Bitwise chief investment officer Matt Hougan has slammed the idea that Bitcoin shouldn’t be used for investment and 401(k)s because of its volatility — arguing that some stocks are also prone to even larger price swings. Hougan made the comments…

MultiChoice Nigeria, a Canal+ company, has announced a leadership transition, as Chief Executive Officer John Ugbe retires after a distinguished tenure. He will be succeeded by Kemi Omotosho, who will be appointed Chief Executive Officer, Nigeria, effective this January. Mr…

Eric Adams has made his first major public move since leaving the New York City Mayor’s Office, launching a New York City–themed crypto token aimed at addressing antisemitism and “anti-Americanism.”In a post to X on Monday, Adams announced the launch…

US President Donald Trump has pledged to make major tech companies “pick up the tab” for their power usage to prevent everyday Americans from paying more for electricity. “I never want Americans to pay higher electricity bills because of data…

Meta is reportedly set to lay off around 10% of staff from its metaverse arm this week, as the tech giant focuses its resources on artificial intelligence. Meta could announce the cuts as soon as Tuesday, the New York Times reported…

Ethereum needs to get to a point where its value proposition remains even if developers stop active work on the protocol, according to its co-founder Vitalik Buterin.“We must get to a place where Ethereum’s value proposition does not strictly depend…

US Commodity Futures Trading Commission chair Mike Selig has unveiled the agency’s new innovation committee, aimed at guiding the regulation of emerging technologies like blockchain and AI, which are transforming financial markets. The Innovation Advisory Committee replaces the Technology Advisory…

Bitmine Immersion Technologies expanded its Ether holdings over the past week as its chairman urged shareholders to approve a proposal that would allow the company to further build its crypto treasury and staking operations.The company said it purchased 24,266 Ether…

Credit rating company Fitch Ratings has flagged a high degree of risk associated with Bitcoin-backed securities, a warning that could complicate the expansion of crypto-linked credit products among institutional investors.In a Monday assessment, Fitch said Bitcoin-backed securities, financial instruments typically…

Paul Atkins, chair of the US Securities and Exchange Commission (SEC), didn’t rule out the possibility of authorities seizing Venezuela’s reported Bitcoin holdings after US forces unseated and captured the country’s president.In a Monday interview with Fox Business’ Stuart Varney,…

Presco Plc has announced a change in the composition of its board with the appointment of Adewale Arikawe as a non-executive director, effective from 2 January. In a notice to the Nigerian Exchange Limited (NGX) signed by its secretary, Frederick…

ETH’s recent rally was driven by spot demand and a healthy use of futures market leverage, potentially setting Ether up for a follow-up move to $4,000.Ether’s (ETH) futures and spot markets are sending mixed signals as futures positioning builds, but…

With Bakkt’s share price surging following the announcement, the stock deal could be worth about $178 million.Cryptocurrency infrastructure platform Bakkt Holdings announced an agreement to purchase Distributed Technologies Research, a stablecoin and fiat payments infrastructure provider.In a Monday notice, Bakkt…

VelaFi, a stablecoin-based financial infrastructure company under Galactic Holdings, has raised $20 million in a Series B round to support the expansion of its enterprise payments and settlement services across Latin America, the United States and Asia. According to Monday’s…

ETH price could rally 95% versus Bitcoin if a decisive breakout above the key 0.042 BTC neckline confirms a bullish reversal.Key takeaways:Ethereum’s native token, Ether (ETH), could rally by over 95% versus Bitcoin (BTC), according to a textbook bullish reversal…