Crypto News

SEC Chair Gary Gensler has officially stepped down, ending a tenure defined by strict cryptocurrency enforcement and calls for clearer regulations to encourage innovation. Gary Gensler’s Departure: A New Chapter for the SEC Gary Gensler, chair of the U.S. Securities and Exchange Commission (SEC), has concluded his tenure at the agency, leaving on Jan. 20.Source link

A short-lived Trump family token frenzy has left hopeful investors with steep losses.Official memecoins of U.S. President Donald Trump and First Lady Melania are down as much as 60% in the past 24 hours amid heavy profit-taking after Monday’s inauguration. Futures tracking the two tokens have fared similarly bad for traders — with liquidation losses at nearly $70 million for those betting on higher prices.These are not thinly-traded tokens where prices are easy to shift, either. Data shows TRUMP amassed over $19 billion in volumes over a 24-hour period, while MELANIA saw $4.5 billion exchange hands.Major tokens, such as Tron's TRX and Cardano’s ADA did under $4 billion in volumes in the same period, indicative of the high interest in...

While the launch of meme coins from the Trump family marks a milestone in crypto, some say it still represents a "concerning trend."Source link

To qualify for investment by Utah's Treasury, digital assets must either maintain a beefy market cap or meet strict stablecoin criteria.Source link

Polymarket bettors currently estimate a 64% chance that the U.S. will establish a national bitcoin reserve by the end of 2025, following Donald Trump’s inauguration today. Bettors Still Signal Strong Support for U.S. Bitcoin Reserve Proposal The concept of a U.S. bitcoin reserve has drawn significant attention in recent months, with advocates arguing it couldSource link