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Mark Cuban rails against memecoins like Official Trump: You get ā€˜a seat in a game of musical chairs’

Mark Cuban rails against memecoins like Official Trump: You get ā€˜a seat in a game of musical chairs’

Billionaire entrepreneur Mark Cuban criticized the crypto community's reaction to President-elect Donald Trump launching his own memecoin, arguing that such tokens provide little value and that the rules still need to be followed.Cuban was responding to a thread that suggested Trump's memecoin Offic…

SEC sues Nova Labs over alleged unregistered crypto securities offerings

SEC sues Nova Labs over alleged unregistered crypto securities offerings

The United States Securities and Exchange Commission (SEC) has filed a lawsuit against Nova Labs, the firm behind the open-source Helium Network, just days before SEC chair and known crypto critic Gary Gensler steps down as chair on Jan. 20.The SEC alleges that the company sold unregistered investme…

Wave of ETF filings proposes Litecoin ETF, XRP and Solana leveraged funds, and more

Wave of ETF filings proposes Litecoin ETF, XRP and Solana leveraged funds, and more

Asset managers such as VanEck and ProShares submitted a flurry of crypto ETF filings in recent days, proposing funds that would trade tokens such as Litecoin, XRP, and Solana, as President-elect Donald Trump's inauguration on Monday grows nearer.Ā Some expect a Solana ETF to launch by the end of 2025…

XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue

XRP Price Rallies To ATH At $3.4, Here’s What’s Driving It And Why The Pump Will Continue

The XRP price has rallied to its all-time high (ATH) of $3.4, sparking bullish sentiment in the XRP community. This price surge is due to bullish fundamentals, including Donald Trump’s receptiveness to a crypto reserve that would include the coin.Ā Factors Behind The XRP Rally To Its ATHCoinMarketCap…

Best of the Week: Preparing for a New Trump Era

Best of the Week: Preparing for a New Trump Era

CoinDesk’s coverage kicked into high gear this week as crypto readied for a new presidency and a new regulatorily-friendly era.Some highlights:Senior analyst James Van Straten reported on a wave of companies buying bitcoin for their balance sheets, following a model pioneered by MicroStrategy’s Mich…

Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

Bitcoin Breaks Out Of Cup-And-Handle Pattern, Eyes $276,000 Target

The market’s leading cryptocurrency, Bitcoin (BTC), has rejoined the crypto rally, gaining momentum on Friday amid reports that President-elect Donald Trump may issue an executive order prioritizing cryptocurrencies as soon as he takes office.Ā As of the latest data from CoinGecko, Bitcoin surged nea…

Digital Currency Group agrees to pay $38 million to settle with SEC over negligence

Digital Currency Group agrees to pay $38 million to settle with SEC over negligence

Global investment firm Digital Currency Group agreed to settle and pay $38 million to the U.S. Securities and Exchange Commission on Friday over allegations that it misled investors via crypto lender Genesis Global Capital, LLC.Ā The SEC said that one of Genesis' largest borrowers was asset hedge fun…

SEC's Last Major Legal Official Exits, Leaving Clean Slate for Trump Era

SEC's Last Major Legal Official Exits, Leaving Clean Slate for Trump Era

The U.S. Securities and Exchange Commission's top lawyer, General Counsel Megan Barbero, will step away next week, joining the exodus of top agency officials who had been responsible for the SEC's legal battles with the crypto industry in recent years."Her measured advice and judgment have been crit…

Here’s what happened in crypto today

Here’s what happened in crypto today

Today in crypto, outgoing Securities and Exchange Commission Chair Gary Gensler downplayed the influence of crypto interest groups on the 2024 US presidential election, despite funds raised from the crypto sector.Global banking giant JPMorgan has projected that the approval of spot Solana and XRP ex…

Ripple execs lash out at SEC’s refusal to postpone appeal filing

Ripple execs lash out at SEC’s refusal to postpone appeal filing

Though party leadership at the US Securities and Exchange Commission (SEC) will change hands on Jan. 20, the regulator appeared to be moving forward with its current lineup of enforcement cases in court.In a Jan. 14 X post, Ripple chief legal officer Stuart Alderoty said the SEC would not be postpon…

Why is XRP price up today?

Why is XRP price up today?

XRP’s price has wiped the losses in recent days, jumping 11.30% in the past 24 hours to reach its monthly high of $2.60 on Jan. 14.Key catalysts propelling XRP prices higher today include indications of easing inflationary pressures and the potential for President-elect Donald Trump to sign pro-cry…

Bitcoin Surges Back to $94,000 as Trump Plans Pro-Crypto Executive Orders

Bitcoin Surges Back to $94,000 as Trump Plans Pro-Crypto Executive Orders

Bitcoin has bounced back to $94,000 following reports that Donald Trump is preparing to sign pro-crypto executive orders on his first day in office.Ā These orders could overturn key regulatory measures, including the SEC’s Staff Accounting Bulletin 121 (SAB 121).Trump is Reportedly Preparing to Overh…