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Showing posts from February, 2025

Bitcoin’s Price Correction May Extend Until April—Here’s Why

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Bitcoin’s Price Correction May Extend Until April—Here’s Why A recent research by Matrixport predicts that the price of bitcoin will continue to be under pressure until at least April. The research attributes the current fall to macroeconomic issues and changes in global liquidity, specifically the stronger U.S. dollar, which is pushing the cryptocurrency lower. Bitcoin Faces Significant Obstacles Bitcoin has grown more intertwined with conventional financial markets, even while spot Bitcoin exchange-t... Coinatory news

U.S. Crypto ETFs Face $825M Outflows Amid Tariff Uncertainty

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U.S. Crypto ETFs Face $825M Outflows Amid Tariff Uncertainty A total of $825 million has been pulled out of the U.S. cryptocurrency exchange-traded fund (ETF) market as investor confidence has been shaken by mounting worries about the uncertainties of tariff policy. Leading digital asset investment company CoinShares claims that these withdrawals, which took place on February 26, 2025, were a reflection of the industry's increased volatility. ETFs for Bitcoin and Ethereum Drive Outflows According to... Coinatory cryptocurrencies news

Hong Kong Invests $125M in AI, Expands Cyberport’s Supercomputing Power

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Hong Kong Invests $125M in AI, Expands Cyberport’s Supercomputing Power As part of a larger plan to position itself as a global leader in technology, Hong Kong is increasing its investment in Web3 and artificial intelligence (AI) through Cyberport, its government-backed innovation hub. The "AI Safety, Trust, and Responsibility" forum, which brought together international AI academic institutions to address AI governance, safety, and responsible innovation, was held by Cyberport on February 27, 2025. The occasion ... crypto news

Texas Senate Weighs Bitcoin Reserve Law Amid Growing State-Level Crypto Adoption

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Texas Senate Weighs Bitcoin Reserve Law Amid Growing State-Level Crypto Adoption In a major step toward the state-level adoption of cryptocurrencies, the Texas Senate is scheduled to consider a proposed law that would allot a portion of the state's $24 billion sovereign wealth fund to Bitcoin. The Texas Strategic Bitcoin Reserve and Investment Act was adopted by the Texas Senate Committee on Business and Commerce with a resounding 10-0 vote. The initiative, led by Republican Senator Charles Schwertner, intends to establis... crypto news

Upcoming economic events 28 February 2025

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Upcoming economic events 28 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:303 pointsCore PCE Price Index (YoY) (Jan)----------2.8%13:303 pointsCore PCE Price Index (MoM) (Jan)0.3%0.2%13:302 pointsGoods Trade Balance (Jan)-114.90B-122.01B13:302 pointsPCE Price index (YoY) (Jan)----------2.6%13:302 pointsPCE price index (MoM) (Jan)----------0.3%13:302 pointsPersonal Spending (MoM) (Jan)0.2%0.7%13:302 pointsRetail Inventories Ex Auto (Jan)-----------0.1%14:453 point... Coinatory cryptocurrencies news

CZ Cracks Down on YZi Labs Staff Amidst Pump.fun Hack Fallout

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CZ Cracks Down on YZi Labs Staff Amidst Pump.fun Hack Fallout Changpeng Zhao (CZ), former CEO of Binance, has issued a stern warning regarding hacked accounts promoting cryptocurrencies and clarified that YZi Labs employees found endorsing tokens will be fired immediately. In a recent post, CZ highlighted a suspicious account promoting meme coins, suspecting it had been compromised. He shared a screenshot of the account, belonging to a trader known as a Binance supporter, which had abruptly begun promot... cryptocurrency news Coinatory

Nvidia’s AI Chip Boom: 80% Revenue Surge Beats Wall Street

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Nvidia’s AI Chip Boom: 80% Revenue Surge Beats Wall Street Driven by the soaring demand for AI-focused microchips, chipmaker giant Nvidia (NVDA) has once again exceeded Wall Street's forecasts, citing a 78% year-over-year growth in revenue. In its fiscal Q4 2025 earnings report, released on Feb. 26, Nvidia announced $39.3 billion in revenue for the quarter ended Jan. 26—a 12% rise from the previous quarter. Analysts at Zacks Investment Research had estimated revenues of $37.72 billion, meaning Nvidia... Coinatory crypto news

Fraction AI Airdrop Guide: Create and Test AI Agents to Earn Rewards

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Fraction AI Airdrop Guide: Create and Test AI Agents to Earn Rewards Fraction AI Airdrop makes creating AI agents effortless by letting you design them using natural language instead of code. You can customize prompts and set competition parameters to fine-tune strategies for optimal results. The platform also offers iterative improvements, risk management tools, and performance tracking to ensure your agents excel in competitions. In essence, Fraction AI democratizes AI agent development with a strong focus on ... Coinatory crypto news

Phantom Acquires NFT Data Platform SimpleHash to Strengthen Wallet Capabilities

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Phantom Acquires NFT Data Platform SimpleHash to Strengthen Wallet Capabilities SimpleHash, a non-fungible token (NFT) data platform that supports more than 80 blockchains, has been acquired by Phantom, a well-known cryptocurrency wallet service. Phantom said that the acquisition is in line with its larger goal of improving accessibility in the cryptocurrency ecosystem, even though the deal's financial parameters are still unknown. Phantom hopes to give consumers real-time NFT pricing tracking, metadata analysis, and mar... cryptocurrency news

Bank of America CEO Outlines Key Requirement for Stablecoin Launch

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Bank of America CEO Outlines Key Requirement for Stablecoin Launch Brian Moynihan, the CEO of Bank of America, stated in a recent interview with Fortune that the financial services behemoth is ready to join the stablecoin market—as long as American politicians create a framework for such digital assets. Moynihan highlighted stablecoins' potential as dependable financial products by drawing comparisons to money market funds or conventional bank accounts. He said he is confident that stablecoins would soo... cryptonews today

Upcoming economic events 27 February 2025

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Upcoming economic events 27 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsPrivate New Capital Expenditure (QoQ) (Q4)0.6%1.1%12:302 pointsECB Publishes Account of Monetary Policy Meeting--------------------13:302 pointsContinuing Jobless Claims----------1,869K13:302 pointsCore Durable Goods Orders (MoM) (Jan)0.4%0.3%13:302 pointsCore PCE Prices (Q4)2.50%2.50%13:303 pointsDurable Goods Orders (MoM) (Jan)2.0%-2.2%13:303 pointsGDP (QoQ) (Q4)2.3%3.1%13:302 p... Upcoming economic events 27 February 2025

Ethereum Considers Poseidon Hash Function Ahead of Pectra Upgrade

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Ethereum Considers Poseidon Hash Function Ahead of Pectra Upgrade To improve its zero-knowledge (zk) proof capabilities, Ethereum is testing the Poseidon hash function. Co-founder Vitalik Buterin is urging researchers to take part in a cryptographic analysis program. As Ethereum evaluates the viability of implementing the Poseidon hash function, Buterin recently called on researchers to join the Poseidon cryptography analysis initiative in a post on X. The goal of the project is to improve Ethereum's zk-pro... Ethereum Considers Poseidon Hash Function Ahead of Pectra Upgrade Coinatory

Uniswap Labs Spent ‘Tens of Millions’ Battling SEC, Says COO

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Uniswap Labs Spent ‘Tens of Millions’ Battling SEC, Says COO Uniswap Labs has successfully emerged from an extensive regulatory probe, as the U.S. Securities and Exchange Commission (SEC) officially closed its investigation into the decentralized exchange operator. The company announced the news on Tuesday, calling it a significant victory for decentralized finance (DeFi). “This is a huge win for DeFi and reaffirms what we’ve always known — that the technology we build is on the right side of the ... crypto news

Monad Testnet Guide: How to Request Test Tokens, Mint NFTs and Make Swaps

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Monad Testnet Guide: How to Request Test Tokens, Mint NFTs and Make Swaps Monad is a Layer 1 blockchain built to tackle scalability challenges in the crypto space while staying fully compatible with Ethereum. It supports the Ethereum Virtual Machine (EVM), making it easy for developers to migrate existing Ethereum apps and smart contracts without any changes. The project has launched its testnet, and we are actively participating. This guide will provide a comprehensive walkthrough, covering everything from re... cryptocurrency news today

SEC Halts Uniswap Labs Investigation Amid Regulatory Shift

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SEC Halts Uniswap Labs Investigation Amid Regulatory Shift The U.S. Securities and Exchange Commission (SEC) has ceased its investigation into Uniswap Labs, the developer behind Ethereum's leading decentralized exchange, as part of a broader shift in regulatory approach under President Trump. The SEC's newly established Crypto Task Force has also halted enforcement actions against other prominent cryptocurrency and decentralized finance (DeFi) entities, including Coinbase, OpenSea, and Robinhood. Pre... Coinatory

Upcoming economic events 26 February 2025

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Upcoming economic events 26 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsConstruction Work Done (QoQ) (Q4)1.0%1.6%05:002 pointsBoJ Core CPI (YoY)2.0%1.9%13:002 pointsBuilding Permits (Jan)1.483M1.482M15:003 pointsCrude Oil Inventories2.340M4.633M15:002 pointsCushing Crude Oil Inventories----------1.472M15:003 pointsNew Home Sales (Jan)677K698K15:002 pointsNew Home Sales (MoM) (Jan)----------3.6%17:002 pointsFOMC Member Bostic Speaks--------------------... cryptonews

MSTR Stock Declines 5% as Premium Drops to 1.6 Amid Bitcoin Slump

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MSTR Stock Declines 5% as Premium Drops to 1.6 Amid Bitcoin Slump After Bitcoin fell below $90,000, Strategy Inc. (previously MicroStrategy) saw its shares (MSTR) plunge more than 5% as its premium to Bitcoin holdings fell to 1.6. Yahoo Finance reports that MSTR's stock dropped 5.65% during pre-market trading, ending the day on February 25 at $282.76. Bitcoin's steep loss, which saw the cryptocurrency fall as low as $87,630 during the day, was quickly followed by the dip. MSTR's Premium Drops as Bitcoin ... cryptonews today

Metaplanet and El Salvador Expand Bitcoin Holdings Amid Market Dip

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Metaplanet and El Salvador Expand Bitcoin Holdings Amid Market Dip Metaplanet and El Salvador made strategic Bitcoin acquisitions before the cryptocurrency market experienced a 5% decline over 10 hours on Feb. 25. Japanese investment firm Metaplanet acquired 135 BTC for $13 million at an average price of $96,185 per Bitcoin, while El Salvador added 7 BTC to its national treasury at an approximate price of $94,050 per Bitcoin on Feb. 24. Both purchases occurred before Bitcoin fell below $91,000 in early trading ... Coinatory

USDC and EURC Gain First-Ever Approval Under Dubai’s Crypto Rules

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USDC and EURC Gain First-Ever Approval Under Dubai’s Crypto Rules Circle's USDC and EURC have been officially recognized by the Dubai Financial Services Authority (DFSA) as the first stablecoins under Dubai's new crypto token framework. Dubai's dedication to regulated digital assets within the Dubai International Financial Centre (DIFC) is reaffirmed by this historic approval. An important milestone in the United Arab Emirates' (UAE) approach to digital asset oversight was reached on February 24 when Circle... crypto news

Only 44% of Bitcoin ETF Inflows Are for Long-Term Holding

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Only 44% of Bitcoin ETF Inflows Are for Long-Term Holding A new report from 10x Research reveals that just 44% of net inflows into U.S. spot Bitcoin exchange-traded funds (ETFs) are linked to long-term investments, with the majority being driven by arbitrage strategies rather than institutional adoption. Bitcoin ETF Inflows: A Closer Look Since their January 2024 launch, U.S. Bitcoin ETFs have amassed $39 billion in net inflows. However, only $17.5 billion represents genuine long-only bu... Coinatory

Upcoming economic events 25 February 2025

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Upcoming economic events 25 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious13:002 pointsECB's Schnabel Speaks--------------------14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (MoM) (Dec)-----------0.1%14:002 pointsS&P/CS HPI Composite - 20 n.s.a. (YoY) (Dec)4.3%4.3%15:003 pointsCB Consumer Confidence (Feb)103.3104.116:452 pointsFed Vice Chair for Supervision Barr Speaks--------------------18:002 points5-Year Note Auction----------4.330%21:302 pointsAPI Weekly... crypto news today

SEC Drops Robinhood Probe Amid Crypto Regulatory Shift

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SEC Drops Robinhood Probe Amid Crypto Regulatory Shift After the U.S. Securities and Exchange Commission (SEC) formally concluded its investigation into Robinhood's cryptocurrency services and financial reporting, the company's stock increased by about 2.5 percent in premarket trade. Dan Gallagher, the Chief Legal and Compliance Officer (CLO) at Robinhood, stated in a blog post on February 24 that the SEC has no plans to take enforcement action against the company. The agency's choice to abandon ... cryptocurrency news

Did Kanye West Sell X Account Access Before Meme Coin Launch?

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Did Kanye West Sell X Account Access Before Meme Coin Launch? Rumors circulating on X (formerly Twitter) suggest that Kanye West may have granted access to his account to a member of the Doginals community before the launch of a new meme coin. Speculation Over Kanye’s X Account Activity Crypto traders on X have raised concerns that West may have partially sold administrator access to his account. Several prominent crypto influencers warn that serial memecoin launcher Barkmeta, a known figure... Coinatory cryptocurrencies news

Nike Turns to AI and Blockchain to Drive Innovation

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Nike Turns to AI and Blockchain to Drive Innovation Nike is doubling down on artificial intelligence (AI) and blockchain technology to strengthen its market position and enhance customer experiences. The global sportswear giant is leveraging these emerging technologies to improve operational efficiency, personalize services, and combat counterfeit products. Blockchain as a Competitive Edge Nike’s blockchain journey began in 2020 when the company integrated distributed ledger techno... Nike Turns to AI and Blockchain to Drive Innovation Coinatory

Michael Saylor Signals Renewed Bitcoin Buying Spree as Strategy Expands Holdings

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Michael Saylor Signals Renewed Bitcoin Buying Spree as Strategy Expands Holdings After a brief hiatus, plan, the business formerly known as MicroStrategy, is ready to continue its aggressive Bitcoin acquisition plan. The company's dedication to its "21/21 plan" to increase its BTC holdings was reaffirmed when co-founder Michael Saylor recently released a Bitcoin price chart that suggested an impending acquisition. With the completion of its most recent acquisition on February 10, 2025, Strategy increased its balance sheet... cryptocurrency news Coinatory

Upcoming economic events 24 February 2025

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Upcoming economic events 24 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious10:002 pointsCore CPI (YoY) (Jan)2.7%2.7%10:002 pointsCPI (MoM) (Jan)-0.3%0.4%10:003 pointsCPI (YoY) (Jan)2.5%2.5%18:002 points2-Year Note Auction----------4.211% Summary of Upcoming Economic Events on February 24, 2025 Eurozone (🇪🇺) Core CPI (YoY) (Jan) (10:00 UTC) Forecast: 2.7% Previous: 2.7% This excludes food and energy prices, providing a clearer picture of underlying in... cryptocurrency news

Bybit Ether Reserves Recover to 50% Post-Hack With $295M ETH Buy

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Bybit Ether Reserves Recover to 50% Post-Hack With $295M ETH Buy After a disastrous $1.4 billion attack, one of the worst cryptocurrency breaches in history, Bybit has returned almost half of its Ether (ETH) assets. In addition to actively restocking its reserves through direct purchases, the exchange has received $390 million in emergency transfers from colleagues in the business. The Quick Recovery of Bybit Following the Record-Breaking Hack A $1.4 billion exploit that mostly affected liquid-staked ether... Coinatory

Game7 TokenSplash on Bybit - Earn from 100,000,000 G7 Prize Pool

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Game7 TokenSplash on Bybit - Earn from 100,000,000 G7 Prize Pool Game7 is a leading Web3 game publishing platform launched in 2021, backed by $60.5M in funding from major industry players like BitDAO/Mantle and Forte. It tackles three key challenges in the gaming industry—user acquisition, distribution, and economy management—through its all-in-one suite of products. Game7 TokenSplash Step-by-Step Guide: If you don’t have a Bybit account. You can register here Register in the Game7 TokenSplash ... crypto news today

SEC Drops OpenSea Investigation in Crypto Industry Win

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SEC Drops OpenSea Investigation in Crypto Industry Win As the CEO celebrates the NFT Market's victory, the regulator backs off. With the formal conclusion of the SEC's investigation into OpenSea, the non-fungible token (NFT) market and the larger cryptocurrency sector have achieved a major win. The ruling indicates a change in regulatory oversight, as the SEC made a similar decision to discontinue its action against Coinbase. Devin Finzer, the CEO and co-founder of OpenSea, shared the news late F... SEC Drops OpenSea Investigation in Crypto Industry Win Coinatory

Brazilian National Faces 20-Year Sentence for $290M Bitcoin Ponzi Scheme

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Brazilian National Faces 20-Year Sentence for $290M Bitcoin Ponzi Scheme After being extradited from Switzerland, a Brazilian national has shown up in U.S. District Court in Seattle to face charges in connection with a $290 million Bitcoin investment scam. The U.S. Department of Justice said in a press statement that Douver T. Braga entered a not guilty plea to a 13-count indictment that includes conspiracy and wire fraud charges related to the Trade Coin Club (TCC) scam. An International Crypto Ponzi Scheme The 4... Coinatory cryptocurrency news

Coinbase Poised for ‘Major Win’ as SEC Nears Lawsuit Dismissal

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Coinbase Poised for ‘Major Win’ as SEC Nears Lawsuit Dismissal Analysts at H.C. Wainwright & Co. characterize Coinbase's (NASDAQ: COIN) February 21 announcement that the U.S. Securities and Exchange Commission (SEC) is likely to drop its lawsuit against the cryptocurrency exchange as a "major win" for the company and the larger cryptocurrency market. According to a report by analyst Mike Colonnese, Coinbase's management expects a resolution as early as next week, even if the SEC commissioners' final ... cryptonews

Bybit Restores Withdrawals After Historic Hack – Ben Zhou

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Bybit Restores Withdrawals After Historic Hack – Ben Zhou CEO Ben Zhou of cryptocurrency exchange Bybit said that the company has successfully processed all outstanding withdrawals and returned to "normal pace" after the biggest hack in the industry's 15-year history. “12 hours from the worst hack in history. ALL withdrawals have been processed. Our withdrawal system is now fully back to normal pace,” Zhou announced in a Feb. 22 post on X (formerly Twitter). Users Can Instantaneously... cryptocurrency news

Join GamerBoom Airdrop - The New Web3 Social Gaming Platform

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Join GamerBoom Airdrop - The New Web3 Social Gaming Platform GamerBoom Airdrop is a Web3-powered social gaming platform designed for an "intent-centric" experience. Players can earn rewards through gameplay, engage with the community, and explore a decentralized ecosystem for gaming assets. The platform features community-driven game modes, a rewards system, and seamless integration with the Rinku Protocol, ensuring a sustainable gaming economy. Investments: $9MInvestors: Binance Labs, BNB Chain, ... Coinatory

Coinbase CEO Sees Meme Coins as a Catalyst for Mass Crypto Adoption

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Coinbase CEO Sees Meme Coins as a Catalyst for Mass Crypto Adoption Coinbase CEO Brian Armstrong has highlighted the role of meme coins in the broader cryptocurrency landscape, acknowledging their potential to drive mainstream adoption. In a post on social media platform X on February 19, Armstrong remarked on the growing popularity of meme coins and their long-standing presence in the digital asset market. “I am personally not a memecoin trader (beyond a few test trades), but they’ve become hugely pop... Coinatory

Bybit Hack Becomes Largest Crypto Exploit in History, Exceeding $1.4B

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Bybit Hack Becomes Largest Crypto Exploit in History, Exceeding $1.4B With losses exceeding $1.4 billion, the recent security breach at cryptocurrency exchange Bybit has broken the previous record for the biggest hack in the industry's 15-year history. This incredible amount is the most significant exploit to date, more than doubling the previous record set by Ronin Network. More than 60% of all cryptocurrency funds that were stolen in 2024 came from this one incident, according to data from Cyvers. An escalati... Coinatory cryptocurrency news

Altvest Capital Seeks $10M to Adopt Bitcoin as Treasury Asset

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Altvest Capital Seeks $10M to Adopt Bitcoin as Treasury Asset In an attempt to become the first publicly traded African company to do so, Johannesburg-based Altvest Capital is seeking regulatory approval to fund $10 million in order to make Bitcoin (BTC) its main treasury reserve asset. Warren Wheatley, the CEO of Altvest Capital, stated in a Feb. 21 interview with Bloomberg that the company has already purchased one Bitcoin and is currently requesting permission to raise more money through a share... Coinatory

US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring

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US Seizes Millions in Crypto With Binance Ties—Feds Uncover Global Fraud Ring The U.S. government has launched a civil forfeiture action against cryptocurrency assets seized from a Binance account, citing their connection to wire fraud and money laundering. The case, filed on February 19 in the U.S. District Court for the District of Massachusetts, involves digital holdings confiscated in October 2024. Fraudulent Scheme Tied to Trade Propel According to an affidavit by Special Agent Katrina P. Caulfield of ... cryptocurrency news today

Tanssi Airdrop – Join Forkin’ Dance Season 2 and Claim Your Share of 10M Tanssi Tokens

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Tanssi Airdrop – Join Forkin’ Dance Season 2 and Claim Your Share of 10M Tanssi Tokens Tanssi Airdrop is an appchain infrastructure protocol that streamlines appchain deployment, making it secure, efficient, and hassle-free. It removes the complexity and time-consuming process of traditional blockchain setups. With its permissionless and developer-friendly approach, Tanssi equips developers with the necessary tools and services to launch appchains quickly and easily. Let’s Forkin’ Dance Season 2 is officially live! Don’t m... Coinatory cryptonews

Societe Generale-FORGE Launches Euro Stablecoin on Stellar

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Societe Generale-FORGE Launches Euro Stablecoin on Stellar As part of its growing multi-chain strategy, Societe Generale-FORGE (SG-FORGE), a regulated investment institution and subsidiary of Societe Generale Group, has introduced its EUR-backed stablecoin on the Stellar blockchain. Stellar has been selected by SG-FORGE for its most recent deployment of EUR CoinVertible (EURCV), as regulatory licenses for stablecoins that comply with Markets in Crypto-Assets (MiCA) have surged in Europe. This project... crypto news

Join the PEN Party on MEXC - Win a Share of 1,600,000 PEN!

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Join the PEN Party on MEXC - Win a Share of 1,600,000 PEN! Join the PEN Party, the newest PEN event on MEXC, open to all users! Compete for your share of an incredible 1,600,000 PEN prize pool! Step-by-Step Guide: If you don't have a Mexc account, you can register here Join PEN Party Campaign Complete everything in our guide Event 1: Deposit & Earn 200,000 PEN Deposit at least 5,000 PEN, 100 USDT, or 100 USDC during the event to receive 500 PEN!Your net... Coinatory cryptonews

Upcoming economic events 21 February 2025

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Upcoming economic events 21 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsau Jibun Bank Services PMI (Feb)----------53.009:002 pointsHCOB Eurozone Manufacturing PMI (Feb)46.946.609:002 pointsHCOB Eurozone Composite PMI (Feb)50.550.209:002 pointsHCOB Eurozone Services PMI (Feb)51.551.314:302 pointsECB's Lane Speaks--------------------14:453 pointsS&P Global Manufacturing PMI (Feb)51.351.214:452 pointsS&P Global Composite PMI (Feb)----------52.714... Coinatory cryptocurrencies news

FBI, SEC Lead U.S. Agencies in Kraken Data Requests for 2024

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FBI, SEC Lead U.S. Agencies in Kraken Data Requests for 2024 According to Kraken's most recent transparency report, the San Francisco-based cryptocurrency exchange saw a 39% increase in regulatory and enforcement data requests in 2024, with U.S. agencies—specifically the Securities and Exchange Commission (SEC) and the Federal Bureau of Investigation (FBI)—among the top requesters. 6,826 Data Requests, Mostly from US Authorities, Are Handled by Kraken According to Kraken's transparency report, which wa... cryptocurrency news today

FBI, SEC Among Top Agencies Requesting Kraken Data in 2024

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FBI, SEC Among Top Agencies Requesting Kraken Data in 2024 According to its most recent transparency report, which was made public on February 19, cryptocurrency exchange Kraken recorded a 39% increase in regulatory and enforcement data requests in 2024, the bulk of which came from U.S. entities, including the Federal Bureau of Investigation (FBI). Kraken received 6,826 data requests from 71 countries in 2024, according to the report, which is a considerable rise over the previous year. With 1,9... crypto news

Donald Trump’s World Liberty Financial Invests $10M in WLFI, $125K in SEI

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Donald Trump’s World Liberty Financial Invests $10M in WLFI, $125K in SEI World Liberty Financial (WLF), the cryptocurrency firm backed by U.S. President Donald Trump, has withdrawn $10 million USDC from Coinbase to acquire 200 million WLFI tokens. Furthermore, according to Onchain Lens, an on-chain analytics company, WLF paid $125,000 USDC to buy 547,990 SEI at an average price of $0.228 per token. The transactions took place on February 20, 2025, after the corporation announced its Macro Strategy on February 12. ... cryptonews today

Ethereum’s Open Intents Framework Unifies Layer-2 Cross-Chain Transfers

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Ethereum’s Open Intents Framework Unifies Layer-2 Cross-Chain Transfers The Open Intents Framework is a ground-breaking project launched by the Ethereum Foundation with the goal of expediting cross-chain asset transfers inside the Ethereum ecosystem. This framework, which was created in partnership with significant Layer-2 (L2) networks, wallets, and infrastructure providers, aims to standardize interoperability in order to address user experience fragmentation and inefficiencies. A Piecemeal Method for Cross-Cha... Coinatory cryptocurrency news

Mantra TokenSplash on Bybit - Earn from 120,000 OM Prize Pool

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Mantra TokenSplash on Bybit - Earn from 120,000 OM Prize Pool Mantra Chain (MANTRA) is on a mission to be the top Layer 1 (L1) blockchain for real-world assets (RWA). While most L1 blockchains are built for general use, MANTRA stands out by prioritizing regulatory compliance, ensuring it aligns with the ever-changing financial landscape. Step-by-Step Guide: If you don’t have a Bybit account. You can register here Register in the event Complete everything in our guide ... crypto news

Upcoming economic events 20 February 2025

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Upcoming economic events 20 February 2025 Time(GMT+0/UTC+0)StateImportanceEventForecastPrevious00:302 pointsEmployment Change (Jan)19.4K56.3K00:302 pointsFull Employment Change (Jan)-----------23.7K00:302 pointsUnemployment Rate (Jan)4.1%4.0%01:002 pointsChina Loan Prime Rate 5Y (Feb)3.60%3.60%01:152 pointsPBoC Loan Prime Rate3.10%3.10%13:302 pointsContinuing Jobless Claims1,870K1,850K13:303 pointsInitial Jobless Claims214K213K13:303 pointsPhiladelphia Fed Manufacturing Index (Feb)19.44... Upcoming economic events 20 February 2025

Hong Kong Strengthens Focus on Tokenization and Stablecoins

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Hong Kong Strengthens Focus on Tokenization and Stablecoins According to Christopher Hui, the city's Secretary for Financial Services and the Treasury, Hong Kong plans to give tokenization and stablecoins top priority as important components of its Web3 ecosystem. In an interview with the South China Morning Post, Hui called tokenization a "defining trend" that has the potential to transform conventional financial markets by incorporating digital assets and blockchain technology into Hong Kong's economic... Coinatory cryptocurrencies news

Donald Trump Highlights Ripple on Truth Social, Fueling XRP Speculation

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Donald Trump Highlights Ripple on Truth Social, Fueling XRP Speculation US President Donald Trump made a significant move when he published two tweets on Truth Social about Ripple Labs, which sparked conversations among cryptocurrency enthusiasts. The CEO of Ripple's View on Trump's Effect The articles cited remarks provided by Brad Garlinghouse, the CEO of Ripple, who had previously highlighted how regulations were changing when Trump was reelected in November 2024. Garlinghouse emphasized that Rippl... Coinatory cryptocurrencies news

FTX to Begin Next Creditor Payout on May 30

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FTX to Begin Next Creditor Payout on May 30 After the first payout phase began this week, the now-defunct cryptocurrency exchange FTX has set the date for its second round of creditor distributions for May 30. The FTX estate will continue to pay creditors through the middle of 2025, according to official bankruptcy notifications. This second reimbursement will give priority to larger claims and single repayments that total more than $50,000. Creditors expect to get billions in recovere... Coinatory