News

The Central American nation is on a roll. This year’s Plan B conference was electric, featuring famous speakers from abroad as well as native Spanish content.

Bitcoin remains resilient around $95K as pro-crypto leadership gains traction, the Fed eyes a policy shift, and institutional adoption begs for bold price predictions.

It's often difficult to make sense of regulatory actions and changes to the structure and size of regulatory units. According to a report by The New York Times published on Feb. 4, the Securities and Exchange Commission (SEC) will be reducing its 50-person cryptocurrency law-enforcement group in keeping with the preferred policies of the new presidential administration. For now, what's certain is that the SEC's exercise of oversight of the cryptocurrency sector is set to get even weaker than it was before.

Might the Oracle of Omaha, Warren Buffett, ever get on board with investing in an asset like Bitcoin, (CRYPTO: BTC) which -- on the surface -- breaks all of his traditional rules for investing? Buffett's disposition toward Bitcoin over the years, and also toward cryptocurrencies in general, has been one of unrestrained revulsion. Bitcoin is a good asset for holding forever -- and therein lies the reason that Buffett is missing out on a great investment, despite it having a lot of qualities that he usually says he likes.

Back in 2020, the U.S. Securities and Exchange Commission (SEC) sued Ripple, alleging that the company broke securities laws when it sold its XRP (CRYPTO: XRP) cryptocurrency to investors. Ripple hasn't been the SEC's only target. In fact, a federal court, responding to a request by Binance and the SEC (led by the Trump-appointed acting chairman), just approved a 60-day pause in the case, and there is speculation Ripple's case could be next.

Asset managers, ranging from wealth management companies to hedge funds and pension funds, boosted allocations to U.S. exchange-traded funds tied to the price of bitcoin in the fourth quarter of 2024, as the price of the world's largest cryptocurrency soared 47%, according to recent regulatory filings. The State of Wisconsin Investment Board disclosed in its quarterly 13-F filings with the Securities and Exchange Commission that its bitcoin ETF holdings more than doubled in the final three months of last year, to 6 million shares of the iShares Bitcoin Trust ETF by December 31. The fund, which was the first fund of its kind to report investing in crypto following the debut of bitcoin ETFs, couldn't immediately be reached for comment.

This week was a choppy one for cryptocurrencies. Both were probably somewhat jealous of Litecoin (CRYPTO: LTC), which rose a juicy 22% higher. The major news item dampening the desire for cryptos at the week's kickoff was regarding inflation.