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Senator Tim Scott Floats December 17 and 18 For Crypto Market Bill Markup

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Senator Tim Scott has signaled that the Senate Banking Committee could hold a markup of its crypto market structure text on December 17 or 18. Scott confirmed that the committee now sees a realistic path to marking up the text before lawmakers leave Washington for the holidays. Senator Scott Indicates Real Momentum on December Crypto

The post Senator Tim Scott Floats December 17 and 18 For Crypto Market Bill Markup appeared first on CoinGape.

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XRP Defends the $2 Level: Is the Wyckoff Pattern Still Unfolding?

XRP is trading at $2.02 after falling almost 7% over the last 24 hours. Despite the pressure, it remains above key levels that have...

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Bitcoin

Bitcoin Price Could Break $100k as Odds of 3 Rate Cuts Hit ATH

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Bitcoin price remains steady above $93,000, showing a recovery from recent declines. The cryptocurrency has bounced back following a market surge, but is still facing resistance at key price levels.  The cryptocurrency market has risen 0.56% over the last 24 hours, which follows a 1.98% rise over the week. Other large cryptocurrencies, such as Ethereum

The post Bitcoin Price Could Break $100k as Odds of 3 Rate Cuts Hit ATH appeared first on CoinGape.

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Ripple Moves Over $101 Million in XRP to Binance, What’s Next?

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Ripple transfers millions of XRP coins to a wallet linked to crypto exchange Binance on Thursday. This comes despite spot ETF launches and bullish price predictions for XRP by veteran Peter Brandt and analysts such as Ali Martinez. Ripple Moves 46 Million XRP Coins Against ETF Frenzy On December 4, Whale Alert reported a 46,019,328

The post Ripple Moves Over $101 Million in XRP to Binance, What’s Next? appeared first on CoinGape.

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New to Market

U.S. Weekly Jobless Claims Fall to 3-Year Low Ahead of FOMC Meeting

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The weekly jobless claims have fallen to its lowest level in over three years, a development that could allay fears over a weakening labor market. This comes ahead of the FOMC meeting, where the Fed is likely to lower rates, which is a positive for Bitcoin and the broader crypto market. U.S. Weekly Jobless Claims

The post U.S. Weekly Jobless Claims Fall to 3-Year Low Ahead of FOMC Meeting appeared first on CoinGape.

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Bitcoin Price Could Break $100k as Odds of 3 Rate Cuts Hit ATH

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Bitcoin price remains steady above $93,000, showing a recovery from recent declines. The cryptocurrency has bounced back following a market surge, but is still facing resistance at key price levels.  The cryptocurrency market has risen 0.56% over the last 24 hours, which follows a 1.98% rise over the week. Other large cryptocurrencies, such as Ethereum

The post Bitcoin Price Could Break $100k as Odds of 3 Rate Cuts Hit ATH appeared first on CoinGape.

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TradFi Attack On Crypto? Ken Griffin’s Citadel Asks SEC to Tighten Rules on DeFi Protocols

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Citadel Securities founded by Ken Griffin has created a controversial event after its recent letter to the U.S. Securities and Exchange Commissions. It is demanding a tighter regulation of decentralized finance (DeFi) protocols. The move has received severe criticism by leaders in the crypto industry who accuse the firm of undermining the foundation of open

The post TradFi Attack On Crypto? Ken Griffin’s Citadel Asks SEC to Tighten Rules on DeFi Protocols appeared first on CoinGape.

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Pi Network Price Shows Signs of Recovery as Unlock Rate Cools

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Pi Network price could be a coiled spring ready to pounce after spending the last few months in a narrow range. This rebound could happen soon as the pace of its token unlocks is set to slow down substantially in the coming months.  Pi Network Price to Benefit From Falling Pace of Token Unlocks One

The post Pi Network Price Shows Signs of Recovery as Unlock Rate Cools appeared first on CoinGape.

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Breaking: CFTC Greenlights Spot Crypto Trading on Regulated U.S. Exchanges

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The U.S. Commodity Futures Trading Commission (CFTC) has approved the first-ever listed spot crypto trading on regulated exchanges. The commission stated that this marks a significant step in advancing Trump’s vision to make the U.S. the crypto capital of the world. U.S. CFTC Announces Spot Crypto Trading On Regulated Exchanges In a press release, the

The post Breaking: CFTC Greenlights Spot Crypto Trading on Regulated U.S. Exchanges appeared first on CoinGape.

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