Top Ripple Lawyer Says Gensler's 'Anti-Crypto Crusade' Is Imploding, Former Binance CEO CZ Shares Key Insights, Dogecoin Best Performer in T...

Top Cryptocurrency News

Ripple Lawyer Declares SEC's "Anti-Crypto Crusade" Failure

In a recent statement, Stuart Alderoty, Ripple's chief legal officer, hailed a legal victory for Coinbase and its CLO, Paul Grewal, against the SEC on January 13th. The Third Circuit Court of Appeals criticized the SEC for its refusal to consider Coinbase's request for rulemaking, labeling the agency's actions as "arbitrary" and "capricious." Alderoty believes that the SEC's crackdown on crypto companies "goes beyond fighting fraud." As Gary Gensler's tenure as SEC chair nears its end, Alderoty sees the agency's "anti-crypto crusade" crumbling.

Binance Founder Urges Crypto Enthusiasts to Act Amidst Market Recovery

As the crypto market recovers following Monday's sell-off, Binance founder Changpeng Zhao (CZ) encouraged his followers to seize opportunities. CZ emphasized the importance of not dwelling on past regrets and acting on current opportunities. He believes that the current market condition presents a favorable moment for investment.

Dogecoin Surges as Meme Coins Lead Market Recovery

With Bitcoin regaining ground after dropping below $19,000, the broader crypto market is recovering. Meme coins, particularly Dogecoin, have been leading the charge. Dogecoin, the largest meme cryptocurrency, surged over 11% on January 14th, propelling its market capitalization to an impressive $54.2 billion. Among the top 50 cryptocurrencies, Kaspa (KAS) and Hyperliquid (HYPE) were the only ones to outperform Dogecoin. Other meme coins, such as Shiba Inu (SHIB) and Pepe (PEPE), also posted gains.