Binance will remove and cease trading for the spot pairs EDU/BTC, REZ/BTC, and USTC/FDUSD on February 14, 2025, at 03:00 (UTC) following its routine market review. This decision aims to maintain a high-quality trading environment, considering factors like low liquidity and trading volume. While these pairs will be delisted, users can still trade the individual …
Goldman Sachs has significantly boosted its exposure to crypto with a 2,000% increase in its Ethereum ETF holdings, now valued at $476 million, and a 114% jump in Bitcoin ETFs, reaching $1.5 billion. The investment bank’s massive buys include shares in BlackRock’s iShares Ethereum Trust and Fidelity’s Bitcoin Fund. This move comes after strong market …
Oklahoma is making strides in adopting Bitcoin, with the passage of the HB 1203 “Strategic Bitcoin Reserve” bill. The bill, which allows the state’s savings accounts and pension funds to invest in Bitcoin, passed the committee stage with a 6-2 vote and is now heading to a floor vote. Introduced by Representative Cody Maynard, the …
Solana’s AI Hackathon sparked a wave of innovation, but not all projects are thriving. Among 82 tokenized projects, only 27 have a market cap of over $1 million, according to Nansen. While some AI tokens soared in value, many have seen significant declines—some down over 80% from their peak. The top performers, like The Hive, …
According to Fox Business reporter Eleanor Terrett, U.S. President Donald Trump has chosen Brian Quintenz as the new chairman of the Commodity Futures Trading Commission (CFTC). Quintenz, who previously served as a CFTC commissioner, is currently the head of policy at a16z’s crypto division. While the White House has not yet made an official announcement, …
ZkLend Next generation lending protocol has confirmed a security breach, with an attacker stealing 3,300 ETH. In response, the platform has offered the hacker a deal—keep 10% as a white hat bounty and return the remaining funds to a designated Ethereum address. If the hacker complies, ZkLend has pledged to waive any legal action. The …
In a latest development, Franklin Templeton, a global asset management company and spot Bitcoin exchange-traded fund (ETF) issuer, has filed corporate registration documents for the “Franklin Solana Trust” in Delaware, USA. This indicates that it joins competitors like Canary Fund and Grayscale in pursuing a Solana ETF. This signals that a spot ETF filing may …
Tether has invested in Zengo Wallet, a self-custodial cryptocurrency wallet, focused on multiparty computation (MPC) technology, as its USDt stablecoin faces regulatory challenges in the European Union. This investment will allow Zengo wallet to support Tether’s stablecoins across major blockchains, including Bitcoin, Ethereum, and Toncoin. The Zengo wallet offers features like built-in payment tools, cross-chain …
In a latest development, Helius Labs CEO Mert Mumtaz believes Solana will rise 150% over the next five years, dismissing short-term price fluctuations as irrelevant. Mert is confident that Solana will become a trillion-dollar asset and exceed $500 in value, predicting it will reach $500 within five years. He believes Solana is unique in the …
Four.Meme, a meme coin launchpad on Binance Smart Chain, suspended token trading following a malicious attack. Despite the breach, the platform assured users that internal funds were secure and on-chain trading remained unaffected. The attack resulted in estimated losses of $183,000. Four.Meme responded quickly, halting decentralized exchange trading and working on a fix. The platform …
Wall Street banks are embracing the crypto sector, spurred by President Trump’s crypto-friendly policies. Under his administration, institutions like Morgan Stanley, Bank of America, and RBC are revisiting crypto opportunities, anticipating a surge in IPOs from firms like Gemini and Kraken. Trump’s executive order and the SEC’s crypto task force have created a favorable regulatory …
Hong Kong has officially confirmed that Bitcoin (BTC) and Ether (ETH) can be used as proof of assets for its New Capital Investment Entrant Scheme visa. This visa is aimed at wealthy migrants looking to invest in Hong Kong, with a requirement to show net assets worth at least HK$30 million ($3.8 million). While the …
CryptoQuant has recently highlighted a warning sign for Bitcoin’s market. The Hash Ribbons indicator, which monitors the health of Bitcoin mining by tracking changes in hash rates, is flashing again. This tool has been a reliable signal in the past, showing when it’s a good time to buy Bitcoin, both for short-term and long-term investments. …
WazirX, India’s biggest crypto exchange, has announced an important Townhall meeting for all creditors. Scheduled for February 12th, 2025, at 5:30 PM IST, this session will explain everything creditors need to know about the scheme process. It will cover how to review claims, how to raise disputes, how to check records, and the steps for …
In a recent crypto news, Thailand’s former PM, Thaksin Shinawatra, has proposed transforming Phuket into a Bitcoin sandbox, letting foreign tourists spend BTC on real estate and tourism freely. This comes as the Thailand International Digital Business & Finance Center appoints Movement Labs’ Rushi Manche and Dao5’s Tekin Salimi as blockchain advisors. With crypto payment …
In a recent CNBC appearance, Anthony Scaramucci of Skybridge Capital predicted that 2025 will be a “great year” for Bitcoin. He also mentioned that Bitcoin was expected to reach its current level back in 2022. Scaramucci pointed out that a spot Bitcoin ETF was expected to be approved in early 2022, but delays by SEC …
Pump.fun co-founder Alon Cohen has dismissed rumors about an upcoming Pump.fun token, calling reports of a Dutch auction launch with centralized exchanges false. Cohen emphasized that the team remains focused on product improvements and properly rewarding users, urging the community to ignore unauthorized claims. This contradicts crypto analyst Wu Blockchain’s report claiming documents confirm token …
According to Lookonchain, Central African Republic President Archange Touadéra issued a memecoin, leading to an astonishing profit for one trader. The trader spent 25 SOL (around $5,000) to purchase 46.57 million CAR tokens within a second of its launch. In less than three hours, the investment skyrocketed to $12 million, yielding a staggering 2,450x return. …
U.S. President Donald Trump announced new 25% tariffs on all steel and aluminum imports, escalating his trade policy. These duties will apply on top of existing tariffs, with reciprocal tariffs set to match other countries’ rates. The move raises uncertainty for prior exemptions with Canada, Mexico, and others. Trump criticized insufficient border security efforts from …
Peter Schiff criticized a Bitcoin Super Bowl ad, accusing it of false advertising for claiming Bitcoin is backed by energy. He argued Bitcoin neither stores nor can be redeemed for energy, urging FTC intervention. In response, Dan Victor, CFA, highlighted that Bitcoin relies on decentralized computing power, which requires energy. Schiff dismissed this as semantics, …
Bitcoin faces potential liquidations exceeding $1.3 billion if it drops below the critical $93,000 support level, driven by escalating U.S.-China trade war concerns. Currently trading at $95,960, Bitcoin slipped below $100,000 after new import tariffs rattled market sentiment. Analysts, including Bitget’s Ryan Lee, warn that falling under $90,500 could trigger bearish trends. While short-term risks …
XRP’s trading volume on Coinbase skyrocketed by 9,640% in just 24 hours, reaching $438 million, according to CoinGlass. This surge comes amid heightened market volatility as traders capitalize on price movements. Plus, Fox Business Journalist Eleanor Terrett revealed that XRP depository receipts (DRs) may soon be available, offering investors exposure to XRP without directly buying …
In a recent move, Coinbase Global Inc. has announced plans to list three Solana-based tokens: Popcat (POPCAT), Pudgy Penguins (PENGU), and Morpho (MORPHO). The exchange revealed on Friday that these altcoins have been added to the listing roadmap, but trading and transfers are not yet available to customers. The roadmap inclusion indicates that the token …
In a recent move, Franklin Templeton has updated its S-1 filing for the Franklin Crypto Index ETF, aiming to gain approval to gradually add tokens to the fund. The updated filing reveals that the Franklin Crypto Index ETF will initially focus on Bitcoin (86.31%) and Ethereum (13.69%). While it doesn’t commit to adding other cryptocurrencies, …
Grayscale’s recent Bitcoin transfer of 696.821 BTC, valued at $69.48 million, to Coinbase Prime has stirred tension in the crypto community. Arkham’s monitoring revealed the movement from Grayscale’s Coinbase Prime Deposit address to its hot wallet. Unlike previous transfers during Bitcoin’s price rallies, this shift comes amid a downmarket, raising questions about Grayscale’s strategy. The …
Donald Trump plans to announce reciprocal tariffs as early as Today, according to sources familiar with the matter. These tariffs will match the rates that U.S. trading partners impose on American exports, fulfilling one of Trump’s key campaign promises. The announcement triggered immediate market reactions, with the U.S. dollar gaining strength while major U.S. stock …
Polymarket predicts just a 35% chance of a Solana spot ETF approval by July 31, reflecting shifting SEC dynamics. Despite this, the SEC’s acknowledgment of Grayscale’s amended Solana ETF application marks a notable first, signaling a slight change in approach. Bloomberg analysts James Seyffart and Eric Balchunas view it as a small but significant step …
ConsenSys, the Ethereum developer behind MetaMask, has successfully navigated two attempts by U.S. authorities to exclude it from the financial system. CEO Joe Lubin revealed the company survived Operation Chokepoint 2.0 by keeping backup accounts. Despite intense pressure from regulators, Lubin’s unnamed bank resisted closing ConsenSys’ account, which was crucial for the $7 billion company. …
The Czech Republic has made a significant move by signing a new bill that exempts Bitcoin from capital gains tax if held for at least three years. Signed by President Petr Pavel on February 6, the bill was approved unanimously by the parliament in December 2024. This new law reduces tax burdens on crypto investors, …
The Near Foundation has launched a $20 million fund to support the development of AI agents on its blockchain. This fund aims to promote AI-driven applications in areas like gaming, market-making, and decentralized oracles. The goal is to make AI agents a key part of business and commerce. The foundation is focusing on projects that …