“I think the regulatory body of El Salvador and the regulatory body of the United States will talk a lot,” Michele Crivelli said.
Monthly archives: January 2025
Sam Bankman-Fried’s Parents Seeking Pardon for Imprisoned Son, in Talks With People Connected to Trump: Report
The parents of former crypto golden boy Sam Bankman-Fried are reportedly taking steps to obtain US President Donald Trump’s pardon for their son. Citing a person familiar with the matter, Bloomberg reports that in recent weeks, Stanford Law School Professors Joseph Bankman and Barbara Fried met with lawyers and other figures considered close to Trump to discuss …
This Dogecoin and Shiba Inu Rival Is Mirroring Price Action That Previously Triggered 200% Rally, Says Trader
A widely followed crypto analyst says that one rival of dog-themed meme assets Dogecoin (DOGE) and Shiba Inu (SHIB) is repeating a move it did previously that caused it to spark a 200% rally. In a new strategy session, pseudonymous crypto trader Inmortal tells his 227,000 followers on the social media platform X that the …
El Salvador Passes New Bitcoin (BTC) Legislation Tied to New IMF $1,400,000,000 Funding Deal: Report
The first country to use Bitcoin (BTC) as a legal tender has reportedly passed a new law that will scale back its crypto efforts. Reuters reports that on Wednesday, lawmakers in El Salvador approved a bill to amend the nation’s Bitcoin law in compliance with a deal that the government struck with the International Monetary …
Crypto Investment Giant Grayscale Announces Launch of New Dogecoin (DOGE) Trust
Crypto asset management firm Grayscale is announcing the launch of a new trust that would give investors access to the popular meme asset Dogecoin (DOGE). In a new press release, the investment giant says it is creating the Grayscale Dogecoin Trust as it believes DOGE has matured from a simple memecoin into a legitimate global …
Continue reading “Crypto Investment Giant Grayscale Announces Launch of New Dogecoin (DOGE) Trust”
Stablecoin market cap surpasses $200B as USDC dominance rises
The stablecoin market cap reached a new record high above $200 billion. Is it a sign that Bitcoin and altcoins will rise higher?
Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)
Circle’s dollar-pegged stablecoin USDC has officially gone live on the layer-1 chain Aptos (APT). Aptos’ native token, APT, is up on the news, surging by 5.5% in the past 24 hours. The 38th-ranked crypto asset by market cap is trading at $7.91 at time of writing. Coinbase, the top US crypto exchange, has already added …
Continue reading “Circle’s USDC Stablecoin Officially Goes Live on Layer-1 Chain Aptos (APT)”
TechBerry Review: Why It’s the Number One AI Platform for You
TechBerry has established itself as one of the first AI trading platforms, allowing its subscribers to earn around 11.2% every month. There are many reasons why it has managed to accomplish that. For one, there’s the sheer amount of data that it has tasked itself with collecting, which spans more than 110,000 trading portfolios, all …
Continue reading “TechBerry Review: Why It’s the Number One AI Platform for You”
Ripple’s RLUSD gains liquidity boost with AMMClawback update on XRP Ledger
The XRP Ledger (XRPL) has implemented the AMMClawback amendment, introducing a new layer of regulatory compliance and asset control within its Automated Market Maker (AMM) system. On Jan. 30, XRPscan, a blockchain explorer for XRPL, confirmed that the amendment is now live after a 14-day activation period. How the AMMClawback works According to the XRPL …
Continue reading “Ripple’s RLUSD gains liquidity boost with AMMClawback update on XRP Ledger”
Crypto traders lost over $24 million in Solana due to memecoin mishaps
Crypto traders continue to lose millions by mistakenly sending Solana (SOL) tokens to memecoin contracts. Conor Grogan, a director at Coinbase, estimates that traders have sent over $24 million in SOL to Solana-based memecoins token contracts, surpassing the 6,743 ETH (about $22 million) removed from circulation due to Ethereum’s transition to a proof-of-stake network in …
Continue reading “Crypto traders lost over $24 million in Solana due to memecoin mishaps”
MicroStrategy raises $563M from oversubscribed STRK stock offering
MicroStrategy has significantly exceeded expectations with its latest perpetual convertible preferred stock offering, securing $563.4 million—nearly three times the anticipated amount. According to a Jan. 31 statement, the company expanded its STRK stock offering to 7.3 million shares, each carrying a $100 liquidation preference. The company plans to allocate the proceeds toward corporate initiatives, including …
Continue reading “MicroStrategy raises $563M from oversubscribed STRK stock offering”
Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024
According to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard’s combined transaction volume by 7.68%. The report pointed out that stablecoins consistently outperformed traditional payment providers throughout the year despite a dip in Q3 due to broader market slowdowns. Chart showing the trading volume for stablecoins …
Elon Musk’s father wants to raise $200M for think-tank through ‘Musk It’ memecoin
Errol Musk, the father of tech billionaire Elon Musk, is backing a new memecoin called “Musk It” to raise between $150 million and $200 million for the Musk Institute—a newly established for-profit think tank focused on scientific research and innovation. According to a Fortune report, Errol Musk and his business partner, Nathan Browne, are leading …
Continue reading “Elon Musk’s father wants to raise $200M for think-tank through ‘Musk It’ memecoin”
ETH Gains on BTC—Altcoin Season Index Vaults Higher as Crypto Frenzy Escalates
Following Jan. 30, 2025, blockchaincenter.net’s Altcoin Season Index reveals a 28.26% leap, vaulting from a low of 46 to its present tally of 59—a numerical crescendo hinting that the fabled ‘Altcoin Season’ inches toward fruition. Across social media platforms like X, crypto-focused commentators now trumpet with scholarly fervor that this cyclical financial spectacle may soon …
Continue reading “ETH Gains on BTC—Altcoin Season Index Vaults Higher as Crypto Frenzy Escalates”
Grayscale Unleashes Dogecoin Trust—Is This DOGE’s Big Break?
Grayscale has launched a dogecoin trust, signaling DOGE’s evolution beyond meme status. With institutional backing and growing financial relevance, could DOGE be the next big crypto investment? Grayscale Introduces Dogecoin Trust Amid Growing Institutional Interest Crypto asset manager Grayscale Investments announced on Jan. 31 the launch of the Grayscale Dogecoin Trust, a new investment vehicle …
Continue reading “Grayscale Unleashes Dogecoin Trust—Is This DOGE’s Big Break?”