The Central African Republic (CAR) has introduced CAR, a memecoin project aimed at testing its potential role in national development. President Faustin-Archange Touadéra announced the launch on Feb. 9 via X, describing the initiative as an experiment to showcase how a meme-based asset could bring people together, promote economic growth, and elevate the country’s global…
The following is a guest post from Zac Williamson, CEO and Co-founder at Aztec. The blockchain industry is at a crossroads. While the industry has made significant headway in development scaling solutions, a fundamental challenge remains unaddressed: the need for programmable privacy. The enforced transparency of blockchains prevents their adoption in cases where user privacy…
A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on Feb. 5, centers on Trump’s promotion of the Official Trump Memecoin (TRUMP) launched last month.…
The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which featured a surprise closing speaker, Donald Trump Jr. “The future of RWAs in the US…
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events. Over $10 billion was liquidated in a single day, as Ethereum (ETH)…
Lawmakers in Maryland, Iowa, and Kentucky have introduced legislation proposing the creation of Bitcoin (BTC) strategic reserves in their respective states. The latest bills bring the number of US states considering Bitcoin reserves to 17. The proposals aim to integrate Bitcoin into state financial strategies. Kentucky House Bill 376, introduced by Representative TJ Roberts, aims…
Gemini is exploring a potential initial public offering (IPO) as soon as this year, Bloomberg News reported, citing people familiar with the matter. Sources told the newswire that the exchange is discussing a public listing with potential advisers, but no final decision has been made. Gemini did not immediately respond to requests for comment. Bloomberg…
Alex Pertsev, co-founder of the crypto mixing service Tornado Cash, announced that a Dutch court has suspended his pretrial detention, allowing him to move to electronic monitoring while he prepares an appeal. On a Feb. 6 X post, Pertsev shared: “Dear Friends, on Friday 7 February at 10 am I will be free! It is…
The crypto industry saw ransomware payments decline by 35% in 2024, falling to $813 million from the previous year’s $1.25 billion, according to Chainalysis‘ 2025 Crypto Crime Report. According to the firm, this marks the most significant annual decline in ransomware revenue over the past three years. Crypto Ransomware Payments (Source: Chainalysis) Crypto ransomware 2024…
The Federal Deposit Insurance Corporation (FDIC) is preparing to revise its guidelines for banks engaging in crypto-related activities, Barrons reported on Feb. 5. The changes would allow banks to participate in certain crypto-related activities without requiring prior regulatory approval. Some banks have reportedly engaged with government officials to advocate for offering crypto custody services and…
Ethereum’s value against Bitcoin has hit a new low, with the ETH/BTC ratio slipping to 0.027 — its weakest level in over five years, according to CryptoQuant data. The downward trend began after Ethereum’s 2022 transition to a proof-of-stake network. Since then, its ratio against Bitcoin has plummeted by nearly 70%, reflecting waning demand compared…
Kakao Corp. has become the first South Korean company to form a strategic partnership with OpenAI, marking a major step in the AI research firm’s expansion into Asia. The collaboration aims to integrate OpenAI’s advanced models into Kakao’s platforms, including KakaoTalk and its upcoming AI assistant Kanana, while also co-developing AI-driven products tailored to the…
Despite Bitcoin (BTC) reaching a daily low of $91,341.25 on Feb. 3 due to President Donald Trump’s remarks on tariffs, BTC remains structurally strong, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin surged at the beginning of the year, gaining over 10% in January and reaching an all-time high of $109,590 on…
Kraken has secured a Markets in Financial Instruments Directive (MiFID) license in the EU, enabling the crypto exchange to expand its regulated derivatives offerings across key EU markets. According to the announcement on Feb. 3, the license was obtained through the acquisition of a Cypriot investment firm, which was recently approved by the Cyprus Securities…
As XRP continues its climb, racking up nods from global regulators and initiatives to expand adoption including a potential Grayscale XRP ETF and CME XRP futures, a shadow of doubt is cast upon its regulatory standing in the Chinese special administrative region of Hong Kong. Ripple’s XRP conspicuous for its absence On Jan 27, Hong…
The following is a guest post from Christina Comben. If you’ve been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn’t crash and burn in the aftermath of Terra/LUNA, FTX, et al in 2022. Ledn’s more conservative…
The following is a guest post by Lukas Schor, Co-Founder of Safe. 2024 has been a pivotal year for DeFi. Practical applications for smart accounts are already in use. Major infrastructure milestones like chain abstraction, along with positive market sentiment and consistent growth, will enable a return to fundamentals in the coming year. This means…
The following article is an op-ed by Daniil Shcherbakov, Co-Founder at TonTon Games. As 2024 comes to an end, the Web3 gaming industry is still at a crossroads. Often touted as the future of gaming, with promises of true freedom for players, it has also become a graveyard for ambition — 75% of projects launched…
Market capitalization seems to have been the dominant driver of stock price performance last year, particularly for companies with significant Bitcoin holdings. Companies such as MicroStrategy (MSTR) and Tesla (TSLA) saw their stock prices move in tandem with Bitcoin’s price appreciation. This trend has been amplified by the broader risk-on sentiment in equities, where speculative…
Grayscale Investments announced the launch of the Grayscale Dogecoin Trust on Jan. 30, marking a significant milestone in institutional access to Dogecoin, the crypto initially created as a joke but now valued at billions. The new single-asset fund offers accredited investors exposure to Dogecoin (DOGE) through a traditional security format, eliminating the complexities of directly…
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › B2TRADER, the multi-asset, multi-market trading platform trusted by brokers worldwide, has just released version 2.2. This update brings several fresh capabilities designed to elevate the broker experience. From the new C-Book routing model to greater choice…
Kraken announced the launch of a new onchain staking product for US clients, marking a significant return to staking services in select states after facing regulatory scrutiny. The offering will allow users in 37 states and two territories to stake digital assets such as Ethereum (ETH), Solana (SOL), Polkadot (DOT), and Cardano (ADA), according to…
Robinhood CEO Vlad Tenev warned that the US could lose its competitive edge in financial markets if regulators fail to provide clear rules for tokenized securities. In a Jan. 28 op-ed for The Washington Post, Tenev argued that blockchain-based financial assets could broaden investment opportunities, allowing retail investors to participate in the early growth of…
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Bitwise officially filed the S-1 form for its spot Dogecoin (DOGE) exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC) on Jan. 28. Additionally, Cboe re-filed the 19b-4 forms to trade Solana (SOL) ETFs from VanEck, Canary, Bitwise, and 21shares. Bloomberg ETF analyst James Seyffart highlighted that the market expected the move from…
The Sui blockchain is making strides in improving accessibility by enabling transactions through SMS. On Jan. 27, Mysten Labs Co-Founder and Chief Cryptographer Kostas Kryptos Chalkias shared a demo showcasing how SMS-based transactions function on the SUI network. Mysten Labs is the developer behind the Sui Layer 1 blockchain network. Adeniyi Abiodun, another Mysten Labs…
MicroStrategy has announced plans to raise additional funds to expand its Bitcoin holdings through a public offering of Strike Preferred Stock (STRK), according to a Jan. 27 statement. The company aims to issue 2.5 million shares of its Series A Perpetual Strike Preferred Stock, subject to regulatory approval and prevailing market conditions. The offering’s proceeds…
The following article is an op-ed by João Victor Alves Souza from Boletim Bitcoin. Stablecoins have exploded in popularity in recent years along with the wider digital asset market. Notably, the stablecoin market is gaining prominence in emerging economies, such as Brazil and other Latin American countries. Notably, Dollar Tether, USD Coin and other stablecoins are…
The following is a guest post from Rostyslav Bortman, Founder at Ethereum Ukraine. Let’s face it: although 2024 was a year of technological success for Ethereum, it was also a year of financial disappointment. On the one hand, Dencun was finally deployed, and activity on Layer 2 networks in the ecosystem skyrocketed 4 times. On…
Rumble, a prominent video-sharing platform, has revealed plans to introduce a crypto wallet designed to enhance payments between users and content creators. The platform’s CEO, Chris Pavlovski, announced the project on Jan. 23, stating that the new “Rumble Wallet” will provide a simple and efficient way for creators to receive payments. He stated: “Rumble Wallet…
The US Commodity Futures Trading Commission (CFTC) has appointed Harry Jung to spearhead its crypto, DeFi, and digital assets efforts. Jung will also serve as Acting Chief of Staff under Acting Chair Caroline Pham, according to a Jan. 23 statement. Jung’s promotion builds on his experience as the Designated Federal Officer for the CFTC’s Global…
OpenAI has challenged the jurisdiction of an Indian court to compel the removal of ChatGPT’s training data, asserting that such an order would conflict with its legal obligations under US law, Reuters reported, citing a recent court filing. The case, filed by Indian news agency ANI in November, alleges that OpenAI used its published content…
The US District Court for the Western District of Texas has overturned the sanctions imposed by the US Treasury’s Office of Foreign Assets Control (OFAC) on crypto-mixing protocol Tornado Cash. A Jan. 21 filing from the Fifth Circuit Court of Appeals ordered OFAC to remove Tornado Cash-linked addresses from its Specially Designated Nationals and Blocked…
Circle announced on Jan. 21 the acquisition of the tokenization firm Hashnote, the issuer of the USYC token. Additionally, the company closed a partnership with the market maker DRW Cumberland to drive USYC and USD Coin (USDC) in crypto and traditional markets. According to rwa.xyz data, Hashnote’s tokenized money fund Hashnote Short Duration Yield Coin…
Rex has filed new ETF registration documents with the Securities and Exchange Commission, listing several cryptocurrency-focused funds, including a TRUMP ETF, a DOGE ETF, a BONK ETF, and others tied to assets such as Bitcoin, Ethereum, XRP, and Solana. Rex Shares ETF filing (Source: Eric Balchunas) [Editor’s Note: This is not a joke.] Per Bloomberg’s…
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › London, January 20, 2025 – Wintermute is proud to strengthen its collaboration with TRON DAO, a leader in decentralized blockchain technology. This collaboration seeks to enhance liquidity and trading efficiency within the TRON ecosystem by leveraging…
The crypto market has recorded its highest weekly inflow this year, reaching an impressive $2.2 billion. According to the latest CoinShares report, this influx of capital was fueled by growing excitement around Donald Trump’s Jan. 20 inauguration. The firm noted that the surge pushed total year-to-date inflows to $2.8 billion. This influx has also pushed…
The following article is an op-ed by Mike Romanenko, CVO & Co-founder of Kyrrex. The crypto industry in Europe is standing at the threshold of a regulatory transformation. The Markets in Crypto-Assets Regulation – MiCA –, the European Union’s landmark framework for crypto governance, is set to become a legal requirement, shaping the industry’s future.…
On Friday evening in Washington DC, President-elect Donald Trump announced the launch of a Solana-based memecoin, TRUMP, just days ahead of his second-term inauguration. The announcement, made via posts on his verified X and Truth Social accounts, has sparked excitement, confusion, and intense debate within the crypto community. The TRUMP token quickly became the center…
The following is a guest post by Peter Curk, CEO at ICONOMI. The year 2024 has marked a turning point for digital assets, highlighted by Ethereum’s Dencun upgrade, the approval of Bitcoin exchange-traded funds (ETFs) and the implementation of the Markets for Crypto Assets (MiCA) regulation. Bitcoin’s record high following the U.S. presidential election has…
Multichain Capital partners Tushar Jain and Vishal Kankani introduced a proposal to address the inflation of Solana’s native crypto, SOL. The goal is to use a market-driven mechanism to adjust Solana’s emissions dynamically, moving away from the network’s current fixed-rate issuance model. Solana’s existing emissions mechanism, established in 2021, follows a rigid, time-based schedule that…
Crypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading desk, according to a Jan. 17 report. Traditional financial institutions played a pivotal role in reshaping OTC trading in 2024. The report pointed to improved regulatory clarity and evolving policy frameworks as confidence…
Ethereum developers are preparing to introduce the network’s next upgrade, Pectra, in March 2025. This timeline was discussed during the latest Execution Layer Meeting on Jan. 16, where key milestones leading to the mainnet activation were outlined. According to the developers, preparation begins with finalizing block numbers for the Sepolia and Holesky forks, which is…
Blockchain developer Michael Lewellen has filed a lawsuit against the US Department of Justice (DOJ), accusing the President Joe Biden administration of stifling innovation in the crypto sector through overly broad interpretations of federal money-transmission laws. Lewellen’s lawsuit centers on his work with Pharos, a non-custodial protocol that facilitates trustless and transparent crowdfunding campaigns. Pharos…
A national government is reportedly exploring Bitcoin as an alternative to its foreign currency bonds. On Jan. 16, Hunter Horsley, the CEO of Bitwise, revealed this development, noting that his firm had supplied detailed information to the government about Bitcoin exchange-traded funds (ETFs). According to Horsley, the government is examining the potential of reallocating part…
The total liquidations between Jan. 14 and Jan. 15 reached $201.87 million, with a skewed distribution favoring short positions. Data from CoinGlass showed that 74,152 traders were liquidated during this period, showing that yesterday’s price spike caught many traders off guard. Liquidation data shows that shorts were disproportionally affected, making up about 64.89% of all…
Tether, the leading issuer in the stablecoin sector, has initiated legal proceedings against Swan Bitcoin in the High Court of England and Wales, according to a Jan. 15 statement shared with CryptoSlate. The stablecoin company claimed that Swan had significantly breached their agreements, prompting the lawsuit to safeguard its investment. Tether stated: “Swan has acted…
Options trading platform Deribit has reportedly drawn interest from potential buyers and is working with FT Partners to explore strategic opportunities, Bloomberg News reported on Jan. 14, citing sources familiar with the matter. The platform has seen a meteoric rise in trading activity, with its total trading volume nearly doubling to $1.2 trillion in 2024.…
Robinhood has agreed to pay $45 million in civil penalties to settle charges of securities law violations. According to a Jan. 13 statement, this settlement follows an investigation by the US Securities and Exchange Commission (SEC) into the activities of its subsidiaries, Robinhood Securities LLC and Robinhood Financial LLC. The penalties include $33.5 million from…
Bitcoin’s (BTC) adoption is outpacing the transformative technologies of the past, including the internet and mobile phones, according to a recent report by BlackRock. The document highlighted that since its launch in 2009, Bitcoin has quickly evolved from a niche innovation to a globally recognized asset. It attributed the evolution to demographic trends, economic shifts, and…
23pds, the pseudonymous Chief Information Security Officer (CISO) at blockchain security firm SlowMist, has raised concerns about potential phishing attacks targeting more than seven million OpenSea users whose emails were leaked in a June 2022 breach. 23pds stated: “Remember the attack on the OpenSea mail service provider in 202[2] that led to the leakage of…
The following is a guest post from John deVadoss, Co-Founder of the InterWork Alliancez. The crypto universe is currently obsessed with generative AI, with the notion of “Agents,” putatively powered by crypto “rails” and coordinated via on-chain smart contracts. This is not a good idea for the simple reason that one cannot build “Agents” on…
A recent report by Bitwise and VettaFi reveals that 56% of financial advisors are more likely to invest in crypto this year, with the 2024 US election results pivoting sentiment. The 2024 surge in crypto prices and increased regulatory clarity have sparked greater interest from clients and advisors alike. In 2024, 96% of advisors fielded…
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with the most significant assets under management (AUM) one year after their launch in the US. BlackRock’s spot Bitcoin ETF IBIT was the best performer among the Bitcoin ETFs and also among all the nearly 4,000 exchange-traded funds on a list made by…
Oh, an innovative platform blending AI with Web3 technology has secured $4.5 million in seed funding, according to a Jan. 10 statement shared with CryptoSlate. The oversubscribed round saw contributions from major players like Tangent, Big Brain Holdings, Kosmos Ventures, Tagus Capital, and Bodhi Ventures. It also received support from prominent angel investors like Delphi…
Microsoft has filed a lawsuit aimed at disrupting cybercriminal operations that abuse generative AI technologies, according to a Jan. 10 announcement. The legal action, unsealed in the Eastern District of Virginia, targets a foreign-based threat group accused of bypassing safety measures in AI services to produce harmful and illicit content. The case highlights cybercriminals’ persistence…
Ethereum co-founder Vitalik Buterin has raised concerns about the potential dangers of unchecked Artificial Intelligence (AI) programs. In a Jan. 10 post on X, Buterin warned that improperly managed AI could create self-replicating intelligent entities that pose risks to humanity. He stated: “AI done wrong is making new forms of independent self-replicating intelligent life AI…
Thai authorities confiscated 996 Bitcoin (BTC) mining rigs in Chon Buri province, accusing operators of illegally siphoning electricity to power the energy-intensive machines. The raid, conducted on Jan. 8 in the Phanat Nikhom district, highlights growing concerns about the misuse of public utilities for crypto mining operations. Thai authorities previously conducted several raids on properties…
The bankrupt FTX exchange has challenged the announced sale of its European subsidiary, FTX EU, to Backpack, a crypto platform founded by former FTX employees. In a Jan. 8 statement, FTX clarified that its subsidiary FTX Europe AG wholly owns FTX EU. The company stated that the anticipated transfer of FTX EU shares to former…
China’s newly unveiled “National Data Infrastructure Construction Guidelines” place blockchain at the heart of the country’s strategy to enhance data security, transparency, and scalability as part of its broader digital transformation push. The guidelines, released by the National Development and Reform Commission and other agencies, highlight blockchain technology as a cornerstone for facilitating trusted data…
Ethereum co-founder Vitalik Buterin’s latest blog post reflects on the progress of decentralized and democratic differential defensive acceleration, or d/acc — one year after its introduction. Buterin emphasized the need for caution in AI development, advocating for defensive technologies that empower individuals and communities without relying on centralized authorities. One year after introducing the concept…
Social media giant Meta is replacing its fact-checking program with a user-driven “Community Notes” system, according to a Jan. 7 statement. This move follows the model adopted by X (formerly Twitter), where users collectively identify and provide context for potentially misleading posts. The platform added: “We think this could be a better way of achieving…
Enron has officially embraced its role as a parody, unveiling a comedic product dubbed the “Enron Egg,” a fictitious micro-nuclear reactor. The announcement, made on Jan. 6, marked the latest in a series of tongue-in-cheek moves by the resurrected brand, which also teased a crypto token launch. The elaborate launch video featured a fictional CEO,…
The excitement around crypto in the US under President-elect Donald Trump’s term is akin to a space race, according to Ari Redbord, head of legal and government affairs at TRM Labs. During an interview with CNBC’s Squawk Box, Redbord mentioned that “people are the policy” and highlighted Trump’s pro-crypto nominations for his cabinet so far,…
Sam Altman, co-founder and CEO of OpenAI, says the company knows how to build artificial general intelligence, anticipates AI agents entering the workforce in 2025, and is now focusing on how to achieve artificial superintelligence. Altman shared thoughts on the company’s progress in a blog post, reflecting on events that challenged OpenAI’s governance model and…
In the evolving landscape of digital finance, MiCA (Markets in Crypto-Assets) stands as a transformative framework poised to reshape the regulatory environment for digital assets. With stablecoins gaining momentum and mainstream adoption of crypto accelerating, MiCA introduces challenges and opportunities for fintech companies, traditional banks, and stablecoin issuers. In this exclusive interview, Anastasija Plotnikova explores…
Coinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid not only crypto-related services but also simple Bitcoin (BTC) offerings. The letters are unredacted versions of documents shared by Grewal on Dec. 6, 2024. They were dubbed “pause letters” because they repeatedly recommend…
The following is a guest article from Jackie Bona, Co-founder and CEO at Valora. Five Challenges Standing in the Way of Mass Adoption In today’s digital world, mobile technology is more than just a convenience—it’s a lifeline connecting billions of people to the internet. With over 8.58 billion mobile phones globally — surpassing the world’s…
India has intensified efforts to curb crypto-related scams by collaborating with tech giants Google and Meta (formerly Facebook), according to the Ministry of Home Affairs’ 2024 annual report. The initiative aims to combat the rising threat of “pig butchering” scams, a form of crypto investment fraud targeting vulnerable groups such as unemployed youth, housewives, students,…
MARA Holdings CEO Fred Thiel believes institutional involvement will significantly increase Bitcoin’s value, positioning the flagship crypto as a long-term growth asset. Speaking in a Jan. 2 interview with FOX Business, Thiel encouraged retail investors to adopt a steady, long-term investment strategy by regularly purchasing small amounts of Bitcoin. Thiel noted that Bitcoin has only…
Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics. The report highlighted a total of 102 publicly disclosed crypto VC investment projects in December, reflecting a 7.4% month-on-month (MoM) increase from 95 projects in November. However,…
Morgan Stanley’s crypto subsidiary, E-Trade, is preparing to offer crypto trading, The Information reported on Jan. 2, citing two people familiar with the plans. According to the report, the lender’s move is motivated by its anticipation of a more favorable regulatory environment under President-elect Donald Trump’s incoming administration. However, before launching such a service, E-Trade would…
Jordan’s government has introduced a new Blockchain Technology Policy for 2025, which aims to increase transparency, improve public services, and drive economic growth. The initiative, approved by the Jordanian Council of Ministers, seeks to modernize administrative procedures and enhance trust in government operations. The policy outlines plans to implement blockchain technology to streamline government functions,…
China has rolled out new regulations to identify and control risky foreign exchange activities, including those involving cryptocurrencies, the South China Morning Post reported. According to the report, China’s State Administration of Foreign Exchange recently directed banks to monitor and report suspicious transactions tied to cross-border gambling, underground financial networks, and unauthorized crypto dealings. The…
Switzerland’s Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide referendum and comes amid growing interest in sovereign adoption of the flagship asset. The initiative,…
Do Kwon, the South Korean co-founder of Terraform Labs, was extradited from Montenegro to the US, ending months of legal proceedings over the matter, according to local media reports. Montenegrin police transferred Kwon to US authorities at Podgorica International Airport on Dec. 31. He is set to face charges stemming from the 2022 collapse of…
DEXs registered new monthly trading volume records in December on spot and derivatives markets, with Solana-based protocols dominating the sector, according to DefiLlama. As of Dec. 30, on-chain spot trading volumes reached $451.5 billion, a 19% increase from November, which held the previous record of monthly trading volume at $379.5 billion. Meanwhile, on-chain derivatives moved…
CryptoQuant CEO Ki Young Ju questioned whether the US would need to adopt a Bitcoin standard unless global confidence in the dollar significantly erodes. His remarks come as conversations intensify about Bitcoin’s (BTC) role in the US financial system, drawing parallels to past debates over the gold standard. Ki said: “I support the idea of…
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over time to make substantial investments, outpaced other forms of crypto scams in 2024. The report…
Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s extradition had been met. Following this ruling, the Ministry of Justice evaluated the competing requests and concluded that the US request favored the most…
Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in crypto and blockchain to siphon off staking rewards from her digital wallet. According to the…
The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market. While often perceived as a domain for high-frequency traders with deep pockets, algo trading is, at its core, about automating trading strategies…
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its transaction volume. The analyst pointed out that an increasing velocity represents frequent network usage. He…
The crypto market is ending the year on a strong note as a record $18 billion worth of options contracts are set to expire. Options allow traders to speculate or hedge against price movements. A call option grants the right to buy an asset at a specific price, while a put option provides the right…
The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has authorities scrambling to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF and ACPR, are particularly concerned about the growing number of schemes involving bogus crypto investments.…
The total value locked (TVL) in DeFi protocols saw significant volatility in the past week, dropping from $140.95 billion on Dec. 17 to $117.76 billion on Dec. 20 before partially recovering to $122.06 billion by Dec.26. Graph showing the total value locked (TVL) across all DeFi protocols from Sep. 1 to Dec. 26, 2024 (Source:…
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition destination, which is now expected to be the US due to the ministry’s established stance,…
The holiday spirit failed to bring any stability to the crypto market, with Bitcoin seeing its price drop from $97,300 on Dec. 22 to $94,800 on Dec. 24. Christmas Day saw a slight recovery, but Bitcoin consolidated back to $98,000 as it met significant resistance above $99,000. This price volatility was accompanied by equal volatility…
stochastic momentum index and how is it used in trading The stochastic momentum index, or SMI, is a tool that traders use as part of their momentum trading strategies. It is an enhanced version of the traditional stochastic oscillator that was introduced by William Blau in a January 1993 publication in “Technical Analysis of Stocks…
Decentralized Science (DeSci) is poised for remarkable growth in 2025, fueled by utility memecoins, according to a recent report by MV Global. DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem by enhancing transparency, decentralization, and collaboration. The report highlighted that while such a concept is not…
Russian lawmaker proposes strategic Bitcoin reserve to counter geopolitical challenges Adoption 2 weeks ago As Bitcoin gains traction globally, Tkachev’s plan positions Russia to use digital currency as a hedge against geopolitical financial barriers.
Telegram officially became profitable in 2024, generating over $1 billion in revenue for the first time, according to the platform’s founder, Pavel Durov. Durove announced the achievement in a social media post on Dec. 23, marking a pivotal moment for the messaging platform, which has faced persistent financial challenges, accumulating debt, and legal scrutiny in…
Japanese Bitcoin-focused firm Metaplanet has significantly increased its crypto portfolio following its recent US market expansion. On Dec. 23, the company, listed on the Tokyo Stock Exchange and trading on the US OTCQX Market as MTPLF, said it acquired 619.70 BTC for 9.5 billion yen ($60.7 million). This purchase increases its total Bitcoin holdings to…
SpaceX uses stablecoins to dodge foreign exchange risks, Silicon Valley venture capitalist Chamath Palihapitiya said in the All-In podcast on Friday. Foreign exchange risk refers to the risk of losses that could arise from drastic fluctuations in a currency. For example, if a U.S. company has customers in Brazil that pay in Real (BRL), the…
Coinbase’s latest market outlook for 2025 identifies tokenization, DeFi resurgence, and a shift toward pro-crypto regulation in the US as key trends for the following year. Coinbase anticipates 2025 as a pivotal year for US crypto legislation after years of regulatory ambiguity. The exchange said these developments could redefine how crypto integrates with traditional finance…
The following is a guest post by Jakub Ondrasek, CEO at Clore AI. Tech innovations such as AI, cryptocurrency, quantum computing and VR are redefining modern life. Most consumers don’t know how much high-performance computing power is needed to fuel such changes. This computing power is driving major breakthroughs, but it also contributes to one…
Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking approach that merges innovation and environmental responsibility. This success builds on a pilot project launched…
Tether Limited is set to invest $775 million in video-sharing platform Rumble as part of a strategic partnership aimed at boosting decentralization efforts, according to a Dec. 20 press release. The news caused a sharp spike in Rumble’s stock, which surged in after-hours trading, climbing 35.89% to $9.77 despite having closed the regular session down…
Satoshi Action Fund Advisory, Nonprofit Company in North America Satoshi Action Fund (SAF) is a 501(c)(4) non-profit educational organization dedicated to informing policymakers and regulators about Bitcoin mining’s benefits and how it can be used as a tool to support other public policy goals.
El Salvador plans to continue and potentially accelerate its purchases of Bitcoin (BTC) despite its recent deal with the International Monetary Fund (IMF), according to Stacy Herbert, the director of the country’s Bitcoin Office. Moreover, Herbert confirmed that Bitcoin would remain legal tender alongside the US dollar and that the government would continue adding to its…
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. The announcement, made on Dec. 17 through Polygon’s official social media account, highlighted concerns raised by users regarding the lack of a consent mechanism and…
Indian crypto exchange WazirX faces mounting challenges after the Delhi High Court ordered a fresh investigation into the platform on Dec. 18 — the same day Binance announced it would delist the exchange’s native token WRX. The probe, spurred by allegations of a prior hack and concerns over financial irregularities, signals intensifying scrutiny on the…
The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin’s price volatility and were responsible for most of the volatility we’ve seen this quarter. Options data has shown a…
The Nigerian Securities and Exchange Commission (SEC) has rolled out stricter rules targeting influencers promoting crypto-related products without transparency. Under the updated framework, influencers must ensure their crypto clients are licensed by the SEC before endorsing any product or service. Additionally, all promotional content must be clearly labeled as sponsored. Failure to comply will attract…
Bitcoin’s mining ecosystem has reached unprecedented levels in terms of difficulty as hashrate reached new highs along with the price. On Dec. 16, mining difficulty surged by 4.43% to an all-time high of 108.52 trillion at block height 874,944. This marks the sixth consecutive upward increase in mining difficulty and the 26th adjustment this year.…
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. With US presidential elections concluded, Bitcoin has been hitting new all-time highs nearly on a weekly basis during November. Having reached almost $100,000 threshold on November 22nd, Bitcoin reinvigorated the altcoin market, now holding a $1.49 trillion market cap. The…
Perhaps unsurprisingly, the internet login system is essentially as old as the internet itself. In the 1960s and 1970s, as the first computer networks took shape, so too did the need for user authentication. ARPANET, the predecessor to today’s internet, implemented the first formal login systems when it began operations in 1969. These pioneering systems…
The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. As Bitcoin surpassed its all-time high earlier this year, driven by institutional interest, many expected a similar surge in the decentralized finance (DeFi) space. With DeFi surpassing $100 billion in total value locked (TVL), it was the perfect time for institutions to…
OpenAI has countered Elon Musk’s recent lawsuit, emphasizing that the billionaire had previously advocated for the company’s shift to a for-profit structure. Musk, one of OpenAI’s co-founders, has accused the AI company of abandoning its nonprofit roots, filing a fresh lawsuit in August after withdrawing an earlier complaint. Early discussions and governance disputes In a…
GateToken, the native crypto of the Gate.io exchange, has surged to a new all-time high despite rumors about a potential security breach circulating on social media platforms. According to CryptoSlate’s data, the token reached $13.79 before slightly retreating to $13.29 at the time of reporting. As the exchange’s utility token, it provides benefits such as…
Texas lawmakers have introduced a bill to establish a state-managed Bitcoin reserve, aiming to explore the potential role of crypto in public finance. Filed on Dec. 13 by Republican Rep. Giovanni Capriglione, the legislation would allow the state to collect taxes, fees, and donations in Bitcoin, with the assets held for at least five years.…
Crypto investor Will Harbone has launched LongGame, a $40 million venture capital fund dedicated to advancing longevity biotechnology, according to a Dec. 12 statement shared with CryptoSlate. The initiative seeks to revolutionize human health by extending healthy lifespans over three decades through investments in innovative fields like stem cell research, gene editing, and senolytics. LongGame…
State Auditor Andrew Sorrell has proposed that Alabama create a strategic Bitcoin (BTC) reserve to ensure its continued leadership in crypto adoption. He argued that such a move would diversify the state’s assets, attract crypto-focused businesses, and establish Alabama as a pioneer in the digital asset space. According to Sorrell: “Crypto is no longer a…
Binance has formed a strategic partnership with Circle to integrate USD Coin (USDC) across its services, aiming to enhance accessibility and promote adoption. This collaboration also positions USDC as a key corporate treasury asset for Binance, according to an announcement on Dec. 11. Circle CEO Jeremy Allaire highlighted the partnership’s significance, pointing out that two…
Italy’s government announced plans to scale back a proposed tax increase on crypto capital gains following criticism from industry stakeholders and divisions within the ruling coalition, Reuters reported on Dec. 11. The initial proposal, introduced as part of the 2025 budget, sought to raise the tax rate on crypto gains from 26% to 42%, a…
Bitcoin’s price action over the past week has been remarkable, marked by its milestone climb past $100,000. While this monumental level was short-lived, with BTC quickly correcting to around $91,000 before rebounding to around $97,000, it remains a significant achievement. Since first breaching the milestone, Bitcoin has passed through the $100,000 mark several times, indicating…
The crypto market experienced a cascade of liquidations over the past 24 hours, totaling $1.52 billion, as Bitcoin (BTC) underwent yet another flash crash. According to Coinglass data, longs made up the vast majority of the amount, with $1.39 billion liquidated across the market, while short liquidations accounted for $137 million of the total. This…
On Dec 11, the U.S. Senate Banking Committee will decide whether to renominate Caroline Crenshaw, a Democrat Securities and Exchange Commission (SEC) commissioner. Crenshaw has always been a staunch critic of cryptocurrencies and the crypto community is not happy with the prospect of her re-election. Crenshaw is ‘anti-crypto,’ says Coinbase COO Crenshaw, who was sworn…
The following article is an op-ed by Tyler Adams, CEO & Co-Founder at COZ. For the last two years, crypto developers and venture capital have been hyper-focused on supporting infrastructure projects to the detriment of consumer-facing applications. If you look around this industry, you will see a plethora of tools for developers to integrate privacy…
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading.
The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant market concentration, according to its 2024 annual report. The report called for urgent legislative action to create a comprehensive federal framework for stablecoin issuers to mitigate risks tied to their rapid growth…
DeFi lending on Bitcoin-based Liquidium reached a four-month high of 21 BTC on Dec. 5, following the top asset climb to a new all-time high above $100,000. Onchain data reveals that loans against Runes accounted for 57% of Liquidium’s daily volume, contributing 12 BTC, while Ordinals accounted for the remaining 43%, contributing 9 BTC. These…
A recent Keyrock report highlighted that 90% of token unlocks exert negative price pressure, though the effects often take up to 30 days to materialize fully. Approximately $600 million of previously locked tokens are regularly circulated. With predetermined schedules, these unlocks flow to teams, investors, and ecosystem funds. The report noted the importance of tracking…
President-elect Donald Trump lauded Bitcoin’s (BTC) record-breaking ascent past $100,000, congratulated Bitcoin investors on his Truth Social platform, and attributed the milestone to his influence. Trump declared that Bitcoin investors are “welcome,” framing the surge as a testament to his pro-growth policies. He said: “CONGRATULATIONS BITCOINERS!!! $100,000!!! YOU’RE WELCOME!!! Together, we will Make America Great Again!”…
For the first time, Bitcoin has surpassed the $100,000 mark, pushing its market capitalization to $2 trillion. This milestone follows a series of new all-time highs over the past few weeks, fueled by market momentum after the U.S. presidential election. The election of Donald Trump, who has promised pro-cryptocurrency policies, contributed to Bitcoin’s surge. Since…
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 2 days ago CryptoSlate’s latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape institutional crypto trading.
Ethena’s synthetic USDe dollar has emerged as the fastest-growing USD-pegged stablecoin over the past 30 days after its market capitalization skyrocketed 73% to an all-time high of $4.77 billion. The surge has propelled USDe to become the third-largest stablecoin, surpassing DAI’s $4.7 billion market cap. However, USDe still lags behind Tether’s USDT at $135 billion…
Neon EVM announced a transformative Solana-native framework, unveiling a suite of features aimed at integrating Ethereum-based decentralized applications (dApps) with Solana’s ecosystem. The new architecture, detailed in a comprehensive whitepaper published on Dec. 3, enables direct interaction between Solana wallets and Ethereum applications while leveraging Solana’s high-performance infrastructure. The release introduces key capabilities such as…
Bitcoin’s (BTC) journey to a potential $100,000 price point will depend on the balance between short-term holder (STH) demand and long-term holder (LTH) profit-taking, according to the latest edition of the “Bitfinex Alpha” report. Despite a sharp 8.64% intra-week pullback over the past few days, Bitcoin’s price surged to a record monthly close of $96,506…
Coinbase chief policy officer Faryar Shirzad anticipates a rapid push for comprehensive crypto regulation once President-elect Donald Trump begins his new term, CNBC reported on Dec. 2. Shirzad expressed confidence that legislative efforts to regulate the crypto industry will progress “fairly quickly” through Congress under Trump’s leadership. His optimism stems from the combination of a…
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, December 2, 2024– Justin Sun, founder of TRON and Advisor to HTX, held a press conference in Hong Kong to celebrate his acquisition of Comedian, the iconic conceptual artwork by Maurizio Cattelan famously known…
Justin Sun’s TRON purchased $30 million worth of World Liberty Financial tokens earlier this week, and the investment enabled President-elect Donald Trump and his sons, Eric, Don Jr., and Barron, to get paid. World Liberty listed Trump as its “Chief Crypto Advocate,” and his sons as “Web3 Ambassadors.” Trump and his family have been promoting…
The following is a guest article from Matthew Niemerg, co-founder of Aleph Zero. The Fifth Circuit Court of Appeals handed down a landmark ruling yesterday that could fundamentally reshape how cryptocurrency protocols are regulated. In Van Loon v. Department of Treasury, the court found that the Treasury Department’s Office of Foreign Assets Control (OFAC) exceeded…
Ripple Lab’s new stablecoin Ripple USD (RLUSD) is set to receive approval from the New York Department of Financial Services (NYDFS) and may be ready for launch by Dec. 4, Fox Business reported citing people familiar with the matter. Once Ripple Labs receives the approval, it will be able to legally offer RLUSD—an overcollateralized dollar-pegged…
A coalition of Canadian media organizations has launched a lawsuit against OpenAI, claiming the company’s ChatGPT product infringed copyrights by utilizing their journalism without authorization, according to a Nov. 29 court filing. The plaintiffs include prominent outlets such as CBC/Radio-Canada, The Toronto Star, and The Globe and Mail. They are seeking damages and an injunction…
Solana-based memecoin launchpad Pump.Fun experienced a sharp 33% decline in revenue this week after disabling its live-streaming feature. According to DefiLlama data, the platform’s revenue fell from $5 million to $3.6 million in just one day, marking its most significant single-day drop since March. The decision came after a series of controversial incidents that triggered…
Russia’s Federation Council has approved sweeping amendments to the nation’s Tax Code, formalizing the taxation framework for digital currencies like Bitcoin (BTC). The legislation, adopted on Nov. 27, represents a critical step toward regulating the rapidly growing crypto sector while ensuring compliance with tax laws. Comprehensive tax laws The new law, titled “On Amendments to…
In an era where luxury brands are gradually embracing blockchain technology, JMJ Mach is taking a bold step forward by combining traditional watchmaking with NFTs and blockchain in a way that goes beyond simple authentication. The company is pioneering a new category of “phygital” timepieces that exist both as physical luxury watches and unique digital…
Available exclusively via Polymarket: A revolution in prediction markets Andjela Radmilac · 5 days ago CryptoSlate’s latest report dives deep into Polymarket’s evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.
Available exclusively via Polymarket: A revolution in prediction markets Andjela Radmilac · 4 days ago CryptoSlate’s latest report dives deep into Polymarket’s evolution, its pivotal role in high-stakes prediction events like US elections, and the implications of its controversies on its market position.
Pantera Capital reported an extraordinary milestone for its Bitcoin Fund, which has grown more than 1,000x since its launch in 2013, according to a report shared with CryptoSlate. The fund’s performance reflects Bitcoin’s (BTC) surging value, now exceeding $90,000 per coin, with a projected long-term trajectory suggesting continued upward momentum. The Pantera Bitcoin Fund launched…
US Bitcoin mining operations are facing significant delays after the Customs and Border Protection (CBP) agency held shipments of Bitmain Antminer devices at multiple ports of entry, Blockspace reported on Nov. 25. The detained equipment includes Bitmain’s S21 and T21 application-specific integrated circuits (ASICs), which are essential for Bitcoin mining. Several mining companies have reported…
Bitcoin’s perpetual futures funding rate represents the cost traders incur to maintain long or short positions in the perpetual swaps market, with fees shifting between buyers and sellers based on market conditions. Positive funding rates suggest that long positions dominate, reflecting bullish sentiment, while negative rates indicate bearish sentiment as short positions dominate. Changes in…
Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday. While the firm will start lending against Bitcoin with $2 billion, it is expected to increase to tens…
The following is a guest post from Leo Li, CVO and Chief Growth Officer at CARV. Off The Grid could be the mainstream moment we’ve been waiting for in web3 gaming – not because it flaunts blockchain features, but because it doesn’t. The major console release integrates NFTs and blockchain in the background, letting gameplay…
The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for the first 100 days of Trump’s administration. While the whole of crypto industry has been…
Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with national gambling laws, according to local media reports. The platform, known for enabling users to bet on real-world outcomes using crypto, implemented the block on Nov. 22. The move comes amid heightened scrutiny from France’s national…
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Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum’s current inflation rate is 0.35%. The increase has brought the total supply to 120.4 million ETH, leaving just under 95,000 ETH to match the levels…
Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets. According to SoSoValue data, this achievement represents 5.4% of Bitcoin’s total market value. Spot Bitcoin ETFs Data (Source: X/Balchunas) The 12 Bitcoin ETFs, launched by prominent issuers such as BlackRock and Fidelity, have reached this milestone in just 10…
A recent ruling by the Shanghai Songjiang People’s Court has clarified that owning cryptocurrencies is not illegal in China. The Nov. 18 judgment established that digital assets have “property attributes” under Chinese law. However, their use is strictly limited to personal ownership and as commodities, not as legal tender or investment tools. Judge Sun Jie…
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor’s infrastructure. According to the firm’s statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two sectors poised for exponential growth. DCG founder and CEO Barry Silbert will lead Yuma and…
MicroStrategy has increased its convertible debt offering to $2.6 billion, up from its original $1.75 billion target, according to a Nov. 20 statement. The firm stated that the proceeds from this offering will fund additional Bitcoin acquisitions and other corporate needs. Offering details The convertible notes will be sold privately to institutional buyers under Rule…
The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves, essentially showing the market’s buying power and selling pressure. A low ESR indicates that stablecoin reserves…
Polymarket, the leading platform for prediction markets, exhibited groundbreaking activity across its markets over recent months. With the US presidential election, major sporting events, and significant crypto milestones as central topics, the data illustrates significant user drop-off after the election. However, volume and activity mostly remain in an upward trend even without the landmark market.…
Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals traders, according to a Nov. 18 announcement. BFUSD provides an annual percentage yield (APY) of approximately 19.55%, allowing users to earn daily rewards by holding BFUSD in their Binance futures accounts without the need to stake or lock funds. According to BFUSD’s page, users…
Bitcoin miner Marathon Digital plans to privately issue $700 million in convertible senior notes due in 2030, according to a Nov. 18 statement. The offering, subject to market conditions, includes an additional $105 million purchase option for initial buyers within 13 days of issuance. The firm noted that this fundraising is geared towards restructuring its…
Republican President-elect Donald Trump promised to ease up crypto enforcement during his campaign. And that’s what’s going to happen as Trump resets policy at the Justice Department and regulatory agencies, current and former government lawyers said at a conference in New York on Friday. Crypto fraud cases won’t get a free pass, but they would…
The actions of the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith mistakes,” former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss wrote in a post on X on Saturday. He added: “It [Gensler’s actions] was entirely thought out, intentional, and purposeful to fulfill his personal,…
Since Nov. 12, the Bitcoin market has entered a phase of significant profit-taking, with daily realized profits averaging around $5 billion — marking the highest profit levels in over a month, according to CryptoQuant data. On Nov. 12, Bitcoin investors recorded $5.1 billion in profits as the asset traded near $88,000. By Nov. 13, profits…
Memecoins’ have posted average returns of 103% over the past 30 days — over 6x higher than the crypto market’s 16.1% average return, according to data from Artemis. Dogecoin (DOGE) and Pepe (PEPE) registered the more significant gains among the 19 memecoins tracked by Artemis during the period, growing 196.1% and 115%, respectively. PEPE’s “beta…
Bitcoin miner Greenidge Generation will continue operating in New York after prevailing in a legal case against the State’s Department of Environmental Conservation (DEC), according to a Nov. 14 statement. Judge Vincent Dinolfo of the New York Supreme Court determined that the DEC’s actions in denying Greenidge’s Title V Air Permit application were legally flawed…
The difference between Bitcoin’s realized cap and market cap is an underrated indicator of the phases of Bitcoin’s price cycles. The realized cap shows Bitcoin’s value based on the last price each coin moved, showing the actual capital invested into the asset. When the market cap, which reflects the value of all existing coins based…
Satoshi Nakamoto’s Bitcoin holdings have surpassed $100 billion, placing the anonymous creator among the world’s top 20 wealthiest individuals if they are still alive and a single person. According to data from Timechainindex, the Patoshi wallets, associated with early Bitcoin mining from 2009 to 2010, are likely to be Satoshi and contain over 1.12 million…
Robinhood expanded its crypto offerings for US investors, adding Solana (SOL), Cardano (ADA), XRP, and Pepe (PEPE) to its lineup. This brings Robinhood’s total crypto offerings to 19 assets. PEPE surged 65% following the news to hit a high of $0.00002244 after soaring 65% following the brokerage firm’s announcement. PEPE’s movement is the most recent…
Bitcoin’s correlation with gold prices has fallen to its lowest level in nearly a year following Donald Trump’s recent election victory on Nov. 5. According to K33 Research, the 30-day correlation between Bitcoin and gold stands at -0.36, its lowest level since December 2023. In correlation terms, a value of 1 signifies a perfect positive…
BitMEX founder and former CEO Arthur Hayes believes Bitcoin will continue to outperform traditional assets as the US adopts an economic model that mirrors China’s state-led capitalism under President Donald Trump’s administration. Hayes said in a recent blog post that inflation and a weakening dollar will drive Bitcoin’s value higher in the coming years as…
peaq has listed its native utility token, PEAQ, on 12 crypto exchanges, including crypto.com, BitGet, and KuCoin. The listing enables users to engage with a decentralized infrastructure network (DePIN) that connects over two million devices worldwide. As of press time PEAQ is trading around $0.35, up 600% from its listing price of $0.05. The CoinList…
Russian President Vladimir Putin has proposed establishing a digital asset platform within the BRICS bloc, according to local media reports. The initiative aims to boost investment flows into emerging economies in South Asia, Africa, and Latin America and could provide new channels for capital in high-growth regions. Speaking at the Valdai Discussion Club, Putin proposed…
Bankrupt crypto exchange FTX has filed a lawsuit against Binance and its former CEO, Changpeng Zhao, seeking to reclaim approximately $1.8 billion. According to a Nov. 10 court filing, FTX alleges a complex series of actions that contributed to its financial downfall, placing Binance’s early involvement and Zhao’s actions in the spotlight. So, through this…
Bitcoin (BTC) price hit a new record on Nov. 10 by briefly crossing the $80,000 mark, data from CryptoSlate shows. Bitcoin’s all-time high price comes at the heels of Donald Trump winning the U.S. elections, which instilled hope of pro-crypto regulations. The largest cryptocurrency climbed 4.83% over the past 24 hours, peaking at $80,071.17 earlier…
Stablecoins like USDT and USDC are shining stars of digital finance. Their stability is due to their 1:1 peg to the US dollar. As a result, their use for everyday transactions and overall acceptance are increasing quickly worldwide. In Singapore, for example, the stablecoin payment value reached $1 billion in the second quarter of the…
Former president Donald Trump is set to return to the White House in January after winning the election on Tuesday. During the campaign, Trump made several promises to the crypto community, one of which was to fire the U.S. Securities and Exchange Commission (SEC) chairperson Gary Gensler on the first day of his presidency. Around…
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, November 9, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October 30 to 31, 2024, in Dubai. This event brought together leaders from across the industry…
The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority of Singapore (MAS) launched Project Guardian in 2022 to unite financial heavyweights and policymakers worldwide. The initiative aims to open new liquidity pathways and set standards for tokenized assets. The…
BlackRock’s IBIT recorded a historic inflow of $1.12 billion on Nov. 7, surpassing previous combined totals for all spot Bitcoin exchange-traded funds. This significant capital movement marks the largest single-day inflow in the history of spot Bitcoin ETFs. Bitcoin ETF inflows (Source: Coinglass) Other major asset managers also reported notable inflows. Fidelity’s FBTC received $190.9…
Following a meeting on Nov. 7, the Fed’s Federal Open Market Committee (FOMC) cut the US interest rate by another 25 basis points (bps), lowering it to 4.5% from 4.75%. The crypto and equities markets remained unfazed, as investors likely already priced the cut. According to CryptoSlate data, Bitcoin (BTC) has been up 1% over…
Bitcoin (BTC) soared to a new all-time high on Nov. 6 and is poised for further upside, spurred by significant institutional and retail capital inflows and rising market volatility, according to Glassnode’s latest “Week On-chain” report. The landmark surge comes amid monthly net capital inflows totaling $2.5 billion, lifting Bitcoin’s market Realized Cap — a…
JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months. According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions. Once regulatory approvals are obtained, JPMorgan plans to add sterling transactions to…
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As the US presidential election approaches its conclusion, altcoins have become a focal point for traders, who anticipate a significant market impact based on the outcome, according to a Bloomberg News report. The report noted that while Bitcoin (BTC) holds steady at around $70,000 — roughly 5% below its all-time high — altcoins like Dogecoin…
Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid political uncertainty. Tom Lee, managing partner and head of research at Fundstrat, recently shared his…
Bitcoin investors appear to be adopting a cautious stance as the Nov. 5 US elections approach. Following weeks of heightened interest in leveraged trading, recent data from Coinalyze shows that the leading crypto has experienced a notable decline in open interest, shedding around $2 billion over the past few days. This was corroborated by data from Coinglass,…
World Liberty Financial, a decentralized finance (DeFi) crypto project being promoted by former president Donald Trump and his sons, will only sell up to $30 million of its tokens in the U.S., Bloomberg reported on Saturday. According to a notice filed by World Liberty with the U.S. regulators earlier this week, the firm “currently only…
Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an X post, Grewal wrote: “In short, the contents are a shameful example of a government…
Asset management company 21Shares has joined the list of firms that have filed applications with the US Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). On Nov. 1, 21Shares submitted an S-1 form to register its Core XRP Trust shares for listing on the Cboe BZX Exchange. Coinbase, the largest crypto exchange…
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. After weeks of a neck-to-neck presidential campaign between the Democratic and Republican nominees, Donald Trump’s odds of being elected to President of the US are on the rise. According to betting market Polymarket, Trump leads Democrat candidate Kamala Harris by a whopping…
The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to artificially inflate trading volumes for client crypto companies, including several based in the US. He…
Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in person and potential cross-examination. BitMex Research provided a live transcript of the court proceedings, during…
The SEC has issued a Wells notice to blockchain gaming platform Immutable in what has become a widespread crackdown on crypto companies ahead of the US election. Immutable said in an Oct. 31 blog post that the move is the latest instance of the SEC’s “regulation-by-enforcement” policy targeting the crypto industry. It added that the…
Asia has surpassed North America as the leading hub for crypto developers, according to a report from Electric Capital. Maria Shen, partner at Electric Capital, pointed out that Asia has steadily increased its share of global crypto developers, climbing from 13% to 32% since 2015. In contrast, North America’s share dropped from 44% to 25%…
Crypto.com’s monthly spot trading volume jumped to $139 billion in October, more than doubling the $57 billion recorded by Coinbase, the Block reported on Oct. 30. A look at trading activity on the platform shows that 97% of the exchange users are focused on Bitcoin and Ethereum, the top two digital assets by market capitalization.…
Celestia’s native token, TIA, is set for a major move today as it undergoes a significant token unlock event that would add approximately 175 million tokens to its circulation—nearly doubling the existing supply. According to Tokenomist, this substantial increase represents 80% of the current circulating tokens, equating to around $900 million based on the asset’s…
In an open letter to Vice President Kamala Harris and former President Donald Trump, Paxos CEO and co-founder Charles Cascarilla warned that America’s financial leadership hinges on whether the next presidential administration embraces digital assets and reforms outdated financial regulations. Cascarilla urged both political figures to recognize the potential for blockchain and stablecoins to modernize…
Coinbase CEO Brian Armstrong has called on the next Chair of the US Securities and Exchange Commission (SEC) to dismiss the agency’s “frivolous” cases against crypto firms and publicly apologize to the American people. In an Oct. 29 post on X, Armstrong highlighted inconsistencies in the SEC’s approach to the crypto sector, which he argues…
The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. The HKMA and BCB are exploring cross-border settlement models, focusing on payment-versus-payment (PvP) and delivery-versus-payment (DvP)…
FTX has reached a $228 million settlement with crypto exchange Bybit and its affiliates, concluding a lawsuit filed in Nov. 2023 that sought to recover approximately $1 billion in assets. The agreement allows FTX to withdraw $175 million in digital assets held on Bybit’s platform and sell about $53 million in BIT tokens to Mirana…
Coinbase developer Lincoln Murr announced the launch of a new tool called ‘Based Agent’ in an X post on Oct. 26. According to Murr, the tool will allow users to build an artificial intelligence (AI) agent using their crypto wallet in less than three minutes. Once created, the agent can be deployed to handle on-chain…
Amid growing fears that Britcoin, the UK’s central bank digital currency (CBDC), is going to supplant cash, Bank of England (BOE) governor Andrew Bailey said that the central bank will continue to supply cash “for as long as people want.” Bailey was speaking at the Group of Thirty’s 39th Annual International Banking Seminar. According to…
One of the problems of Ethereum, or any blockchain, is that it grows in size over time. This means an increase in the complexity of its code and its storage requirements. A blockchain must retain all the data throughout its history which needs to be stored by all clients and downloaded by new clients. This…