The U.S. Securities and Exchange Commission (SEC) could have a significantly different outlook on the crypto sector in 2025. On Friday, SEC Commissioner Jaime Lizárraga announced he would step down from his position in January, following in the footsteps of the regulator’s chair, Gary Gensler, who published a similar announcement the previous day. Both Gensler The post Democratic SEC Commissioner Jaime Lizárraga Announces Plan To Step Down, Following Gary Gensler’s Footsteps appeared first on The Daily Hodl .
Thousands of banks and financial institutions around the world are bracing for new developments on a third-party data breach. The financial services giant Finastra has confirmed it detected “suspicious activity” in an internal file transfer system. The breach, which was first reported by cybersecurity journalist Brian Krebs, was discovered after someone on the dark web The post 8,100 Banks and Financial Institutions Brace for Fallout As Hackers Reveal Major Data Breach on Dark Web: Report appeared first on The Daily Hodl .
The post XRP Price Surge: Ripple Investors Who Bought XRP In Dip Are Cashing Out Profits And Pumping It Into WallitIQ (WLTQ) For Triple Gains appeared first on Coinpedia Fintech News The recent rally in the XRP price has captured significant attention in the cryptocurrency market. Ripple investors who strategically bought the dip are now reaping substantial profits as the XRP price rebounds. However, a growing trend reveals that many of these investors are redirecting their gains into WallitIQ (WLTQ), a platform poised for transformative growth …
Bitcoin's price increased significantly today, reaching a daily peak. Investors expect BTC to reach $100,000 soon based on recent trends. Continue Reading: Bitcoin Price Reaches Daily Peak as Investors Anticipate Significant Gains The post Bitcoin Price Reaches Daily Peak as Investors Anticipate Significant Gains appeared first on COINTURK NEWS .
Non-fungible token (NFT) sales cooled off this week, slipping 9.3% compared to the prior period, even as the broader cryptocurrency market climbed higher. NFT Market Shifts: Ethereum and Bitcoin Sales Plunge, Solana Gains Ground Data from cryptoslam.io revealed that NFT transactions over the past seven days amounted to $161.47 million. Ethereum NFTs dominated with $51.81
Dan Gallagher, Robinhood Markets’ chief legal officer, has withdrawn from consideration to lead the U.S. Securities and Exchange Commission under the incoming Trump administration. Gallagher’s decision to remove himself from consideration marks a major development in the search for Gary…
Dan Gallagher, Robinhood Markets’ chief legal officer, has withdrawn from consideration to lead the U.S. Securities and Exchange Commission under the incoming Trump administration. Gallagher’s decision to remove himself from consideration marks a major development in the search for Gary…
Key takeaways: SUI is the native token of the Sui blockchain and governs and settles fees on the blockchain. Users can stake their SUI tokens with validators in a delegated proof-of-stake model, enabling active participation in consensus and potential rewards. SUI’s notable feature is its ability to achieve parallel agreement on independent transactions, leading to
The post XRP Price Prediction: XRP Soars 24%, Buy Now or Wait for Better Entry? appeared first on Coinpedia Fintech News XRP is leading the crypto market pump today with a 24% gain. Is it a good time to buy, or do other cryptocurrencies provide a better opportunity for gains? Gary Gensler Says Good Riddance, XRP Skyrockets The US Securities and Exchange Commission’s (SEC) long-standing lawsuit against XRP creator Ripple Labs is very likely about to …
While Ethereum seems to have begun its own major rally, the asset has recently experienced significant activity on the Deribit Options Exchange which begs the question of what it means for ETH’s price. A CryptoQuant analyst known as Amr Taha detailed these developments in a post on the CryptoQuant QuickTake platform. The analysis focused on substantial outflows from the exchange to cold wallets, highlighting potential implications for market sentiment and liquidity. Related Reading: Ethereum Sees Neutral Netflow On Binance: What Does This Signal? ETH Netflows On Deribit And The Implications According to Taha, the Deribit Options Exchange recorded a notable transaction involving 233,000 ETH transferred to a cold wallet. Valued at approximately $783 million, the transaction was executed at an average price of $3,350 per Ethereum. This was not limited to Ethereum alone—Bitcoin also witnessed a similar outflow, with 31,000 BTC worth $3.038 billion moved to cold storage. These transfers have sparked speculation about the motivations behind such activity and their potential impact on the broader market. As a result, the CryptoQuant analyst highlighted four major implications of this movement. First, the reduction in selling pressure is notable. Assets stored in cold wallets are less likely to be sold immediately, which can decrease liquidity on exchanges. Taha noted that this scenario may contribute to price stability or even further boost the bullish trend in the market if demand remains steady or increases. Another key takeaway from these transactions is the possibility of institutional accumulation. Such large-scale transfers often indicate that institutional investors or high-net-worth individuals are confident in Ethereum’s long-term value. Furthermore, Taha highlighted Deribit’s strategy of moving these funds as part of a risk management approach. The analyst wrote: Moving assets to cold storage is a security practice to minimize exposure to hacking risks. It also reflects a cautious approach, likely due to regulatory scrutiny or anticipated market volatility. Additionally, Taha highlighted that this move could also have impact on market sentiment where by traders could interpret these transactions as bullish, “leading to increased buying activity.” Ethereum Market Performance Meanwhile, Ethereum currently trades above the $3,300 mark following an increase of 8.2% in the past week and 1.3% in the past 24 hours. The asset’s market cap has also significantly surged alongside its price with a current valuation nearing $400 billion. According to renowned crypto analyst known as EᴛʜᴇʀNᴀꜱʏᴏɴᴀL on X, Ethereum current price chart appears to be mirroring that of 2016-2017 where it experienced a “mega bull” run. Related Reading: Ethereum Attempts Key Breakout: Analysts Set Next Target As ETH Reclaims $3,200 According to the analyst, “altcoins will follow” as Ethereum continues to increase. #Ethereum $10k+ step by step!$ETH repeats the bullish megaphone pattern it drew while heading towards the 2016-2017 mega bull period, before the 2024-2025 mega bull period.#Alts will follow! pic.twitter.com/VRVI8lwnsS — EᴛʜᴇʀNᴀꜱʏᴏɴᴀL 💹🧲📈 (@EtherNasyonaL) November 22, 2024 Featured image created with DALL-E, Chart from TradingView