Kraken CLO Amongst Prime Candidates for U.S. CFTC Chair
Kraken’s Chief Authorized Officer (CLO) Marco Santori, pro-crypto CFTC Commissioner Summer time Mersinger, and former CFTC Commissioner Brian Quintenz have emerged as sturdy contenders for the following U.S. Commodity Futures Buying and selling Fee (CFTC) chair. Sources point out that President-elect Donald Trump’s staff has carried out interviews with six candidates for the place.
Bitcoin Whales Accumulate $3.2 Billion Amid Market Correction
In response to CryptoQuant, Bitcoin whales have taken benefit of latest market dips, buying roughly 34,000 BTC, price $3.2 billion, over the previous month. Whereas retail investor demand has hit a five-year low, whale accumulation continues to dominate, reflecting sturdy institutional demand.
Oklahoma Senator Proposes Bitcoin Wage Laws
Oklahoma State Senator Dusty Deevers has launched the “Bitcoin Freedom Act,” which might enable staff to obtain their salaries in Bitcoin, furthering adoption of the cryptocurrency within the state.
U.S. Court docket Postpones Sentencing for Mango Markets Hacker
A U.S. court docket has postponed the sentencing of Mango Markets hacker Avraham Eisenberg to April 10. Eisenberg, accused of stealing $114 million in cryptocurrency, faces as much as 20 years in jail.
Mark Cuban: Bitcoin is Higher Than Gold for Danger Administration
Billionaire entrepreneur Mark Cuban instructed CNBC that Bitcoin is a superior retailer of worth in comparison with gold, significantly throughout financial crises. “Bitcoin is a brand new type of foreign money, and many buyers deal with it like gold as a hedge towards financial downturns,” Cuban mentioned.
U.S. Inventory Markets Shut Combined
The S&P 500 rose 0.16%, the Dow Jones elevated 0.25%, whereas the Nasdaq declined 0.06%, reflecting combined efficiency.
Analysts Warn of Bitcoin Weak spot in January
Analysts predict that macroeconomic headwinds, together with the Federal Reserve’s hawkish stance, rising long-term bond yields, and sticky inflation, may pose dangers for Bitcoin in January.
Terraform Labs Founder Do Kwon’s Jury Trial Set for 2026
Do Kwon, the previous CEO of Terraform Labs implicated within the Terra-Luna collapse, will face a jury trial in January 2026. A pretrial convention is scheduled for March 6, 2025.
Trump-Themed NFTs Launch on Bitcoin Community
President-elect Donald Trump has endorsed the discharge of a Trump Bitcoin Digital Buying and selling Card assortment on the Bitcoin community, additional mixing his model with the cryptocurrency house.
Bitcoin Whale Promoting Rises Amid Bearish Alerts
Analysts report that Bitcoin whales have ramped up promoting exercise, with important strain coming from each giant and smaller holders. This might sign rising bearish sentiment out there.
Ripple CEO: XRP Spot ETF May Quickly Be a Actuality
Ripple Labs CEO Monica Lengthy expressed optimism that the U.S. may see the launch of an XRP spot ETF following Bitcoin and Ethereum ETFs, citing enhancing cryptocurrency rules.
International Liquidity Contraction Could Strain Bitcoin Costs
Matrixport has warned that world liquidity tightening, amplified by the strengthening U.S. greenback beneath President-elect Trump, may result in downward strain on Bitcoin. Historic knowledge suggests liquidity modifications influence Bitcoin costs inside 13 weeks.
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