In what could be a major move for digital assets in the United States, President Donald Trump officially announced on Sunday the establishment of a “Crypto Strategic Reserve.” The ‘Crypto Capital Of The World’ This initiative, outlined in his recent executive order on digital assets, aims to include cryptocurrencies such as XRP, Solana (SOL), and … Read more
A major shift is coming to the US government’s approach to cryptocurrency. United States President Donald Trump is set to host the first-ever White House crypto summit on March 7, 2025. The event is expected to bring together key figures in the industry, including investors, CEOs, and government officials. This marks a significant move for … Read more
According to a recent report by Dawn, Pakistan is set to establish a National Crypto Council to oversee digital asset regulation in the country. This decision marks a significant policy shift as Pakistan moves toward embracing cryptocurrencies, a stance that contrasts with its previous resistance. Pakistan To Create Crypto Council Since US President Donald Trump’s … Read more
According to a report uploaded on February 18, last year, Russia’s Rosseti Group, a major player in the nation’s electricity sector, reported damages of over 1.3 billion rubles (approximately $14.2 million) caused by “unauthorized” cryptocurrency mining operations. These “black” mining farms tapped directly into Rosseti’s power network without authorization, severely impacting the company’s resources and … Read more
Crypto asset investment products experienced significant outflows last week, according to the latest fund flows report from CoinShares. The report revealed that outflows totaled $508 million, bringing the cumulative two-week outflows to $924 million. These recent trends follow an 18-week streak of inflows that had accumulated $29 billion. CoinShares attributes this reversal to cautionary investor … Read more
The market is down, FUD has returned, and the always-fickle Fear & Greed Index is perilously close to the ‘afraid’ category as $BTC’s price remains solidly below the $100K mark. The total crypto market cap is down 1.63% in the past 24 hours. But despite the general bearish vibes, there are some signs of life … Read more
A former payroll processing staff member at Bybit, Ho Kai Xin, has recently been sentenced to nine years and 11 months in jail on February 20. The charges stemmed from her fraudulent activities that involved defrauding ByBit Fintech, a Seychelles-based cryptocurrency exchange, of over $5.7 million. The Charges And How The Fraud Happened According to … Read more
Cantor Fitzgerald CEO and billionaire, Howard Lutnik, was named the head of the US Department of Commerce yesterday, with a split vote of 52-45. Following the news, Lutnik immediately resigned from his position as CEO. Let’s see what this appointment means for the crypto market as a whole and for some of the hottest crypto … Read more
Crypto experts at Bubblemaps have recently stated their suspicion that the development team behind the Official Melania Meme ($MELANIA) coin may have sniped it (used automated tools to instantly buy new tokens when they launch to flip them for profit). The analysts point at the blockchain activity of a Solana wallet address they called ‘0xcEA.’ … Read more
Coinbase has unveiled a partnership with Formula One team Aston Martin Aramco, adding to the list of the crypto exchange’s brand expansion aimed at promoting crypto adoption. Coinbase Leads With F1 USDC Sponsorship In a blog post on February 14, Coinbase announced its latest strategic deal with the Aston Martin Aramco which will allow the … Read more