Category: Crypto

Elon Musk joins Trump’s $2 trillion cost-cutting initiative, sparking debates over government efficiency. Can DOGE succeed as Bitcoin adoption surges? Read more!
The post Bitcoin Steady Above 90k? President Trump and the Department of Government Efficiency Effect appeared first on Cryptonews. …

XRP surges 75% this week, breaking $1 after legal wins and SEC resignation rumors. Analysts predict further gains with targets at $1.16 and beyond for 2024.
The post XRP Hits $1, Soars 75% This Week – Eyes New Highs for 2024 appeared first on Cryptonews. …

Ethereum price rises to $3,125 as bullish momentum strengthens. Analysts forecast $4,000 due to Pectra upgrade, with long-term potential at $15,000.
The post Ethereum May Hit $4000 Before End of Year, Bullish Momentum Predictions appeared first on Cryptonews. …

Peanut the Squirrel’s memecoin, PNUT, has skyrocketed to a $2 billion market cap within two weeks of launch, captivating investors with its emotional backstory and sparking speculation about the next breakout token, Flockerz.
The post Peanut the Squirrel Hits $2B Market Cap, GOAT Hits $1B – Is New Animal Meme Coin Flockerz Next? appeared first on Cryptonews. …

Ben Armstrong, known as “BitBoy Crypto,” faces a class-action lawsuit from $BEN coin holders, alleging he misled investors through paid promotions, resulting in significant losses after promising substantial returns on the memecoin.
The post Class-Action Lawsuit Filed Against Ben Armstrong (BitBoy) Over $BEN Coin appeared first on Cryptonews. …

Norway’s CBDC task force recommends delaying digital currency rollout, noting declining cash usage but no immediate need for CBDCs. Regulatory groundwork is advised to ensure financial inclusivity and emergency preparedness, as Norges Bank plans further research for a 2025 recommendation.
The post Norwegian Task Force Urges Caution on CBDC Rollout: Report appeared first on Cryptonews. …

Former United States Securities and Exchange Commission (SEC) Chair Jay Clayton has been selected By President-elect Donald Trump to serve as the U.S. attorney for the Southern District of New York, the former U.S. president announced Thursday, November 14. Clayton previously served as SEC Chair from 2017 to 2020, notably approving a federal securities lawsuit against Ripple Labs.
The post Former SEC Chair Jay Clayton Tapped By Donald Trump For USDNY Attorney Role appeared first on Cryptonews. …

The class-action lawsuit against Elon Musk and Tesla, accusing them of manipulating Dogecoin’s price, has been withdrawn, concluding a contentious legal battle that sought $258 billion in damages without proving any fraud or manipulation.
The post Dogecoin Investors Drop Legal Battle Against Elon Musk appeared first on Cryptonews. …

The European Banking Authority has issued strict guidelines to enhance compliance among financial institutions and crypto service providers, mandating effective screening systems to ensure adherence to EU sanctions by December 30, 2025.
The post EU Regulator Issues Strict Screening Guidelines for Crypto Providers appeared first on Cryptonews. …

Michael Saylor is planning on throwing a New Year’s Eve party celebrating Bitcoin amid his prediction of the token reaching $100,000 by the end of the year, the former MicroStrategy CEO told CNBC Thursday, November 14. His comments come the same week the Satoshi Nakamoto-created token surpassed its record high by soaring over $93,000.
The post Michael Saylor Predicts Bitcoin Will Top $100,000 Before 2025 appeared first on Cryptonews. …