase, XYZVerse has attracted significant attention, raising over $5.5 million. This impressive milestone showcases the strong support and enthusiasm of its growing community. The presale consists of 15 stages, with token prices incrementally rising at each phase. Currently priced at $0.002 in stage 10, XYZ is set to reach $0.1 by the presale’s conclusion, signaling substantial growth potential for early adopters. XYZVerse aims to become the G.O.A.T. of meme coins, already earning accolades such as the best new meme project. XYZVerse isn’t just about hype; it’s built on a solid tokenomics foundation designed for sustainability. With 15% allocated for liquidity and 10% reserved for community rewards, including bonuses and airdrops, the project is focused on fostering value. A deflationary burn mechanism will eliminate 17.13% of the total token supply over time, increasing scarcity and potentially boosting token prices. Security and credibility are at the forefront of XYZVerse’s mission. The team has implemented smart contracts audits and has planned listings on both centralized and decentralized exchanges (CEX and DEX). These measures, combined with a fully vetted team, position XYZVerse as a credible project with a clear roadmap for growth. Interested investors can be part of XYZVerse’s winning team via presale. NEAR Protocol NEAR Protocol’s price has seen modest downshifts recently. Over the past week, NEAR’s price declined by 2.56%. In the last month, the price changed by -5.95%. Currently, NEAR is trading between $4.75 and $5.83. The 10-day simple moving average is $4.98, slightly below the 100-day average of $5.33. The Relative Strength Index (RSI) stands at 45.25, which suggests that the asset is neither overbought nor oversold. The Stochastic indicator is at 39.92, supporting the RSI’s neutral stance. The MACD level is -0.0677, hinting at slight bearish momentum. Looking ahead, NEAR faces its nearest resistance at $6.55. Breaking above this level could pave the way toward the second resistance at $8.00. Moving to the first resistance would represent an increase of over 13%. On the downside, the nearest support is at $3.63, and falling to this level would mean a decline of around 16%. If the price drops further, the second support at $2.18 comes into play. The data suggests that NEAR’s price could either bounce back from current levels or test these support zones in the near future. You might also like: MELANIA and TRUMP rule the crypto market, XYZVerse aims to dethrone them Artificial Superintelligence Alliance Over the past week, the FET token of the Artificial Superintelligence Alliance has declined by 5.29%. In the last month, it fell by 6.58%, and over the past six months, it has decreased by 3.46%. These consistent declines suggest a bearish trend in the market. FET is currently trading between $1.13 and $1.43. The nearest support level is at $0.96, and a second support is at $0.66. If the price continues to decrease, it may test these support levels. On the upside, the nearest resistance level is at $1.55, with a second resistance at $1.84. Overcoming these resistances could indicate a shift towards a bullish trend. The Relative Strength Index (RSI) is at 45.40, which is below the neutral 50 mark, suggesting slight bearish sentiment. The Stochastic oscillator is at 46.51, also indicating a neutral to bearish stance. The MACD level is negative at -0.0171, pointing towards bearish momentum. The 10-day Simple Moving Average is $1.16, which is below the 100-day SMA of $1.28, indicating that the short-term price is underperforming compared to the longer-term average. Ondo Ondo has shown significant movements. Over the past six months, its price increased by 37.68%. In the last month, however, it declined by 21.51%. This past week saw a recovery with a 2.65% rise. The coin is currently trading between $1.20 and $1.55. Technical indicators present mixed signals. The Relative Strength Index (RSI) stands at 47.03, suggesting a neutral market. The MACD level is slightly negative at -0.0172, indicating mild bearish momentum. Meanwhile, the Stochastic at 62.63 points toward potential upward movement. The 10-day and 100-day simple moving averages are close at $1.29 and $1.33, indicating consolidation. Based on this data, ONDO’s price might stabilize or see moderate growth in the near term. Looking ahead, the nearest resistance level is $1.80. If ONDO breaks through this, it could reach the next resistance at $2.26, representing an increase of about 43% from current levels. On the downside, support exists at $0.88 and further at $0.42 if the price dips significantly. You might also like: Crypto portfolio 2025: XRP, SOL, DOGE, XYZVerse are top contenders Hedera Hedera has been performing strongly in recent times. In the past week, its price increased by 4.12%. Over the last month, it rose by 10.15%. Remarkably, in the past six months, HBAR has surged by 207.56%. This significant growth indicates rising interest in the coin. Currently, HBAR trades between $0.32 and $0.40. It is approaching the nearest resistance level at $0.47. If it breaks through this point, the next target could be the second resistance at $0.62. Reaching this level would represent a substantial increase from the current price. On the downside, the nearest support level is at $0.18, which may provide a safety net if the price dips. The Relative Strength Index is at 44.99, suggesting HBAR is neither overbought nor oversold. The 10-day Simple Moving Average is at $0.33, slightly below the 100-day average of $0.35. The MACD level sits at -0.0048, indicating slight bearish momentum. However, considering the recent price gains, there’s potential for the upward trend to continue. Traders will be watching these levels closely to see if HBAR can sustain its momentum. Conclusion While NEAR, FET, ONDO, and HBAR show promise, XYZVerse uniquely combines sports and meme culture, aiming for 20,000% growth and becoming the G.O.A.T of memecoins. To find more information about XYZVerse, visit their website , Telegram , or X . Read more: What whales are keeping secret about Stellar, Sui, Kaspa, and XYZVerse Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Speculations rise as the Ripple case approaches a significant SEC meeting. Former SEC attorney doubts a resolution will emerge from the upcoming meeting. Continue Reading: Ripple Case Sparks Speculation as Crypto Community Awaits SEC Meeting The post Ripple Case Sparks Speculation as Crypto Community Awaits SEC Meeting appeared first on COINTURK NEWS .
Ethereum’s journey into staking revenue has sparked pivotal discussions on governance reform amidst fluctuating market conditions. As Ethereum navigates its internal challenges, market dynamics reveal an intense spotlight on its
Crypto fund manager Bitwise Asset Management has officially filed for a Dogecoin (DOGE) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). The news broke after the company submitted its registration to the Delaware Department of State’s Division of Corporations on Jan. 23, a decision confirmed by Matt Hougan, Bitwise’s Chief Investment Officer, per a report from The Block. “This was from us,” Hougan said. The “Bitwise Dogecoin ETF” is the first attempt by any financial institution to bring a DOGE-focused ETF into the highly regulated U.S. market. The decision comes as no surprise to those watching its recent resurgence under the Trump administration, thanks to “First Buddy” Elon Musk. Created in 2013 by Billy Markus and Jackson Palmer, Dogecoin was designed as a satirical take on the growing crypto market. For years, the Shiba Inu-themed token floated in the shadow of its more serious counterparts. But things took a dramatic turn last year. Under the Department of Government Efficiency (D.O.G.E), led by President Donald Trump, Dogecoin has become a surprising symbol of financial innovation. The department’s website even displayed DOGE’s logo earlier this week, causing a ton of bullish speculation in the community. ETF Store President Nate Geraci expressed surprise that no company had taken the plunge earlier. “I remain shocked that no issuer has filed for a Dogecoin ETF,” Nate wrote on X (formerly Twitter) on January 15. He pointed out that DOGE is the seventh-largest cryptocurrency by market capitalization, calling the filing a potential marketing win or, at best, a path to SEC approval. Elon continues to be a major force behind DOGE’s mainstream acceptance. Bloomberg ETF analyst Eric Balchunas commented in November 2024, “Today’s satire is tomorrow’s ETF. Is DOGE a bridge too far? We’ll see.” The timing of the filing aligns with increasing optimism about regulatory reforms. “The hope is that the new administration moves quickly to designate which crypto assets are securities and which aren’t,” Geraci added. “Once that framework is in place, the approval path for additional spot crypto ETFs should become much clearer.” Land a High-Paying Web3 Job in 90 Days: The Ultimate Roadmap
Bitwise Asset Management’s recent filing indicates notable interest in launching a Dogecoin-based ETF, potentially expanding the meme coin’s investment avenues. The filing represents a strategic move for Bitwise, reflecting the
Democrat Representative Gerald Connolly said Donald Trump is unlikely to uphold a “single provision” of the Presidential Ethics Reform Act without intervention.
Coinbase founder and CEO Brian Armstrong says the latest memecoin frenzy is overwhelming the top US-based crypto exchange. Armstrong acknowledges that Solana is experiencing transactional delays on Coinbase amid a high volume surge in the trading of memecoins launched on the SOL network. In response to one customer complaining of delays on the social media platform X, Armstrong says, “Team is working hard on scaling our Solana infra now – lots of Solana activity last few days, we were not anticipating this level of surge.” Armstrong also responds to another customer complaining they’ve been waiting two days so far for their transfer of SOL to a private wallet to go through. “It’s a scaling challenge keeping up with activity on Solana chain (which surged lately), not solvency. Customer funds are 100% backed and audited periodically by Deloitte. Team is working hard to resolve it.” According to blockchain data aggregator DefiLlama, Solana has done $22.25 billion in trading volume in the last 24 hours while Ethereum ( ETH ) – the top smart contact platform by market cap – has only done $6.21 billion. Solana has also done $35.5 million in fees on the day while Ethereum has only done $15.7 million. US President Donald Trump and First Lady Melania Trump both chose the Solana network to launch their respective memecoins just days before the presidential swearing-in ceremony on Monday. Solana is trading for $251 at time of writing, up 5.4% in the last 24 hours. Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Memecoin Explosion on Solana Overwhelms Coinbase – Brian Armstrong Says Firm Not Expecting ‘This Level of Surge’ appeared first on The Daily Hodl .
The DOJ has announced that CLS Global FZC LLC will plead guilty to market manipulation and wire fraud. If the plea deal is approved, CLS Global will pay a $428,059 penalty consisting of seized cryptocurrency and a fine. CLS Global Busted in FBI Sting Operation The U.S. Department of Justice (DOJ) announced on Jan. 21