Crypto Pulse Nigeria

Ripple faces renewed challenges as SEC files appeal in XRP case.

The SEC argues that XRP used in non-cash transactions, such as employee compensation, meets securities law criteria. Ripple counters that the case hampers innovation in the crypto sector.

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USDT0, Tether’s new cross-chain product, aims to simplify stablecoin usage across multiple blockchains.

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Chainalysis reports that in 2024, illegal crypto transactions amounted to $40.9 billion, with 63% involving stablecoins.

The projected yearly total is $51.3 billion. Criminal activity comprised only 0.14% of total transactions.

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Nasdaq submitted its application to the SEC for listing the LTC ETF by Canary Funds.

According to Bloomberg's Eric, Litecoin could be the next cryptocurrency ETF.

The SEC review period is 240 days.

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"Malaysia cannot stay in the old financial system while others progress," said the Prime Minister after his meeting with Changpeng Zhao.

The country will focus on blockchain and crypto adoption, with an emphasis on training and market partnerships.

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Bitcoin is “speculative but universal,” says SEC Chair Gary Gensler, drawing parallels to gold’s long-standing history.

This statement comes just before his departure from office next week.

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Stablecoin or coincidence? Ethereum has been sitting at $3,160 for years, according to CryptoQuant’s CEO.

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TON is set to enter the US market, hoping for a supportive regulatory environment with Trump in power.

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Microstrategy has purchased 2530 BTC for $243 million, with an average price of $96,047.

They now own 450,000 BTC, which cost around $22.2 billion at an average price of $62,691 per BTC.

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Scott Bessent, the billionaire candidate for U.S. Treasury Secretary, plans to dispose of his Bitcoin ETF holdings to avoid a potential conflict of interest.

The assets are valued at up to $500k, and this is a standard procedure before his appointment

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⚡️ Good news: Meta investors are looking into acquiring BTC

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Jamie Dimon, the CEO of JPMorgan, called Bitcoin a "useless stone," asserting that it is used by sex traffickers, extortionists, and for money laundering.

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Rumors are circulating online that Trump’s BTC reserve promises might not be realized soon.

His public focus on Greenland seems louder, while BTC has faded into the background.

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Bitcoin struggled to break resistance at $96k. If the bulls don’t find new support, we could see another buying opportunity around $90k.

At the same time, altseason supporters continue hoping for BTC dominance to decrease to 40%.

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Kraken has begun the process of registering FTX victims for fund recovery.

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The week saw BTC trade in the $102.7k-$91.2k range, ending with a 3.3% loss.

A strong labor market report in the US has reinforced expectations of a pause in the Fed's rate adjustments.

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