Michael Barr, the Federal Reserve’s Vice Chair for Supervision, will resign on February 28 or earlier if a successor is confirmed. Barr cited concerns about potential disputes with the incoming Trump administration as a reason for stepping down, though he will remain a Fed governor. Known for his influence on banking and crypto regulation, Barr …
Tether is conducting a $1 billion USDT chain swap to the Tron blockchain in collaboration with a major exchange. The move aims to optimize liquidity across blockchains without altering the stablecoin’s total supply. USDT, dominating the stablecoin market with a $137 billion market cap and $107 billion daily trading volume, is widely used for payments …
In a recent development, Robert Kiyosaki, the ‘Rich Dad Poor Dad’ author shared in an X post that he will buy more Bitcoin after the cryptocurrency reclaimed its $100,000 level. Earlier this month, he predicted that the cryptocurrency could surge all the way to $350,000 this year. Notably, the sudden recovery comes after spot Bitcoin …
Bitcoin surged to nearly $102,000 on Monday, reaching its six-digit price for the first time since December 19 and starting 2025 on a strong note after the holiday slowdown. Two key market movers driving the recent Bitcoin gains are the return of institutional capital inflow and a dwindling exchange supply of BTC. On Friday, Bitcoin …
Canadian Prime Minister Justin Trudeau’s decision to step down on Monday may open the door for a government more open to crypto, which has struggled to flourish under Trudeau’s anti-crypto/pro-CBDC position. Trudeau announced he will step down from his 11-year role as leader of the Liberal Party and Prime Minister, a position he has held …
Metaplanet, Asia’s largest corporate Bitcoin holder, plans to expand its Bitcoin holdings from 1,762 BTC to 10,000 BTC by 2025, leveraging loans, equity, and convertible bonds. CEO Simon Gerovich revealed the strategy on Jan. 5, aligning with bullish predictions of Bitcoin reaching $200,000 under a potentially crypto-friendly U.S. administration. Inspired by MicroStrategy’s playbook, the firm …
Bitcoin miner MARA has loaned 7,377 BTC—16% of its 44,893 BTC reserves—to generate modest single-digit yields. These short-term loans aim to offset operating expenses, earning the firm $3.9 million in interest income during Q3 2024. MARA mined 9,457 BTC and acquired 22,065 BTC in 2024 at an average price of $87,205, growing its reserves to …
Ripple USD (RLUSD), Ripple’s stablecoin, has surged 2,000% in trading volume, reaching $611 million despite a modest $53 million market cap. This rapid growth makes RLUSD the fourth most-traded stablecoin. However, over 96% of the volume originates from Bullish, a platform backed by Peter Thiel, raising concerns about low liquidity and potential manipulation. Validators on …
Elon Musk has once again worked his magic on cryptocurrency markets, but this time making the lesser-known CumRocket (CUMMIES) coin to surge 429%. The price surged drastically after Musk posted a meme on X showing Pepe the Frog talking to the IRS about taxes. The meme referenced the IRS’s delay on tax reporting for crypto …
In a recent tweet post, OKX Ventures announced that it has invested in Haedal, a new protocol for liquid staking on the Sui blockchain. Haedal lets users stake their SUI tokens and earn rewards while using liquid staking tokens (LSTs) in decentralized finance (DeFi). Haedal plans to offer easy access for both regular users and …
Apple CEO Tim Cook has made headlines with a surprising move—donating $1 million to President-elect Donald Trump’s inauguration committee. As an Alabama native, Cook views the presidential inauguration as a key U.S. tradition and sees his contribution as a symbol of unity. This generous donation places him alongside other Big Tech executives backing the event. …
In a latest develoment, Fartcoin, the Solana-based meme coin originated from AI bot Truth Terminal, reached a new record-high on Friday, pushing its market cap to $1.5 billion in less than two months of launch. The token’s price increased 9% to $1.5 in the past 24 hours, registering weekly gains of 44%. FARTCOIN has surged …
In a recent devloment, Ethena, a synthetic stablecoin protocol, is planning a major expansion to become a neobank by integrating its USDe stablecoin with innovative financial products and a native payment solution on Telegram. In 2025, Ethena plans to launch a new dollar savings product and iUSDe, a token for institutional use, aiming to merge …
In a detailed X post, Pro XRP lawyer John Deaton has urged users to exercise caution and vigilance in safeguarding their digital assets. He noted that some scamming operations are quite sophisticated and emphasized the importance of enabling two-factor authentication and verifying the authenticity of emails and links before clicking. He shared a personal story …
BitFuFu, a Singapore-based Bitcoin cloud mining firm, announced a game-changing two-year agreement with mining giant Bitmain. The deal involves acquiring up to 80,000 of Bitmain’s latest high-performance S21 XP and S21 Pro miners. This move aims to enhance BitFuFu’s global mining operations and cloud services, focusing on energy efficiency and cost-effectiveness. Leo Lu, CEO of …
January 3 marks the 16th anniversary of Bitcoin’s Genesis Block, the cornerstone of the cryptocurrency revolution. Created by Satoshi Nakamoto on January 3, 2009, the Genesis Block rewarded the first 50 Bitcoins and contained the iconic message: “The Times 03/Jan/2009 Chancellor on the brink of second bailout for banks.” Interestingly, the second block wasn’t mined …
The Frax community has approved a proposal to use BlackRock’s Institutional Digital Liquidity Fund (BUIDL) as collateral for its upcoming frxUSD stablecoin. Known as FIP-418, the proposal received unanimous approval during a six-day voting period. BlackRock’s BUIDL fund, which oversees over $648 million in assets, offers yield-generating opportunities for frxUSD holders. This collaboration is a …
The odds of a Solana ETF listing in the United States this year are even higher than a Polymarket’ forecast, according to Matthew Sigel, VanEck’s head of research. While prediction platform Polymarket said the odds of a US Solana ETF listing in 2025 are around 77%, Sigel described Polymarket’s forecast as “underpriced” in an X …
In the latest development, Telegram has rolled out its first update of the year, adding a new account verification method powered by third parties, new message search filters, and the ability to turn gifts into NFTs. It has now launched a project to let verified third-party authorities, such as food-quality regulators or educational consortiums, verify …
Garanti BBVA, part of Spain’s Banco Bilbao Vizcaya Argentaria (BBVA), will soon offer crypto trading services to the public through its platform, Garanti BBVA Kripto. This move follows the full implementation of the Markets in Crypto-Assets (MiCA) regulation in the EU. The platform will use Bit2Me, a Spanish crypto exchange, for trading execution. As MiCA …
Uniswap, the leading decentralized exchange (DEX), has teased the highly anticipated Uniswap v4, set for launch in 2025. Despite delays, the upgrade promises groundbreaking features, including Hooks for custom code execution, dynamic fees, gas savings, and native Ethereum (ETH) support. Uniswap v4 will also introduce multiple pool types, offering more flexibility for users. With a …
Pump.fun, the Solana-based meme token launchpad, moved 120,000 SOL (around $22.88 million) to Kraken, marking its first transfer of 2025. This comes after a series of large transfers, including 292,437 SOL transferred to Kraken just 23 days later, bringing the total to 1,500,893 SOL. While the reason for these transfers remains unclear, concerns of a …
Elon Musk’s latest Twitter activity led to a dramatic impact on the KEKIUS token market. After Musk changed Kekius Maximus’ Twitter profile picture, the KEKIUS token saw a sharp decline, dropping over 60% within an hour. A KEKIUS whale, identified as 0x82…31cc, took swift action, selling a significant amount of tokens during the price plunge. …
Bithumb, South Korea’s second-largest crypto exchange, has announced the listing of PEAQ and VANA trading pairs with the Korean Won. The pairs will go live at 4 PM on January 2, 2025. PEAQ, a Layer-1 blockchain, is designed for Decentralized Physical Infrastructure Networks (DePINs), while VANA Network is a decentralized data platform. VANA, the network’s …
As a worrying violation, the official communication X of Superchain Ecosystem Twitter page (@SuperchainEco) was hacked and used to ‘post’ phishing links, Scam Sniffer, a Web3 anti-scam firm has reported. The hackers then used the account to share with other users links containing information intended to mislead the users into releasing information which was accompanied by …
Janover Inc., an AI-based platform formed for the commercial real estate sector, now accepts Bitcoin, Ethereum, and Solana payments for select services. The company’s decision aligns with the increasing support for digital assets in domestic policy and broader financial markets. The CEO pointed out how companies like MicroStrategy have benefited from Bitcoin’s appreciation and suggests …
Bitcoin traded near the $91,000 level on Monday, Dec. 30, down by 15% from its highest level this year. This decline persisted despite MicroStrategy announced acquiring 2,138 more Bitcoins last week, marking the eighth consecutive week of purchases, bringing its total holdings to 446,400. Tether also added 7,630 Bitcoins, increasing its total holdings to over …
Crypto payment platform MoonPay has obtained a MiCA license from the Dutch Authority for the Financial Markets, enabling it to offer fiat-to-crypto and crypto-to-fiat services across Europe. The MiCA regulation, effective today, establishes a unified framework for digital assets in the European Economic Area, focusing on consumer protection and market stability. MoonPay, operating in over …
Malaysia’s Securities Commission (SC) has directed Bybit Technology Ltd, formerly Bybit Fintech Ltd, to cease operations in the country for violating securities laws. Bybit and its CEO, Ben Zhou, were reprimanded for running an unregistered exchange. The SC instructed Bybit to disable its website, halt promotional activities, and terminate its Telegram support group for Malaysian …
Hyper Foundation has officially launched the HYPE token staking function on the mainnet. Users can now stake their HYPE tokens to trusted validation nodes and earn staking rewards. As with other proof-of-stake networks, new blocks on Hyperliquid will be proposed by validators based on the amount of HYPE staked to them. To further decentralize the …