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Kraken has announced a significant breakthrough as the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit with prejudice. This decisive action means that Kraken will face no penalties, no changes to its business operations, and no admission of wrongdoing. The case, initially filed in November 2023 for allegedly mishandling customer funds and operating as an unregistered securities broker, was set to proceed to trial after a federal judge ruled the SEC’s case plausible. However, following an agreement with Kraken, the SEC has now dropped the charges, pending final

Bitcoin (BTC) retested the $100,000 support level on January 21, following volatility from U.S. President Donald Trump’s inauguration. Despite market speculation, Trump made no mention of Bitcoin or crypto policies, leaving investors uncertain about future price movements.
Traders Eye Sub-$100K Targets
Following the event, long positions suffered, with over $500 million in crypto long liquidations, per CoinGlass data. Analysts predict further downside pressure, with BTC potentially dipping into the mid-to-high $90,000 range.

The crypto industry has achieved a notable victory with the departure of SEC Commissioner Caroline Crenshaw, known for her firm anti-crypto stance. The Senate Banking Committee’s decision to cancel her renomination effectively ends her tenure, signaling potential regulatory shifts.
A Controversial Tenure
Crenshaw, who joined the SEC in 2020, was a close ally of SEC Chair Gary Gensler. During her time, she vehemently opposed approving Bitcoin spot ETFs and other significant crypto policies. Her aggressive approach to enforcement actions shaped much of the SEC’s stance on cryptocurrencies, pa

Former Binance CEO Changpeng “CZ” Zhao has joined the conversation around Amazon potentially adopting Bitcoin. Zhao’s comments came after reports that Amazon shareholders urged the company to add Bitcoin to its strategic reserves. This proposal, submitted by the National Center for Public Policy Research (NCPPR), argues that Bitcoin could safeguard shareholder value against weakening cash and bond yields.
Debate Over Bitcoin as a Payment Option
While some view Bitcoin’s adoption as a transformative step, others question its efficiency as a payment method. Joel Valenzuela of Dash challenged

For the first time, Ethereum ETFs have outpaced Bitcoin ETFs in net inflows. According to Farside data, Ethereum ETFs recorded $332 million in net inflows on November 29, compared to Bitcoin ETFs’ $320 million. This milestone highlights Ethereum’s growing appeal among institutional investors and marks a significant step forward in its adoption.
Ethereum’s Profitability and Price Surge
The profitability of Ethereum (ETH) has also reached its highest point since June, with 90.8% of ETH holders now in profit, as per IntoTheBlock data. The price of ETH responded with a substantial rally, briefl

Bitcoin’s recent struggles around the $60,000 mark have left many investors eagerly awaiting a potential breakout. According to crypto analyst PlanC, the extended period of consolidation, lasting over seven months, could be a signal of a major move on the horizon. With Bitcoin spending more time trading between $60,000 and $70,000, this phase might be setting the stage for a significant price surge.
Healthy Consolidation Phase for Bitcoin
PlanC describes Bitcoin's current market behavior as a "healthy consolidation" phase. Over the past several months, Bitcoin has hovered within the $60K to