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Trump’s likely SEC pick fuels RSR token rally to multiyear high

The community has linked the 88% spike in the price of the Reserve Rights token to Donald Trump, who is likely to pick Paul Atkins as the next SEC chair.

The Reserve Rights (RSR) token saw a sharp increase in value as speculation built around former United States President Donald Trump’s expected nomination of a new US Securities and Exchange Commission chair.

Some members of the cryptocurrency community have linked the token’s rise to rumors that Trump may appoint former SEC Commissioner Paul Atkins, who has previously advised the Reserve Rights Foundation, the entity behind the RSR token.

Source: Henshaw Udowo

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Crypto phishing scams to rise during holiday shopping season — Cyvers

Nearly 20,000 Bitcoin Shuffled by US Government Amid Talk of Strategic Reserve

Nearly 20,000 Bitcoin Shuffled by US Government Amid Talk of Strategic ReserveOn Monday, bitcoin hovered near the $96,000 range when the U.S. government shuffled 19,799.989 BTC at around 11:30 a.m., valued close to $2 billion. Following the transfer, bitcoin is teetering on the edge of dipping below $95,000. $2 Billion Bitcoin Transfer Sparks Speculation Over U.S. Crypto Agenda These fed’s crypto funds, seized in criminal cases, […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency Plan

Trump’s 100% Tariff Threat: South Africa Denies BRICS Currency PlanSouth Africa has denied reports that the Brazil, Russia, India, China and South Africa (BRICS) economic bloc is planning to create its own currency. Trump Demands BRICS Nations Shun Alternative Currencies Rattled by U.S. President-elect Donald Trump’s 100% tariff threat, South Africa has dismissed as false reports that the BRICS economic bloc is planning to […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

Changpeng Zhao says he ‘wouldn’t mind a pardon’ from Donald Trump

The former Binance CEO already pleaded guilty to one felony charge and served four months in prison, but receiving a presidential pardon could present certain opportunities.

Former Binance CEO Changpeng “CZ” Zhao suggested that he would be open to receiving a federal pardon from United States President-elect Donald Trump for a felony charge.

In a Dec. 1 reply to TelosX co-founder John Lilic on X, Zhao said he “wouldn’t mind a pardon” from Trump, who is scheduled to be inaugurated as the 47th US President on Jan. 20.

As part of a settlement with authorities in November 2023, the former Binance CEO pleaded guilty to a criminal charge related to his failure to maintain an effective Anti-Money Laundering program at the crypto exchange.

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Trump’s likely SEC pick fuels RSR token rally to multiyear high

US Bitcoin Reserve Proposal Draws Mixed Reactions on Social Media 

US Bitcoin Reserve Proposal Draws Mixed Reactions on Social Media As chatter grows around the idea of a U.S.-led bitcoin strategic reserve, the topic has ignited lively debate. Some enthusiasts view it as an inevitable move toward global bitcoin adoption by nation-states, while others decry the notion as a betrayal of the cryptocurrency’s core philosophy. Contrasting Opinions Surface on the U.S. Adopting a Bitcoin Reserve […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

‘Free at Last’: WSJ Article Fuels Speculation on Crypto’s Bright Future Under Trump

‘Free at Last’: WSJ Article Fuels Speculation on Crypto’s Bright Future Under TrumpOver the weekend, a lively discussion swept through social media as cryptocurrency enthusiasts dissected a Wall Street Journal article declaring that the U.S. “war against crypto is over” with Donald Trump’s return. Trump’s Return and the End of the Crypto Crackdown? WSJ Article Stirs Debate An article in the Wall Street Journal (WSJ) suggests that […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

Is JPMorgan Shaping US Policies? Trump’s Alleged Secret Meetings With Jamie Dimon Spark Speculation

Is JPMorgan Shaping US Policies? Trump’s Alleged Secret Meetings With Jamie Dimon Spark SpeculationU.S. President-elect Donald Trump is reportedly holding secret talks with JPMorgan CEO Jamie Dimon, fueling speculation about JPMorgan’s potential power play to shape U.S. policies. Trump and Jamie Dimon: Alleged Secret Talks That Could Influence White House Policies Speculation surrounds whether U.S. President-elect Donald Trump and JPMorgan Chase CEO Jamie Dimon have engaged in confidential […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

US Crypto Policy Under Trump Unlikely to Slow UAE Momentum, Says DRIFE Co-Founder

US Crypto Policy Under Trump Unlikely to Slow UAE Momentum, Says DRIFE Co-FounderA co-founder of blockchain-based ride hailing believes the United Arab Emirates (UAE)’s crypto momentum won’t be significantly impacted by a new Donald Trump administration. Co-Founder Says ‘UAE Is Not Just a Fallback Option’ A new Donald Trump administration may create a more favorable crypto environment, but Firdosh Sheikh, co-founder of DRIFE, doubts any U.S. policy […]

Trump’s likely SEC pick fuels RSR token rally to multiyear high

Ether ETFs are beating their Bitcoin counterparts amid recent ETH rally

Spot Ether ETFs saw about $225 million in net inflows over four recent trading days, which was $190 million more than the spot Bitcoin ETFs.

Ether exchange-traded funds (ETFs) have seen more money from investors than their Bitcoin counterparts since Nov. 22, as Ethereum’s decentralized finance (DeFi) ecosystem scored a key victory in a US court this week.

Spot Ether ETFs took in $224.9 million in net inflows over the four trading days between Nov. 22-27, while spot Bitcoin ETFs tallied $35.2 million in net inflows due mainly to a heavy day of outflows on Nov. 25, Farside Investors data showed.

This followed an almost 8% Ether (ETH) price rally to more than $3,590 over the past seven days.

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Trump’s likely SEC pick fuels RSR token rally to multiyear high

TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake

TRON Founder Justin Sun Named Advisor to Donald Trump’s World Liberty Financial After Acquiring 10% Stake

TRON (TRX) blockchain founder Justin Sun is now an advisor to World Liberty Financial (WLFI), the decentralized finance (DeFi) crypto project backed by US President-elect Donald Trump. In a post on social media platform X, WLFI says Sun’s qualifications will enable him to make significant contributions to the development of the platform. “Justin is the […]

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Trump’s likely SEC pick fuels RSR token rally to multiyear high