Crypto

Source: Coin Tegraph The bill proposes establishing a board of trustees to manage the Bitcoin ETF investments and conduct an annual examination of the investment program. Read Full Article

Source: Bitcoinist The legal dispute between Ripple Labs, Inc. and the US Securities and Exchange Commission (SEC) witnessed a surprising development as Better Markets, Inc., a prominent nonprofit dedicated to promoting public interest in financial markets, filed an amicus curiae brief on January 22. This latest submission to the United States Court of Appeals for…

Source: Coin Tegraph Blockchain security firm Cyvers has flagged nearly $30 million of suspicious outflows from Phemex. Read Full Article

Source: Bitcoinist Crypto index fund Bitwise announced plans to issue a Dogecoin ($DOGE) ETF in Delaware, joining the likes of CoinShares and REX Shares. Meme coins have already been outperforming most of the crypto market sectors throughout 2024, and news about Dogecoin ETFs could keep the hype going. Although we’re yet to see an impact…

Source: Coin Tegraph Upbit and Bithumb will compensate investors $2.5 million after service outages caused by a surge in crypto activity during South Korea’s martial law declaration. Read Full Article

Source: Bitcoinist Analyst Altcoin Sherpa expects the bull run to continue well into 2025. He cites a favorable macro environment, pro-crypto presidential administration, and potential strategic Bitcoin reserve as the main factors that could extend the rally. All of this means one thing. Now is the perfect time to capitalize on early-stage opportunities. Let’s unpack…

Source: Coin Tegraph Bitcoin investors must navigate a complex tax landscape, including understanding taxable vs. non-taxable transactions, key regulations by jurisdiction and ways to stay compliant. Read Full Article

Source: Bitcoinist A US Court has overturned the Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctions imposed on crypto mixer Tornado Cash. The move comes after the Court of Appeals ruled in November that OFAC had overstepped its authority. Crypto Privacy Scores Major Win In a new victory for the crypto industry,…

Source: Coin Tegraph The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph. Read Full Article

Source: Bitcoinist Solana ($SOL) rallied to a new all-time high (ATH) of $294 after Trump launched his official token last week. However, it has since dipped to $249 after failing to break resistance at $272. The spike in trading activity of Solana meme coins was so dramatic that it overwhelmed Coinbase. The platform’s founder, Brian…