Budding crypto writer with a keen interest in providing fresh insights and the latest updates in the crypto space. Enthusiastic about translating complex crypto concepts into clear, actionable information for readers.
Grayscale Investments has filed with the New York Stock Exchange (NYSE) to convert its existing XRP Trust into a spot exchange-traded fund (ETF). The move aims to provide investors with direct exposure to XRP without holding the cryptocurrency. The Trust currently manages $16.1 million in XRP assets. According to the
January 31, 2025 2 mins read
Senator Cynthia Lummis has filed an amicus brief backing Coinbase’s legal battle with the U.S. Securities and Exchange Commission (SEC). The Wyoming Republican accuses the agency of overstepping its authority and undermining Congress’s regulatory role. Lummis criticized the SEC’s enforcement-driven approach under former Chair Gary Gensler. She described it as
January 29, 2025 2 mins read
The recent decision by the Singapore High Court approving WazirX’s restructuring plan has sparked debate among the crypto community. After the devastating $234 million hack in July 2024 by North Korea’s Lazarus Group, the exchange now promises to return 75% to 80% of lost funds. While this appears to be
January 28, 2025 2 mins read
Tuttle Capital has made a bold move by filing for 10 leveraged cryptocurrency exchange-traded funds (ETFs) with the U.S. Securities and Exchange Commission (SEC). Notably, the list features Solana (SOL), XRP, Litecoin (LTC), and Cardano (ADA), alongside lesser-known tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT). These ETFs
January 28, 2025 2 mins read
Bybit has officially launched Bybit Pay in Brazil, integrating with Pix, the country’s popular instant payment system. This new solution enables users to make payments using both cryptocurrencies and Brazilian reais. With over 60 million users worldwide, Bybit aims to streamline crypto payments in everyday transactions, offering a flexible and
January 28, 2025 2 mins read
Scott Bessent, a billionaire hedge fund manager and vocal crypto supporter, has officially become the 79th US Treasury Secretary. The Senate confirmed his nomination with a 68-29 vote, following President Donald Trump’s recommendation. Bessent succeeds Janet Yellen and takes office at a crucial time for US fiscal and crypto policy.
January 28, 2025 2 mins read
The highly anticipated Abstract blockchain mainnet is set to launch tomorrow, January 28, 2025. Touted as the “Year of Abstraction,” this marks a pivotal moment for the blockchain industry. The Abstract aims to transform how developers and users interact with blockchain technology. Abstract Mainnet. Tomorrow. pic.twitter.com/ExkX8RgxDb — Abstract (@AbstractChain) January
January 27, 2025 2 mins read
Brazil has banned Worldcoin (WLD) from offering cryptocurrency or financial incentives in exchange for biometric data. The National Data Protection Authority (ANPD) enforced the directive on January 25, following a detailed investigation that started in November 2024. The Brazilian DPA issued a temporary ban on Worldcoin's iris-scanning venture. pic.twitter.com/keYaZRgx98 —
January 27, 2025 2 mins read
Bitcoin price has dropped to $99,381, reflecting a 1.95% decline in the last 4 hours. Its market cap now stands at $1.97 trillion, maintaining a market cap-to-volume ratio of 2.03%. Trading volume has surged by an impressive 88.19% in the last 24 hours, reaching $40.65 billion. This sharp increase in
January 27, 2025 2 mins read
THORChain’s native token, RUNE, is trading at $2.64, with a 16.05% surge in the past 24 hours. The market capitalization has grown by 15.79%, reaching $927.82 million. Trading volume in the same period has hit $677.02 million, marking a 6.72% increase. This brings the Market Cap ratio to a significant
January 26, 2025 2 mins read