Crytocurrencies

In his speech, Trump reiterated support for passing the crypto market-structure legislation known as the Clarity Act, which has stalled in Congress

If Bitcoin continues to defend the $67,000-$68,000 band, analysts said it would reinforce the argument that the market is building resilience and could gather momentum above $70,000

The rally, analysts said, appears driven by spot accumulation and improving risk appetite, with on-chain data showing liquidations of short positions as Bitcoin moved above key resistance levels

After weeks of strong gains, the crypto market, analysts said, is experiencing a natural pause, driven by profit-taking and a cooling of derivatives positions

Despite the modest gains, sentiment around the short-term outlook, analysts said, remains cautious

Market analysts attribute this pullback to profit-taking among investors at higher levels

From the technical perspective, analysts believe that Bitcoin now faces resistance at $112,600, with key support moving to $108,700

With the inclusion, Coinbase Global will replace Discover Financial Services in the S&P 500 index

The $100K mark, analysts said, remains a critical psychological and liquidation level, with over $3.4 billion in long positions exposed to downside risk if selling pressure continues

If bulls can sustain these levels, a move toward the $93,000 resistance is possible, with support standing at $85,000

Market analysts see this as a defining moment for the digital asset industry, bringing a shift in market sentiment, and likely influencing global regulatory approaches

Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR

Bitcoin, the world's biggest and best known cryptocurrency, hit a high of $106,533 and last traded at $105,688

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies, will step down from his post on January 20. Gensler pushed for changes that he said protected for investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during his campaign that he would remove Gensler. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40 per cent since Trump's victory. It hit new highs and was nearing USD 100,000 Thursday. Bitcoin moved notably higher after his resignation was announced. Perhaps most famously, Gensler gave a speech during the first year of his chairmanship in 2021 where he described the world of crypto as the Wild West. This asset class is rife with fraud, scams, and abuse in certain applications, he said in a speech at the Aspen Security Forum. There's a great deal of hype and

The decision by US District Judge Analisa Torres meant the sales of the token, totaling about $757 million, were not subject to investor protection laws

The money was laundered using digital wallets linked to a global cryptocurrency exchange

The oldest cryptocurrency, Bitcoin, which registered a fall of over 12 per cent yesterday, has jumped over 9 per cent in the last 24 hours

Former President Donald Trump on Saturday laid out his plans to wholeheartedly embrace cryptocurrency if elected for a second term, telling hundreds of cheering supporters of the digital tokens that he wants the US to be a bitcoin superpower under his leadership. In his keynote address at a bitcoin conference in Nashville, Tennessee, the Republican presidential nominee promised to make the United States the crypto capital of the planet and create a bitcoin strategic reserve using the currency that the government currently holds. He also promised to remove Securities and Exchange Commission Chair Gary Gensler if elected and implement a crypto advisory council, teasing the crowd by asking attendees if anyone wanted to join. We will have regulations, but from now on the rules will be written by people who love your industry, not hate your industry, he said. Trump's keynote address at the Bitcoin 2024 conference showed how radically his position on cryptocurrency has changed over time.

The largest cryptocurrency by market capitalisation was last up 3.4% at $62,205, having changed hands at $63,933 overnight, the highest since late 2021

Singapore-based Terraform labs, in a filing with the bankruptcy court in Delaware, listed assets and liabilities in the range of $100-$500 million