Author: driver789
Since Paul Atkins was sworn in as chair of the US Securities and Exchange Commission (SEC) on April 21, 2025, the agency has significantly changed its position on regulation and enforcement related to digital assets, marking a shift from the leadership of former chair Gary Gensler during the Biden administration.During his 2024 presidential campaign, Donald Trump made removing Gensler one of his promises to the crypto industry, along with creating a national Bitcoin (BTC) stockpile and opposing the issuance of a US central bank digital currency. His November 2024 election win led to Gensler’s resignation in January 2025 and the…
Bitcoin jumps, crashes within minutes of Trump moves, and here is why it might happen again this week
Bitcoin and other risk assets have become increasingly sensitive to statements from U.S. President Donald Trump, with markets often swinging upward or downward within minutes of his social media posts or policy announcements to the news media.This has drawn scrutiny from lawmakers, academics and market experts, as questions mount over whether those price movements have created lucrative opportunities for market manipulation or insider trading.A recent University of Oxford Faculty of Law study found sharp swings in global markets following rapid changes in U.S. tariff policy, including a sequence in which prices across crypto and stock markets fell after new tariffs…
Most crypto investors develop convictions through price charts and market cycles. XRP Bags, a widely followed XRP enthusiast on X, holds his through something else entirely, which is a documented paper trail connecting Ripple to nearly every major institution currently building a new financial system. In a post that has circulated across the XRP community, the analyst laid out a short version of why he has never wavered on XRP, regardless of market conditions. XRP Has A Seat On Every Table That Matters XRP Bags’ conviction on XRP is mostly due to its access. Ripple, he notes, was the only…
Argentine police arrest Chinese ‘$50m crypto scammer’ wanted for fraud in Nigeria – BitRss
Police in Argentina say they have arrested a suspected crypto scammer, wanted for fraud in Nigeria, who attempted to enter the country on a fake Paraguayan passport.The suspect’s identity has not been released for legal reasons, but Argentine police said his initials are DZ and that he is a Chinese national, Argentine newspaper Clarín reported. The government says it will work to extradite him to Nigeria.“[DZ] arrived from Paris with false documents,” said Alejandra Monteoliva, the Argentine Security Minister, on X. “He didn’t even make it inside the country. The Airport Security Police, the Federal Police, and immigration officers acted…
Jason Lowery Appointed Special Assistant To U.S. Indo-Pacific Command Commander, Bringing Bitcoin Strategic Expertise
Jason Lowery, former Deputy Director of Technology & Innovation at the United States Space Force, and author of Softwar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin, has announced his new role as Special Assistant to the Commander, U.S. Indo-Pacific Command. In a LinkedIn update, he shared his Honor to receive the appointment, explaining that “In this new position, I will directly advise and report to the Combatant Commander on strategic priorities affecting the Department of Defense and the Indo-Pacific region.” Lowery added, “It’s a humbling responsibility during a critical time for our national security…
Ethereum price forms bullish triangle as ETF inflows hit 7-day streak, is a breakout next?
Ethereum price fell to an intraday low of nearly $2,250 on Monday as hopes for a peace deal in the U.S.–Iran conflict faded. Summary Ethereum price fell over 3% to $2,258, down more than 6% from its recent high, as U.S.–Iran tensions weighed on risk sentiment. Ethereum price continues to consolidate within a multi-month ascending triangle, with $2,378 as key resistance and $2,200 as downside invalidation. Spot Ethereum ETFs recorded a 7-day inflow streak totaling $425 million, signaling sustained institutional demand According to data from crypto.news, Ethereum (ETH) price fell over 3% to $2,258 on Monday before settling around $2,300…
An Ethereum whale has opened a significant long position on Ether (ETH) worth $90.8 million, in what looks like a bold bet that the upside is not over for the top altcoin.Key takeaways:Ethereum whale opened a leveraged long position totaling $90.8 million.Ether price chart’s ascending triangle targets $3,230.Top traders open new ETH long positionsData from TradingView showed the ETH/USD pair trading at $2,280, or 32% higher than the $1,750 low reached on Feb. 6. Holding above $2,200, Ether offered some cause for optimism ahead of key volatility triggers.“Strong retail sales could push yields higher and delay Fed cuts, while weak data…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure While the cryptocurrency sector expands and evolves, Ethereum continues to see a growing wave of institutional interest, underscoring its role beyond just a digital asset. Amid this heightened institutional interest, a new narrative regarding Ethereum is now being pushed across the sector by a prominent crypto figure, capturing the attention of market players and investors alike. Another Key Asset For Institutions Is Ethereum Vivek Raman, the Chief Executive Officer (CEO) of Etherealize, has placed Ethereum on the same level as Bitcoin, the largest crypto asset, on the…
Reabold Resources, an investment company focused on developing European gas projects, said it is considering establishing a gas-powered bitcoin BTC$75,583.97 mining station in northern England.The London-based company is exploring the potential to deploy a small power plant as a pilot for future data-center developments that are “crucial to the future U.K. economy,” it said in a statement on Monday.Bitcoin production from the company’s West Newton A well site will be used to demonstrate the ability to use the gas to fuel data-center developments, the firm said. The announcement follows publication of a Telegraph article criticizing the plan at a time…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott’s dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott’s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from…