The U.S. Securities and Exchange Commission (SEC) under President-elect Donald Trump appears poised for a strategic shift in its treatment of cryptocurrency regulations, according to insights shared with Reuters by three unnamed individuals briefed on the matter. Report Says Pro-Crypto Agenda Will Drive SEC’s New Regulatory Approach Reuters reports that Republican commissioners Hester Peirce and […]
XRP Inches Closer to Overtaking Ethereum—A New Crypto King in the Making?
On Wednesday, XRP climbed to an intraday peak of $ 2.895 and, as of press time, is trading at $ 2.87 per unit, reflecting an increase of nearly 12% over the past 24 hours. The crypto asset is steadily narrowing the gap with ethereum (ETH), now accounting for 42.6% of ether’s market capitalization. …
Bitcoin Outperformed Crypto Hedge Funds in 2024
Despite having a fantastic year in 2024, crypto hedge funds could not match bitcoin’s phenomenal returns. Crypto Hedge Funds No Match for Bitcoin Hedge funds focused on cryptocurrencies delivered double-digit returns in 2024. This is according to data from Galaxy’s Visiontrack Composite Index, which measures the performance of 130 crypto-dedicated hedge funds. The hedge funds […]
Moonpay Acquires Solana-Focused Crypto Payment Processor Helio
Moonpay, one of the largest crypto onramps, has recently acquired Helio, a Solana-focused payment processor. With the deal, Helio will remain a separate brand, operating as a Moonpay subsidiary, with its employees becoming shareholders. Moonpay Acquires Helio in $ 175 Million Deal Moonpay, one of the leading crypto onramps, has announced the acquisition of …
US, Japan, South Korea Unite to Target North Korea’s Crypto Crime Empire
The U.S., Japan, and South Korea have united to thwart North Korea’s crypto theft schemes, targeting billions in stolen funds fueling weapons programs and cybercrime operations. 3 Nations Join Forces to Shut Down North Korea’s Crypto Funding Machine The U.S., Japan, and South Korea have issued a joint warning against cryptocurrency thefts linked to the […]