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SEC Faces Major Setback as Texas Judge Strikes Down Crypto Broker Rule
A federal judge has invalidated the SEC's attempt to classify DeFi platforms as traditional brokers, marking another defeat for the agency's crypto regulatory efforts. The ruling coincides with Gary Gensler's announced resignation and raises questions about the SEC's ability to oversee digital assets.
SEC Chair Gensler's Resignation Sparks XRP Rally and Crypto Market Optimism
Gary Gensler's announced departure from the SEC in January 2025 triggers immediate market response with XRP surging 10%. The cryptocurrency industry views this leadership change as pivotal, anticipating a more favorable regulatory environment under a potential crypto-friendly successor.
Bitcoin Surges Past $99,000 as Trump Presidency Hopes Fuel Rally
Bitcoin reached a historic peak of $99,046.94, driven by speculation around crypto-friendly policies under a potential Trump administration. The leading cryptocurrency has soared 130% in 2024, with market analysts eyeing the psychological $100,000 threshold amid increased trading activity.
Bitcoin Creator Satoshi Nakamoto Joins World's Top 20 Richest with $107 Billion Fortune
As Bitcoin approaches $100,000, its mysterious creator Satoshi Nakamoto has become the 18th wealthiest person globally, with holdings worth over $107 billion. The cryptocurrency's 40% surge and Nakamoto's untouched 1.1 million BTC highlight Bitcoin's growing mainstream acceptance while preserving its founding mystery.
UEEx Exchange Unveils Groundbreaking User Protection Policies on 3rd Anniversary
Major crypto exchange UEEx marks its third anniversary by introducing comprehensive trader protection measures against market volatility and security breaches. The platform pledges to investigate flash crashes and reimburse affected users while implementing enhanced security protocols.
Sky Mavis Launches USDS Stablecoin on Solana Network
Gaming giant Sky Mavis expands into DeFi with USDS, a USD-pegged stablecoin built on Solana blockchain. The new digital asset aims to bridge traditional finance with blockchain gaming while leveraging Solana's speed and efficiency.
Trump-Backed Crypto Token Falls Short: $WLFI Sells Only 2% of Initial Target
A cryptocurrency project endorsed by former President Trump has achieved just 2% of its original 63 billion token sales goal amid multiple target revisions and centralization concerns. The project's structure, which grants Trump-affiliated entities majority control and revenue share, has raised questions about its alignment with crypto's decentralization principles.
MicroStrategy's Bold $2.6B Bitcoin Move Propels Company into Elite US Corporate Ranks
MicroStrategy announces plans to raise $2.6 billion through convertible notes to expand its Bitcoin holdings, surpassing initial targets. The company's strategic moves and remarkable stock performance have earned it a spot among the top 100 US public companies, with its Bitcoin treasury now exceeding $30 billion.
Bitcoin Soars to Record $94,900 as ETF Options Trading Makes Strong Debut
Bitcoin reached a new all-time high of $94,900, fueled by successful launch of spot ETF options trading, with BlackRock's IBIT seeing $2 billion in first-day contracts. Analysts project potential peaks between $118,928-$150,000 following the upcoming April 2024 halving event.