Gensler’s SEC leadership was marked by aggressive enforcement against cryptocurrency firms and his controversial stance on classifying digital assets as securities. Despite teaching blockchain at MIT, his tenure disappointed crypto industry hopes for positive regulation, focusing instead on enforcement and sceptical rhetoric. His final significant action was approving Bitcoin spot ETFs in 2024, though this […]

Ripple’s RLUSD stablecoin is set to expand beyond its current limited exchange presence with a market cap of US$53 million and a daily volume of US$138.9 million. Monica Long forecasts significant growth in stablecoin adoption and reveals Ripple’s payment solutions business doubled in 2024. Long expects XRP to be among the next cryptocurrencies approved for […]

Elon Musk’s DOGE initiative, which focuses on reducing government spending and combating inflation, might impact crypto prices significantly. A comment on X generated heated discussions on the platform, with some calling it an opportunity for buying and others questioning the nature of cryptocurrencies. Elon Musk’s Department of Government Efficiency, named after the cryptocurrency Dogecoin (DOGE), […]

Bhutan’s GMC region plans to establish a cryptocurrency reserve, including Bitcoin and Ethereum. GMC aims to recognise cryptocurrencies with large market caps, high liquidity, and issued on secure blockchains. Bhutan’s Gelephu Special Administrative Region (SAR), known as Gelephu Mindfulness City (GMC), is looking to establish a strategic cryptocurrency reserve comprising assets like Bitcoin (BTC) and […]

Ripple has partnered with Chainlink to enhance the utility and adoption of its RLUSD stablecoin. The partnership with Chainlink is expected to boost RLUSD’s market presence by offering transparent pricing and reliable data. Ripple Labs is moving forward with its partnership with crypto’s largest decentralised oracle network, Chainlink (LINK).  The company is looking to expand […]

Sol Strategies announced a 25M CAD investment in the Solana ecosystem, funded through an unsecured credit facility with a 5% annual interest rate.  The company has already drawn 4M CAD for staking and acquisitions. Canadian publicly traded company Sol Strategies has announced plans to invest 25M Canadian dollars (27.9M AUD) in the Solana ecosystem. The […]

Despite a general decline in NFT hype, Pudgy Penguins have remained valuable, recently releasing a token, PENGU, which has surged nearly 40% in the past week. While PENGU experienced significant growth, the trading volume for Pudgy Penguins NFTs has decreased by 50%, reflecting a shift in investor interest. BTW, penguins can technically fly and I […]

Metaplanet plans to expand its Bitcoin holdings to 10,000 BTC by 2025. The company recently purchased 619.7 BTC for US$60.6M, increasing its total holdings to 1,761 BTC, ranking 15th among corporate Bitcoin holders. CEO Simon Gerovich described 2024 as a transformational year, focusing on record-breaking Bitcoin acquisitions and shareholder value. Japanese firm Metaplanet, often called […]

BlackRock’s IBIT experienced US$332.6 million in the largest single-day selling event so far, though it remains the largest Bitcoin ETF holder with 551,076 BTC and recovered with substantial inflows on January 3. While Bitcoin approaches US$100,000 again and Ethereum gains 8% week-over-week, Fidelity’s FBTC outpaced IBIT with US$357 million in inflows on Friday. Ethereum ETFs […]

While Bitcoin gained 5% week-over-week, 10X Research expects a positive start to 2025 followed by a pullback before the January 15 CPI data release, with potential renewed momentum leading into Trump’s inauguration. Swissblock analysts highlight a disconnect between economic recession indicators and financial markets, suggesting investors remain sceptical of warnings due to previous false alarms […]