Plasma, a startup focused on developing a blockchain tailored for stablecoin transactions, has raised $20 million in a Series A funding round led by Framework Ventures, following an earlier $4 million seed round. The investment, which includes participation from notable figures such as Peter Thiel and Tether CEO Paolo Ardoino, aims to enhance Plasma’s capabilities […]
SEC acknowledges Grayscale’s application for DOGE ETF
Key Takeaways: Michigan joins 19 other states in proposing legislation for a strategic cryptocurrency reserve. Under the proposed bill, the state treasurer is authorized to trade and/or loan up to 10% of some state funds for cryptocurrencies. A Michigan representative floated the idea of “MichCoin,” a stablecoin backed by Michigan’s gold and silver reserves. Michigan […]
Ripple’s new partnership with Portugal’s Unicâmbio is sparking XRP adoption, enabling instant international payments and boosting its utility. This move strengthens Ripple’s foothold in Europe, fueling optimism for XRP’s growth. Meanwhile, PlutoChain ($PLUTO), the first hybrid Layer-2 solution for Bitcoin could gain more whale attention. By bringing Ethereum-like functionality to Bitcoin, it could redefine blockchain […]
[PRESS RELEASE] 0xLoky, an advanced AI-powered analytics platform developed by DappLooker, enhances on-chain data analysis in DeFi through autonomous trading and AI-driven insights. Loky transforms raw blockchain data into actionable intelligence for traders, investors, and developers by combining AI and blockchain technology, making on-chain data analysis effective and easy to accomplish. They launched what is […]
Cryptocurrency exchange Bitget has received regulatory approval to operate as a Virtual Asset Service Provider (VASP) in Bulgaria. The license permits the company to offer trading, custody, and other digital asset services as it prepares for broader EU compliance under the Markets in Crypto-Assets (MiCA) regulations. As recently as December, the company stated that it […]
Surging cryptocurrency prices drove a dramatic improvement in Coinbase's COIN results, with total revenue up 138% from last year to $2.3 billion.
The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments’ 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency’s confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is […]
While AI can enhance financial forecasting and decision-making, its ability to prevent the next financial crisis remains uncertain due to complexities like unpredictable events.
Analyst and trader Kevin Svenson is leaning bullish on Bitcoin (BTC) as the crypto king hovers below a price of $100,000. In a new video, Svenson tells his 82,300 YouTube subscribers that the Relative Strength Index (RSI) indicator, which is used to determine oversold or overbought market conditions, is signaling a move to the upside […]
TL;DR The Ethereum Foundation has deployed $120 million in Ether to DeFi apps, allocating 45,000 ETH to protocols such as Aave, Spark, and Compound. Aave received the largest allocation with 30,800 ETH, representing the Foundation’s biggest investment in DeFi. The community celebrates the move, considering it a positive step to reduce ETH sales and foster […]
TL;DR The positive sentiment surrounding Sui Network has reached its highest level since September, with a 5:1 ratio in favor of positive comments. SUI has risen by more than 9.1% in the last 24 hours, reaching $3.45 and surpassing $10.6 billion in market capitalization. Despite the recent recovery, analysts warn that rapid growth could lead […]
Financial experts Michael Howell and Raoul Pal discussed how most nations prefer a weaker US dollar despite Treasury Secretary Bessent’s support for dollar strength. The US dollar’s role in global liquidity is crucial for debt refinancing, with Howell noting that China specifically needs a 30% increase in their liquidity base. Rising global liquidity and monetary […]
President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, and the video shared via his X account is […]
XRP sees more network growth, while Bitcoin languishes
Bitget is a popular cryptocurrency exchange that allows users to buy, hold, sell, and trade cryptocurrencies with low fees. The platform offers various features that allow beginners and advanced traders to have a smooth trading experience and explore the web3 ecosystem. These features include a spot, futures, and margin trading interface, trading bots, Bitget launchpad, […]
Cardano’s native token is still positioned in a downward range, but has seen a slight increase this week with a 5% increase. This could turn to a major trend shift if the bulls take advantage of the move. Last week’s rejection at the $0.5 low marked an end to ADA’s broad retracement phase after experiencing […]
Around 21,300 Bitcoin options contracts will expire on Friday, Feb. 14, and they have a notional value of roughly $2 billion. This week’s expiry event is a little smaller than last week’s, which had very little impact on spot markets, which have lacked luster despite the steady stream of bullish news emerging from the United […]
A federal judge yesterday (Thursday) ordered a hold on the Securities and Exchange Commission’s (SEC) lawsuit against crypto exchange giant Binance for 60 days. The order followed a joint request by both parties. Relying on the Crypto Task Force In their joint motion earlier this week, the two parties highlighted that the newly formed task […]
Bitcoin (BTC) has faced heightened volatility in recent weeks, initially driven by Donald Trump’s proposed trade tariffs and later exacerbated by the latest Consumer Price Index (CPI) data. The inflation report sent BTC plummeting to as low as $94,000 before it managed to recover some losses. However, according to crypto analyst Ali Martinez, Bitcoin must […]
HodlX Guest Post Submit Your Post Have you wondered how the new law for cryptos will be in the future? Warren Buffett has stated that you simply take your dip when the tide rolls out. The MiCA regulation is the effort to order the chaotic crypto cosmos. The EU handed down this rule to clearly […]
Thousands of people …
Bitcoin remains stuck below $100,000, but Derive’s Dr. Sean Dawson says its chances of hitting $125,000 by late June have inched up to 44%.
The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer’s Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for realizing the promises of the Bitcoin Renaissance or “Season […]
Key Takeaways: BNB’s price skyrocketed due to the MyShell IDO, anticipated Binance treasury reallocations, and overall market optimism. BARR pattern that triggered the Bump-and-Run Reversal indicates the likely continuation of the uptrend with the target at the $970 price level. The impact of Changpeng Zhao, coupled with the growth of the BNB Chain network and […]
TL;DR OpenSea launches the beta version of its OS2 platform, an update that will enable transactions on 14 blockchains, including Ethereum L2 solutions. The company has announced a $SEA token airdrop, which will be distributed based on users’ historical activity, and will be accessible to U.S. residents. OpenSea’s strategy aims to regain market share after […]
TL;DR Tether has responded to JPMorgan analysts, who suggested the company might have to sell Bitcoin to comply with new US stablecoin regulations. JPMorgan analysts based their comments on the GENIUS Act and STABLE Act bills, which propose strict reserve requirements for stablecoin issuers. Tether defended its position, highlighting its financial strength and willingness to […]
Taurus has launched Taurus-Capital, an enterprise-grade custody and tokenisation platform on Solana. The integration with Solana was driven by rising demand for the tokenisation of RWAs. Taurus previously raised US$65 million in a Series B round led by Credit Suisse, with Deutsche Bank and others participating. Taurus, a Deutsche Bank-backed digital asset infrastructure, has launched […]
The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US Sanctions Relief on Russia Amid Ukraine Negotiations The United States may ease sanctions on Russia if diplomatic efforts over Ukraine make substantial progress, according to […]
Some assets on market see substantial recovery potential
Bitcoin has faced persistent challenges in recent weeks, struggling to maintain a stable upward momentum. After recently slipping below $100,000, the cryptocurrency now hovers around the $95,000 mark, causing uncertainty among investors. Despite these setbacks, some analysts see signs that the market’s bull cycle may still have room to run. CryptoQuant contributor MAC_D recently examined […]
Gamestop is exploring whether to add Bitcoin to its balance sheet, according to a new report. The video game retailer, which became a viral sensation among retail traders in 2021, is considering whether to buy BTC and other unnamed altcoins, reports CNBC. Gamestop (GME) shares are up about 5.5% in the last week – rising […]