Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835 billion with $25.65 billion in global trades over the past day.
Bitcoin
Bitcoin’s 1-hour chart presents a scene of consolidation…
Ripple CEO Blasts Gary Gensler as 'Political Liability' — Says New SEC Chair Will Be Good for the American People
January 17, 2024
The CEO of Ripple, Brad Garlinghouse, has slammed the chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, as a “political liability.” Emphasizing that Gensler is not acting in the interests of the people or the long-term growth of the economy…
Attempted Bitfinex Exploit for $15 Billion XRP Fails
January 17, 2024
Bitfinex’s security protocols came into the spotlight when a seemingly massive XRP transfer, initially causing alarm among crypto watchers, turned out to be a foiled exploit attempt.
$15 Billion of XRP Transfer Attempt Fizzles Out
A failed exploit attempt on cryptocurrency…
TUSD's Stability Wavers — Value Fluctuates Below $1 Peg Amid Market Turbulence and Binance's Dominant Hold – Altcoins Bitcoin News
January 17, 2024
Market insights reveal that on Jan. 15, 2024, the stablecoin TUSD deviated from its usual $1 parity, dipping to $0.979 per coin the next day. By 10:00 a.m. Eastern Time (ET) on Tuesday, it managed to recover slightly, climbing above the $0.99 mark.
TUSD Faces Unsteady Ground, Drops Under $1
Recently, TUSD experienced fluctuations, slipping below its $1 benchmark on Monday. That evening, its value…
Cantor Fitzgerald CEO Foresees Bitcoin Rally at Next Halving, Affirms Tether's Reserves are Solid
January 17, 2024
Howard Lutnick, CEO of the renowned financial services company Cantor Fitzgerald, recently shared his insights on bitcoin and tether during an appearance at the World Economic Forum in Davos on Tuesday. Lutnick drew parallels between the fervor around spot gold…
According to the Samourai Wallet developers, the beta release of bitcoin/monero atomic swaps has been launched, marking an exciting development in privacy-preserving techniques. This new release of the desktop application streamlines the process of securely swapping bitcoin…
Tesla CEO and Spacex chief Elon Musk has revealed that he still owns “a bunch of dogecoin,” affirming his commitment to keep buying and supporting the meme cryptocurrency. Musk additionally revealed that his company Spacex still owns “a bunch of bitcoin.”
Elon Musk, Tesla, and Spacex Maintain Crypto Holdings
Tesla CEO Elon Musk has revealed that he still owns a bunch of meme cryptocurrency…
South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate Local Market
January 16, 2024
In the last 100 days, South Korea’s crypto trading activity has experienced a significant upswing. The country’s leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on…
Apple and Google Remove Several Major Crypto Exchanges From App Stores in India Following Regulatory Crackdown
January 16, 2024
Apple and Google have removed several major crypto exchanges from their app stores in India after the Indian Financial Intelligence Unit flagged nine crypto service providers as operating illegally in the country. Various telecom networks and internet service providers in…
This past week in the crypto economy proved intriguing, as bitcoin’s value declined by 5.7% while ethereum enjoyed a 10.8% uptick against the U.S. dollar. Leading the pack in market gains, SUI experienced a remarkable surge, escalating over 74% in just seven days. Concurrently, the token ethereum name service (ENS) also witnessed a significant ascent, jumping 71% in the same timeframe.
Seven…
