Chairman of the United States CFTC follows in Gensler’s footsteps and resigns from the position

Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), announced his resignation. It will come into force on January 20, 2025, the date of the inauguration of the president-elect of the United States, Donald Trump. According to a release Published on the CFTC’s official site this January 7, Behnam follows in the footsteps of … Read more

Mark Zuckerberg removes censorship from Instagram and Facebook before Trump’s inauguration

Zuckerberg promises less censorship, respecting users’ voices. Meta’s policy change is aligned with Trump’s inauguration. Social media giant Meta announced today that it has decided to end its fact-checking policy for posts circulating on Instagram and Facebook. The information was released by the company’s CEO, Mark Zuckerberg, thus committing to freedom of expression, just when … Read more

Don’t trade RLUSD stablecoin in DeFi, not yet

Today, there is no reliable way to trade RLUSD outside of a few centralized exchanges. The DeFi contracts available for the RLUSD token are fraudulent. Ripple announced that it will use Chainlink, the finance standard that connects smart contracts with real-world price data, to enable trading of its new stablecoin (RLUSD) on decentralized exchanges. This … Read more

Bitcoin treasuries are already being discussed in Prague

The governor of the Central Bank of the Czech Republic, Aleš Michl, spoke during an interview about the possibility of adopting bitcoin as a strategic treasury currency. This statement comes amid the boom that the issue has experienced in recent weeks. Michael mentioned what considers BTC as a suitable asset to diversify the country’s reservesbut … Read more

Bitcoin will be treated like bonds and cash if Trump creates treasury

The US Treasury would be empowered to monitor and audit the bitcoin reserve. Currently the Treasury has reserves of different financial assets, such as bonds and cash. The formation of a strategic reserve of bitcoin (BTC) in the United States seems to be an imminent policy, which will be carried out by President-elect Donald Trump, … Read more

Why did bitcoin drop from $100,000 now?

Employment data was released in the United States. The market would be anticipating that the Fed will not make interest rate cuts in the coming months. One more time, bitcoin (BTC) lost $100,000 support. At the time of writing, the digital currency is trading at $98,065 on major exchanges. Paradoxically, what caused this decline is … Read more

The use of RLUSD, Ripple’s stable cryptocurrency, skyrocketed

The RLUSD stablecoin, issued by Ripple, has seen a significant increase in usage since its official launch on December 17, 2024. According to a CryptoQuant reportsince initial testing in June 2024, RLUSD has processed 33,953 transactions on the XRP Ledgerwhile 1,690 transactions have been recorded on Ethereum. Number of transactions for each network. Source: CryptoQuant. … Read more

Bitcoin ETF protected against price drops to launch

The ETF is expected to launch in late January. The fund will be listed on the CBOE stock exchange in the United States. The Calamos Investments firm announced the upcoming launch of an exchange-traded fund (ETF), called Calamos Bitcoin Structured Alt Protection (CBOJ). This is designed to offer bitcoin upside exposure with full protection against … Read more

A historically good month for DOGE began

Many analysts project DOGE at $1 in this bull cycle. Currently, DOGE is 45% from its all-time high price. Although the years go by, dogecoin (DOGE) starts 2025 with the energy of a puppy who never tires of playing. Meanwhile, the market is curiously watching the movements of this iconic Shiba Inu dog, wondering how … Read more

How sustainable is bitcoin above $100,000 this time?

“Buy the rumor, sell the news,” says a rule of trading and investments. That’s probably what’s happening now. What is the “rumor”? That Donald Trump will assume his second presidential term in the United States on January 20 and will with great measures that will favor the bitcoin (BTC) and cryptocurrency industry. And that “rumor” … Read more