Crypto Prices Today Jan 24: BTC At $104K, Altcoins Mainly Flux, MNT Up 10%
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by Coingape Staff
2h ago
The crypto prices today have raised uncertain speculations among traders and investors globally, encountering market turbulence. While Bitcoin (BTC) price traded above the $104K level on Friday, leading altcoins have shown mixed actions. Notably, Ethereum (ETH) and Solana (SOL) traded in the green zone, whereas XRP and meme coins like DOGE traded in the red. The post Crypto Prices Today Jan 24: BTC At $104K, Altcoins Mainly Flux, MNT Up 10% appeared first on CoinGape ..read more
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US SEC Rescinds Crypto Accounting Rule SAB 121 After Gensler’s Exit
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by Kelvin Munene Murithi
2h ago
The US Securities and Exchange Commission (SEC) has removed the much-debated and unpopular crypto accounting guidance Staff Accounting Bulletin No. 121 (SAB 121) only a few days after the exit of the SEC chair Gary Gensler. US SEC Withdraws Controversial SAB 121 The U.S. SEC has posted a notice on its website that SAB 121 The post US SEC Rescinds Crypto Accounting Rule SAB 121 After Gensler’s Exit appeared first on CoinGape ..read more
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Pro XRP Lawyer Reveals Requirement To Create Strategic Bitcoin Reserve
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by Kelvin Munene Murithi
2h ago
The debate surrounding the creation of a Strategic Bitcoin Reserve (SBR) in the United States continues to gain momentum. John E. Deaton, a prominent attorney known for advocating on behalf of XRP, has shared insights into what it would take to establish such a reserve. Deaton emphasized that the legal and regulatory framework will play The post Pro XRP Lawyer Reveals Requirement To Create Strategic Bitcoin Reserve appeared first on CoinGape ..read more
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Will Algorand New Staking Rewards Spark ALGO Price Rally?
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by Ronny Mugendi
2h ago
Algorand, a proof-of-stake blockchain network, has introduced a new staking rewards program to incentivize validators. This development follows the network’s recent upgrade to its consensus mechanism, adding new capabilities for participants. The staking rewards initiative is expected to increase engagement and strengthen the blockchain’s ecosystem, potentially influencing ALGO price. Algorand Launches Real-Time Staking Rewards for The post Will Algorand New Staking Rewards Spark ALGO Price Rally? appeared first on CoinGape ..read more
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Semler Scientific Plans Additional $75M To Expand Bitcoin Strategy
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by Ronny Mugendi
2h ago
Semler Scientific, a medical technology company, announced its intention to raise $75 million through a private offering of convertible senior notes due 2030. This move aligns with the company’s ongoing focus on expanding its Bitcoin strategy while addressing other corporate financial objectives. The offering also includes an option for initial purchasers to acquire an additional The post Semler Scientific Plans Additional $75M To Expand Bitcoin Strategy appeared first on CoinGape ..read more
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Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push
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by Godfrey Benjamin
8h ago
The push for a strategic Bitcoin Reserve (SBR) dates back many months, and today, Ripple Labs was flagged as a firm actively lobbying against achieving this. This callout came from Pierre Rochard, the VP of Research at Riot Platforms, who said Ripple Labs is throwing money at politicians to derail the SBR plans. Strategic Bitcoin The post Brad Garlinghouse Defend Ripple’s Efforts In Strategic Bitcoin Reserve Push appeared first on CoinGape ..read more
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Ethereum’s Vitalik Buterin Calls Out Political Tokens, Here’s Why
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by Ronny Mugendi
8h ago
Ethereum co-founder Vitalik Buterin has expressed concerns over the rise of political tokens, warning that they could serve as mechanisms for unchecked bribery. In a discussion on the crypto industry’s evolution, Buterin highlighted the risks posed by such tokens, particularly when they are tied to influential political figures. Vitalik Buterin Warns Political Tokens May Fuel The post Ethereum’s Vitalik Buterin Calls Out Political Tokens, Here’s Why appeared first on CoinGape ..read more
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Breaking: Donald Trump Signs Executive Order To Develop National Digital Asset Stockpile
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by Boluwatife Adeyemi
8h ago
US President Donald Trump has signed an executive order with a focus on developing a national digital asset stockpile. The executive order also created a crypto working group that will be responsible for developing this stockpile. Donald Trump Signs Executive Order To Develop Digital Asset Stockpile A White House press release revealed that US President The post Breaking: Donald Trump Signs Executive Order To Develop National Digital Asset Stockpile appeared first on CoinGape ..read more
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Ivanka Trump Denounces Fake Crypto IVANKA Misusing Her Name
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by Kelvin Munene Murithi
8h ago
Ivanka Trump, the eldest daughter of former U.S. President Donald Trump, has strongly condemned the unauthorized use of her name for a cryptocurrency. The digital coin, labeled “Ivanka Trump” or “$IVANKA,” is being promoted without her consent, raising concerns over potential consumer fraud. Ivanka Trump Denounces Fake Crypto IVANKA On X (previously Twitter), Ivanka Trump The post Ivanka Trump Denounces Fake Crypto IVANKA Misusing Her Name appeared first on CoinGape ..read more
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Strategic Bitcoin Reserve: CZ Expresses Optimism Following Lummis’ Appointment
Coingape
by Nynu V Jamal
8h ago
The Donald Trump administration’s imminent adoption of the strategic Bitcoin reserve has regained momentum, driven by Senator Cynthia Lummis’ new role in the Senate’s Digital Assets Subcommittee. Experts like Binance founder Changpeng Zhao believe that Senator Lummis’ appointment to the crypto committee is a significant step towards establishing a strategic Bitcoin reserve in the US. The post Strategic Bitcoin Reserve: CZ Expresses Optimism Following Lummis’ Appointment appeared first on CoinGape ..read more
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