In a significant development for the cryptocurrency industry, Congressman Tom Emmer has stepped into the role of Vice Chair for the House Subcommittee on Digital Assets, Financial Technology, and Artificial Intelligence. This appointment, announced by Committee Chairman French Hill on January 14, highlights Emmer’s longstanding commitment to championing digital assets and the associated technologies that
Crypto
Since its launch in August 2023, Shibarium has established itself as a pivotal layer-2 scaling solution within the Shiba Inu ecosystem. Its objectives—to enhance scalability, minimize transaction costs, and optimize speed—underscore the platform’s ambitions in a highly competitive crypto landscape. Within a short time frame, Shibarium has achieved remarkable milestones, processing over 800 million transactions
The world of Non-Fungible Tokens (NFTs) is no stranger to volatility, particularly when it comes to iconic collections like CryptoPunks. On January 14, 2024, the floor price of CryptoPunks NFTs experienced a remarkable spike, rising nearly 15% in a span of just three hours. This surge was fueled by a whirlwind of speculation surrounding the
The recent lawsuit filed by the United States Securities and Exchange Commission (SEC) against Elon Musk, who currently holds the title of the world’s richest person, has ignited discussions surrounding corporate disclosures and regulatory compliance. Central to the SEC’s claim is Musk’s alleged failure to timely report his significant acquisition of Twitter (now known as
The cryptocurrency landscape is once again abuzz with excitement, particularly focused on XRP, which has recently surged to a remarkable seven-year high, nearing $2.90. This significant price hike comes in the wake of optimism regarding XRP’s applications in banking transactions, as well as emerging rumors surrounding potential Exchange-Traded Funds (ETFs). Such developments have paved the
In a commendable move to support those impacted by the recent catastrophic wildfires in California, Ripple, a leading cryptocurrency company, has made a significant donation of $100,000 in XRP tokens. This contribution, facilitated via The Giving Block, is earmarked for essential relief operations driven by reputable nonprofit organizations such as World Central Kitchen and GiveDirectly.
The recent developments surrounding Binance, the largest cryptocurrency exchange in the world, underline the complexities faced by entities operating within the digital asset sphere. The U.S. Supreme Court’s refusal to review a pivotal ruling regarding U.S. securities laws has dramatically shifted the legal landscape for Binance and its founder, Changpeng Zhao. This decision stems from
In a comprehensive survey conducted by the on-chain analytics platform CryptoQuant, a revealing portrait of the crypto user base emerged for the year 2024. The survey, executed between November and December of the same year, gathered insights from 1,478 participants hailing from diverse regions, including Asia, Europe, North America, South America, Africa, the Middle East,
In recent days, Bitcoin (BTC) has dipped under the critical threshold of $90,000, prompting concern among investors and analysts about the potential for increased volatility in the cryptocurrency market. Historically viewed as a resilient asset, Bitcoin now faces headwinds that could significantly impact its price trajectory. Factors contributing to this downward movement are linked to
The cryptocurrency market is well known for its volatility, and recent events have exemplified this characteristic, particularly with Ripple’s XRP token. After an intense period marked by price surges and sharp corrections, XRP’s value experienced a revival, rebounding to around $2.53 as investors began to regain confidence. This recovery comes on the heels of a
