Cardano’s ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B
On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.Source
Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T
Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.Source
XRP Price Surges 25% as Headwinds for Ripple Clear Even More
An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.Source
Bitwise Joins Mounting Race for Solana ETF
Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.Source
Charles Schwab Wants to Directly Offer Crypto to Clients, Incoming CEO Says
Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday.Source
Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain
Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.Source
U.S. SEC Loses Crypto Lawsuit Over ‘Dealer’ Definition That Pushed Into Crypto
A Texas federal court has rejected the U.S. Securities and Exchange Commission’s recent rule expanding the definition of a securities dealer to include a wider swath of firms — including some in the cryptocurrency sector. This adds a significant legal loss to the crypto legacy of SEC Chair Gary Gensler on the same day he announced his January departure.Source