Author: John Smith

Crypto.com has withdrawn its lawsuit against the U.S. Securities and Exchange Commission, which contested the agency’s jurisdiction over specific digital assets. This decision comes after a meeting between Crypto.com CEO Kris Marszalek and President-elect Donald Trump at Mar-a-Lago on Dec. 16. The two discussed crypto-friendly policies, including Trump’s proposed national Bitcoin reserve. The lawsuit, initiated in October 2024, sought to prevent the SEC from expanding its authority beyond statutory limits.  Wells Notice response Crypto.com filed the suit after receiving a Wells Notice from the SEC, indicating potential enforcement action for alleged securities violations. Marszalek responded by emphasizing the need for…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. After PNUT’s 1,800% surge and PENGU’s 500% rise, analysts predict CATZILLA’s 5,000% rally driven by viral hype and rewards. After PNUT’s astonishing 1,800% surge and PENGU’s impressive 500% explosion, the crypto world is abuzz with talk of the next big contender: CATZILLA. Analysts are now spotlighting this meme coin, forecasting a staggering 5,000% rally fueled by its unique blend of viral storytelling, strategic gameplay, and early investor rewards. Could CATZILLA emerge as the breakout star of the meme coin…

Pepe coin price dropped for three consecutive days, invalidating a previously bullish pattern and forming another bearish one. Pepe (PEPE), the third-largest meme coin globally, fell to a low of $0.00002117, marking its lowest level since December 6. This decline coincided with broader cryptocurrency market losses. Bitcoin (BTC) fell to $104,400, retreating from its record high of $108,000. The total market cap of all cryptocurrencies dropped by 5% to $3.82 trillion. Pepe plunged in a high-volume environment. According to CoinGecko, its 24-hour volume was $2.2 billion, much higher than Shiba Inu’s (SHIB) $725 million.  The ongoing crypto sell-off is happening…

The Hong Kong Securities and Futures Commission has granted conditional licenses to four virtual asset trading platforms.  The platforms — Accumulus GBA Technology, DFX Labs, Hong Kong Digital Asset EX, and Thousand Whales Technology — must meet specific regulatory conditions before fully operating, according to the SFC. The licenses follow the SFC’s risk-based inspections introduced in June. These inspections are designed to evaluate compliance with Hong Kong’s virtual asset regulations, aiming to protect investors while fostering growth in the crypto sector. To proceed, the licensed exchanges must complete third-party vulnerability assessments and penetration tests. These tests identify and address potential…

Valour, the asset management business of DeFi Technologies, has launched its Hedera staking exchange-traded product on the Euronext Amsterdam. The ETP issuer announced on Dec. 18 that the 1Valour Hedera Physical Staking ETP had listed on the Euronext Amsterdam, expanding its Hedera (HBAR) ETP offerings for European investors. Valour is collaborating with the Hedera ecosystem’s venture capital and tech platform, The Hashgraph Group, to provide access to the product, which is based on the HBAR token. The Hedera HBAR ETP launched with $5 million in seed funding from The Hashgraph Group. According to Valour, the launch is part of the…

XRP price retreated on Wednesday as a sea of red spread across the cryptocurrency industry ahead of the Federal Reserve’s decision. Ripple (XRP) dropped by over 5%, erasing most of the gains made on Tuesday after the RLUSD stablecoin launch.  The decline led to significant liquidations of bullish positions, totaling over $15.19 million. Liquidations occur when exchanges automatically close positions due to insufficient margin. Short positions worth over $4.6 million were also liquidated, according to CoinGlass. Ripple’s retreat, which was anticipated, happened a day after the company launched the RLUSD stablecoin. According to CoinMarketCap, the stablecoin has started well as…

Mantra price rose for three consecutive days, becoming one of the best-performing cryptocurrencies as most others declined. Mantra (OM) token rose to $4, slightly above the lowest level this week. This rebound pushed the token’s market cap to over $3.8 billion. Its rally occurred even as the staking yield dropped to 15.4%. This represents a decline of over 12% in the last 24 hours, according to StakingRewards. This drop happened despite the staking market cap rising by over 5% to $2.4 billion. Still, Mantra offers one of the highest staking rewards in the crypto industry. For instance, Polygon yields 5.6%,…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rexas Finance, Sui, Cardano, and Hedera lead coins under $10 poised to turn $500 into $50K in crypto’s ongoing bull run. A few select coins under $10 are set for spectacular development in the ongoing cryptocurrency market bull cycle. Here’s how Rexas Finance, Sui, Cardano, and Hedera may turn a $500 investment into a $50,000 profit in just two months. Rexas Finance: The presale powerhouse, ready to soar Rexas Finance continues to impress investors with its unprecedented presale success.…

India’s blockchain advocacy group, the India Blockchain Alliance, has made a landmark announcement of a strategic partnership with Ras Al Khaimah Digital Assets Oasis, the world’s only common law free zone for digital asset enterprises.  The collaboration is set to build a unified global blockchain ecosystem to abet innovation and talent exchange between India and the UAE. It will also provide Indian blockchain companies with easy entry into the UAE market through RAK DAO’s ecosystem of over 400 companies, in addition to its legal and regulatory framework.  On the other hand, IBA’s extensive network and domain knowledge of the blockchain…

Aurora Labs has launched TurboChain and TurboSwap, two blockchain solutions designed to strengthen the TURBO ecosystem.  Developed in collaboration with the NEAR (NEAR) Protocol, these tools aim to improve transaction efficiency and expand access to decentralized finance, according to a release shared with crypto.news. TurboChain serves as a dedicated blockchain for the TURBO (TURBO) ecosystem, using TURBO as its core token for transactions. The chain is designed for speed, scalability, and low transaction costs, making it accessible to a wider range of users, including smaller investors.  The chain also provides developers with a platform to build decentralized applications while offering…