The U.S. Securities and Exchange Commission (SEC) has pushed back against efforts to dismiss its lawsuit against cryptocurrency exchange Binance, its U.S. branch Binance.US, and former CEO Changpeng Zhao.

The regulator accuses them of running an unregistered securities exchange through the trading of BNB, Binance’s native token, and ten other cryptocurrencies.

Details From the Filing

The case relies on the Howey Test, a legal standard used to determine if something qualifies as a security. In

The healthcare technology provider Semler Scientific has increased its bitcoin holdings once again with a $30 million purchase, bringing its total stash to 1,873 BTC.

According to an official release, Semler Scientific bought 303 BTC between November 25 and December 4 at an average price of $96,779 per bitcoin, including fees and expenses. The company made the purchases using proceeds generated from its at-the-market shares offering.

Semler Announces New BTC Purchase

Following the latest purc

ETH has finally joined the bull party as its price shot up to over $4,000 for the first time since March this year.

This spectacular surge comes on the heels of the growing interest and demand for the spot Ethereum ETFs, as Thursday was the best day ever in terms of net inflows.

ETHUSD. Source: TradingView

On the day the US presidential elections were decided – November 6 – ETH’s price struggled at around $2,500. The rest of the market was in anticipation of the results but once it became cl

The Financial Times (FT) has issued a controversial “apology” after Bitcoin breached the $100,000 mark on December 5, 2024.

The apology, published on FT Alphaville, the publication’s daily news commentary service, was perceived by many as a backhanded admission of its failure to foresee Bitcoin’s rise.

FT’s ‘Apology’

The article, written by Bryce Elder, City Editor of FT Alphaville, was framed as an apology to those who had, for over a decade, taken the publication’s critical stance on Bitcoi

Spot Bitcoin and Ethereum ETFs have played a crucial role in driving widespread adoption by providing a simple way for investors to gain exposure to the two largest cryptocurrencies without the complexities of managing a crypto wallet.

However, new reports suggest that Solana may not follow this path to accessibility due to regulatory obstacles.

Solana ETFs Set to Be Rejected?

Spot Solana ETFs are set to face disappointment, with the US Securities and Exchange Commission (SEC) notifying at le

To say that the past seven days were exciting would be an understatement. According to CoinGecko, the total cryptocurrency market capitalization increased by almost $300 billion and peaked at around $3.8 trillion. This comes on the back of a historic milestone for Bitcoin and the strong performance of many altcoins, so let’s dive into the price action.

All eyes were turned on Bitcoin this week. To be completely honest, the price action was relatively dull and rather depressing for the first par

Bitcoin broke the massive psychological barrier of $100,000 for the first time this week, marking a historic milestone. However, its journey beyond the milestone was brief, as the cryptocurrency experienced a flash crash to below $92,000.

The recovery was swift, with Bitcoin currently trading near $98,000. Data from CryptoQuant suggest that the rally is supported by decreasing BTC supply on exchanges and sustained demand, indicating the current uptrend could be sustainable.

Bitcoin Outflow Fro

So why were Kaia prices on crypto exchanges so buoyant recently?

It could be a combination of competitive advantages in this crypto economy promising more fundamental value per unit of its currency and an overall bull run in utilities for the Web3 ID layer to provide blockchain identity services.

Klaytn, the Web3 GameFi and metaverse developer team behind Kaia, recently switched up the stock ticker symbol. On Oct. 31, it rebranded KLAY tokens to KAIA. The change coincided with a merger between

President-elect Donald Trump has appointed David O. Sacks, formerly PayPal’s COO, as his “czar” for artificial intelligence and cryptocurrency. This decision marks a significant move in reshaping US policy.

Trump stated that Sacks would play a key role in preserving free expression online and addressing issues of Big Tech’s influence and censorship. Sacks is also set to oversee the Presidential Council of Advisors for Science and Technology.

Steering Away From Big Tech Bias And Censorship

In

XRP has managed to become the 4th largest cryptocurrency by means of total market capitalization, surpassing the likes of SOL and BNB.

At one point, it even managed to outpace USDT and claim the third spot. It’s up by more than 45% in the past seven days, clearly being the best-performing altcoin from the top 10.

However, over the past few days, things have changed a bit and XRP is now found in a state of correction, down 5.3% in the past day alone.

Source: TradingView

As you can see in the

Approximately 23,400 Bitcoin options contracts will expire on Friday, Dec. 6, in the first expiry event of December.

They have a notional value of $2.3 billion, which is about a quarter of last month’s massive options expiry event. The end of December’s year-end event is also set to be a huge one.

Bitcoin Options Expiry

This week’s batch of Bitcoin options contracts has a max pain point of $97,000 and put/call ratio of 1.1, meaning that long (call) contract and short (put) contract sellers ar

TL:DR;

Cardano’s native token continues to see a lot of demand from whales, with another massive accumulation over the past day or so.

These big purchases could lead to price increases for the underlying asset, which is predicted to continue its run and hit $1.5 next.

ADA’s Current Run

The so-called ‘Trump Pump’ initially missed ADA. While the rest of the market, led by BTC and DOGE, was charting massive gains, Cardano’s token remained relatively still at around $0.3. That all changed during

Bitcoin prices dumped to $92,980 during late trading on Dec. 5. The move follows an all-time high earlier the same day when the asset came just short of $104,000 on Coinbase.

The 10% flash crash wiped around $10,000 off the price of BTC as another leverage-induced liquidation event occurred.

BREAKING: #Bitcoin briefly falls -$8,000 in 90 minutes to a daily low of $92,000.

Bitcoin has since rebounded +$5,000 off of its low but continues to trade in volatility. pic.twitter.com/7hqeSQl1LW

— The

Amidst a broader market resurgence, the Tron blockchain has been seeing impressive strength. In fact, the total value locked (TVL) on the blockchain surged to $36.2 billion on December 4.

This figure marked a new all-time high for the network, demonstrating growing appeal among decentralized finance (DeFi) users. The achievement reflects the increasing adoption of Tron’s infrastructure for DeFi applications, stablecoin transactions, and smart contract functionality.

New Peak For TRX

The lates

It’s been a rollercoaster of a day for Bitcoin. Its price reached a historic all-time high above $100,000 earlier, followed by a plunge toward $98,000 moments ago.

As CryptoPotato reported earlier, the move above $100K followed Donald Trump’s decision to make Paul Atkins the new Chairman of the United States Securities and Exchange Commission. In the words of the President-elect himself:

“Paul is a proven leader for common sense regulations. He believes in the promise of robust, innovative cap

MARA Holdings, Wall Street’s largest publicly traded Bitcoin miner, has successfully closed a second $850 million offering of convertible senior notes.

The company made the announcement on December 5 via an X post, outlining that the primary use of the proceeds will be to acquire additional Bitcoin and repurchase some of its outstanding convertible notes due in 2026.

MARA’s Latest Convertible Notes Offering

In an accompanying press release, MARA confirmed that the notes will be issued with no

Federal Reserve Chairman Jerome Powell has dismissed the idea that Bitcoin could replace the U.S. dollar, likening the cryptocurrency to gold as a speculative asset rather than a store of value.

Powell shared these views during his appearance at The New York Times DealBook Summit in Manhattan.

Powell’s Argument

When asked whether Bitcoin’s popularity reflects a lack of faith in the U.S. dollar or the Federal Reserve, Powell said, “I don’t think that’s how people think about it.” He went on to

Circle Internet Financial Ltd., the company behind the second-largest stablecoin in the cryptocurrency market USDC, announced layoffs following a routine operational assessment.

According to the Bloomberg report, the job cuts impact under 6% of the workforce. Despite these reductions, the firm said that it remains committed to expanding geographically and improving efficiency and productivity through artificial intelligence (AI). In June, Circle reported employing 882 individuals.

A spokespers

The world’s largest crypto exchange has announced the launch of an on-chain yield feature on its Binance Earn platform.

According to an official release sent to CryptoPotato, Binance On-chain Yields will enable users to participate in on-chain protocols and earn rewards using their accounts on the crypto exchange.

Binance Announces On-chain Yields With Babylon

The new Binance feature will be kickstarted with the Babylon Bitcoin Staking product on December 10 at 10:00 UTC; however, subscriptio

Bitcoin’s (BTC) 7% surge above $100,000 in the past 24 hours has ignited a massive reaction in the crypto community. Market experts and analysts are discussing factors that led to the historic move and speculating about how high bitcoin can go, given the current state of the market.

CryptoPotato received remarks from analysts at the crypto exchange Bitfinex and the on-chain analytics platform Nansen. Additionally, founders of traditional finance firms heavily invested in the leading digital cur