US Congress starts investigating crypto debanking allegations

The U.S. House Oversight Committee has launched an investigation into alleged debanking practices targeting crypto companies.  On Friday, Committee Chair James Comer sent letters to prominent crypto executives, including Coinbase CEO Brian Armstrong and Uniswap founder Hayden Adams, seeking information about reported banking restrictions. The inquiry aims to assess whether financial institutions acted independently or […]

Rumble starts buying Bitcoin as part of $20m BTC strategy

Rumble, a Tether-backed and Nasdaq-listed video-sharing platform, has made its first-ever purchase of Bitcoin. The announcement came from CEO Chris Pavlovski, who confirmed that the acquisition occurred on Friday, January 17. While the exact amount of Bitcoin (BTC) purchased was not disclosed, Pavlovski emphasized that this marks the beginning of Rumble’s long-term strategy to strengthen […]

IOTA price plunges as new governance vote starts

IOTA price fell for two consecutive days, erasing some of the gains made late last week, as token holders initiated a key governance vote. IOTA (IOTA), a leading distributed ledger network, dropped to $0.30, down by over 53% from its highest level in December. This decline coincided with the ongoing sell-off of other cryptocurrencies like […]

Injective price flies as the new INJ 3.0 era starts

Injective, the VC-funded layer-1 blockchain, continued its uptrend as community members voted in favor of the new Injective 3.0 upgrade. Injective (INJ) rose for six consecutive days, reaching an intraday high of $26, its highest level since Dec. 18. The token has surged by 40% from its lowest point this year. The rally is primarily […]

XRP price rises as January Effect starts, Ripple ETF odds rise

Ripple price rose for three consecutive days as Bitcoin and other altcoins rebounded on the first trading day of the year, hinting at a potential January Effect. Ripple (XRP) climbed to $2.40 on Thursday, marking its highest level since Dec. 18 and a 26% increase from its lowest level last week. There are a few […]