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XRP and dogecoin plunged over 10% to lead losses among crypto major as confirmation of fresh U.S. tariffs on China hit Asian markets on Friday, adding to an already tumultuous week for cryptocurrencies.Bitcoin dropped 7% to near $79,000 for the first time since November, down nearly 30% since its …
By Callum KeownBitcoin, XRP and other cryptocurrencies struggled to mount a rebound Wednesday, after a sharp selloff in recent days.The price of Bitcoin fell 1.9% to $86,347, only slightly higher than the 24-hour low of $86,099, according to CoinDesk data. The world's largest cryptocurrency is still…
A former chief attorney at the Commodity Futures Trading Commission (CFTC) believes the agency is well-positioned to regulate memecoins, as US regulators debate which authority should oversee the controversial sector.Elizabeth Davis, partner at the law firm Davis Wright Tremaine and an ex-CFTC chief…
Ever since US President Donald Trump launched his signature memecoin, TRUMP, on Jan. 18, at least five top politicians have been embroiled in fake or fumbled token launches — a worrying number in just a month’s time.Of particular note is Argentine President Javier Milei’s involvement in the LIBRA to…
Most currencies in resource-rich Latin America edged higher on Thursday, with Chile's peso in the lead, tracking higher commodity prices, while investors also assessed the minutes from the Mexican central bank's latest meeting.MSCI's index tracking Latam currencies (.MILA00000CUS) edged up 0.06%…
Ether was looking to secure $2,800 as digital assets showed some signs of revival after a weekslong dry spell. 🔥 Bitcoin Prices RiseBitcoin prices turned up early Thursday for no apparent reason other than pure buy-the-dip efforts from traders. The orange digital asset advanced to levels around $9…
By Callum KeownThe price of XRP surged overnight on expectations that the world's first spot exchange-traded fund tracking the cryptocurrency could soon begin trading in Brazil.The token is up more than 5% over the past 24 hours at $2.71, according to data from CoinDesk, and has now gained 350% over…
LIJA, Malta, Feb. 20, 2025 (GLOBE NEWSWIRE) — On February 19, 2025, President Donald Trump shared on Truth Social a CoinDesk article highlighting Ripple’s expanding U.S. operations, increased institutional interest, and a growing number of partnerships in the financial sector.The endorsement comes…
The U.S. Securities and Exchange Commission filed a motion on Wednesday to voluntarily dismiss its appeal of a ruling that limited its ability to apply securities laws to crypto and DeFi users. “Defendants-appellants Securities and Exchange Commission et al. hereby move to voluntarily dismiss this a…
The era of memecoins as a supposedly fair trading opportunity is "unquestionably over," according to Nic Carter, a partner at Castle Island Ventures. In a post on X, Carter argued that memecoins—tokens with little to no utility beyond speculative trading—were initially attractive because they appear…
Today in crypto, the SEC is reportedly prioritizing pausing crypto enforcement cases with imminent deadlines while addressing regulatory gaps; Bitcoin’s price action is raising concerns of possible market manipulation, according to Samson Mow, and the US Senate has confirmed Howard Lutnick as commer…
U.S. President Donald Trump attributed bitcoin's record highs to his commitment to making "America the crypto capital.""Bitcoin set multiple all-time record highs because everyone knows that I'm committed to making America the crypto capital," Trump said at the Future Investment Initiative Institute…