One SEC commissioner down before Trump’s term — Gary Gensler is next
As Gary Gensler prepares to announce his resignation, some SEC officials have said they will step down before Donald Trump’s inauguration.
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New fund aims to put hundreds of millions toward Algorand DeFi growth
Different decentralized finance solutions building on the Algorand blockchain could receive a chunk of a new $300 million fund. 919 Total views 13 Total shares Decentralized finance, or DeFi, has developed significantly over the past two years. The Algorand Foundation has unveiled a new fund positioned to allocate money toward certain DeFi projects looking to…

Institutions will protect Bitcoin from government overreach: Erik Voorhees
Bitcoiners should embrace institutional adoption as it keeps everyone honest, says Erik Voorhees. 469 Total views 5 Total shares Institutional investors will play an important role in securing the future of cryptocurrencies like Bitcoin (BTC), according to Erik Voorhees, CEO and founder of ShapeShift.io.In a panel discussion at this year’s LaBitConf, Voorhees said Bitcoin’s adoption…

US Crypto Exchange Coinbase Launches Paypal Withdrawals Support for EU Users
Major United States crypto exchange and wallet provider Coinbase is launching support for European Union residents to make fiat currency withdrawals to online payment system PayPal. The development was announced in an official blog post published on Feb. 5.As reported, Coinbase had first rolled out PayPal withdrawal support for U.S. users last month. The European…

Bitcoin dominance hits 3.5-year high as altcoins get left behind
Bitcoin’s market share neared 60%, hitting its highest level since April 2021, while altcoins were muted in the last 24 hours.

UK economic secretary commits to make country a crypto hub under new PM
“We want to become the country of choice for those looking to create, innovate and build in the crypto space," said MP Richard Fuller. 233 Total views 11 Total shares Richard Fuller, the Economic Secretary to the Treasury, said the government wants the United Kingdom to be the “dominant global hub for crypto technologies.”In a…

Chinese workers paid in CBDC are cashing it out for real money: Report
Some participants of China’s CBDC pilot program are reportedly hesitant to hold onto the digital yuan, citing a range of concerns with using the state-backed digital currency.

Indiana vows outage-free energy for crypto miners, data centers
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Bitcoin has stalled, but here’s why pro traders still expect $80K by January
Selecting a timeframe for technical analysis is always a tricky topic, but usually, the longer the trend, the higher the odds it shall prevail. For example, those analyzing the 3-day Bitcoin (BTC) chart will unarguably identify an ascending channel pattern that initiated in late June.Bitcoin price in USD on FTX. Source: TradingviewBears will also always…