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SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting

SOL, AVAX Lead Crypto-Market Recovery, Bitcoin Tops 50-Day Average Before Fed Meeting

Altcoins’ consistent positive performance over the past six days is boosting optimism and setting up bitcoin to test $46,000, one analyst said.

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Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT

The move may reflect users’ unease about Binance’s regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November.

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Memecoin Floki blocks Hong Kong users from staking programs amid regulatory warnings

The Floki Inu cryptocurrency team has ceased Floki’s staking programs in Hong Kong after the local regulator marked them as “suspicious.”

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Floki Team Responds to Hong Kong Regulator Warning

Hong Kong’s Securities and Futures Commission labeled Floki and its staking program a suspicious investment product.

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Polymarket Traders See 55% Chance of Second Trump Presidency

Go to Source Author: Omkar Godbole

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dYdX Foundation Requests $30M Budget, Pledges to Issue Annual Spending Report

The Foundation wants to preserve an 18 month runway through at least mid-2026.

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SEC charges founders of $1.7 billion HyperFund scheme with fraud

Xue Lee and Brenda Chunga raised over $1.7 billion from investors around the world in what the SEC calls a pyramid scheme.

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Spot bitcoin ETF race heats up as Invesco and Galaxy slash fee

BTCO spot bitcoin ETF cutting its fee to be more in line with competitors including leading funds offered by BlackRock and Fidelity.

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HyperVerse’s Alleged Ponzi Scheme Raked in Nearly $2B, Hired Actor as Fake CEO

HyperVerse was a nearly $2 billion fraudulent crypto investment scheme with a fake CEO at its helm, the U.S. Securities and Exchange Commission (SEC) and a grand jury allege in a lawsuit and criminal indictments against two of its leaders.

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Republican French Hill says he’s optimistic about prospect for new crypto legislation in 2024

Rep. Hill said he is feeling optimistic about his crypto bills in 2024 and said he is open to hearing Democrats’ views on illicit finance.

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