Posts

Showing posts from January, 2025

Coinbase to List Solana Futures Amid Growing Crypto Demand

Image
Coinbase to List Solana Futures Amid Growing Crypto Demand In order to list Solana (SOL) futures contracts on Coinbase Derivatives, its subsidiary trading platform, Coinbase has applied for self-certification. The action, which will provide traders access to cash-settled Solana futures beginning February 18, 2025, represents a major expansion in the cryptocurrency derivatives market. The Solana futures contracts will be offered in two sizes: normal contracts representing 100 SOL (currently priced at ... cryptonews today

Pump.fun Faces Lawsuit Alleging All Memecoins Are Securities

Image
Pump.fun Faces Lawsuit Alleging All Memecoins Are Securities A planned class-action complaint against Pump.fun, a Solana-based memecoin platform, alleges that all tokens issued on the platform are unregistered securities, resulting in fees of around $500 million. Claims of Market Manipulation and Securities Violations Diego Aguilar filed the case on January 30 in a federal court in New York, alleging that Pump.fun and its purported parent company, Baton Corporation, based in the United King... Pump.fun Faces Lawsuit Alleging All Memecoins Are Securities Coinatory

Elon Musk’s Father Eyes $200M Raise with ‘Musk It’ Memecoin

Image
Elon Musk’s Father Eyes $200M Raise with ‘Musk It’ Memecoin Elon Musk’s father, Errol Musk, is set to be the latest high-profile figure leveraging the growing memecoin trend, aiming to raise $200 million through his own cryptocurrency project, Musk It (MUSKIT). Memecoin Madness Picks Up Speed US President Donald Trump's introduction of the Official Trump (TRUMP) and Official Melania (MELANIA) tokens on the Solana blockchain in mid-January recently stoked a renewed interest in memecoins amo... Coinatory cryptocurrencies news

Kraken Resumes Crypto Staking After $30M SEC Settlement

Image
Kraken Resumes Crypto Staking After $30M SEC Settlement Kraken has reopened bitcoin staking services for U.S. consumers in 39 states that qualify, almost two years after reaching a settlement with the Securities and Exchange Commission (SEC) for $30 million. As the U.S. government reevaluates its approach to crypto supervision, the action suggests possible regulatory changes in the digital asset sector. Kraken's Return to Staking Following SEC Crackdown Kraken agreed to settle claims of securities... Coinatory crypto news

Upcoming economic events 31 January 2025

Image
Upcoming economic events 31 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsPPI (QoQ) (Q4)1.0%0.9%00:302 pointsPPI (YoY) (Q4)----------3.9%13:303 pointsCore PCE Price Index (YoY) (Dec)2.8%2.8%13:303 pointsCore PCE Price Index (MoM) (Dec)0.2%0.1%13:302 pointsEmployment Cost Index (QoQ) (Q4)0.9%0.8%13:302 pointsFOMC Member Bowman Speaks--------------------13:302 pointsPCE Price index (YoY) (Dec)2.6%2.4%13:302 pointsPCE price index (MoM) (Dec)0.3%0.1%13:302 ... cryptocurrency news today

Grayscale Launches Bitcoin Miners ETF for Crypto Investors

Image
Grayscale Launches Bitcoin Miners ETF for Crypto Investors The Grayscale Bitcoin Miners ETF (MNRS), an exchange-traded fund created by Grayscale Investments, aims to expose investors to publicly traded Bitcoin mining firms. For individuals who wish to participate in the Bitcoin mining industry without actually holding the cryptocurrency, the ETF provides a strategic entry point by tracking the Indxx Bitcoin Miners Index. Focused Exposure to the Mining Sector of Bitcoin Bitcoin miners are essential to... crypto news today

Gemini Will not Hire MIT Graduates Over Gary Gensler’s SEC Legacy

Image
Gemini Will not Hire MIT Graduates Over Gary Gensler’s SEC Legacy Gemini, a cryptocurrency exchange, has declared that it will not hire MIT graduates unless the university breaks off its relationship with former SEC Chair Gary Gensler. Gemini’s co-founder and CEO, Tyler Winklevoss, made the declaration in a Jan. 30 post on X (formerly Twitter), stating, “As long as MIT has any association with Gary Gensler, Gemini will not hire any graduates from this school.” The employment ban also applies to Gemini'... Coinatory news

SoSoValue Airdrop Season 2 & Staking Rewards Campaign

Image
SoSoValue Airdrop Season 2 & Staking Rewards Campaign SoSoValue Airdrop is a specialized financial research platform tailored for cryptocurrency investors. It delivers precise, high-quality macro market insights, enabling users to conduct smarter and more efficient investment research. Powered by AI, its classified news and research system links macroeconomic data with the crypto market, providing investors with a comprehensive and in-depth perspective. Investment raised: $19MValuation: $20... crypto news

Texas Plans Bitcoin Reserve as 2025 Priority

Image
Texas Plans Bitcoin Reserve as 2025 Priority Texas is positioned as a pioneer in incorporating cryptocurrency into its financial strategy after Lieutenant Governor Dan Patrick announced intentions to create a Texas Bitcoin Reserve. The plan is expected to be a top legislative priority in the 2025 session, further solidifying Texas' standing as a blockchain-friendly state. “Over the last four years, the Texas Senate held the line, fighting back against President Biden’s disastrous agenda... cryptocurrency news

Ripple CEO Confirms Talks with Trump on XRP as U.S. Reserve Asset

Image
Ripple CEO Confirms Talks with Trump on XRP as U.S. Reserve Asset Brad Garlinghouse, the CEO of Ripple, revealed that he discussed adding XRP to the US strategic reserve with President Donald Trump. He maintained that a diverse cryptocurrency portfolio that included more than just Bitcoin would help domestic blockchain businesses and improve U.S. financial status. Garlinghouse emphasized that there is space for several victors in the cryptocurrency space and denied rumors that his support for XRP was a... crypto news

Upcoming economic events 30 January 2025

Image
Upcoming economic events 30 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsGDP (YoY) (Q4)1.0%0.9%10:002 pointsGDP (QoQ) (Q4)0.1%0.4%10:002 pointsUnemployment Rate (Dec)6.3%6.3%13:153 pointsDeposit Facility Rate (Jan)2.75%3.00%13:152 pointsECB Marginal Lending Facility----------3.40%13:152 pointsECB Monetary Policy Statement--------------------13:153 pointsECB Interest Rate Decision (Jan)2.90%3.15%13:302 pointsContinuing Jobless Claims1,890K1,899K13:302 p... Coinatory

Ethereum Upgrades Fail to Boost ETH Price

Image
Ethereum Upgrades Fail to Boost ETH Price According to analysts, Ethereum's improvements have not yet had the immediate market impact required to support a positive rise, despite continuous improvements aimed at long-term blockchain adoption. Since the 2022 Merge, Ethereum (ETH) has not been able to produce the expected market momentum and has struggled to match Bitcoin's performance. The Singapore-based blockchain company Matrixport noted in a recent research note that the price of ... Coinatory cryptocurrency news

South Dakota Eyes Bitcoin Reserve as Crypto Adoption Grows

Image
South Dakota Eyes Bitcoin Reserve as Crypto Adoption Grows In a major step toward recognizing Bitcoin as a state asset, South Dakota is ready to debate a historic law that would add the cryptocurrency to its financial reserves. State Representative Logan Manhart announced the initiative on X, stating, “I am proud to say I will be bringing a bill in the South Dakota House that would create a strategic Bitcoin reserve. This is one of the rare opportunities the government has to take the initiative... Coinatory cryptocurrency news

Unichain Testnet - Mint "UniChain Alien" NFT

Image
Unichain Testnet - Mint "UniChain Alien" NFT Uniswap (UNI) is a leading force in the decentralized finance (DeFi) space. In late 2024, Uniswap Labs took a major step forward by launching the Unichain Testnet—a Layer 2 network designed specifically for DeFi to overcome the challenges of transacting directly on Ethereum. In this guide, we’ll explain how to mint a new NFT on the Unichain network. A few words about the new NFT: Unichain Alien captures a cosmic encounter, as a mysteriou... crypto news today

Ripple Lawsuit Still Listed on SEC Website Despite Rumors

Image
Ripple Lawsuit Still Listed on SEC Website Despite Rumors The dispute may be coming to a close, according to social media speculation that the U.S. Securities and Exchange Commission (SEC) had taken Ripple's civil action off from its website. Experts have verified that the case is still available online, but under altered headings on the SEC's website. When social media users noticed that Ripple's case was no longer included in the SEC's website's "Litigation Releases" section, the debate started. L... Coinatory

Upcoming economic events 29 January 2025

Image
Upcoming economic events 29 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsCPI (YoY) (Q4)2.5%2.8%00:302 pointsCPI (QoQ) (Q4)0.3%0.2%00:302 pointsTrimmed Mean CPI (QoQ) (Q4)0.6%0.8%13:152 pointsECB Monetary Policy Statement--------------------13:302 pointsGoods Trade Balance (Dec)-105.30B-103.50B13:302 pointsRetail Inventories Ex Auto (Dec)----------0.5%13:453 pointsECB Press Conference  --------------------15:302 pointsAtlanta Fed GDPNow (Q4)------------... Coinatory cryptocurrencies news

KuCoin pleads guilty: Exec steps down over $297M fines

Image
KuCoin pleads guilty: Exec steps down over $297M fines In a significant enforcement action by U.S. regulators, the cryptocurrency exchange KuCoin entered a guilty plea on January 28 to accusations of running an unauthorized money transferring company. The corporation was fined a hefty $297 million and forced to withdraw from the U.S. market for two years after admitting to not putting in place necessary anti-money laundering (AML) safeguards. The Southern District of New York U.S. Attorney's Offi... cryptocurrency news today

Ripple Secures Texas and New York Licenses Amid Legal Challenges

Image
Ripple Secures Texas and New York Licenses Amid Legal Challenges In a major step toward growing its regulated operations in the US, blockchain-based payments company Ripple Labs has announced that it has obtained money transmitter licenses in Texas and New York. Financial regulators in these two crucial jurisdictions have awarded licenses to Ripple, allowing the company to offer cross-border payment solutions, the company announced in a statement on January 27. Ripple has demonstrated its dedication t... Coinatory

Arizona Senate Advances Bitcoin Reserve Bill

Image
Arizona Senate Advances Bitcoin Reserve Bill The "Arizona Strategic Bitcoin Reserve Act" (SB1025) was passed by the state Senate Finance Committee on January 27 by a vote of 5-2, marking a major step in Arizona's adoption of Bitcoin. Senators Wendy Rogers and Jeff Weninger are co-sponsors of the bill, which would let the state to invest up to 10% of public funds, including those under the control of the state treasurer and retirement systems, in Bitcoin and other digital assets. Th... cryptocurrency news today

Starknet Confirms STRK Staking v2 Launch in Q2 2025

Image
Starknet Confirms STRK Staking v2 Launch in Q2 2025 In order to strengthen network security and decentralization, Starknet has revealed that the second stage of staking for its native STRK coin will start as early as Q2 2025 and will introduce increased validator participation. After the successful completion of the first staking phase in late 2024, the Ethereum Layer-2 scaling solution announced the upgrade on January 27. In September 2024, Starknet first introduced its proof-of-stake system,... cryptonews today

Brazil Bans Worldcoin’s Crypto Incentives for Eye Scans

Image
Brazil Bans Worldcoin’s Crypto Incentives for Eye Scans Tools for Humanity (TFH), the firm behind the biometrics-driven World ID initiative, has been ordered by Brazil's National Data Protection Authority (ANPD) to cease providing bitcoin or other financial incentives in return for gathering biometric data from its inhabitants. The order, which was issued on January 24, forbids World Network, formerly known as Worldcoin, from conducting business in Brazil as of January 25. The decision is the... crypto news

Upcoming economic events 28 January 2025

Image
Upcoming economic events 28 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsNAB Business Confidence (Dec)-----------305:002 pointsBoJ Core CPI (YoY)1.7%1.7%13:302 pointsCore Durable Goods Orders (MoM) (Dec)0.3%-0.2%13:303 pointsDurable Goods Orders (MoM) (Dec)0.1%-1.2%14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Nov)4.2%4.2%14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Nov)-----------0.2%15:003 pointsCB Consumer Confidence (Jan)105.... Upcoming economic events 28 January 2025 Coinatory

MicroStrategy Expands Bitcoin Holdings with $1.1B Purchase

Image
MicroStrategy Expands Bitcoin Holdings with $1.1B Purchase With the announcement of a $1.1 billion acquisition of 10,101 BTC and the introduction of a new securities offering to fund additional investments, MicroStrategy maintains its aggressive Bitcoin acquisition strategy. The biggest corporate Bitcoin holder in the world, MicroStrategy, has increased its BTC holdings once more, reaching an all-time high of 471,101 tokens. Michael Saylor, the executive chairman of the company, revealed this most re... crypto news today

Grab Your Share of 250,000 $AIXBT Prize Pool on OKX

Image
Grab Your Share of 250,000 $AIXBT Prize Pool on OKX Start trading $AIXBT by VIRTUALS on OKX today! Deposit and trade to claim your share of the 250,000 $AIXBT prize pool. Complete all the steps during the event to earn 5 $AIXBT! This promotion is open to both new and existing users, but only the first 40,000 participants who complete all the steps will receive rewards. Don’t miss out! Promotion Period: January 24, 2025, 12:00 AM UTC – February 7, 2025, 11:59 PM UTC Exclusively for ... Coinatory news

AI Coins Plunge as Chinese Startup DeepSeek Disrupts Market

Image
AI Coins Plunge as Chinese Startup DeepSeek Disrupts Market Early Asian trading hours on Monday saw a sharp decline in the AI cryptocurrency market after DeepSeek, a Chinese artificial intelligence business, gained notoriety for its affordable AI models. Significant AI-focused tokens suffered price drops of 8% to 10%, including Near Protocol (NEAR), Internet Computer (ICP), Render (RENDER), and Filecoin (FIL). During Sunday's overnight trading session, the Nasdaq 100 futures saw a steep decline of 330 p... cryptocurrency news today

Saylor Signals Bitcoin Buy as BTC Consolidates Near $104K

Image
Saylor Signals Bitcoin Buy as BTC Consolidates Near $104K The largest corporate Bitcoin holder in the world, MicroStrategy, is still in the news because its co-founder, Michael Saylor, has hinted at another big Bitcoin acquisition. SaylorTracker reports that the company's Bitcoin investment has increased by more than 65%, with unrealized gains totaling more over $19 billion. Saylor posted the Bitcoin tracker on social media for the twelfth week in a row, indicating that more Bitcoin might be purchas... cryptocurrency news

Upcoming economic events 27 January 2025

Image
Upcoming economic events 27 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious01:302 pointsChinese Composite PMI (Jan)52.152.201:303 pointsManufacturing PMI (Jan)50.150.101:302 pointsNon-Manufacturing PMI (Jan)----------52.208:102 pointsECB President Lagarde Speaks--------------------13:002 pointsBuilding Permits (Dec)1.483M1.493M15:002 pointsNew Home Sales (MoM) (Dec)----------5.9%15:003 pointsNew Home Sales (Dec)669K664K15:352 pointsECB President Lagarde Speaks-------... crypto news today

Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency

Image
Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency According to Binance's CZ, governments should adopt blockchain technology to increase transparency in public spending. Changpeng Zhao (CZ), a co-founder of Binance, has urged all countries to use blockchain technology to track public expenditure as the world's sovereign debt approaches $102 trillion. CZ underlined the need of fiscal transparency in a post on X (previously Twitter) on January 25. The tweet read: "Unpopular opinion: All governm... Tracking Government Spending on Blockchain: CZ’s Proposal for Transparency

Unlock the $WCT Airdrop: Join WalletConnect Quests on Layer3 and Claim Your Share of 250,000 Tokens!

Image
Unlock the $WCT Airdrop: Join WalletConnect Quests on Layer3 and Claim Your Share of 250,000 Tokens! WalletConnect is an on-chain UX platform that equips developers with tools to build secure and intuitive user experiences for digital ownership. Its two flagship products are AppKit, for creating top-tier on-chain app experiences, and WalletKit, which streamlines wallet connections across thousands of apps. With a focus on easy integration, scalability, and customization, Reown aims to simplify web3 technologies and make them more accessible fo... Coinatory

Elon Musk’s DOGE Targets Costly U.S. Penny Production

Image
Elon Musk’s DOGE Targets Costly U.S. Penny Production In an attempt to reduce federal spending, Elon Musk's Department of Government Efficiency (DOGE) has set its eyes on the U.S. penny, an unexpected place to start. The organization, which was first established under the Trump administration, pointed out a startling inefficiency in U.S. Mint operations in a tweet on Tuesday. According to the Mint's 2024 data, each penny costs roughly 3.7 cents to make, while having a 1-cent face value. Approximate... cryptocurrency news

Ripple Seeks April Deadline for Cross-Appeal in SEC Case

Image
Ripple Seeks April Deadline for Cross-Appeal in SEC Case The deadline for Ripple Labs' cross-appeal brief in its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC) has been set for April 16, 2025. Ripple co-founder Chris Larsen and CEO Brad Garlinghouse supported the move, which was filed on January 23, 2025, with the U.S. Court of Appeals for the Second Circuit. Michael Kellogg, a lawyer for Ripple, filed the document, which read as follows: Regarding the aforementione... cryptocurrency news today

Trump Sparks Global Crypto Race, Says Coinbase CEO Brian Armstrong

Image
Trump Sparks Global Crypto Race, Says Coinbase CEO Brian Armstrong During the World Economic Forum, Coinbase CEO Brian Armstrong emphasizes the impact of US President Donald Trump on the cryptocurrency market. According to Coinbase CEO Brian Armstrong, President Donald Trump's audacious plans for cryptocurrencies and AI are sparking revolutionary discussions not just in the cryptocurrency space but also in the larger financial sector. Following his attendance at the World Economic Forum (WEF) in ... cryptonews today

Maximize Your Rewards in the Tabi Airdrop: Burn $GG Tokens

Image
Maximize Your Rewards in the Tabi Airdrop: Burn $GG Tokens We are already participating in the Tabi Airdrop. If you have also completed tasks and earned $GG tokens, now we have the opportunity to burn our tokens to receive the airdrop. Tabi announced on their official X (Twitter) account that this will be a criterion for receiving the airdrop. Investments in the project: $36M Investors: Hashkey Capital, Animoca Brands Step-by-Step Guide: Firstly, we need to get test Tabi tokens. Go to website ... crypto news today

US Lawmakers Endorse Trump’s Push on Crypto and AI Policies

Image
US Lawmakers Endorse Trump’s Push on Crypto and AI Policies French Hill and Bryan Steil, two prominent U.S. legislators, have expressed their support for former President Donald Trump's recent executive actions that target advances in artificial intelligence (AI) and digital assets. Steil, the chair of the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee, and Hill, the chair of the House Financial Services Committee, stressed the significance of these actions in preserving A... cryptocurrency news

Riot Platforms VP Slams Ripple for Undermining Bitcoin Reserve

Image
Riot Platforms VP Slams Ripple for Undermining Bitcoin Reserve Riot Platforms Vice President Pierre Rochard has charged Ripple with spearheading a vigorous lobbying effort to thwart the creation of a Strategic Bitcoin Reserve. In an article published on X (previously Twitter) on January 23, Rochard said that Ripple is still spending millions to defend its story around XRP and support central bank digital currencies (CBDCs) in opposition to the popularity of Bitcoin. "They attacked Bitcoin mining during t... Coinatory cryptocurrency news

South Korea Unveils Blockchain Digital IDs for Enhanced Security

Image
South Korea Unveils Blockchain Digital IDs for Enhanced Security With the introduction of blockchain-secured digital IDs, South Korea is transforming its national identity system. With the help of this new project, the 1968-era ID system will be digitalized, giving its residents more security. Targeting citizens 17 years of age and up, the pilot program will begin in nine regions, including Sejong, Yeosu, and Geochang. Even if digital IDs are becoming more popular worldwide, cybersecurity is still a m... crypto news today

KGeN Airdrop: Join the Gaming Revolution Backed by $37M Investments

Image
KGeN Airdrop: Join the Gaming Revolution Backed by $37M Investments KGeN Airdrop brings gamers together, creating communities that span across different genres and locations. Players connect through their shared love for gaming and by showcasing their achievements, which help build their reputation. These verified player profiles give publishers valuable insights to personalize experiences and foster player loyalty. KGeN is a dual-purpose platform: an engagement hub and an e-commerce marketplace, specifically d... Coinatory crypto news

Trump Signs Executive Order to Bolster U.S. Crypto Leadership

Image
Trump Signs Executive Order to Bolster U.S. Crypto Leadership The creation of the Presidential Working Group on Digital Asset Markets through an executive order issued by former President Donald Trump is a significant move for the bitcoin industry. Eleanor Terrett, a reporter for Fox Business, said the goal of this project is to strengthen the US' standing as a global leader in digital finance. The goal of the recently established Working Group is to develop a federal regulatory framework for digital as... Trump Signs Executive Order to Bolster U.S. Crypto Leadership

Senator Lummis Appointed Chair of Senate Subcommittee on Digital Assets

Image
Senator Lummis Appointed Chair of Senate Subcommittee on Digital Assets The head of the Senate Banking Committee, Senator Rick Scott, has named Senator Cynthia Lummis of Wyoming as the chair of the Senate Banking Subcommittee on Digital Assets. It is anticipated that Lummis' leadership would influence important laws and regulatory supervision in the field of digital assets. Important Goals for the Subcommittee Lummis listed the subcommittee's two main objectives: The focus is on comprehensive digital asset ... cryptonews

Upcoming economic events 24 January 2025

Image
Upcoming economic events 24 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Services PMI (Jan)----------50.902:302 pointsBoJ Monetary Policy Statement--------------------03:002 pointsBoJ Outlook Report (YoY)--------------------03:003 pointsBoJ Interest Rate Decision0.50%0.25%06:302 pointsBoJ Press Conference--------------------09:002 pointsHCOB Eurozone Manufacturing PMI45.645.109:002 pointsHCOB Eurozone Composite PMI 49.749.609:002 pointsHC... Coinatory

Justin Sun Criticizes Coinbase Amid World Liberty Financial’s Move to wBTC

Image
Justin Sun Criticizes Coinbase Amid World Liberty Financial’s Move to wBTC Justin Sun Supports World Liberty Financial's Decision to Use wBTC Rather Than cbBTC Justin Sun, the founder of TRON, has been quite critical of World Liberty Financial's recent decision to use Wrapped Bitcoin (wBTC) rather than Coinbase's cbBTC, accusing Coinbase of having "unreliable custody practices." The action also demonstrates the growing competition between the vocal blockchain entrepreneur and the cryptocurrency exchange. In a Jan... crypto news today

Bitcoin Not a Threat to US Dollar, Says Goldman Sachs CEO

Image
Bitcoin Not a Threat to US Dollar, Says Goldman Sachs CEO David Solomon, the CEO of Goldman Sachs, said he is confident in the US dollar's hegemony and that Bitcoin does not seriously threaten the US dollar's position as the global reserve currency. Solomon called Bitcoin a “interesting speculative asset” with valuable underlying technology in an interview with CNBC at the World Economic Forum in Davos, Switzerland. “I do not think Bitcoin is a threat to the US dollar,” Solomon said on January 22, ... Coinatory cryptocurrency news

Ethereum Enlists Vivek Raman for Institutional Blockchain Push

Image
Ethereum Enlists Vivek Raman for Institutional Blockchain Push Vivek Raman, a former bond trader for Nomura and UBS, is the leader of the new Ethereum-focused business Etherealize, which debuted in New York on Wednesday. Supported by Vitalik Buterin, a co-founder of Ethereum, the effort seeks to establish Ethereum as the preferred blockchain for institutional investors. "All roads flow through ETH. We'll show the world why," Etherealize declared in a statement on X (formerly Twitter). The business a... Coinatory crypto news

BlackRock CEO Predicts Bitcoin at $700K; Firm Acquires $600M in BTC

Image
BlackRock CEO Predicts Bitcoin at $700K; Firm Acquires $600M in BTC The CEO of BlackRock predicts that Bitcoin will hit $700,000. BlackRock CEO Larry Fink had a bold prediction for Bitcoin when he spoke at the World Economic Forum in Davos. He predicted that if sovereign wealth funds invested 2% to 5% of their portfolios in Bitcoin, the cryptocurrency might reach a price of $700,000. "You have an international tool called Bitcoin to overcome those fears if you're afraid of devaluation or local political insta... crypto news today

Coinbase asks US appeals court to clarify crypto regulation

Image
Coinbase asks US appeals court to clarify crypto regulation To find out if bitcoin transactions on its platform are subject to federal securities laws, Coinbase, the biggest cryptocurrency exchange in the US, has petitioned the U.S. Court of Appeals for the Second Circuit. This legal move is the result of a well-known conflict with the Securities and Exchange Commission (SEC), who filed a complaint against Coinbase in 2023, alleging that the exchange was functioning as an unregistered securities platf... Coinatory cryptocurrency news

Upcoming economic events 23 January 2025

Image
Upcoming economic events 23 January 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsNAB Business Confidence (Dec)-----------313:302 pointsContinuing Jobless Claims1,860K1,859K13:303 pointsInitial Jobless Claims221K217K16:003 pointsU.S. President Trump Speaks--------------------17:003 pointsCrude Oil Inventories-----------1.962M17:002 pointsCushing Crude Oil Inventories----------0.765M18:002 points10-Year TIPS Auction----------2.071%21:302 pointsFed's Balance Shee... Coinatory news

Vitalik Buterin on Ethereum Foundation’s Decentralized Role

Image
Vitalik Buterin on Ethereum Foundation’s Decentralized Role Vitalik Buterin has highlighted the Ethereum Foundation's (EF) supportive, rather than controlling, role in promoting decentralization in response to worries regarding the organization's leadership and perceived control over the Ethereum ecosystem. The Function of Ethereum Foundation in the Ethereum Ecosystem at Large According to Buterin, the Ethereum Foundation is but one part of a much bigger, decentralized network of businesse... cryptonews

Ethereum ETF Issuers Eye Staking Approval

Image
Ethereum ETF Issuers Eye Staking Approval With Ether exchange-traded fund (ETF) issuers expressing optimism about obtaining clearance for staking-focused products, the Ethereum ecosystem may soon see a revolutionary regulatory move. In a recent interview with Cointelegraph, Joe Lubin, the co-founder of Ethereum and the creator of Consensys, revealed these revelations. Advancements in ETF Staking “We’ve been in discussions with the ETF providers, and they’re already work... Coinatory

Texas Court Reverses Tornado Cash Sanctions

Image
Texas Court Reverses Tornado Cash Sanctions The U.S. District Court for the Western District of Texas has reversed sanctions against Tornado Cash, a cryptocurrency mixing protocol, in a landmark decision for privacy-focused cryptocurrency technologies. The ruling, which was made on January 21, is a major win for proponents of innovative crypto regulations in the US. Tornado Cash Sanctions Background Tornado Cash was first sanctioned by the Treasury's Office of Foreign Asset... Texas Court Reverses Tornado Cash Sanctions Coinatory

Coinbase May Delist Tether Amid U.S. Regulation Push

Image
Coinbase May Delist Tether Amid U.S. Regulation Push If future U.S. legislation require it, Coinbase, the biggest cryptocurrency exchange in the country, has indicated that it is prepared to delist Tether (USDT), the stablecoin with a market value of $138 billion. Coinbase CEO Brian Armstrong stated in a Wall Street Journal article that possible laws under the Biden administration would mandate that stablecoins keep all of their deposits in U.S. Treasury bonds and submit to regular audits for incr... cryptonews