In a historic move, Goldman Sachs, the world’s second-largest investment bank, has formally acknowledged cryptocurrencies and blockchain technologies in its 2024 annual shareholder letter—a first since its years-long silence on digital assets dating back to 2017. The bank stated, “The growth of electronic trading and the introduction of new products and technologies, including trading and … Continue reading "Goldman Sachs Breaks Silence on Crypto in Shareholder Letter" The post Goldman Sachs Breaks Silence on Crypto in Shareholder Letter appeared first on Cryptoknowmics-Crypto News and Media Platform .

2025-03-15 15:29

The U.S. Securities and Exchange Commission (SEC) has postponed its decision on several spot altcoin ETF applications, including one for XRP, as it awaits the confirmation of Paul Atkins as the agency’s new Chair. According to a post by crypto researcher SMQKE (@SMQKEDQG), the delay aligns with the previous administration’s cautious approach to crypto ETF … Continue reading "SEC Delays XRP ETF Decision Pending New Chair Confirmation" The post SEC Delays XRP ETF Decision Pending New Chair Confirmation appeared first on Cryptoknowmics-Crypto News and Media Platform .

2025-03-15 14:31

The Shiba Inu (SHIB) ecosystem witnessed a massive spike in its weekly burn rate, with over 535 million SHIB tokens permanently removed from circulation. According to data from Shibburn, this marks a 416% surge in the burn rate over the past week. Massive SHIB Burns Trigger Community Buzz The biggest single burn of the week … Continue reading "SHIB Burn Rate Jumps 416% as Price Climbs Over 7%" The post SHIB Burn Rate Jumps 416% as Price Climbs Over 7% appeared first on Cryptoknowmics-Crypto News and Media Platform .

2025-03-15 10:01

The global cryptocurrency market has witnessed a mild recovery, climbing over 1.2% in the last 24 hours to reach approximately $2.84 trillion on March 15, 2025. This uptick is a welcome shift, especially after the market lost more than $1 trillion in valuation over the past two months. The positive momentum was reflected across major … Continue reading "Crypto Market Recovers as BTC Rebounds, XRP Gains Regulatory Clarity" The post Crypto Market Recovers as BTC Rebounds, XRP Gains Regulatory Clarity appeared first on Cryptoknowmics-Crypto News and Media Platform .

2025-03-15 09:25

Ripple Labs is on the verge of a major breakthrough as the U.S. Securities and Exchange Commission (SEC) proposes classifying XRP as a strategic financial asset, not a security. This move aligns with the Trump administration’s broader plan to build a Strategic Bitcoin Reserve, where XRP could play a vital role in unlocking massive liquidity. … Continue reading "XRP Gains Legal Clarity as Trump Eyes Strategic Bitcoin Reserve" The post XRP Gains Legal Clarity as Trump Eyes Strategic Bitcoin Reserve appeared first on Cryptoknowmics-Crypto News and Media Platform .

2025-03-15 08:44