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    Study: 76% of X Influencers Promoted Now-Defunct Meme Coins

    Study: 76% of X Influencers Promoted Now-Defunct Meme Coins

    A Coinwire study reveals that most crypto influencers on X promote worthless meme coins, highlighting the risks of relying on social media for investment advice. Influencers Setting Up Investors for Failure According to a Coinwire study, over three-quarters (76%) of...
    The FTX estate plans to start distributions by March 2025

    The FTX estate plans to start distributions by March 2025

    FTX plans to start distributing $16 billion to creditors by March 2025. Distributions will begin 60 days after the Chapter 11 plan becomes effective in Jan. Customers must complete KYC verification and submit tax forms to receive payments. The FTX estate, now under...
    Bitwise files for Solana ETF in Delaware

    Bitwise files for Solana ETF in Delaware

    Bitwise files for a Solana ETF as SOL nears its all-time high of $259. Optimism grows with Trump’s election and SEC Chair Gary Gensler’s resignation. Competing firms like VanEck and 21Shares also seek Solana ETF approvals. Crypto asset manager Bitwise has taken a...
    SEC Chair Gensler to step down on January 20

    SEC Chair Gensler to step down on January 20

    Gary Gensler will step down on January 20, 2025. Solana, XRP among cryptocurrencies to spike amid the news. US Securities and Exchange Commission Chair Gary Gensler has announced his resignation from the agency effective January 20, 2025. Gensler announced his exit...
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