Author: CryptoHoppers

Key Takeaways Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs. Simon’s appointment is expected to influence crypto regulation, promoting innovation with investor protection. Share this article Ammon Simon has been appointed Chief Counsel for the US Senate Committee on Banking, Housing, and Urban Affairs, according to his LinkedIn announcement.Simon previously served as counsel to SEC Commissioner Hester M. Peirce, where he focused on regulatory policies for crypto assets and emerging financial technologies. During his tenure at the SEC, he worked to facilitate dialogue between the agency and industry stakeholders on…

In a post on X, Bitwise CIO Matt Hougan commented on reports of a potential $6.5 billion Bitcoin sell-off by the Biden administration. He offered two bullish ways the market could tackle the situation. He wrote, “If the US government actually sells $6.5B bitcoin in the waning days of the Biden Administration: 1) The market will hoover it up; 2) The new Administration will buy it back.” Bitcoin markets reacted sharply to this development, with prices plunging to $91,800 on Thursday, the lowest since December 9, marking a 43-day low. The BTC price has seen a steep 10% decline over…

In the latest announcement, Pyth Network announced its partnership with Revolut, a global leader in digital banking as a data publisher to contribute its trusted price data to the decentralized finance (DeFi) ecosystem. The collaboration highlights the growing convergence of traditional finance (TradFi) and decentralized finance (DeFi), which offers advancements in transparency and market efficiency.  Revolut, the digital banking giant serving 45M users across 200 countries, just became a Pyth Network data publisher! Real-time price feeds from a fintech giant = better data for builders, more transparency for users. The future of finance isn’t either/or — it’s both. 🤝 pic.twitter.com/9KKIMBlyE9…

Key Takeaways Russian bailiffs are in the process of transferring Bitcoin from Marat Tambiev to state revenue. The case involves the confiscation of 1,032.1 BTC, marking a significant crypto bribery scandal in Russia. Share this article Russian bailiffs are in the process of liquidating more than 1,032 Bitcoin, worth approximately one billion rubles, seized from Marat Tambiev, a former investigator of the Russian Investigative Committee who was convicted in a high-profile crypto bribery case, TASS reported Thursday.Tambiev, who previously served as a chief investigator in the Tver District of Moscow, was found guilty of accepting 1,032 BTC as a bribe…

Phoenix Group, a crypto company based in the UAE, is pushing hard to get into the US market. In a recent news release, the company said that its newest 50MW Bitcoin mining facility in North Dakota was now fully operational. News sources say that this new mining plant can boost the company’s current hash rate by up to 2.7 exahashes. The new crypto mining center has cutting-edge technologies and a better layout to make it work better and faster. The North Dakota project is Phoenix Group’s second crypto-mining facility in the country. The group’s first was a 25MW crypto mining…

Key indices such as adoption, transaction volumes, and activity levels reached new highs in 2024, giving blockchain technology a significant boost. Despite persistent regulatory hurdles, blockchain is booming, as shown by this increase. Blockchain networks have proven their ability to thrive and are moving toward broader use, even as regulators keep a close watch on the industry. On-Chain Transactions Hit New Heights However, the most notable breakthrough that the blockchain achieved in 2024 was the transaction volume. In December, on-chain trades were worth $817 million, which was a lot more than the previous high of $730 million in January 2022.…

Key Takeaways The US Department of Justice was approved to sell 69,370 Bitcoin seized from Silk Road, a new report said. Battle Born Investments opposed the sale but failed to block it. Share this article The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash’s ownership. The US Govt has been given the greenlight to liquidate 69,000 BTC ($6.5B) from Silk Road,…

Bitcoin may face short-term pressure as tightening global liquidity, following the Trump re-election, suggests a potential pause in price gains, analysts warn. Crypto investors should get ready for a short-term slowdown as global liquidity tightens, Matrixport, Asia’s blockchain analysis hub, wrote in a Jan. 8 research note. According to crypto analyst Markus Thielen, the tightening comes after a stronger U.S. dollar following the Trump re-election, and historically, shifts in global liquidity tend to affect Bitcoin’s (BTC) price about 13 weeks later. As liquidity tightens, Bitcoin could enter a consolidation phase, Thielen warns, noting that this usually happens when dollar-denominated liquidity…

Key Takeaways Coinbase has been granted an interlocutory appeal by Judge Failla, allowing it to challenge SEC’s claims at the Second Circuit Court of Appeals. The appeal raises significant questions about the application of securities law to digital assets, particularly concerning the Howey test. Share this article Coinbase has achieved a significant legal milestone in its ongoing battle with the SEC, as Judge Katherine Polk Failla of the Southern District of New York granted the company a rare interlocutory appeal.According to the filing, this decision allows Coinbase to bring its case to the Second Circuit Court of Appeals.The company will…

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Rollblock aims to outshine Dogecoin and Pepe in 2025, transforming the $450 billion casino industry with blockchain-powered transparency. Dogecoin and Pepe started the year with a bang, offering great returns for their holders. Historically, these two memecoins have performed very well in January, and it seems that 2025 won’t be much different.  However, some crypto investors have spotted an altcoin that can outshine both projects in the long run. Rollblock looks to redefine the casino industry with blockchain technology…