SEC and Binance pause legal battle amid new crypto regulatory task force
The US Securities and Exchange Commission (SEC) and Binance have jointly requested a 60-day suspension of their ongoing lawsuit, according to a Feb. 10 filing. Both parties explained that this decision was made because the SEC established a dedicated crypto…
Bloomberg analysts’ rankings show Litecoin leading altcoin ETF approval race, while XRP trails
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability. According to the latest estimates, Litecoin (LTC) leads with a 90% probability…
Ripple partners with Unicâmbio enable Portugal-Brazil remittances
Ripple has expanded its presence in Europe through a partnership with Unicâmbio, a Portuguese crypto exchange. This partnership is set to streamline cross-border payments between Portugal and Brazil using Ripple Payments, according to a Feb. 10 statement. Cross-border payments The…
‘Last large fintech in the world’ Klarna to embrace crypto amid upcoming IPO
Swedish fintech giant Klarna has finally succumbed to pressure from its 80+ million user base to offer crypto services. The development comes as the company prepares for its highly anticipated initial public offering (IPO) in the US, targeted for April…
SEC seeks more time to deliberate on options for Ethereum ETFs, extends review to April 9
The US Securities and Exchange Commission (SEC) has delayed on Feb. 7 its decision on whether to approve options trading on Ethereum (ETH) exchange-traded funds (ETFs), extending the review period until Apr. 9. The decision, outlined in a Feb. 7…
Public Citizen calls for DOJ probe into Trump’s memecoin promotion
A government think tank has urged the Department of Justice and the US Office of Government Ethics to investigate whether former President Donald Trump violated federal laws prohibiting government officials from soliciting gifts. The complaint, filed by Public Citizen on…
Cosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1
The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which…
Maple reports no increase in bad debt, $10M inflows amid recent market crash
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period…
Cboe submits four spot XRP ETF applications
Cboe has filed four separate 19b-4 applications with the US Securities and Exchange Commission (SEC) to introduce spot XRP exchange-traded funds (ETFs). The filings, submitted on behalf of WisdomTree, Bitwise, 21Shares, and Canary, mark a critical step in seeking regulatory…
Winklevoss-owned Gemini considering going public as regulatory tides shift
Gemini is exploring a potential initial public offering (IPO) as soon as this year, Bloomberg News reported, citing people familiar with the matter. Sources told the newswire that the exchange is discussing a public listing with potential advisers, but no…
Tether dismisses blockchain rumors, doubles down on AI innovation
Tether CEO Paolo Ardoino has once again refuted claims that the company is developing its blockchain. On Feb. 5, Ardoino took to X to clarify that Tether has no intention of launching a blockchain, calling the speculation baseless. His statement…
VanEck forecasts 3% market cap growth for Solana, $520 price by 2025-end
Solana (SOL) currently accounts for 15% of the smart contract platform (SCP) market capitalization, with projections indicating a rise to 22% by the end of 2025, which could push SOL’s price to $520, according to a recent report by VanEck….
Bitcoin ETFs see $340M in inflows but six out of ten funds remain flat
After the significant $234 million in outflows we’ve seen on Feb. 3, spot Bitcoin ETFs saw a recovery with $340.7 million in inflows on Feb. 4. However, only four out of the ten spot Bitcoin ETFs recorded inflows, with BlackRock’s…
WazirX creditors to decide on recovery plan or risk lengthy liquidation
WazirX creditors will decide in the coming weeks whether to begin receiving compensation for their lost crypto as early as April 2025 or face a prolonged recovery process that could extend to 2030. The vote follows a Singapore High Court…
Trump’s new sovereign wealth fund sparks Bitcoin investment speculation
President Donald Trump issued an executive order on Feb. 3 to create a sovereign wealth fund for the United States. Trump said the initiative would enhance fiscal sustainability, ease tax burdens for American families and businesses, and secure long-term economic…
Bitcoin remains resilient despite recent Trump tariff shock – Bitfinex
Despite Bitcoin (BTC) reaching a daily low of $91,341.25 on Feb. 3 due to President Donald Trump’s remarks on tariffs, BTC remains structurally strong, according to the latest edition of the “Bitfinex Alpha” report. Bitcoin surged at the beginning of…
Bitcoin, XRP lead $527 million inflow recovery despite volatility
Crypto exchange-traded products (ETPs) recorded a fourth straight week of inflows, bringing in $527 million last week, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, said that market sentiment fluctuated significantly throughout the week, shaped…
Why lending platform Ledn will always be Bitcoin first
The following is a guest post from Christina Comben. If you’ve been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn’t crash…
DeFi in 2025 promises smart accounts and AI-driven trading evolution
The following is a guest post by Lukas Schor, Co-Founder of Safe. 2024 has been a pivotal year for DeFi. Practical applications for smart accounts are already in use. Major infrastructure milestones like chain abstraction, along with positive market sentiment…
The blockchain gaming evolution will take center stage in 2025
The following article is an op-ed by Daniil Shcherbakov, Co-Founder at TonTon Games. As 2024 comes to an end, the Web3 gaming industry is still at a crossroads. Often touted as the future of gaming, with promises of true freedom…
New FASB rules make Bitcoin holdings a goldmine for corporate earnings
Market capitalization seems to have been the dominant driver of stock price performance last year, particularly for companies with significant Bitcoin holdings. Companies such as MicroStrategy (MSTR) and Tesla (TSLA) saw their stock prices move in tandem with Bitcoin’s price…
Pumpfun hit with federal lawsuit over alleged $500M pump-and-dump scheme
Pump.fun, a Solana-based token launch platform, is facing a federal class action lawsuit alleging it orchestrated an extensive scheme to issue and promote unregistered securities, violating US securities laws, according to a Jan. 30 court filing. Diego Aguilar, a Pump.fun…
Bitcoin and Ethereum ETFs see $655M in inflows as SEC swiftly approves Bitwise’s new combined fund
Spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the US saw inflows of approximately $655 million on Jan. 30, reflecting a strong rebound in investor interest. The surge comes after the US Securities and Exchange Commission’s (SEC) approval of a…
Bad actors steal $80 million in January, CEXs hit hardest
Cryptocurrency-related hacks resulted in nearly $74 million in losses in January 2025, marking a staggering ninefold increase from December, according to a new report from Immunefi. The sharp rise came despite a nearly 45% year-over-year decline compared to January 2024,…
Bitcoin rally boosts Tesla’s 2024 Q4 net income by $600 million
Tesla’s Bitcoin investment played a key role in its fourth-quarter performance, accounting for $600 million (or 26%) of its GAAP net income of $2.3 billion. The gain came as the company adopted new accounting standards recognizing the fair market value…
Fed Chair Jerome Powell says banks can serve crypto clients if risks are managed adequately
Federal Reserve Chair Jerome Powell stated that banks are free to serve with crypto, provided they effectively manage the associated risks. During his speech following the Federal Open Market Committee (FOMC) meeting, Powell added: “The threshold has been a little…
CNB considers shifting up to 5% of Czech reserves into Bitcoin
Czech National Bank (CNB) Governor Aleš Michl will reportedly propose adding Bitcoin to the country’s reserve assets, Financial Times reported on Jan. 29. If approved, his plan would see the bank eventually allocate as much as 5% of its $146.13…
South Dakota and Kentucky lawmakers to propose Bitcoin reserve legislation
Lawmakers in Kentucky and South Dakota are preparing to introduce legislation to establish a Bitcoin (BTC) reserve in the next few weeks, according to statements made on Jan. 28. South Dakota Representative Logan Manhart announced that he will introduce a…
KuCoin exits US market, pays $300M fine for unlicensed operations
KuCoin pleaded guilty to operating an unlicensed money-transmitting business in a settlement with the U.S. Department of Justice on Jan. 27, agreeing to exit the U.S. market for two years and pay penalties nearing $300 million. The plea addresses allegations…
Ripple expands US operations with new money transfer licenses and hiring push
Ripple announced the acquisition of two Money Transmitter Licenses (MTLs) in New York and Texas, pivotal states for its cross-border payment solutions. The newly acquired licenses in Texas and New York bring the total number of Ripple MTLs in the…
Bitcoin falls below $100k, triggering $855B in liquidations amid Deepseek AI market shock
Bitcoin experienced a sharp decline during Asian trading hours, falling below $100,000 as widespread market turbulence impacted the broader crypto and stock markets. According to CryptoSlate’s data, BTC declined by more than 6% during the last 24 hours to as…
What awaits the Ethereum ecosystem in 2025?
The following is a guest post from Rostyslav Bortman, Founder at Ethereum Ukraine. Let’s face it: although 2024 was a year of technological success for Ethereum, it was also a year of financial disappointment. On the one hand, Dencun was…
How stablecoins are dollarizing Brazil’s economy
The following article is an op-ed by João Victor Alves Souza from Boletim Bitcoin. Stablecoins have exploded in popularity in recent years along with the wider digital asset market. Notably, the stablecoin market is gaining prominence in emerging economies, such as…
Taiwan’s FSC outlines regulatory path for bank-issued stablecoins
Taiwan’s Financial Supervisory Commission (FSC) has unveiled plans to allow banks to issue stablecoins as part of a comprehensive regulatory framework for virtual asset service providers (VASPs). The draft bill, expected in June, aims to establish stablecoins as a bridge…
Trump signs executive order to establish ‘strategic digital asset stockpile,’ form crypto working group
Available exclusively via One year of Bitcoin ETFs and 1,100,000 BTC Andjela Radmilac · 1 day ago CryptoSlate’s latest market report dives deep into the first year of spot Bitcoin ETFs, examining key trends, capital flows, performance metrics, and their…
TRUMP’s trading volume conquers both CEXs and DEXs
Just four short days after its launch, TRUMP has become one of the most actively traded coins across both centralized and decentralized exchanges. With its high liquidity and trading volume, it has positioned itself at the forefront of the market,…
USDC supply surpasses $50 billion as users increasingly prefer Solana blockchain
Circle’s USD Coin (USDC) has achieved a major milestone, with its circulating supply surpassing $50 billion for the first time in three years. DeFillama’s data shows that USDC’s supply hit approximately $51 billion on Jan. 22, marking a sharp recovery…
Blockchain sleuth ZachXBT under scrutiny for alleged $4M memecoin exit
A Solana wallet tied to renowned blockchain investigator ZachXBT has been accused of withdrawing nearly $4 million from a memecoin project associated with his name. The controversy comes amid a community-led effort to raise funds for his investigative work. ZACHXBT…
TRON and Wintermute Further Strategic Collaboration
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › London, January 20, 2025 – Wintermute is proud to strengthen its collaboration with TRON DAO, a leader in decentralized blockchain technology….
Crypto omitted from White House priorities and Trump’s inaugural speech
President Donald Trump closed his inaugural speech without even once mentioning Bitcoin (BTC) or crypto. Meanwhile, Punchbowl News reported that a document sent by Republicans outlining the White House’s new priorities also fails to mention digital assets and Bitcoin. The document…
Bitcoin hits new all-time high near $110k amid optimism for Trump’s second era
Bitcoin reached a new all-time high ahead of Donald Trump‘s second inauguration as President of the United States. Data from CryptoSlate shows Bitcoin climbing over 5% in the past hour, gaining nearly $10,000 to hit $109,300—just short of the $110,000…
Multichain Capital introduces proposal to slash SOL inflation to 1.5%
Multichain Capital partners Tushar Jain and Vishal Kankani introduced a proposal to address the inflation of Solana’s native crypto, SOL. The goal is to use a market-driven mechanism to adjust Solana’s emissions dynamically, moving away from the network’s current fixed-rate…
How digital asset management platforms help navigate the crypto boom
The following is a guest post by Peter Curk, CEO at ICONOMI. The year 2024 has marked a turning point for digital assets, highlighted by Ethereum’s Dencun upgrade, the approval of Bitcoin exchange-traded funds (ETFs) and the implementation of the…
Trump’s official memecoin captures $30 billion market cap overnight, igniting frenzy and skepticism
On Friday evening in Washington DC, President-elect Donald Trump announced the launch of a Solana-based memecoin, TRUMP, just days ahead of his second-term inauguration. The announcement, made via posts on his verified X and Truth Social accounts, has sparked excitement,…
Wintermute reports 240% surge in institutional crypto trading via OTC in 2024
Crypto trading firm and market maker Wintermute registered a 240% yearly growth in traditional finance firms’ activity in its over-the-counter (OTC) trading desk, according to a Jan. 17 report. Traditional financial institutions played a pivotal role in reshaping OTC trading…
Crypto.com becomes first exchange to secure MiCA license for EU operations
Crypto.com announced it has received in-principle approval for a Markets in Crypto Assets (MiCA) license, becoming the first major global crypto exchange to achieve this milestone. The license will enable the company to offer its services across all European Union…
Crypto developer sues DOJ over Biden-era regulatory crackdown
Blockchain developer Michael Lewellen has filed a lawsuit against the US Department of Justice (DOJ), accusing the President Joe Biden administration of stifling innovation in the crypto sector through overly broad interpretations of federal money-transmission laws. Lewellen’s lawsuit centers on…
Tether partners with LayerZero to launch cross-chain stablecoin USDT0
Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD (USDT) stablecoin. The Omnichain Fungible Token (OFT) standard, developed by LayerZero, will power the cross-chain transfers. According to USDT0 documentation,…
Over 74,000 positions liquidated after modest market recovery, indicating high leverage
The total liquidations between Jan. 14 and Jan. 15 reached $201.87 million, with a skewed distribution favoring short positions. Data from CoinGlass showed that 74,152 traders were liquidated during this period, showing that yesterday’s price spike caught many traders off…
SEC set to reevaluate crypto enforcement cases under Trump administration
As President-elect Donald Trump prepares to take office, the US Securities and Exchange Commission (SEC) is preparing to initiate changes that could halt enforcement actions against crypto firms, Reuters reported, citing individuals familiar with the matter. Sources told the news…
The market is still in profit despite Bitcoin’s price slump
Bitcoin’s pullback to $90,000 caused quite a stir in the market. Although its recovery to above $96,000 on Jan. 14 offered some relief, many on-chain indicators revealed underlying stress in market health. Key metrics like Net Unrealized Profit/Loss (NUPL) and…
Bank of England advances design phase of ‘digital pound’ CBDC
The Bank of England (BoE) and HM Treasury reported significant progress in the design phase of the digital pound, a proposed central bank digital currency (CBDC) that would complement traditional banknotes and enhance the UK’s payment infrastructure. The update highlighted…
Fresh addresses are accumulating Bitcoin despite the heavy price drawdown
Bitcoin’s volatility intensified in the second week of January, with its price falling 6.25% between Jan. 6 and Jan. 12 to $90,900 from $96,960. While this is still in line with expected drawdowns during bull cycles, the drop provides an…
Tether to relocate global headquarters to Bitcoin-friendly El Salvador
Tether, the leading stablecoin issuer, is finalizing its plans to move its global headquarters to El Salvador after obtaining a Digital Asset Service Provider (DASP) license, according to a Jan. 13 statement. Tether explained that El Salvador, the first nation…
North Dakota lawmakers push to add Bitcoin to state treasury
North Dakota lawmakers introduced a House Concurrent Resolution (HCR) on Jan. 7, encouraging the State Treasurer and the State Investment Board to include digital assets and precious metals in the state treasury’s portfolio to hedge against inflation. Six Representatives and…
10 items on the backlog
The following is a guest post from John deVadoss, Co-Founder of the InterWork Alliancez. The crypto universe is currently obsessed with generative AI, with the notion of “Agents,” putatively powered by crypto “rails” and coordinated via on-chain smart contracts. This…
Vast majority of financial advisors’ clients asked about crypto in 2024 – Bitwise
A recent report by Bitwise and VettaFi reveals that 56% of financial advisors are more likely to invest in crypto this year, with the 2024 US election results pivoting sentiment. The 2024 surge in crypto prices and increased regulatory clarity…
Spot Bitcoin ETFs mark first anniversary with four among Top 20 in AUM
Four spot Bitcoin (BTC) exchange-traded funds (ETFs) figured among the 20 ETFs with the most significant assets under management (AUM) one year after their launch in the US. BlackRock’s spot Bitcoin ETF IBIT was the best performer among the Bitcoin…
Oh raises $4.5 million to empower creators through AI and Web3 fusion
Oh, an innovative platform blending AI with Web3 technology has secured $4.5 million in seed funding, according to a Jan. 10 statement shared with CryptoSlate. The oversubscribed round saw contributions from major players like Tangent, Big Brain Holdings, Kosmos Ventures,…
State of Georgia indicts 3 developers behind mixing services Blender, Sinbad
A federal grand jury in the Northern District of Georgia indicted three Russian nationals for their alleged roles in operating crypto mixers Blender.io and Sinbad.io — tools used to launder funds tied to cybercrime, including ransomware and virtual currency thefts….
Ethereum and Solana staking no longer classified as collective investment schemes in the UK
The UK Treasury has introduced an amendment to the Financial Services and Markets Act 2000 (FSMA), effective January 31, to exclude crypto staking from being classified as a collective investment scheme. Under this change, staking Ethereum (ETH) and Solana (SOL)…
Fidelity believes Bitcoin is at the precipice of mass adoption, says investors are not ‘too late’
Bitcoin (BTC) and the wider crypto market may be entering a new era of widespread adoption, but investors are far from being “too late,” according to Fidelity Digital Assets’ 2025 Look Ahead report. The report, authored by Fidelity’s research team…
Trump-inspired digital cards debut on Bitcoin via Ordinals
The non-fungible token (NFT) collection backed by President-elect Donald Trump launched its first 160 items, the “Trump Bitcoin Digital Trading Cards,” on Bitcoin (BTC) using the Ordinals protocol. Users who acquired the 100 NFT cards from the “Mugshot Edition” and…
Vitalik Buterin champions decentralized defense against AI risks
Ethereum co-founder Vitalik Buterin’s latest blog post reflects on the progress of decentralized and democratic differential defensive acceleration, or d/acc — one year after its introduction. Buterin emphasized the need for caution in AI development, advocating for defensive technologies that…
Arthur Hayes predicts market top in April with liquidity recovering in Q3
BitMEX co-founder and Maelstrom chief investment officer Arthur Hayes predicted that markets would potentially peak by mid-to-late March 2025, driven by an influx of dollar liquidity despite political and policy uncertainties. Hayes pointed to a net injection of $57 billion…
Enron returns with humorous ‘nuclear egg’ parody mocking tech launches
Enron has officially embraced its role as a parody, unveiling a comedic product dubbed the “Enron Egg,” a fictitious micro-nuclear reactor. The announcement, made on Jan. 6, marked the latest in a series of tongue-in-cheek moves by the resurrected brand,…
Calamos targets volatility-wary investors with new Bitcoin ETF featuring 100% downside protection
Calamos Investments has announced a new Bitcoin ETF, CBOJ, which will debut on the CBOE Global Markets on Jan. 22. According to the Jan. 6 statement, this ETF promises 100% downside protection, providing investors a risk-managed way to participate in…
Why we’re bullish on decentralized AI, PayFi, tokenized assets and beyond
The following is a guest post from Forest Bai, Co-Founder at Foresight Ventures. As we look ahead to 2025, the confluence of artificial intelligence (AI) and blockchain technology is transforming industries and unlocking new opportunities. At Foresight Ventures, we see…
Anastasija Plotnikova on the future of global crypto regulation
In the evolving landscape of digital finance, MiCA (Markets in Crypto-Assets) stands as a transformative framework poised to reshape the regulatory environment for digital assets. With stablecoins gaining momentum and mainstream adoption of crypto accelerating, MiCA introduces challenges and opportunities…
Coinbase shares unredacted FDIC letters urging banks to avoid offering basic Bitcoin services
Coinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid not only crypto-related services but also simple Bitcoin (BTC) offerings. The letters are unredacted versions of documents shared…
When will web3 have its Apple moment?
The following is a guest article from Jackie Bona, Co-founder and CEO at Valora. Five Challenges Standing in the Way of Mass Adoption In today’s digital world, mobile technology is more than just a convenience—it’s a lifeline connecting billions of…
India partners with tech giants Google, Meta to curb ‘pig butchering’ scams
India has intensified efforts to curb crypto-related scams by collaborating with tech giants Google and Meta (formerly Facebook), according to the Ministry of Home Affairs’ 2024 annual report. The initiative aims to combat the rising threat of “pig butchering” scams,…
Bitcoin to battle dollar strength amid Donald Trump’s crypto-friendly policies
The US dollar has surged to its strongest levels in years, fueled by optimism surrounding Donald Trump’s return to the presidency. Over the past year, the dollar has gained ground against major global currencies thanks to a rally fueled by…
Crypto VC investments rise 26% YoY amid market fluctuations in 2024
Crypto venture capital investments grew 26.1% in 2024 compared to the previous year, with 1,535 projects publicly disclosed, according to a report by Wu Blockchain citing RootData statistics. The report highlighted a total of 102 publicly disclosed crypto VC investment…
How Tether, TRON, TRM Labs froze $100 million in stolen digital assets
T3 Financial Crime Unit (T3 FCU) has frozen criminal assets valued at $100 million across five continents. Formed by Tether, TRON, and TRM Labs in August 2024, the group collaborates with law enforcement worldwide to disrupt organized schemes that rely…
Jordan turns to blockchain tech for enhancing government operations
Jordan’s government has introduced a new Blockchain Technology Policy for 2025, which aims to increase transparency, improve public services, and drive economic growth. The initiative, approved by the Jordanian Council of Ministers, seeks to modernize administrative procedures and enhance trust…
Vitalik Buterin helps Tornado Cash developer Roman Storm with $170k New Year donation
Vitalik Buterin, Ethereum’s co-founder, has donated 50 ETH (approximately $170,000) to support the legal defense of Roman Storm, a Tornado Cash developer. The donation, confirmed by Storm on Dec. 31, marks another significant gesture by Buterin in defense of privacy…
Swiss chancellery approves proposal to include Bitcoin in national reserves
Switzerland’s Federal Chancellery has approved the formal submission of the “Bitcoin Initiative,” a proposed constitutional amendment that would require the Swiss National Bank to hold part of its reserves in Bitcoin (BTC). The measure now moves closer to a nationwide…
Mark Moss on Bitcoin adoption, freedom, and $1M Bitcoin
The following is a guest post from Christina Comben. I first met Mark Moss at the entrance to the media center by the main stage at Bitcoin MENA in Abu Dhabi, the first official Bitcoin conference in this part of…
Solana shines amid record-breaking DEX trading volumes in December
DEXs registered new monthly trading volume records in December on spot and derivatives markets, with Solana-based protocols dominating the sector, according to DefiLlama. As of Dec. 30, on-chain spot trading volumes reached $451.5 billion, a 19% increase from November, which…
Tether boosts Bitcoin reserves amid EU MiCA’s regulatory tension
USDT stablecoin issuer Tether has expanded its Bitcoin holdings by acquiring 7,629 BTC valued at roughly $705 million, according to on-chain data from Arkham Intelligence. The purchase elevates Tether’s Bitcoin holdings to 82,983 BTC, worth approximately $7.68 billion as of…
Pig butchering scams top 2024 crypto fraud with $3.6 billion in losses
Pig butchering scams led to $3.6 billion in crypto losses in 2024, emerging as the most significant fraud scheme of the year, according to a report by web3 security firm Cyvers. The long-term fraud method, where victims are groomed over…
Montenegro’s Justice Minister signs order to extradite Do Kwon to US
Montenegro’s Minister of Justice, Bojan Božović, has signed an order to extradite Terraform Labs co-founder Do Kwon to the US. Montenegro’s Supreme Court recently determined that all legal conditions for Kwon’s extradition had been met. Following this ruling, the Ministry…
Solana co-founder Stephen Akridge accused of misappropriating ex-wife’s crypto gains
Stephen Akridge, co-founder of Solana, is embroiled in a legal dispute with his ex-wife, Elisa Rossi, over alleged misappropriation of substantial gains from Solana (SOL) tokens, Bloomberg News reported on Dec. 27. Rossi claims that Akridge used his advanced expertise in…
Demystifying algo trading in crypto markets
The following article is an op-ed by Laurent Benayoun, CEO of Acheron Trading. Algorithmic trading, or “algo trading”, has swiftly established itself within the financial landscape, particularly within the volatile, high-paced crypto market. While often perceived as a domain for…
XRP Ledger shows signs of increasing usage, suggesting XRP price increase
CryptoQuant community analyst Maartunn shared data indicating that the XRP Ledger’s (XRPL) velocity has risen in the past few weeks amid heightened activity, suggesting growing utility within the network. Velocity is calculated by dividing a crypto market cap by its…
Record $18 billion in crypto options set for year-end expiry
The crypto market is ending the year on a strong note as a record $18 billion worth of options contracts are set to expire. Options allow traders to speculate or hedge against price movements. A call option grants the right…
Rising crypto scams in France trigger crackdown by authorities
The rise of crypto has become a breeding ground for financial scams in France, contributing to a surge in fraudulent activity that has authorities scrambling to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF…
DeFi TVL drops 16% but stablecoin market stays firm
The total value locked (TVL) in DeFi protocols saw significant volatility in the past week, dropping from $140.95 billion on Dec. 17 to $117.76 billion on Dec. 20 before partially recovering to $122.06 billion by Dec.26. Graph showing the total…
Montenegro court rejects Do Kwon’s extradition appeal
Montenegro’s Constitutional Court unanimously rejected Terraform Labs’ co-founder Do Kwon’s appeal regarding a verdict on his extradition over legal issues, Korea JoongAng Daily reported on Dec. 25. The decision clears the path for Montenegro’s Justice Minister to determine Kwon’s extradition…
Israeli firms set to introduce Bitcoin mutual funds, aligning with global crypto trends
Israel is set to introduce six Bitcoin-linked mutual funds on Dec. 31, marking a significant step in the country’s crypto investment landscape. local media outlets Calcalist and Globes reported.s The funds were introduced by Migdal Capital Markets, More, Ayalon, Phoenix…
MV Global predicts significant expansion for DeSci sector via utility memecoins
Decentralized Science (DeSci) is poised for remarkable growth in 2025, fueled by utility memecoins, according to a recent report by MV Global. DeSci involves integrating blockchain technology into scientific research. Its goal is to revolutionize the traditional scientific ecosystem by…
Bitcoin ETFs record over $1 billion outflows ahead of Christmas, contrasting Ethereum’s inflow surge
US spot Bitcoin and Ethereum ETFs are seeing varied market performance, signaling divergent investors’ interest in the top digital assets. On Dec. 23, Bitcoin ETFs recorded their third straight day of outflows, totaling $226.5 million as investors adjusted their portfolios…
Bitcoin tumbled to $95k after $540 million in long liquidations
Bitcoin’s stint at its new all-time high of $108,200 was short-lived. In less than a week, its price dropped by over 12%, reaching $95,000 on Dec. 23. While pullbacks ranging from 20% to as high as 30% are commonplace dulling…
MicroStrategy invests $561 million in Bitcoin amid market pullback
MicroStrategy continued its aggressive Bitcoin acquisition strategy, buying 5,262 BTC for $561 million despite the recent market downturn. According to a Dec. 23 filing with the US Securities and Exchange Commission (SEC), the firm stated that the purchase price averaged…
No-Code, No Limits for AI Agents
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Singapore, 23 December 2024 — aelf, a leading AI-enhanced Layer 1 blockchain, has launched aevatar intelligence, a revolutionary no-code framework for…
Elon Musk’s SpaceX uses stablecoins to hedge against foreign exchange risks
SpaceX uses stablecoins to dodge foreign exchange risks, Silicon Valley venture capitalist Chamath Palihapitiya said in the All-In podcast on Friday. Foreign exchange risk refers to the risk of losses that could arise from drastic fluctuations in a currency. For…
Coinbase believes tokenization, DeFi will be key themes in 2025 amid pro-crypto policies
Coinbase’s latest market outlook for 2025 identifies tokenization, DeFi resurgence, and a shift toward pro-crypto regulation in the US as key trends for the following year. Coinbase anticipates 2025 as a pivotal year for US crypto legislation after years of…
Harnessing idle GPU power can drive a greener tech revolution
The following is a guest post by Jakub Ondrasek, CEO at Clore AI. Tech innovations such as AI, cryptocurrency, quantum computing and VR are redefining modern life. Most consumers don’t know how much high-performance computing power is needed to fuel…
Marathon Digital warms 80,000 Finnish homes with heat generated from Bitcoin mining
Marathon Digital Holdings is redefining the narrative around Bitcoin mining by repurposing its excess heat to benefit communities in Finland. In a Dec. 20 statement on X, the company said it provides heating for approximately 80,000 residents through a forward-thinking…
Ark Invest CEO Cathie Wood predicts Bitcoin will top $1 million by decade’s end
Ark Invest CEO Cathie Wood reiterated her bullish outlook on Bitcoin (BTC), predicting that it will soar past $1 million by the end of the decade. She made the prediction during a Bloomberg Markets interview, in which she attributed Bitcoin’s…
Marathon and Hut 8 scoop up $1.6 billion worth of Bitcoin during market dip
Bitcoin mining giants Marathon Digital Holdings and Hut 8 have capitalized on Bitcoin’s recent correction by making multi-billion-dollar investments in the flagship cryptocurrency. On Dec. 19, the companies announced purchases totaling over 16,000 BTC for $1.6 billion, equivalent to 37…
US government rejects Sam Bankman-Fried’s conviction appeal
The US authorities have rejected Sam Bankman-Fried‘s appeal to overturn his conviction and sentencing related to the bankrupt FTX collapse. According to a recent court filing, the government found no merit in his claims, asserting that the jury’s verdict and…
Polygon rejects proposal to bridge funds into Morpho to drive DeFi growth
The Polygon community has decided against a proposal to deploy $1.3 billion in stablecoins from its Proof of Stake (PoS) bridge into yield-generating programs on Morpho, an Ethereum-based DeFi platform. The announcement, made on Dec. 17 through Polygon’s official social…
Hong Kong approves 4 new crypto trading platform licenses in regulatory push
Hong Kong’s Securities and Futures Commission (SFC) has issued licenses to four virtual asset trading platforms (VATPs), marking another step in its fast-tracked regulatory framework, according to a Dec. 18 statement. The licensed platforms include Accumulus GBA Technology Ltd, DFX…
Options traders bet big on Bitcoin reaching $120K despite low odds
The size and popularity of the Bitcoin options market have made it one of the best tools for gauging market sentiment and predicting volatility. Previous CryptoSlate analysis found that options wielded an outsized influence over Bitcoin’s price volatility and were…
ESMA unveils final guidance for MiCA as Europe braces for crypto regulation rollout
The European Securities and Markets Authority (ESMA) has released its final guidance ahead of the full implementation of the Markets in Crypto-Assets (MiCA) regulations across the region, according to a Dec. 17 statement. This marks a culmination of 18 months…
Bitcoin mining complexity surges as miners’ reserves slip 4.74% YoY
Bitcoin’s mining ecosystem has reached unprecedented levels in terms of difficulty as hashrate reached new highs along with the price. On Dec. 16, mining difficulty surged by 4.43% to an all-time high of 108.52 trillion at block height 874,944. This…
UK aims for balanced crypto regulation with FCA-led consultation
The UK Financial Conduct Authority (FCA) has initiated a public consultation aimed at refining regulations for crypto, according to a Dec. 16 statement. The initiative signals the FCA’s commitment to crafting a balanced framework that nurtures innovation while addressing risks…
The key challenges for institutional DeFi adoption
The following is a guest article from Vincent Maliepaard, Marketing Director at IntoTheBlock. As Bitcoin surpassed its all-time high earlier this year, driven by institutional interest, many expected a similar surge in the decentralized finance (DeFi) space. With DeFi surpassing…
Blockchain isn’t ready for logins (yet)
Perhaps unsurprisingly, the internet login system is essentially as old as the internet itself. In the 1960s and 1970s, as the first computer networks took shape, so too did the need for user authentication. ARPANET, the predecessor to today’s internet,…
A reversion of altcoin dynamics
The following is a guest post from Shane Neagle, Editor In Chief from The Tokenist. With US presidential elections concluded, Bitcoin has been hitting new all-time highs nearly on a weekly basis during November. Having reached almost $100,000 threshold on…
BiT Global files lawsuit against Coinbase over allegations of breaching antitrust laws by delisting WBTC
BiT Global has filed a lawsuit against Coinbase, the largest crypto trading platform in the United States, according to a Dec. 13 court filing. The Justin Sun-linked crypto custodian alleged that the US exchange unfairly removed wrapped Bitcoin (WBTC) from…
OpenAI counters Musk’s lawsuit by highlighting his past profit advocacy
OpenAI has countered Elon Musk’s recent lawsuit, emphasizing that the billionaire had previously advocated for the company’s shift to a for-profit structure. Musk, one of OpenAI’s co-founders, has accused the AI company of abandoning its nonprofit roots, filing a fresh…
Cardano Foundation regains social media control amid governance turmoil
The Cardano Foundation (CF) has regained control of its official X account after it was compromised in a hacking incident. The breach, which occurred on Dec. 8, saw the account misused to promote a fraudulent ADASOL token. The attackers also…
Binance dominates 2024 with $21.6 billion deposits and record 250 million users
Binance has cemented its position as the leading crypto exchange by reporting customer deposits totaling $21.6 billion in 2024, according to a Dec. 12 report. This achievement places Binance significantly ahead of its competition, with data from DeFi Llama revealing…
Riot Platforms completes $525 million notes offering to fuel Bitcoin buying
Bitcoin (BTC) miner Riot Platforms has successfully completed a $525 million senior note offering, according to a Dec. 11 filing with the SEC. The notes, which mature in 2030 and carry a 0.75% interest rate, were offered privately to institutional…
SEC charges three people for impersonating securities brokers in $2.9 million Bitcoin-related scam
The U.S. Securities and Exchange Commission charged three individuals on Dec. 11 with impersonating securities brokers and investment advisers to execute a scheme involving digital assets. The complaint names three Nigerian nationals and alleges that their actions diverted more than…
Options wield outsized influence on Bitcoin’s volatility
Options are often a leading market indicator, reflecting traders’ expectations for price direction and volatility. This dynamic is especially true for Bitcoin, as the sheer size of the derivatives market has historically outpaced spot trading. Unlike futures, which are pretty…
Marathon Digital boosts Bitcoin reserves by over 50% this quarter, nears $4 billion in holdings
Marathon Digital has bolstered its Bitcoin reserves by over 50% this quarter with the addition of 11,774 BTC, worth about $1.1 billion, according to a Dec. 10 filing with the US Securities and Exchange Commission (SEC). This purchase follows another…
Tether USDT wallets surge to 109 million, challenge Bitcoin and Ethereum user base
Stablecoin issuer Tether reported 109 million on-chain wallets holding USDT at the start of the fourth quarter, according to a Dec. 9 report. The growth positions USDT as one of the most utilized digital assets, with its wallet numbers approaching…
Riot Platforms shares dip despite $500 million Bitcoin acquisition strategy
Despite announcing a strategic Bitcoin purchase plan, Riot Platforms’ shares fell nearly 10%. At the market opening on Dec. 9, the miner stock dropped by 7.1% to $12.03, reflecting a broader decline in crypto-related equities such as Coinbase, Marathon Digital,…
Blockchain needs a killer use case, and authentication is cold-blooded
The following article is an op-ed by Tyler Adams, CEO & Co-Founder at COZ. For the last two years, crypto developers and venture capital have been hyper-focused on supporting infrastructure projects to the detriment of consumer-facing applications. If you look…
Trump, Bitcoin, and the race for tokenized capital markets
The following is a guest article from Jesse Knutson, Head of Operations at Bitfinex Securities. Donald Trump’s re-election victory and the massive success of the Bitcoin ETFs earlier in the year have been major catalysts behind Bitcoin’s ascent towards $100,000….
SEC rejecting Solana ETFs is Gensler’s ‘parting gift’ to crypto industry – Bloomberg analyst
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 4 days ago CryptoSlate’s latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape…
FSOC warns stablecoins pose stability risks, calls for legislative action to enhance oversight
The Financial Stability Oversight Council (FSOC) raised concerns that stablecoins pose a mounting risk to financial stability due to inadequate oversight and significant market concentration, according to its 2024 annual report. The report called for urgent legislative action to create…
DeFi lending on Liquidium hits 4-month high as Bitcoin soars past $100K
DeFi lending on Bitcoin-based Liquidium reached a four-month high of 21 BTC on Dec. 5, following the top asset climb to a new all-time high above $100,000. Onchain data reveals that loans against Runes accounted for 57% of Liquidium’s daily…
Long term Bitcoin HODLers in Czech Republic to pay zero capital gains tax from January
The Czech Republic approved an amendment granting exemptions for income from cryptoasset transfers. The move, passed on Dec. 6 and set to take effect on Jan. 1, 2025, introduces conditions under which individuals may exclude such income from personal taxation,…
Analysts foresee upside potential for Bitcoin beyond $100k despite some red flags
Bitcoin’s (BTC) recent breach of the $100,000 price level has sparked discussions among analysts about market conditions and potential risks — while some metrics suggest caution, others indicate room for further gains, according to analysts. VanEck head of digital assets…
Hawk Tuah Girl claims no tokens sold as memecoin launch sparks crypto community backlash
Haliey Welch, a viral internet personality known as the Hawk Tuah Girl, finds herself embroiled in controversy following the launch of her memecoin HAWK on the Solana blockchain. The token’s rapid rise and fall have drawn sharp criticism from the…
Bitcoin hits historic $100,000 price level as 1,000 sats now equal $1
For the first time, Bitcoin has surpassed the $100,000 mark, pushing its market capitalization to $2 trillion. This milestone follows a series of new all-time highs over the past few weeks, fueled by market momentum after the U.S. presidential election….
Australia’s ASIC explores stablecoins, wrapped tokens in new crypto framework
The Australian Securities and Investments Commission (ASIC) is inviting public feedback on proposed changes to its crypto regulation framework, as outlined in a Dec. 4 announcement. According to the statement: “ASIC’s position continues to be that many digital assets are…
Demand for high yield makes Ethena’s USDe third largest stablecoin
Ethena’s synthetic USDe dollar has emerged as the fastest-growing USD-pegged stablecoin over the past 30 days after its market capitalization skyrocketed 73% to an all-time high of $4.77 billion. The surge has propelled USDe to become the third-largest stablecoin, surpassing…
Bitcoin falls to $61k on South Korean exchanges as President declares martial law
Available exclusively via Bitcoin ETF options: A new tool for risk management and speculation Andjela Radmilac · 22 hours ago CryptoSlate’s latest market report dives deep into Bitcoin ETF options, their role in the market, and their potential to reshape…
Bitcoin’s path to $100K hinges on short-term holder demand – Bitfinex
Bitcoin’s (BTC) journey to a potential $100,000 price point will depend on the balance between short-term holder (STH) demand and long-term holder (LTH) profit-taking, according to the latest edition of the “Bitfinex Alpha” report. Despite a sharp 8.64% intra-week pullback…
WisdomTree joins race for spot XRP ETF as 4th filing amid impending SEC leadership change
Spot Bitcoin ETF issuer WisdomTree has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF). WisdomTree joins Bitwise, 21Shares, and Canary Capital in seeking SEC approval for spot…
Trump’s company will receive at least $15 million after Justin Sun’s investment into World Liberty tokens
Justin Sun’s TRON purchased $30 million worth of World Liberty Financial tokens earlier this week, and the investment enabled President-elect Donald Trump and his sons, Eric, Don Jr., and Barron, to get paid. World Liberty listed Trump as its “Chief…
Ripple’s stablecoin RLUSD expected to launch on Dec. 4 with NYDFS approval
Ripple Lab’s new stablecoin Ripple USD (RLUSD) is set to receive approval from the New York Department of Financial Services (NYDFS) and may be ready for launch by Dec. 4, Fox Business reported citing people familiar with the matter. Once…
How the Tornado Cash ruling is a victory for crypto
The following is a guest article from Matthew Niemerg, co-founder of Aleph Zero. The Fifth Circuit Court of Appeals handed down a landmark ruling yesterday that could fundamentally reshape how cryptocurrency protocols are regulated. In Van Loon v. Department of…
Analyst warns of ‘leverage driven pump’ as XRP price soars
CryptoQuant community analyst Maartunn highlighted that XRP’s current price increase is a “leverage-driven pump,” with a similar event in the past ending in a 17% correction. According to CryptoSlate data, XRP was priced at $1.72 as of press time, up…
Canadian media giants sue OpenAI over ChatGPT’s alleged copyright violations
A coalition of Canadian media organizations has launched a lawsuit against OpenAI, claiming the company’s ChatGPT product infringed copyrights by utilizing their journalism without authorization, according to a Nov. 29 court filing. The plaintiffs include prominent outlets such as CBC/Radio-Canada,…
Ex-Binance executive alleges retaliatory firing over bribery whistleblowing
A former senior executive at Binance has accused the company of retaliatory dismissal after she raised concerns about an alleged bribery scheme involving a colleague, Bloomberg News reported on Nov. 28. Amrita Srivastava, a London-based executive who worked remotely on…
Metaplanet continues to emulate MicroStrategy with planned $62M Bitcoin expansion
Tokyo-listed investment firm Metaplanet plans to raise 9.5 billion yen (approximately $62 million) to strengthen its Bitcoin portfolio. In a Nov. 28 statement, the company revealed that the funds will be raised through its 12th Series Moving Strike Stock Acquisition Rights….
MetaMask integrates Venmo to enhance fiat-to-crypto onramp options
MetaMask added a fiat on-ramp feature through Venmo, allowing US users to buy crypto using the payment app, according to a Nov. 27 announcement. Crypto-focused fintech Moonpay enabled the new payment method. Venmo, a PayPal subsidiary, introduced crypto transfers for…
Crypto windfalls boost homeownership dreams for low-income Americans
Low-income households in the United States are turning crypto profits into opportunities for homeownership, as revealed by a Nov. 26 report from the Office of Financial Research (OFR), a US Treasury Department research arm. Samuel Hughes, Francisco Ilabaca, Jacob Lockwood,…
XRP Ledger update introduced after node outage shakes network stability
XRP Ledger (XRPL) developers have rolled out a new server update to address a recent temporary outage that disrupted node operations. Network outage On Nov. 25, XRPL experienced a partial network outage that impacted several node types, including Full History,…
Justin Sun’s Tron network invests $30 million in Trump family-backed World Liberty Financial
Tron has invested $30 million in World Liberty Financial (WLFI), the decentralized application backed by President-elect Donald Trump’s family. Tron founder Justin Sun said in a social media post on Nov. 25 that TRON has become the largest WLFI investor….
El Salvador toys with renting 170 volcanoes to Bitcoin miners, aims to disrupt industry
El Salvador is exploring innovative ways to enhance its Bitcoin mining operations, with President Nayib Bukele proposing a unique approach—renting out the country’s volcanoes to miners. The idea, shared in a Nov. 25 social media post on X (formerly Twitter),…
Donald Trump’s Commerce Secretary picks Cantor Fitzgerald to collaborate with Tether on $2B BTC project
Financial services firm Cantor Fitzgerald, which serves as Tether’s banking partner, is looking to work with the stablecoin issuer on a program that will allow clients to borrow dollars against Bitcoin as collateral, Bloomberg reported on Sunday. While the firm…
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders
The Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress on Friday. In the letter signed by Blockchain Association CEO Kristin Smith, the organization outlined five priorities for…
Polymarket blocks French users amid regulatory probe
Polymarket, a leading blockchain-based prediction market, has restricted access to French users amid a government investigation into its compliance with national gambling laws, according to local media reports. The platform, known for enabling users to bet on real-world outcomes using…
Polymarket: A revolution in prediction markets
The post Polymarket: A revolution in prediction markets appeared first on CryptoSlate.
Ethereum inflation soars amid Dencun changes—less than 100k ETH away from pre-Merge levels
Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, according to Ultrasound.money data. Ethereum’s current inflation rate is 0.35%. The increase has brought the…
US Bitcoin ETFs surpass $100 billion, pose challenge to largest Bitcoin holders
Spot Bitcoin exchange-traded funds (ETFs) have reached an impressive benchmark, crossing $100 billion in net assets. According to SoSoValue data, this achievement represents 5.4% of Bitcoin’s total market value. Spot Bitcoin ETFs Data (Source: X/Balchunas) The 12 Bitcoin ETFs, launched…
Cryptocurrency clarified to be personal property in China, remains barred for businesses
A recent ruling by the Shanghai Songjiang People’s Court has clarified that owning cryptocurrencies is not illegal in China. The Nov. 18 judgment established that digital assets have “property attributes” under Chinese law. However, their use is strictly limited to…
DCG launches Yuma to fuel decentralized AI innovation with Bittensor
Digital Currency Group (DCG) has unveiled Yuma, a new subsidiary dedicated to accelerating startups building decentralized intelligence projects using Bittensor’s infrastructure. According to the firm’s statement, the move is a strategic foray into converging crypto and artificial intelligence (AI), two…
Switzerland regulator warns of rising crypto money laundering risks
Switzerland’s Financial Market Supervisory Authority (FINMA) has raised concerns about increasing money laundering risks in the crypto sector. The warning, detailed in FINMA’s 2024 Risk Monitor report, highlights the growing misuse of digital assets like cryptocurrencies and stablecoins for illicit…
Exchange stablecoin ratio hits record low, fueling Bitcoin surge
The exchange stablecoin ratio (ESR) is an on-chain metric that indicates the balance of liquidity between Bitcoin and stablecoins held on exchanges. The metric is calculated as the ratio of the total Bitcoin reserves to the total stablecoin reserves, essentially…
Binance launches yield-bearing stablecoin BFUSD with roughly 20% APY
Binance has launched BFUSD, a yield-bearing stablecoin for futures and perpetuals traders, according to a Nov. 18 announcement. BFUSD provides an annual percentage yield (APY) of approximately 19.55%, allowing users to earn daily rewards by holding BFUSD in their Binance…
Spot Bitcoin ETF options set to debut this week following OCC approval, analysts predict
The Office of the Comptroller of the Currency (OCC) stated in a Nov. 18 memo that it is “preparing for the clearance, settlement, and risk management” of options trading on BlackRock’s spot exchange-traded fund (ETF) iShares Bitcoin Trust (IBIT). As…
SEC chair Gary Gensler’s behavior cannot be chalked off as ‘good faith mistakes,’ says Tyler Winklevoss
The actions of the U.S. Securities and Exchange Commission (SEC) chair Gary Gensler cannot be “explained away” as “good faith mistakes,” former Olympic rower and crypto exchange Gemini co-founder Tyler Winklevoss wrote in a post on X on Saturday. He…
Crypto enforcement to take a back seat under Trump as immigration becomes priority
Republican President-elect Donald Trump promised to ease up crypto enforcement during his campaign. And that’s what’s going to happen as Trump resets policy at the Justice Department and regulatory agencies, current and former government lawyers said at a conference in…
Long-term holders are locking in profit after Bitcoin’s rally to new ATHs
Since Nov. 12, the Bitcoin market has entered a phase of significant profit-taking, with daily realized profits averaging around $5 billion — marking the highest profit levels in over a month, according to CryptoQuant data. On Nov. 12, Bitcoin investors…
Wintermute secures approval to overhaul Ethena’s revenue sharing model
The Ethena Foundation announced on Nov. 15 that the risk committee approved Wintermute’s proposal to overhaul revenue sharing for the Ethena protocol. The changes, aimed at benefiting staked ENA (sENA) holders, are expected to take effect by the end of…
Here is why Bitwise wants to convert its $1.3 billion crypto index fund to an ETF
Bitwise Asset Management is preparing to enhance its crypto product lineup by converting the Bitwise 10 Crypto Index Fund (BITW) into an exchange-traded fund (ETF), according to a Nov. 14 statement. Bitwise revealed that NYSE Arca has filed to uplist…
Solana’s daily fees and revenue hit ATH amid heightened engagement
Solana’s daily revenue hit a record high of almost $4 million, reflecting a notable rise in user engagement on the third-largest blockchain network by market cap. DeFillama data shows that Solana earned $3.81 million in revenue over the past 24…
Digital Chamber urges US government to allow small crypto holdings for employees
The Digital Chamber of Commerce has urged the US Office of Government Ethics to reconsider prohibiting federal employees from holding crypto. In a Nov. 13 letter to Acting Director Shelley Finlayson, the blockchain advocacy group proposed that the Ethics Office…
BlackRock strengthens tokenization push with BUIDL’s multi-chain expansion
BlackRock’s USD Institutional Digital Liquidity Fund (BUIDL) has expanded its reach to multiple blockchain networks, including Aptos, Arbitrum, Avalanche, Optimism, and Polygon, according to a Nov. 13 statement. This expansion is part of BlackRock’s strategy to strengthen its tokenization efforts, transforming…
Linea Association unveils plan for decentralized governance with LINEA token
At Devcon in Bangkok, the Linea Association announced its formation to oversee the development and governance of Linea’s open-source technology and ecosystem. The Swiss non-profit aims to decentralize the Linea Network—the zkEVM Layer-2 solution designed to scale Ethereum—by launching the…
Fed Governor Waller questions CBDC utility for payments
Federal Reserve Governor Christopher Waller recently expressed skepticism about the need for a central bank digital currency (CBDC) in the US payment system Waller made the comments during a speech at The Clearing House Annual Conference 2024 on Nov. 12,…
China-based Nano Labs turns to Bitcoin payments amid potential policy shift in the country
China-based crypto mining chip designer Nano Labs is now accepting Bitcoin as payment for its products through its business account on Coinbase, according to a Nov. 11 statement. The firm said it adopted Bitcoin payments in response to increasing demand…
Hedge funds and venture capital firms expect Solana will hit $600 this cycle – Survey
Most venture capital and hedge funds expect Solana (SOL) to reach at least $600 in this bull cycle, according to the “Q4 2024 Crypto Investment Manager Survey” by MV Global. Almost a third of the survey respondents believe SOL will…
Unpaid royalties are killing artists’ earnings
Globally, music professionals are missing millions, if not billions, of dollars in royalties. This isn’t just an occasional oversight or technical flaw; it’s a fundamental problem within an industry that wants to prevent its evolution to preserve profits. Does that…
Excitement over Trump’s win pushes Bitcoin price above $80k
Bitcoin (BTC) price hit a new record on Nov. 10 by briefly crossing the $80,000 mark, data from CryptoSlate shows. Bitcoin’s all-time high price comes at the heels of Donald Trump winning the U.S. elections, which instilled hope of pro-crypto…
Crypto mergers and acquisitions expected to spike under second Trump presidency
Former president Donald Trump is set to return to the White House in January after winning the election on Tuesday. During the campaign, Trump made several promises to the crypto community, one of which was to fire the U.S. Securities…
TRON DAO Participates as Gold Sponsor at Binance Blockchain Week in Dubai
Disclosure: This is a sponsored post. Readers should conduct further research prior to taking any actions. Learn more › Geneva, Switzerland, November 9, 2024 – TRON DAO participated as a Gold Sponsor at Binance Blockchain Week 2024, held from October…
Deutsche central bank joins Singapore’s Project Guardian to advance tokenization, digital funds
The German central bank (Deutsche Bundesbank) has joined Project Guardian, a Singapore-led initiative pushing to reshape global capital markets through asset tokenization. The Monetary Authority of Singapore (MAS) launched Project Guardian in 2022 to unite financial heavyweights and policymakers worldwide….
BlackRock sees historic $1.1 billion inflow as spot Bitcoin ETFs have best day ever
BlackRock’s IBIT recorded a historic inflow of $1.12 billion on Nov. 7, surpassing previous combined totals for all spot Bitcoin exchange-traded funds. This significant capital movement marks the largest single-day inflow in the history of spot Bitcoin ETFs. Bitcoin ETF…
Crypto market remains bullish following Fed rate cut
Following a meeting on Nov. 7, the Fed’s Federal Open Market Committee (FOMC) cut the US interest rate by another 25 basis points (bps), lowering it to 4.5% from 4.75%. The crypto and equities markets remained unfazed, as investors likely…
Increased demand and heightened volatility signal further upside for Bitcoin – Glassnode
Bitcoin (BTC) soared to a new all-time high on Nov. 6 and is poised for further upside, spurred by significant institutional and retail capital inflows and rising market volatility, according to Glassnode’s latest “Week On-chain” report. The landmark surge comes…
$6.7B TVL surge marks Solana’s growing dominance in DeFi
Solana’s momentum has surged in the past 24 hours, with its price climbing 11% to reach $185, outpacing all other top 10 digital assets by market capitalization. This price movement follows a broader market trend influenced by President Donald Trump’s…
Crypto venture funding hits $860 million in October, highest in over 6 months
Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since April’s $954 million earlier in the year, according to DefiLlama data. Investments in the blockchain gaming…
These are the most important crypto races in the US Election today outside of the Presidency
Outside of today’s Presidential Election, the crypto industry is significantly impacting the 2024 US Senate races by channeling substantial financial support to pro-cryptocurrency candidates, aiming to influence the legislative landscape. In the presidential race, Trump has been the more vocal…
US markets, Bitcoin poised for rally regardless of elections outcome
Fundstrat Global Advisors’ Tom Lee and analysts from Bernstein predict robust markets heading into 2025, regardless of the results of the upcoming US presidential election. While Lee expects a broader market rally across sectors, Bernstein highlighted Bitcoin’s (BTC) resilience amid…
Crypto asset products surpass $100 billion AuM, driven by Bitcoin’s strong inflows and election optimism
Digital asset investment products saw inflows of $2.2 billion last week, bringing total inflows this year to a record-breaking $29.2 billion, according to CoinShares‘ latest report. The strong performance, coupled with recent Bitcoin price increases around $70,000, lifted the sector’s…
The FDIC has told banks to refrain from providing crypto services in over 20 cases, Coinbase finds
Coinbase chief legal officer Paul Grewal said that the crypto exchange has discovered over 20 instances where the Federal Deposit Insurance Corporation (FDIC) asked banks to “pause” or “refrain from providing” or “not proceed” with crypto-related banking services. In an…
Donald Trump’s World Liberty will limit token sales in the US to $30 million
World Liberty Financial, a decentralized finance (DeFi) crypto project being promoted by former president Donald Trump and his sons, will only sell up to $30 million of its tokens in the U.S., Bloomberg reported on Saturday. According to a notice…
Time for Trump (or Kamala) to pledge to buy 20% of the entire Bitcoin supply
The following is a guest post by Kadan Stadelmann, CTO of Komodo Blockchain. After weeks of a neck-to-neck presidential campaign between the Democratic and Republican nominees, Donald Trump’s odds of being elected to President of the US are on the…
21Shares files S-1 application for an XRP ETF
Asset management company 21Shares has joined the list of firms that have filed applications with the US Securities and Exchange Commission (SEC) for a spot XRP exchange-traded fund (ETF). On Nov. 1, 21Shares submitted an S-1 form to register its…
DOJ indicts Gotbit CEO for allegedly orchestrating massive wash trading scheme
The Department of Justice has indicted Aleksei Andriunin, founder and CEO of crypto financial services firm Gotbit, on charges of wire fraud and conspiracy to commit market manipulation. Andriunin, a Russian national residing in Portugal, allegedly orchestrated a scheme to…
Judge may call Craig Wright back to the UK so he cannnot ‘hide behind a keyboard from a closet in Thailand’
Craig Wright, who is not Satoshi, attended a court hearing today concerning a contempt application filed by the Cryptocurrency Open Patent Alliance (COPA). The judge scheduled the contempt hearing for Dec. 18, with discussions on whether Wright must appear in…
SEC crackdown continues with Immutable latest to receive Wells Notice
The SEC has issued a Wells notice to blockchain gaming platform Immutable in what has become a widespread crackdown on crypto companies ahead of the US election. Immutable said in an Oct. 31 blog post that the move is the…
Asia emerges as new crypto developer powerhouse, leaving US behind
Asia has surpassed North America as the leading hub for crypto developers, according to a report from Electric Capital. Maria Shen, partner at Electric Capital, pointed out that Asia has steadily increased its share of global crypto developers, climbing from…
Bitcoin and Ethereum dominate 97% of trades on Crypto.com
Crypto.com’s monthly spot trading volume jumped to $139 billion in October, more than doubling the $57 billion recorded by Coinbase, the Block reported on Oct. 30. A look at trading activity on the platform shows that 97% of the exchange…
Visa celebrates Coinbase partnership to offer instant crypto deposits
TradFi payment company Visa is championing a new partnership with Coinbase to offer instant deposit services for customers using eligible debit cards, according to an Oct. 29 statement. Visa’s Head of Crypto, Cuy Sheffield, commented, “Excited for Visa to partner…
Chainlink CCIP powers Lido’s new cross-chain staking on Arbitrum, Base, and Optimism
Lido has announced the integration of Chainlink’s Cross-Chain Interoperability Protocol (CCIP) to enable cross-chain staking across Ethereum layer-2 networks such as Arbitrum, Base, and Optimism, according to an Oct. 29 statement shared with CryptoSlate. This integration will power Lido’s Direct…
Bitcoin records over $880 million net inflows in 2 days as Bitcoin broke $71k
Bitcoin exchange-traded funds (ETFs) saw substantial inflows of a combined $881 million across Oct. 25 and 28, continuing a trend of significant investment activity since mid-October. On Friday, Oct. 25, total inflows reached $402 million, with the iShares Bitcoin Trust…
HKMA partners up with Brazilian central bank to test cross-border tokenization
The Hong Kong Monetary Authority (HKMA) announced a new partnership with Banco Central do Brasil (BCB) to advance cross-border tokenization initiatives, joining their respective digital currency infrastructures to conduct experimental transactions under Project Ensemble and Brazil’s Drex pilot program. The…
Bitmain denies connection to US supply chain investigation linked to Huawei chips
Bitmain has issued a statement distancing itself from recent media reports linking the company to a supply chain investigation involving Huawei. The Bitcoin mining equipment manufacturer emphasized that it is not engaged in such investigations and reserves the right to…
Coinbase developer launches new tool to help users build AI agents in minutes
Coinbase developer Lincoln Murr announced the launch of a new tool called ‘Based Agent’ in an X post on Oct. 26. According to Murr, the tool will allow users to build an artificial intelligence (AI) agent using their crypto wallet…