Crypto
Brad Garlinghouse Considered for Trump’s Crypto Advisory Council
- February 6, 2025
- Posted by: newworldfinance
- Category: Blockchain Technology, Crypto, Finance
TLDR: Ripple CEO Brad Garlinghouse has been shortlisted for Trump’s U.S. Crypto Advisory Council, alongside leaders from Kraken, Coinbase, and Circle. While some speculate XRP could be included in a national reserve, there is no official confirmation yet. The news sparked market debate, with XRP dropping 6% to $2.40.
SEC Reassigns 50 Lawyers and Staff, Scaling Back Crypto Enforcement
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Finance
TLDR: The SEC is reducing its crypto enforcement unit, reassigning 50 lawyers and staff to other roles. Commissioner Hester Peirce will lead a new Crypto Task Force to redefine digital asset regulations. Meanwhile, the White House is exploring a U.S. Bitcoin reserve, with 15 states considering BTC as a strategic asset.
A16z Urges DOJ to Stop Holding DeFi Developers Accountable for User Actions
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Trading, Finance
TLDR: Venture capital firm a16z has urged the DOJ to stop prosecuting DeFi developers, arguing they lack direct control over user actions on decentralized protocols. They are calling for Trump’s administration to legally define “control”, a move that could shape future crypto regulations and protect DeFi innovation.
Ohio Senator Introduces Second Bitcoin Reserve Bill, Pushing for State BTC Fund
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Geopolitics
TLDR: Ohio Senator Sandra O’Brien has introduced SB57, a bill allowing the state treasurer to invest in Bitcoin to create the Ohio Bitcoin Reserve Fund. The bill mandates BTC holdings for at least five years and requires government agencies to accept crypto payments. Ohio joins twelve U.S. states considering Bitcoin reserve bills.
FTX’s Bankruptcy Payouts Begin This Month
- February 5, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Press Wire
TLDR: FTX Bahamas will begin creditor repayments on Feb. 18, 2025, with claims under $50K receiving full repayment plus 9% interest. Around $1.2 billion will be distributed, while larger creditors may face delays. Meanwhile, SBF is seeking a new trial, arguing that FTX was not insolvent and that asset sales were mishandled.
Trump Signs Executive Order to Create Sovereign Wealth Fund, Sparking Bitcoin Speculation
- February 4, 2025
- Posted by: newworldfinance
- Category: Crypto, Finance, Geopolitics
TLDR: Trump signed an executive order to create a U.S. sovereign wealth fund, leading to speculation about Bitcoin’s potential inclusion. While the administration hasn’t confirmed crypto involvement, Senator Cynthia Lummis and industry advocates have hinted at BTC playing a role. Bitcoin rebounded past $101K following the news.
Crypto Market Rebounds as Trump Delays Tariffs
- February 4, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Geopolitics
TLDR: The crypto market rebounded sharply after President Trump delayed tariffs on Canada and Mexico for 30 days. Bitcoin surged past $101K, and Ethereum recovered to $2,880, as investor sentiment turned bullish. Analysts suggest the delay may stabilize the market and fuel a new crypto bull run.
ICP Price Outlook Improves With Rising On-Chain Activity
- January 31, 2025
- Posted by: newworldfinance
- Category: Crypto, Crypto Education, Price Analysis
ICP blockchain activity has hit an all-time high, driving investor interest. Can the altcoin sustain its momentum and break resistance levels?
Sam Bankman-Fried’s Parents Seek Presidential Pardon from Trump
- January 31, 2025
- Posted by: newworldfinance
- Category: Crypto, Finance
TLDR: Sam Bankman-Fried’s parents are seeking a presidential pardon from Donald Trump following his conviction for FTX fraud.
Grayscale Files for Spot XRP ETF With NYSE Amid Policy Shift
- January 31, 2025
- Posted by: newworldfinance
- Category: Crypto, Cryptocurrency Markets, Finance
TLDR: Grayscale has filed for a Spot XRP ETF with the NYSE, signaling a policy shift in the U.S. crypto market. This is a milestone moment for XRP and the broader market.