Fed Chair Powell Encourages Congressional Action on Crypto Regulation
Federal Reserve Chair Jerome Powell recently discussed cryptocurrency regulations after announcing that interest rates in the United States would remain unchanged. Banking and Crypto Following a Federal Open Market Committee…
Robinhood Launches Bitcoin Futures Trading
Online brokerage Robinhood is expanding its offerings with the launch of futures trading, including Bitcoin and other assets. Expanding Beyond Stocks The company, known primarily for stock trading, introduced…
Gary Gensler Rejoins MIT Faculty to Explore AI and FinTech
Gary Gensler, the former chairman of the Securities and Exchange Commission (SEC), has taken up a professorship at the Massachusetts Institute of Technology (MIT) to teach and conduct research on…
Fortitude Mining Emerges as DCG’s Dedicated Mining Subsidiary
Digital Currency Group (DCG) has announced the creation of Fortitude Mining, a new subsidiary focused on cryptocurrency mining. This move signals DCG’s intention to provide institutional investors with exposure to…
Utah Advances Bill Allowing State to Invest in Crypto
A Utah House committee has given the green light to a bill that could pave the way for the state to invest public funds in cryptocurrencies. The Utah House Economic…
Bitwise Seeks SEC Approval for Dogecoin ETF Tracking Memecoin Price
Bitwise has filed with the US Securities and Exchange Commission (SEC) to list an exchange-traded fund (ETF) that tracks the price movements of Dogecoin, the popular memecoin. The proposed Bitwise…
Poland Surpasses El Salvador in Global Bitcoin ATM Count
Poland added 10 new Bitcoin ATMs on Jan. 27, bringing its total to 219 active machines and surpassing El Salvador as the fifth-largest cryptocurrency ATM network globally, following the US,…
Bitpanda Becomes Second Crypto Firm to Secure MiCA License in Germany
Austrian fintech unicorn Bitpanda has become the latest cryptocurrency firm to secure a license under the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. Bitpanda announced on January 27 that…
Ethereum Can Evolve Faster Without Sacrificing Its Core Values, Says Paradigm
Ethereum developers could implement more protocol changes to adapt to changing market structures without compromising its core values, according to crypto venture capital firm Paradigm. “We think Ethereum’s core protocol…
Brazil Bans Worldcoin’s Crypto-Based Biometric Data Collection
Brazil’s data protection authority has ordered the company behind the biometric technology for the World ID project to stop offering crypto or financial compensation for collecting biometric data from its…
Bitcoin Wallets Holding $100 Surge to Near Record Levels
Onchain data reveals that the number of Bitcoin wallets holding at least $100 is approaching all-time highs. According to Binance, the number of wallet addresses holding $100 or more surged…
Brian Armstrong Calls for Overhaul of Coinbase Token Listing Process
The CEO of Coinbase, the largest cryptocurrency exchange in the United States, has proposed reevaluating the company’s asset listing process in response to the rapid surge in new token creations.…
Bitcoin Short-Term Holders Fueling Bullish Outlook with FOMO-Driven Entries
Bitcoin holders continue to accumulate during price dips, while short-term holders are buying into surges driven by FOMO (fear of missing out), signaling a bullish outlook for 2025, according to…
US House Committee Investigates Debanking of Crypto Industry Ties
The US House Committee on Oversight and Government Reform, led by Republican lawmakers, is investigating claims that individuals or entities linked to the digital asset industry have been debanked due…
Cryptocurrency Sentiment Dips as Trump Tokens Crash
In the latest development in the cryptocurrency market, a meme token launched by First Lady Melania Trump has experienced a significant downturn. The token, introduced last week to symbolize the…
Trump Unveils $Trump Cryptocurrency as He Prepares for Presidency
Donald Trump has launched the $Trump cryptocurrency, marking a bold entry into the digital currency market as he prepares to assume office as the 47th President of the United States.…
Solana Soars 12% Amid Trump’s Memecoin Launch, Outshining Ether
Solana, the fourth-largest cryptocurrency by market cap excluding stablecoins, experienced a significant price surge on Saturday. According to Coin Metrics, the price of SOL increased by more than 12%, following…
Duolingo Shares Surge as Shift to Mandarin Learning Gains Momentum
Duolingo’s shares experienced a significant increase of nearly 7% on Thursday, driven by a surge in users signing up to learn Mandarin. This growth aligns with the increasing usage of…
South Korea Cracks Down on Unfair Crypto Trading Practices Under New Law
South Korean financial authorities have taken action against unfair cryptocurrency trading practices under the country’s investor protection regime. On January 16, 2025, the Financial Services Commission (FSC) reported its first…
Federal Reserve Vice Chair Michael Barr to Step Down Amid Crypto Regulation Controversy
Michael Barr, the U.S. Federal Reserve’s Vice Chair for Supervision, has announced his resignation, effective on February 28, 2025, or sooner if a successor is appointed. Barr’s departure follows growing…