Author: CryptoHoppers
SEC files opening brief in its appeal against Ripple, seeks reversal on XRP classification
Key Takeaways The SEC filed a brief appealing a court ruling that found XRP was not a security when sold to retail investors. The SEC seeks to overturn the district court’s ruling and classify all XRP sales as unregistered securities offerings. Share this article The SEC on Wednesday filed an opening brief in its efforts to get the US Court of Appeals for the 2nd Circuit to overturn a previous court ruling that found XRP was not classified as a security when sold to retail investors.In a July 2023 ruling, Judge Analisa Torres of the US District Court distinguished between…
La prévente de Solaxy a réussi à collecter près de 9,2 millions de dollars mercredi. Actuellement, le Layer 2 de Solana a atteint les 10 millions de dollars. Un mois s’est écoulé depuis son lancement. Grâce à une prévente remarquable et aux optimisations effectuées par Layer 1 Solana, Solaxy est finalement d’attaque. L’augmentation de la visibilité et de l’accessibilité du projet, et particulièrement la cotation en bourse, est très attendue. Si vous n’avez pas suivi les premiers pas de Solana, vous avez la possibilité de contribuer à sa solution Layer 2. Vous pouvez ainsi profiter d’un rendement de 378x, voire…
Rep. Tom Emmer appointed as vice chair of House Subcommittee on Digital Assets and AI
Key Takeaways Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets. Emmer is a known crypto advocate, opposing strict federal regulations on digital assets. Share this article Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence, FOX Business journalist Eleanor Terrett said Tuesday. The appointment comes after Rep. Bryan Steil was named chair of the subcommittee last week. “With President Trump in the White House, and Gary Gensler confined to the waste bin of Washington, we have an excellent opportunity to ensure that…
In a recent post on X, Coinbase CEO Brian Armstrong shared a graph illustrating an unexpected development: stablecoin transaction volumes now rival Visa’s, a dominant player in global payments. This comparison not only highlights the growth of stablecoins in financial ecosystems but also raises questions about what these volumes actually represent. Interesting graph from Visa pic.twitter.com/jNytaeCN88 — Brian Armstrong (@brian_armstrong) November 15, 2024 Facts and Numbers As of the latest data, the transaction volume of stablecoins, led by popular ones like Tether (USDT) and USD Coin (USDC), reached over $1.3 trillion in a 30-day period. Visa, for context, averaged about…
Key Takeaways Trump to issue crypto-focused executive orders on first day of presidency, reshaping US blockchain policy. Trump’s presidency is expected to usher in major policy shifts benefiting tech and crypto industries, with figures like Marc Andreesen and David Sacks influencing its direction. Share this article President-elect Donald Trump’s administration is set to prioritize the crypto industry from the very start of his presidency. According to a Washington Post report, the administration plans to issue executive orders on the first day of Trump’s term. These orders will focus on supporting digital assets and advancing blockchain technology, signaling a major shift…
Arthur Hayes continues divesting Ethena (ENA)
Crypto influencer Arthur Hayes sent two bulk transactions of Ethena (ENA) to Binance in the past couple of days. The transactions happen at a time when ENA trades near its higher range, but down from a recent peak above $1.20. Crypto influencer Arthur Hayes may be divesting his Ethena (ENA) holdings, after two significant transactions to Binance a few weeks apart. Just weeks before the current trades, Hayes spelled out a new strategy for a choppy market amid economic and geopolitical insecurity. The recent ENA transactions are among the few big moves for Hayes in the past weeks. For now,…
Jordan has passed a new blockchain strategy to modernize government processes, indicating the country’s desire to embrace cutting-edge technologies and increase public sector efficiency. The move is part of a larger effort to use blockchain as a tool to improve openness and accountability in government services. Blockchain Revolution In Government The adopted strategy seeks to include blockchain technology into many spheres, including public administration, healthcare, and financial industry. The Jordanian government wants to simplify administrative procedures and improve public service delivery by using the capacity of technology to produce safe, unchangeable records. This could lower fraud, fight corruption, and finally…
Bitcoin rally faces headwinds from Trump’s diverging crypto trades, say experts
Key Takeaways Bitcoin experienced its worst weekly performance due to a strong dollar and Trump’s potential tariff plans. Despite short-term challenges, long-term structural tailwinds for Bitcoin and digital assets remain intact. Share this article Bitcoin’s rise of over 45% in the aftermath of the November 5 presidential election had already lost steam. Analysts anticipate more turbulence ahead as President-elect Donald Trump’s proposed tariff plans and robust employment figures drive bond yields higher, strengthening the dollar and putting pressure on digital assets.“Bitcoin’s problem at the moment is the strong dollar,” Zach Pandl, head of research at Grayscale Investments, told CNBC, noting…
Spot Bitcoin ETFs revolutionized finance, amassing $660 billion in trading volume by 2024 Ethereum ETFs showed resilience too, closing 2024 with $35 billion in inflows despite challenges 11 January 2025 marked the first anniversary of U.S Spot Bitcoin [BTC] ETFs. This groundbreaking development revolutionized both the cryptocurrency landscape and traditional finance. Approved by the U.S. Securities and Exchange Commission (SEC) on 10 January 2024, these ETFs quickly became a dominant force, accounting for the entirety of the $44.2 billion in global crypto investment inflows by the end of 2024. Bitcoin ETFs’ 1-year performance recap Early market leaders like BlackRock, Fidelity,…
The allure of a corporate treasury that’s chock-full of cryptocurrency is enticing the National Center for Public Policy Research (NCPPR) yet again. This time, the group has Meta Platforms Inc. in its crosshairs. Ethan Peck, a National Center employee, submitted a Bitcoin Treasury Shareholder Proposal to Meta on behalf of his family, marking yet another attempt to bring the cryptocurrency to the boardrooms of tech giants. Tim Jotzman, a Bitcoin (BTC) podcast host, shared the proposal on Jan. 10 via a social media post. See below. A #Bitcoin Treasury Shareholder Proposal has been submitted to Meta.The shareholder, Ethan Peck, who…