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Trump Plans Executive Order to Make Cryptocurrency a National Priority
Former President Trump is preparing an executive order that would establish digital assets as a key national priority, marking a significant shift from Biden's regulatory approach. The order includes creating a crypto advisory council, reviewing regulations, and potentially establishing a national Bitcoin reserve using $20 billion in government-held Bitcoin.
XRP Surges to Historic $3.39 as Trump's Election Victory Reshapes Crypto Landscape
Ripple's XRP cryptocurrency has shattered its previous record, reaching $3.39 amid growing institutional interest and anticipated regulatory changes. The surge follows years of SEC-induced suppression and coincides with Trump's election victory, promising a more crypto-friendly regulatory environment.
Swiss State Bank PostFinance Launches Ethereum Staking Services
PostFinance AG, Switzerland's government-owned bank, introduces Ethereum staking services for customers through its e-finance platform, becoming the first systemically important financial institution to offer crypto staking. The implementation uses native staking directly on the Ethereum blockchain for maximum security and transparency.
SEC Chair Gensler's Final Stance: Bitcoin Stands Apart from 'Non-Compliant' Crypto Industry
In his final days as SEC Chairman, Gary Gensler maintains his hardline position on cryptocurrency regulation while specifically exempting Bitcoin from criticism. His departure marks a potential shift in SEC's regulatory approach, though industry challenges remain.
Jio Partners with Polygon Labs to Bring Web3 Services to 450 Million Users in India
Jio Platforms Limited teams up with Polygon Labs to integrate blockchain solutions across its digital services, potentially transforming experiences for over 450 million customers. The strategic partnership aims to enhance data privacy and enable secure transactions through Polygon's high-performance network.
Vitalik Buterin Defends Sony's L2 Strategy as Validation of Ethereum's Business Value
Ethereum co-founder Vitalik Buterin weighs in on Sony's controversial Layer-2 blockchain platform Soneium, highlighting how it demonstrates Ethereum's flexibility for enterprise adoption. Buterin emphasizes the platform's ability to balance corporate control with transparency through customizable smart contracts.
XRP Soars 20% as Market Recovery Gains Momentum
Ripple's XRP cryptocurrency has surged 20% in the past week, reaching $2.78 amid broader market recovery signs. Technical analysts project ambitious price targets beyond $10 as the token displays remarkable resilience and growing investor confidence.
Deribit Exchange Draws $5 Billion Valuation Interest Amid Crypto M&A Surge
Leading crypto options platform Deribit attracts potential buyers with valuations up to $5 billion, enlisting FT Partners to evaluate opportunities. The platform's success reflects broader industry momentum, with crypto M&A deals reaching $1.2 billion in Q4 2024.
Sony Unveils Soneium: New Ethereum Layer 2 Platform Merges Entertainment and Blockchain
Sony enters Web3 with Soneium, a Layer 2 blockchain platform built on Ethereum, showcasing impressive testnet metrics and introducing innovative fan engagement tools. The launch demonstrates Sony's commitment to balancing decentralization with IP protection while simplifying blockchain adoption.