The United States Senate Banking Committee is on the verge of creating a dedicated subcommittee focused on cryptocurrency, under the chairmanship of Tim Scott. This initiative reflects a significant shift in the legislative landscape concerning digital assets. The nomination of Senator Cynthia Lummis to helm the subcommittee has been confirmed, though it is pending a
Crypto
The cryptocurrency landscape often resembles a volatile sea, subject to wide swings in value and sentiment. Over the past week, this volatility has been particularly pronounced, as cryptocurrencies collectively lost approximately $200 billion in market capitalization. Bitcoin, the trailblazer of the crypto world, has seen its price plummet, reflecting broader concerns about economic stability and
This week’s analysis of the cryptocurrency market highlights significant movements and patterns in major players like Ethereum (ETH). Despite a strong attempt to breach the $3,600 mark, Ethereum faced robust selling pressure that pushed it back to critical support at $3,200. The recent 4% week-on-week decline raises concerns about the asset’s ability to maintain upward
Bitcoin has garnered significant attention over the past several years, both as a digital asset and as a potential disruptor to traditional financial systems. Its increasing integration into mainstream finance, alongside speculation about the United States potentially establishing a Bitcoin strategic reserve, has caused many analysts to predict an imminent supply shock. Such a scenario
In an unexpected blend of corporate strategy and high-profile networking, Ripple’s leadership kicked off 2025 with a significant dinner meeting at Donald Trump’s Mar-a-Lago estate. CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty were in attendance, marking a moment that could potentially alter Ripple’s trajectory amidst a fluctuating cryptocurrency landscape. Their meeting, which Garlinghouse
Recently, market analysts have begun to spotlight Cardano’s ADA as a potential breakout candidate within the cryptocurrency realm. Despite its strong start to the year, the past few days have brought nothing but turmoil for the digital currency market as a whole. Bitcoin (BTC), often seen as the bellwether for altcoin performance, has experienced significant
In a significant announcement on January 9, DB News reported that the U.S. government has received authorization to liquidate 69,000 BTC, primarily seized from the Silk Road, amounting to approximately $6.5 billion. This decision follows a ruling by a federal judge on December 30, which empowered the Department of Justice (DoJ) to proceed with the
Shiba Inu (SHIB), once recognized primarily as a meme coin, has transitioned into a more serious player within the cryptocurrency landscape. After an impressive rally last year where its value surged over 100%, SHIB is kicking off 2025 with a positive momentum, exemplified by a 12% increase in the past week alone. This price movement
The dramatic decline of the Terraform Labs’ cryptocurrencies, TerraUSD and Luna, has triggered a wave of legal scrutiny, envisioning a grim aftermath that could potentially impact over one million individuals and entities worldwide. As claimed by U.S. prosecutors in a recent court filing, the losses incurred from the collapse of these cryptocurrencies have shed light
As we step into 2025, Bitcoin has begun the year with impressive momentum, trading above the landmark price of $100,000. This resurgence reflects an almost 8% increase in a single week, yet the cryptocurrency still faces the challenge of reclaiming its recent high of over $108,000. The current landscape signifies more than just a price
