News

Utah Advances Bill for Public Investment in Crypto Assets

Utah has become the first state to pass a bill allowing public investment in crypto assets, with Kentucky and Maryland following suit. Key points...

US Treasury Department Issues Quarterly Refunding Statement Amid Yield Uncertainty

The US Treasury Department released its quarterly refunding statement, confirming steady auction sizes for upcoming quarters. This led to a decline...

Crypto Industry Urged to Engage with Regulators for Future Clarity

At the Ondo Summit in Manhattan, discussions focused on crypto regulation and legislation. Key points included: Former Congressman Patrick McHenry...

Dogecoin Price Drops 20% Amid Market Volatility, Whales Accumulate 750 Million

Dogecoin (https://holder.io/coins/doge/) has experienced a 20% decline in value, now trading at $0.2551 with a market cap of $38.09 billion and a...

Barry Silbert Claims Decentralized AI Opportunity Exceeds Bitcoin Potential

Barry Silbert, CEO of Digital Currency Group (DCG), is focusing on decentralized AI (deAI) as a major investment area, viewing it as potentially...

Thames Network Launches Decentralized AI Marketplace for Public Access

The Thames Network, initiated at Oxford, aims to decentralize artificial intelligence (AI) to enhance individual access and reduce power...

Receipts Depositary Corp. Plans Launch of XRP-Backed Securities

Receipts Depositary Corp. (RDC) plans to launch XRP-backed securities, allowing institutions to access XRP through U.S. regulated market...

KBW Analysts Set $560 Price Target for Strategy Stock Amid Bitcoin Focus

Strategy (formerly MicroStrategy) is attracting attention as KBW analysts rated it as a strong investment for those seeking leveraged Bitcoin...

RWA Tokenization Projected to Reach $50 Trillion by 2030

Consulting firms and financial institutions project tokenization growth by 2030 between $2 trillion and $16 trillion. Currently, over $50 billion is...

CFTC to Host Forum with Crypto CEOs on Stablecoin Regulation

The United States Commodity Futures Trading Commission (CFTC) will host a forum with executives from major crypto firms to discuss stablecoin...

Whales Accumulate 520 Million XRP Amid Market Volatility

XRP has surged over 33% from recent lows, demonstrating resilience amid market volatility. Key points include: Whales accumulated over 520 million...

Coinbase Adds Morpho, Pudgy Penguins, and Popcat to Listing Roadmap

Coinbase Global Inc. (NASDAQ: COIN) plans to list three new altcoins: Popcat (POPCAT), Pudgy Penguins (PENGU), and Morpho (MORPHO). This...

Story Protocol Launches $IP Token for Intellectual Property Ecosystem

Story is a sovereign layer-1 blockchain utilizing the Cosmos SDK and CometBFT consensus, featuring EVM execution through a custom Geth fork. This...

TORN Token Rises 13% Following Developer's Temporary Release from Detention

TORN Price Movement TORN, the token of Tornado Cash, increased by 13% to a daily high of $14.28 from a low of $10.78. Current trading price is...

Senate Holds Hearings on Crypto Debanking and Stablecoin Legislation

This week in crypto highlighted key developments, including product launches, Ethereum discussions, stablecoin legislation, and Congressional...

U.S. CFTC Launches Stablecoin-Backed Tokenization Pilot Program

Caroline Pham, acting chair of the U.S. Commodity Futures Trading Commission (CFTC), is initiating a stablecoin-backed tokenization pilot program....

Sector Rotation Expected to Boost L2 Assets, According to Kaiko

Kaiko's research indicates that Layer 2 (L2) solutions are gaining traction in the crypto market, particularly following the recent election. Key...

ConsenSys CEO Joe Lubin Reveals Survival Strategies Amid Banking Restrictions

Joe Lubin, CEO of Consensys, discussed the company's survival amid financial restrictions imposed by regulatory authorities. This was...

Uniswap Whale Withdraws $15.54 Million in UNI Tokens from Binance

UNI Token Update UNI, the token of Uniswap, has decreased over 23% in the past week. Whales have accumulated $16 million in UNI tokens despite...

BONK Price Drops 30% as Market Cap Falls to $1.3 Billion

The meme coin market has declined to $70.05 billion, a 38% drop in the past month, impacting top meme coins significantly. Solana's BONK (#BONK) is...

Ether Price Action Indicates Potential Bull Run Following August Pattern

Ether's price action suggests a potential bull run, resembling patterns from early August. Ether's price dropped 32% to $2,770 since mid-December,...

New Validators Emerge Amidst Surge in Solana Network Usage

Solana has experienced significant trading activity, benefiting its network validators. Key points include: Validator revenue has increased from...

Tether Plans to Increase Business Deals Amid Positive Regulatory Shift

Tether (USDT) is looking to expand into new markets, with CEO Paolo Ardoino stating that the company aims to overcome past regulatory challenges....

BlackRock Acquires Over 5% Stake in Strategy, Formerly MicroStrategy

BlackRock has disclosed in its Schedule 13G filing that it now owns over 5% of MicroStrategy Inc (NASDAQ: MSTR), holding approximately 11.2 million...

Toncoin Price Anticipates Possible Rally Above $8.25 Amid Market Developments

Toncoin (TON) Market Overview Recent price action shows Toncoin following Bitcoin's trends as the market corrects. Current price consolidation...

Crypto Market Observers Debate Current Cycle Position Amid Price Speculations

Current discussions in the crypto space focus on whether the market has reached its peak. Key points include: Concerns about the sustainability of...

CoinDesk 20 Index Rises to 3233.37 with All Assets Trading Up

The CoinDesk 20 Index is currently at 3233.37, reflecting a 2.6% increase (+83.05) since Thursday at 4 p.m. ET. Key points: All 20 assets in the...

Japan's FSA Directs Apple and Google to Remove Five Crypto Apps

The Japanese government has requested Apple and Google to remove five unregistered cryptocurrency exchange apps from their app stores. This action...

Dogecoin Price Moves Toward $0.2677 as Bullish Momentum Grows

Dogecoin (DOGE) shows bullish momentum, potentially moving towards $0.2677 as buyer interest increases. Recent stability above key support levels...

5 Crypto Presales Positioned for Gains as Bitcoin Prepares to Break Out

Bitcoin remains under the $100K level, currently priced at $98K, with analysts indicating a bullish outlook. Key factors contributing to this...