arnoldph85

@arnoldph85

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House Democrats are preparing to introduce the Modern Emoluments and Malfeasance Enforcement (MEME) Act, which would prohibit public officials from profiting from digital assets, California Representative Sam Liccardo told ABC News on Feb. 27.

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He added that professional wealth managers, particularly independent registered investment advisors (RIAs), are also showing interest in adding altcoin ETF allocations to differentiate from competitors.

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The head of 21Shares’ US operations, Federico Brokate, said that even crypto-native investors stand to benefit from holding altcoins in an ETF wrapper.

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“A compromised interface made it appear as though a transaction was doing one thing while it was actually doing another,” Beiko said. Crypto commentators have been advocating ever since for an Ethereum rollback to reverse the hack, invalid the transactions, and recover Bybit’s funds.

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https://warpcast.com/danaa2lim/0xd33f9d2e

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https://warpcast.com/darcyon3/0x800238ba

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Baldiviezo also accused Milei of violating the Public Ethics Law, which is Argentina’s framework for public officials, requiring them to declare asset holdings and conflicts of interest.

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The “Trump trade” is back in full swing, with pro-crypto leaders like President Donald Trump, Argentina’s President Javier Milei, and El Salvador’s Nayib Bukele signaling a new era in crypto regulation as the Trump inauguration ends and Trump takes the helm as the 47th president of the United States.

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Trump’s presidency is expected to usher in an era of pro-crypto policies, he said, and while this could pave the way for legitimate growth for established assets like Bitcoin, it also “raises questions about the risks of speculative trading driven by social media hype.”

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“Let’s be very clear: this is more gambling than investing,” Nigel Green, CEO of UAE-based deVere Group, said in a press release.

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On Jan. 17, the then-US president-elect made waves in the crypto world by launching his own memecoin, TRUMP, which saw record demand in no time and created a market cap worth billions out of thin air.

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The United States IRS has deemed decentralized exchanges and other front-end platforms to be “brokers” in its final regulations on digital asset reporting.

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Five of the last six trading days were net outflows, with IBIT seeing its largest outflow of $188.7 million on Dec. 24.

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However, the spot Bitcoin ETFs didn’t finish too strong toward the year’s end, seeing a combined $1.33 billion in outflows since Dec. 19.

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These net inflows smashed an earlier $14 billion first-year estimate from Galaxy Digital’s research head Alex Thorn.

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BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the pack with $37.31 billion in net inflows, while the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB) rounded out the top three with $11.84 billion and $2.49 billion, followed by Bitwise Bitcoin ETF (BITB) $2.19 billion, according to Farside Investors.

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United States spot Bitcoin exchange-traded funds racked up a staggering $35.65 billion in net inflows in 2024 — far exceeding early industry estimates, while the spot Ether ETFs finished strong, seeing net inflows of $349.3 million in the last four trading days to reach $2.68 billion since launch.

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Cumulative trading volume around AI tokens also experienced a decline, falling nearly 11% during the past month to the current $4.73 billion, suggesting a lower trader interest in AI cryptocurrencies.

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The cumulative market capitalization of AI cryptocurrencies stood at $50.5 billion as of 7:15 am in UTC, down over 28% from their peak of $70.4 billion recorded on Dec. 7, CoinMarketCap data shows.

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Artificial intelligence cryptocurrency tokens have shed nearly one-third of their cumulative value in December 2024, as of Dec. 28.

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