Cryptocurrency
Illinois is following the lead of three other states, Kentucky, Vermont, and South Carolina, in dropping its lawsuit against Coinbase related to staking. The decision aligns with recent developments where several U.S. states have retracted their legal actions against the exchange. Among the states still pursuing staking-related suits against
Cryptocurrency
The anticipation of a potential U.S. recession has surged following President Donald Trump's tariff strategies, with forecasting platforms Polymarket and Kalshi highlighting growing worries about the economy taking a hit. On Polymarket, a decentralized forecasting platform, the odds of the country sliding into recession this year crossed
Cryptocurrency
Kraken, a prominent cryptocurrency exchange, has attained restricted dealer status in Canada, marking a significant milestone in the country's evolving crypto landscape. To facilitate an easier entry for new users, Kraken has announced that it will be offering no-cost Interac e-Transfer deposits to Canadian customers. This move is
Cryptocurrency
Galaxy Digital UK, a subsidiary of the digital asset financial services firm led by Mike Novogratz, has received approval from the Financial Conduct Authority (FCA) to expand its derivatives trading operations in the United Kingdom. This new license complements the company's existing presence on the FCA's
Cryptocurrency
Amber Group recently made its debut on the Nasdaq, symbolizing a growing trend of crypto firms venturing into public markets, according to insights shared by Pantera Capital's Paul Veradittakit. Veradittakit, a partner at Pantera Capital and an early supporter of Amber Group, highlighted the significance of Amber'
Cryptocurrency
Stablecoin creator Circle has recently applied for an Initial Public Offering (IPO), following a successful $1.7 billion windfall from its stablecoin reserves. Circle, known for issuing the USDC stablecoin, has filed paperwork with the Securities and Exchange Commission (SEC) to have its shares listed on the New York Stock
Cryptocurrency
As President Trump gears up to unveil his latest tariff measures post-market close on Wednesday, the anticipation of the "Liberation Day" tariff announcement has injected optimism into the market. Bitcoin leads the charge with a 2% surge, while other major cryptocurrencies are also posting significant gains. Reports suggest
Cryptocurrency
In a surprising turn of events, Ethereum has reclaimed its top spot as the leading decentralized exchange (DEX) chain in March, surpassing Solana for the first time since September. This shift occurred during a bearish market phase, especially affecting the memecoin sector. The change in leadership saw Ethereum outperforming Solana,
Cryptocurrency
23andMe: A New Chapter in Data Ownership The recent bankruptcy of genetic data company 23andMe has sparked discussions about data sovereignty and the potential benefits blockchains could offer in protecting public data. Phil Mataras, CEO of AR.IO, a decentralized cloud network, highlights how the Sei Foundation's potential
Cryptocurrency
In response to the growing maturity of the crypto market, the U.S. Commodity Futures Trading Commission (CFTC) has recently withdrawn two crypto-related staff advisories. This move is part of the agency's effort to ensure that crypto derivative products are regulated in a manner consistent with other types
Cryptocurrency
A pioneering AI-empowered blockchain project, known as Ambient, is making waves in the crypto world with its ambitious goal of potentially replacing Bitcoin. Co-founded by Travis Good, it has secured a substantial $7.2 million in seed funding from major players like a16z, Delphi Digital, and Amber Group. Ambient sets
Cryptocurrency
As economies around the globe navigate the evolving financial landscape, the importance of strategic crypto reserves for emerging nations comes into focus. Consider nations like India, Brazil, Indonesia, South Africa, Nigeria, Thailand, and Vietnam; collectively representing a significant portion of the world's population and economic output. These countries
Cryptocurrency
Metaplanet, a Japanese hotel company, has recently made headlines by issuing a $13 million zero-coupon bond to expand its bitcoin holdings. This move has allowed them to secure a 15.5% weighting in a crypto-focused exchange-traded fund (ETF), becoming the largest holding within the BetaShares ETF with assets under management
Cryptocurrency
The realm of decentralized commerce is on the brink of a transformative shift, driven by the fusion of AI technology and cryptocurrency, as highlighted by Justin Banon, the visionary mind behind Boson and Fermion Protocols. In the quest for "perfect markets," economists have long envisioned an environment where
Cryptocurrency
The Ether-Bitcoin ratio has hit a five-year low at 0.02193 as traders opt for less risky assets, according to Van Straten. This marks the first time Ether has lagged behind Bitcoin since the previous year's reward halving. This year alone, Ether has dropped by 39% compared to
Cryptocurrency
Elon Musk, a prominent advocate for Dogecoin, has made it clear that the U.S. Department of Government Efficiency (D.O.G.E.) has no plans to integrate the cryptocurrency into its operations. Despite initial speculation following Dogecoin's introduction in August, which led to a significant surge in