The U.S. Commodity Futures Trading Commission (CFTC) could have an even stronger Republican majority when the chairman picked by President Donald Trump arrives, with the announcement on Wednesday that Democratic Commissioner Christy Goldsmith Romero will step down after that expected confirmation. If Trump nominee Brian Quintenz, a former Republican commissioner at the agency, is approved […]
XRP Keeps Rally Hope Alive as Price Holds 38.2% Fibonacci Level, DOGE Uptrend Ends
Payments-focused cryptocurrency XRP is down but not out, whereas the outlook for dogecoin (DOGE) appears grim, based on an analysis of Fibonacci retracement levels. XRP reached a peak of $3.40 in mid-January and has since entered a downtrend, with the price dropping 25% this month to $2.28, according to data from TradingView and CoinDesk. While […]
How to Prepare for a Major Compliance Failure Settlement: The OKX Approach
Confidential protocols put in place to deal with news of regulatory failings by one of the top-five crypto exchanges, OKX, suggest that the company likely has been expecting a settlement with U.S. authorities for some time. This happened on Monday when OKX announced a $500 million-plus settlement with the U.S. Department of Justice after failing […]
Bitdeer Q4 Loss Widens to $532M as Miner Focuses on ASIC Development for 2025 Growth
Bitdeer Technologies Group (BTDR) said its fourth-quarter net loss widened to $531.9 million from $5 million in the year-earlier quarter. The Singapore-based bitcoin (BTC) mining company attributed the expenses to strategic investments in developing its proprietary ASIC mining rigs. “While our focus on ASIC development temporarily limited hashrate expansion, we made significant progress in strengthening […]
Crypto Greed Index Flashes ‘Extreme Fear’ as Market Drops 10%
Crypto traders are feeling the jitters today. The widely-watched Crypto Fear and Greed Index, a market indicator that uses social media posts, volatility, trends and prices to gauge trader sentiment, dropped to a five-month low of 25 in its latest update. That’s a big fall from yesterday’s figure of 49, landing it in the “extreme […]
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