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Breaking: Donald Trump Nominates Paul Atkins as SEC Chair in Crypto-Friendly Shift

Vortex Cryptonews

Paul Atkins brings substantial regulatory experience as former SEC Commissioner (2002-2008) and current co-chair of Digital Chamber’s Token Alliance since 2017. The nomination indicates Trump’s commitment to fostering innovation in digital assets and maintaining US economic leadership. Atkins’ nomination suggests a potential shift from the SEC’s current strict regulatory stance under Gary Gensler toward a more balanced approach to cryptocurrency oversight. has nominated Paul Atkins as the next US Securities and Exchange Commission () Chairman through an on Truth Social, signaling a potential shift toward more flexible financial regulation. Atkins…

Bitcoin ETF Ads Attract Chinese Investors on Alipay Platform

Vortex Cryptonews

The ads directed users to Huabao Overseas Technology C, which has indirect exposure to Coinbase stock and the ARK 21Shares Bitcoin ETF. Users who saw the crypto ads on Alipay speculated that the next step could be the ability to buy Bitcoin directly through the platform. Demand for spot Bitcoin ETFs has been on the rise with a record-breaking debut year for the product. Users of China’s largest payment platform Alipay saw new advertisements featuring ads related to spot Bitcoin ETFs and digital assets. The advertisement appeared on Alipay homepages…

Bitcoin Volatility Surges Near $100K: Will December BTC Price Break $120K?

Vortex Cryptonews

Bitcoin slipped below $100k, trading at $99,404 with a 1.74% intraday pullback, dragging the total crypto market cap to $3.55 trillion. The market saw $288M liquidated in the past 24 hours with $217M in long liquidations. Bitcoin spot ETFs recorded a net inflow of $2.73 billion last week. Historical trends show that positive Novembers often lead to bullish Decembers, suggesting BTC could hit $120K by year-end. With the sudden increase in fluctuation in Bitcoin near the $100,000 milestone, the crypto market is witnessing a surge in volatility. Bitcoin price has…

Cambodia Blocks Major Crypto Websites amid Rising Cybercrime and Regulatory Challenges

Vortex Cryptonews

Cambodia has blocked 102 websites, citing licensing issues. Although the websites are restricted, their mobile apps continue to function within the country. Only two companies are licensed under Cambodia’s FinTech Regulatory Sandbox program, but strict limitations are applied to their operations as well. The Telecommunication Regulator of Cambodia (TRC) recently a directive to block 102 websites, including 16 crypto exchange platforms like Binance and Coinbase. The move was prompted by their lack of licensing from the Securities and Exchange Regulator of Cambodia (SERC). While the websites are now inaccessible within…

Algorand (ALGO) Aims to Retest Its 5-Year ATH amid Rising On-chain Activities

Vortex Cryptonews

The Algorand network intends to launch staking rewards before the end of this year with a minimum of 30K ALGO for solo stakers. ALGO price has rallied to a 31-month high, thus indicating the onset of its macro bull run. The total crypto market cap has surged to the highest level of about $3.71 trillion since inception majorly fueled by the altcoin industry. The TOTAL2 market cap, which excludes Ethereum , surged to a new all-time high earlier today of above $1.1 trillion. Consequently, more investors have rushed to undervalued…

Bitcoin Price Flashes Short-term Weakness as the US Government Transfers 20k BTC to Coinbase Prime

Vortex Cryptonews

The US Marshals Service previously selected Coinbase Prime as its partner to secure its digital assets. The fear of the Biden administration selling off the country’s Bitcoin holdings remains high until January 20. After an impressive performance in the first three weeks of November, Bitcoin price closed last week in a Doji Dragonfly candlestick, thus signaling a potential cooldown of the bullish momentum. The flagship coin failed to reach the much-hyped target of $100k, following a notable shift to the altcoin industry by whale and retail investors in the past…

Mibialorex: A Leading Crypto-to-Crypto Exchange Focused on Continuous Improvement and User Satisfaction

Vortex Cryptonews

Mibialorex: The Future of Crypto-to-Crypto Trading with Continuous Platform Enhancement In the fast-paced world of cryptocurrency trading, the ability to find a reliable and efficient platform is crucial for success. Mibialorex has risen to the occasion, offering a secure and seamless crypto-to-crypto exchange that allows users to trade directly between digital currencies, without involving fiat currencies. With over three years of experience and a presence in 53 countries, Mibialorex has proven itself as a trusted name in the crypto space. What truly distinguishes Mibialorex from other exchanges is its unwavering…

Bitcoin Surges to New ATH Past $106K, Experts Eye Further Gains

Vortex Cryptonews

Bitcoin hit a new record high of $106,488 on Sunday evening. The broader crypto market rose by 2.7%, reaching a combined valuation of $3.71 trillion. MicroStrategy’s reported Bitcoin purchase above $100K sparked renewed investor optimism. Bitcoin rallied to a new high on Sunday evening, crossing $106,488 as investors fueled a surge driven by both political and monetary developments. At the time of writing, the largest cryptocurrency was trading at $105,258, reflecting a 3.3% increase in market cap to $2.08 trillion. Meanwhile, the broader cryptocurrency market also saw a 2.7% rise…

Argo Blockchain Sees $3.4M Revenue Surge as Bitcoin Price Soars

Vortex Cryptonews

Argo Blockchain reported profitability for November as the market recovered. The firm’s positive financials were also bolstered by a surge in hash price. ARBK shares are down as investors revealed skepticism in pre-market trading. Argo Blockchain PLC (NASDAQ: ARBK), the London-based Bitcoin mining firm, saw a significant rise in revenue for November. This record came despite a decline in its Bitcoin production during the same period. The company has been facing financial challenges but shows resilience in the volatile crypto market. Higher hash prices and a rise in Bitcoin prices…

Bitcoin ATM Operator Byte Federal Says 58K Users Were Affected by Massive Data Breach

Vortex Cryptonews

The company confirmed that no user funds were stolen during the data breach that happened in September. Stolen user data could be sold on darknet marketplaces and potentially lead to further fraudulent activities. Byte Federal Inc, one of the largest operators of automated teller machines (ATMs) for Bitcoin in the United States, has announced that up to 58K customers were affected by a major data breach that occurred on September 30, 2024, but was discovered on November 18. According to a to the office of the Maine Attorney General submitted…