Key Summary: The GENIUS Act aims to provide regulatory clarity for the issuance of stablecoins in the U.S. This bill proposes regulations for stablecoin issuers based on their volume. This legislation aims to foster innovation and reinforce the U.S. dollar’s position as the world’s leading currency. Introduction: The Stablecoin Regulation Rush The crypto industry has […]
US authorities are reportedly disregarding pro-crypto Senator Cynthis Lummis’ deadline to explain what happened to the Bitcoin (BTC) seized from the defunct darknet marketplace Silk Road. According to a new report by Bloomberg, anonymous people familiar with the matter say that the U.S. Marshals Service did not meet the January 31st deadline set by Lummis […]
Analyst and trader Michaël van de Poppe is flipping bullish on digital assets following a massive crypto market correction. Van de Poppe tells his 770,900 followers on the social media platform X that altcoins have experienced a “capitulation” as crypto assets worth billions of dollars were liquidated amid the imposition of tariffs on Canada, Mexico […]
In the aftermath of yesterday’s Bitcoin crash, market participants are closely examining whether the leading cryptocurrency by market capitalization can rebound or if it faces the prospect of another decline. In a post shared on X today, February 4, on-chain analysis data provider Lookonchain offered insights into five critical indicators that may help traders and […]
Can Ethereum game Moonray repeat the success of Off The Grid when it launches on Xbox and Playstation later this year? Web3 Gamer.
TL;DR Kraken has obtained a MiFID license in the European Union, allowing it to offer cryptocurrency derivative products in 27 countries within the region. The license was acquired after purchasing a Cyprus-based investment firm, previously approved by the CySEC, facilitating its expansion. Kraken aims to increase its presence in Europe with products such as cryptocurrency […]
TL;DR Coinbase asks U.S. regulators to remove barriers that limit banks from offering crypto services, such as custody and trade execution. It requests the withdrawal of an OCC letter that hinders banks from entering the digital asset market and seeks confirmation of the legality of partnerships with third parties. Regulatory changes under the new administration […]
President Donald Trump signed an executive order Monday calling for the creation of an American sovereign wealth fund—and Bitcoin investors are already seeing gold. Following Trump’s announcement that he’s now ordered the U.S. government to create a sovereign wealth fund within the next 12 months, Bitcoin advocates leapt with enthusiasm—taking the news as a signal […]
MicroStrategy has accumulated 2.243% of all Bitcoin, representing the largest public company Bitcoin holdings after a consistent buying strategy initiated in October 2024. The company temporarily halted its Bitcoin purchase streak but announced plans to raise additional funds through share issuance specifically to continue acquiring more Bitcoin. Share details include a US$100 liquidation value, potential […]
The recent market correction presents three exciting opportunities generating massive attention as cryptocurrency investors prepare for the next bull run: Ripple (XRP), Solana (SOL), and DTX Exchange (DTX). Although SOL and XRP were previous market leaders, their increasing development can give them a better valuation. However, one downside is their large market capitalization, which limits […]
TL;DR Pi Network now allows users to appeal name mismatches and enables minor phone number corrections to assist users in passing KYC verifications. Despite the constant delays and deadline extensions, the project surpassed 100M downloads, with South Korea, India, and other Asian countries emerging as strong community bases. Solutions for Struggling Users The controversial cryptocurrency […]
XRP is trading at $2.614 to $2.645 per coin over the last sixty minutes with a market capitalization of $152 billion, a 24-hour trade volume of $16.82 billion, an intraday price range between $2.25 and $2.78, and a gain of over 12% against the U.S. dollar in the past day. XRP The one-hour chart indicates […]
President Donald Trump could have already inked more than $800 million in income following the launch of his memecoin, according to Coinbase director Conor Grogan. The Official Trump (TRUMP) memecoin launched in mid-January a few days before Trump’s presidential inauguration. It is already the 40th-largest crypto asset by market cap. Grogan notes on the social […]
Blockchain tracking firm Lookonchain says one savvy trader moved a massive amount of Ethereum (ETH) to a crypto exchange right before the severe market correction. According to Lookonchain, an anonymous trader suddenly woke up after six years to move 77,736 ETH valued at $228.6 million at the time to crypto exchange Bitfinex ahead of Ethereum’s […]
Protecting your crypto coins starts with understanding the basics, like where to buy your crypto and how to store it.
Follow Nikolaus On 𝕏 Here For Daily Posts Today, The Wall Street Journal (WSJ) published an article attempting to discredit Bitcoin amidst the recent US, Canada, and Mexico tariff trade war, because bitcoin’s price has gone down in the wake of the news. “Bitcoin — touted as a borderless, digital store of value — is […]
Key Takeaways: The Thai SEC is set to launch a digital token trading platform based on DLT, marking a significant step toward the digitalization of Thailand’s financial markets. The undertaking has a threefold target — boosting efficiency, lowering transaction costs and broadening opportunities for both retail and institutional investors. New regulations will support the issuance […]
Ethereum and Solana have bounced back into full recovery mode after Donald Trump agreed to temporarily suspend tariffs on Canada and Mexico, signaling bullish times for meme coins. Since yesterday, $ETH has spiked from $2.5K to $2.7K, and $SOL has rebounded from $183 to $209. Why? Because when global trade tensions ease, traders often feel […]
Ethereum’s supply is climbing, ETH whales are dumping, and its biggest rival, Solana, is gaining ground more than two years after the switch to proof-of-stake.
TL;DR MicroStrategy ended its bitcoin buying streak after 12 consecutive weeks, not acquiring any more BTC between January 27 and February 2, 2025. The company holds 471,107 BTC, worth over $44 billion, purchased at an average price of $64,511 each. The firm raised $563.4 million through the issuance of preferred stock, allocated for future bitcoin […]
TL;DR On February 4, 2025, David Sacks, the White House cryptocurrency director, will hold a press conference about the U.S. plan for the digital asset market. Sacks will outline the Trump administration’s digital strategy, covering topics like regulatory policies, innovation incentives, and national security. The agenda is dominated by stablecoins, decentralized finance, and central bank […]
The Subcommittee on Oversight and Investigations of the US House Financial Services Committee will be holding a hearing on February 6 to look at the systematic debanking of crypto firms under President Biden, which has come to be known as ‘Operation Chokepoint 2.0’. Some have alleged the debanking of crypto firms was politically motivated and […]
President Trump signed an executive order on February 3 directing the creation of a sovereign wealth fund, with Treasury Secretary Scott Bessent and Secretary of Commerce Howard Lutnick tasked with its implementation. Senator Cynthia Lummis, a prominent pro-Bitcoin legislator, introduced the BITCOIN Act and continues to advocate for a strategic Bitcoin reserve as a potential […]
For all of the recognizable dynamic qualities that are associated with Ethereum’s price, during this current market cycle, it has been anything but dynamic. Most notably, Ethereum has made three attempts to break out of a key trading range, with three subsequent rejections that have left many traders who are inclined to lean bullish feeling […]
Bitcoin experienced a full-on rollercoaster on Monday, with its price dumping by ten grand before it recovered almost as such and then lost some of the momentum. The altcoins followed suit with similar massive price moves, but most are well in the green on a daily scale now. BTC’s Down and Up The primary cryptocurrency […]
Bitcoin faces short-term uncertainty following Trump’s tariffs announcement and a lack of retail dip-buying; however, institutional demand remains strong, driven by the growth of bitcoin spot ETFs and the futures market. Bitcoin’s Post-Halving Price Action Might Be Evolving The market reacted unexpectedly to the Trump tariffs despite widespread anticipation. According to Matrixport‘s latest market outlook, […]
Big amount of SHIB burned amid sudden SHIB price surge and U-turn that followed
XRP lost nearly 40% during Monday’s session, dropping to its lowest levels since November, only to recover and close up 5% by the end of the day. This volatility was triggered by Donald Trump’s announcement of 25% tariffs on Mexico and Canada, which he later temporarily withdrew. The new-again U.S. president shook global markets, including […]
Crypto asset management giant CoinShares says institutional investors poured hundreds of millions into digital asset investment vehicles last week despite volatile market conditions. In its latest Digital Asset Fund Flows report, CoinShares says that institutional crypto investment vehicles brought in nearly $530 million last week despite the market-wide slump triggered by Trump tariffs and DeepSeek. “Digital […]
BitMEX founder Arthur Hayes is doubling down on his call that Bitcoin (BTC) and crypto will likely see lower prices before rallying to new all-time highs. Late last month, Hayes predicted that BTC would drop to as low as $70,000 amid a slew of bearish macroeconomic and crypto signals before rallying to as high as […]
On the 2024 campaign trail, Donald Trump vowed to end a regulatory crackdown on the cryptocurrency industry. Crypto was part of the deluge of …