Crypto News

As inflation concerns faded, traders’ allocations to Bitcoin and other crypto funds surged ahead of Trump's inauguration.Source link

Over the past hour, XRP is presently trading at $3.24 to $3.28, commanding a market capitalization of $191 billion alongside a 24-hour trading volume of $17.98 billion. Intraday price fluctuations have delineated a range between $2.91 and $3.33. XRP On XRP’s 1-hour chart, a transient retracement has emerged following XRP’s attempt to breach resistance atSource link

Caroline Pham, one of the Republican commissioners at the Commodity Futures Trading Commission, will take over the agency on an interim basis, according to two people familiar with the decision, as the administration of President Donald Trump shifts U.S. policy toward a friendlier relationship with digital assets.The CFTC stands to become a leading federal watchdog for crypto, and Pham takes over as acting chair at a point of major potential transition for the agency. Most of the early legislative efforts to establish a digital assets roadmap envision the CFTC taking over regulation of crypto spot markets for widely traded tokens such as bitcoin (BTC) and Ethereum's ether (ETH). Those earlier bills are expected to be the foundation of crypto work...

Donald and Melania Trump's respective tokens have stolen the spotlight from Dogecoin and other long-running meme coins.Source link

Donald Trump’s launch of the TRUMP meme coin has sparked a market frenzy, but it also raises critical legal and tax questions. Potential Political and Ethical Concerns for Trump Memecoin Donald Trump, the U.S. President-elect stirred the crypto world by launching his meme coin, TRUMP, just days before his inauguration. While the coin has capturedSource link