Empower Oversight has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) to obtain the final report on the agency’s decision-making regarding crypto-related issues. The SEC Office of Inspector General (SEC OIG) completed the report over a year ago, but the agency has not yet disclosed it or provided the related documents despite […]

Microstrategy has unveiled a rebranding effort, adopting the name Strategy to emphasize its commitment to bitcoin and artificial intelligence (AI). Microstrategy Renames Itself Strategy The Tysons Corner, Virginia-headquartered firm, recognized for its business analytics tools and substantial bitcoin reserves, introduced its updated identity, logo, and branding Tuesday. The refreshed logo displays a modernized “B” symbolizing […]

North Korean hackers keep targeting tech workers with fake job offerings

The U.S. House Committee on Financial Services has scheduled a hearing on “Operation Choke Point 2.0,” an alleged attempt by Biden Administration government regulators to stifle the crypto industry. Coinbase chief legal officer Paul Grewal and Fred Thiel, the chief executive of crypto mining giant MARA, will speak at the hearing, which is slated for […]

We’re thrilled to announce that ACX, CLV, and FLUX are now available for trading on Kraken! Funding and trading ACX, CLV, and FLUX trading will be live as of 15:00 UTC today, Feb 5, 2025. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make […]

In an escalation of global economic friction, President Trump’s imposed tariffs have roiled financial markets this week, cutting across both equities, Bitcoin and cryptocurrencies. Yet a new memo from Bitwise Asset Management suggests that these headwinds might ultimately propel Bitcoin to new heights—regardless of whether Trump’s strategy succeeds or fails. At the beginning of the […]

Since the US securities regulator approved spot Bitcoin ETFs, the funds have posted record performance in the recent past. Investor enthusiasm for such funds reached an unprecedented level, with net flows soaring more than 100%. According to a report by Coindesk, the net inflows for US-listed spot Bitcoin ETFs surged 175% year-over-year in the first […]

The cryptocurrency market faced a major correction this week. Let's look at three memecoin that could watch during the latest dip.

Key Takeaways: Crypto.com plans to launch the Cronos ETF in Q4 2025 to attract institutional investors. In addition to cryptocurrency trading, the platform now offers stocks and multicurrency accounts, and is actively developing a stablecoin. The CRO token faces selling pressure despite the platform’s ambitious plans. Crypto.com’s 2025 development plans have set an ambitious course. […]

Ethereum is finally about to solve the interoperability problems that have plagued the ecosystem since it embraced the L2 scaling roadmap.

A young Canadian hacker is now wanted after allegedly exploiting a “glitch” to loot $48.8 million in crypto from the decentralized finance (DeFi) protocol KyberSwap, according to a new indictment. The U.S. Attorney’s Office for the Eastern District of New York alleges that Andean Medjedovic, 22, exploited vulnerabilities in the KyberSwap code in 2023. Prosecutors […]

Cryptocurrency hackers made off with over $100m worth of XRP last week, including funds from Ripple co-founder Chris Larsen’s wallet. The hackers, linked with North Korea, distributed funds across several trading platforms according to internet sleuth ZachXBT. However, the operation went awry when the group forgot to add a destination tag when sending $121k worth […]

Following yesterday’s crash, LTC found solid ground, recovered well and closed well with a long-wicked rejection. This suggested selling exhaustion, but the bears are not giving up yet. Since the bulls lost track in December 2024, LTC’s price has remained weak while undergoing retracement. The bulls managed to push back in the mid-month but they […]

Bitcoin currently trades at $97,821 to $98,313 over the last hour, boasting a $1.96 trillion market valuation and $54.21 billion in daily activity, oscillating between $96,147 and $100,760 today. It lingers 9.2% shy of its historic peak, a threshold tantalizingly close yet just out of immediate reach. Bitcoin Bitcoin‘s daily price action paints a tempestuous […]

How great is chance to see bounce off from XRP soon?

In a major upgrade to its ecosystem, Injective Labs has announced the release of Injective Hub V2. The latest release aims to improve user experience and streamline interactions within the Injective blockchain. It also introduces a redesigned interface, improved navigation, and a suite of new features intended to simplify user engagement with the network. According […]

After a somewhat difficult start to the week, stablecoins, meme coins, and the crypto market in general saw a glimmer of light yesterday, with the introduction of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. Introduced by US senator Bill Hagerty, the bill aims to establish a regulatory framework for stablecoins. If […]

Leading U.S. Bitcoin miners from Wall Street reported varied production results for January 2025, as extreme weather conditions and network difficulty fluctuations impacted operations across multiple regions. Wall Street Bitcoin Miners Report Mixed January Production MARA (NASDAQ: MARA), one of the industry’s largest miners, saw a 12% decline in monthly production, generating 750 Bitcoin compared […]

Ondo Finance said its tokenization platform will do for securities what stablecoins did for dollars.

US President Donald Trump-backed crypto project World Liberty Financial (WLFI) suddenly sent $307.4 million worth of digital assets to the Coinbase Prime exchange, according to on-chain data. Market intelligence firm Spot On Chain says World Liberty Financial moved $307.41 million in eight assets to top US crypto exchange Coinbase on Monday. The World Liberty Financial […]

Cryptocurrency Market Takes a Wait-and-see Approach. By: Alexander Kuptsikevich. Published: Feb 05, 2025, 12:08 GMT+00:00. Bitcoin is trading around …

Key Takeaways: Stablecoin transfer volumes surpassed Visa and Mastercard combined in 2024, reaching $27.6 trillion. Bot activity accounts for 70% of stablecoin transactions, most of which occurs on blockchains like Solana and Base. The stablecoin market cap has surged past $200 billion, signaling further growth in the cryptocurrency industry. 2024 was an eventful year in […]

Ether and bitcoin ETFs enjoyed significant inflows on Tuesday, Feb. 4, as market momentum continues to pick up after a volatile start to the week. Investors Pile on Ether ETFs As Total Net Assets Cross $10 Billion Ether exchange-traded funds (ETFs) crossed $10 billion in total net assets after attracting $308 million in inflows on […]

Crypto liquidations jumped to $527 million as bears swoop into Bitcoin market

Utah’s House Economic Development Committee has passed HB 230 with strong support, proposing to allow up to 5% of public funds to be allocated to qualifying digital assets. Arizona leads alongside Utah in the Bitcoin reserve initiative, while eleven other states have introduced similar bills and three more are considering legislation. Additionally, Senator Lummis notes […]

David Sacks’ first press conference as Crypto Czar disappointed market expectations by providing limited information on the Strategic Bitcoin Reserve and deferring to Commerce Secretary nominee Howard Lutnick on sovereign wealth fund matters. The market responded negatively to the lukewarm event, with Bitcoin dropping below US$100k to trade at US$97,932, though still relatively close to […]

XRP’s general market outlook is still considered bullish in the mid-term despite the recent meltdown. Having seen a notable recovery in the last 24 hours, it is still looking weak on the daily scale. Breaking to a new high last month, XRP halted the rally due to a rejection and suspended the bullish move. After […]

In his new role, Ben Gray will oversee our legal, compliance and enterprise risk management operations, guiding the company through the rapidly evolving regulatory landscape. He will ensure we continue to uphold the highest standards of compliance and integrity as it further expands its geographical footprint and product portfolio. Ben will report directly to our […]

The recent price decline of XRP has sparked a discussion among market experts regarding whether the decrease to $1.76 was a natural market reaction or a more deliberate event. Within three hours on February 3, 2025, XRP experienced a rapid decline from $2.57 to $1.76, a staggering 31% decrease. Nevertheless, the rapid recovery above $2 […]

Billionaire venture capitalist Chamath Palihapitiya says the US government can get its federal sovereign wealth fund up and running by leveraging its Bitcoin (BTC) holdings. On Monday, President Donald Trump signed an executive order for the Treasury and Commerce Departments to create a fund designed to provide long-term financial stability, economic growth and protection against […]

[PRESS RELEASE – Abu Dhabi, United Arab Emirates, February 5th, 2025] Immerso, an Eros Innovation company- home to Eros Media and Eros Now, and a global leader in AI innovation and intellectual property (IP), has joined forces with Everdome, pioneers in creating interactive metaverse experiences, to revolutionize digital entertainment. The partnership combines Immerso’s exceptional IP […]

The Securities and Exchange Commission (SEC) is reassigning more than 50 lawyers and staff, who were solely responsible for cryptocurrency enforcement actions, to other divisions, The New York Times reported yesterday (Wednesday), citing five anonymous sources. However, the agency has not confirmed anything officially. New Leadership, New Focus The move came after Mark Uyeda, appointed […]