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Areeba Rashid

Articles

  • Jan 16, 2025 | cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid

    The SEC appeals a 2023 ruling, questioning XRP retail sales as securities under the Howey Test. The SEC claims Ripple’s $2B XRP sales violate laws, citing investment contract criteria. XRP surged 10%, reaching $2.686, amid market optimism despite ongoing litigation and regulatory uncertainty. The U.S. Securities and Exchange Commission (SEC) has formally appealed its case against Ripple Labs.

  • Jan 10, 2025 | cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid

    Donald Trump holds $8 million in meme coins, including $5.5 million in TROG tokens. Trump’s NFT collection and Bitcoin support reflect a major shift in his stance on crypto. Trump’s administration could bring clearer crypto regulations with key innovation-friendly appointments. Donald Trump, GOP leader and billionaire businessman, is set to make history as the first sitting U.S. President to hold meme coins.

  • Jan 10, 2025 | cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid

    Ethereum’s technical pattern suggests a potential dip to $2,800, which could trigger a rally toward $6,000. Despite a recent slight price drop, Ethereum’s long-term outlook remains positive, with its market cap at $390 billion. Ethereum’s shift to Proof-of-Stake (PoS) has reduced supply, with 53,514.62 ETH burned, potentially boosting its value.

  • Jan 9, 2025 | cryptoweeklyjournal.com | Areeba Rashid |Bena Ilyas

    The HKMA launched the Supervisory Incubator to help banks adopt DLT while managing risks and enhancing safety in implementation. Banks can refine DLT systems, test projects, and improve risk management with HKMA support before full deployment of tokenized services. The initiative strengthens industry readiness by sharing best practices and fostering safe DLT adoption across the financial sector.

  • Jan 9, 2025 | cryptoweeklyjournal.com | Bena Ilyas |Areeba Rashid

    Bitcoin ETFs saw $1.7 billion inflows in four days, led by BlackRock’s $596 million single-day surge. BlackRock’s IBIT dominates with $54 billion in assets, while others like ARKB and GBTC faced outflows. Bitcoin dropped 6% to $95,259, but crypto ETFs remain bullish, with Ethereum ETFs gaining $2.7 billion. Bitcoin exchange-traded funds (ETFs) moved significantly but in opposite directions on Tuesday, as data from SoSoValue showed total net inflows of $52.4 million for the day.

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