Bitfinex analysts said Bitcoin is mirroring traditional markets, and its lack of price momentum has “led to a period of contraction” for crypto markets.
Monthly archives: February 2025
Crypto sentiment sinks to ‘extreme fear’ as Trump says tariffs still on
Crypto market sentiment dived 24 points to “Extreme Fear” on Feb. 25 as US President Donald Trump said 25% tariffs against Canada and Mexico are on schedule.
Citadel Securities eyes market-making role for crypto exchanges: Report
Citadel Securities is reportedly looking to provide liquidity to the crypto markets after years of waiting for the crypto regulatory landscape in the US to improve.
SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action
The top securities regulator in the United States is dropping its investigations into leading retail trading app Robinhood. According to a new announcement from Robinhood, the U.S. Securities and Exchange Commission (SEC) is dropping its investigation into the trading app less than a year after sending the firm a Wells Notice. The SEC sent Robinhood …
Continue reading “SEC Shuts Down Robinhood Investigation Without Pursuing Enforcement Action”
TradFi coalition urges Trump to overhaul ‘restrictive’ Biden-era crypto policies
Leading financial industry groups have urged President Donald Trump’s administration to roll back federal policies they say have restricted US banks from engaging in digital asset markets and warned that regulatory overreach is hampering American leadership in financial innovation. In a letter sent to David Sacks, Special Advisor for Artificial Intelligence and Crypto and chair …
Continue reading “TradFi coalition urges Trump to overhaul ‘restrictive’ Biden-era crypto policies”
SEC Crypto Task Force meets with Saylor, CCI, and MITRE to discuss regulation
The SEC Crypto Task Force met with Strategy executive chair Michael Saylor, representatives from the Crypto Council for Innovation and MITRE Corporation to discuss the best approach to regulating crypto assets in the US on Feb. 21. According to memos shared by the SEC, the task force staff reviewed a framework document defining a crypto …
Continue reading “SEC Crypto Task Force meets with Saylor, CCI, and MITRE to discuss regulation”
Citadel eyes crypto market making expansion amid regulatory shifts
Citadel Securities is reportedly planning to expand into crypto market making, with the aim of providing liquidity on major crypto exchanges, Bloomberg News reported on Feb. 24. People familiar with the matter told the news outlet that the firm is preparing to establish a presence in crypto markets by joining market makers on platforms operated …
Continue reading “Citadel eyes crypto market making expansion amid regulatory shifts”
Memecoins echo ancient belief systems and Jungian archetypes in a digital age – CryptoQuant CEO
CryptoQuant CEO Ki Young Ju said memecoins are not just speculative assets but manifestations of deep-rooted human psychology that have permeated human cultures throughout history. Ju argued that these digital assets align with Carl Jung’s theory of the collective unconscious, which states that recurring symbols and narratives shape human culture and behavior. Ju sees meme …
SEC Drops Robinhood Crypto Investigation
The regulator initiated 125 cryptocurrency-related enforcement actions totaling more than $6 billion in penalties under former Chairman Gary Gensler. U.S. Regulator Abandons Robinhood Crypto Probe Robinhood Crypto (RHC), a division of financial services firm Robinhood, announced on Monday that the U.S. Securities and Exchanges Commission (SEC) has shut down a securities violation investigation it was …
BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?
Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support. Bears …
Continue reading “BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?”
Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts
Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin’s (BTC) volatility spiked briefly on Feb. 21 amid a $1.5 …
Continue reading “Bitcoin’s 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts “
KIP Protocol Denies Involvement in LIBRA Token Launch
KIP Protocol has released an official statement denying any involvement in the controversial LIBRA token launch. The company clarified that it did not initiate or profit from the project and is prepared to take legal action to protect its reputation. No Profits or Prior Knowledge of LIBRA Token Launch KIP Protocol has distanced itself from …
Continue reading “KIP Protocol Denies Involvement in LIBRA Token Launch”
From Skeptic to Player: Citadel Securities Is Planning to Expand Into Crypto Trading
Bloomberg reported that Citadel Securities, led by Ken Griffin, is planning to expand into cryptocurrency trading, capitalizing on President Donald Trump’s pro-crypto stance, which is expected to boost the industry. Previously cautious due to regulatory uncertainties, the firm aims to become a liquidity provider for cryptocurrencies and join major exchanges like Coinbase, Binance, and Crypto.com. …
Report: Ethena Labs Secures $100M From Top-Tier Investors
A recent Bloomberg report reveals that Ethena Labs, the crypto startup behind the yield-bearing stablecoin USDe, has secured $100 million from well known strategic investors. Ethena Labs Garners $100M in Pivotal Funding Round Over the past year, the yield-bearing stablecoin USDe has captured considerable attention, emerging as the third-largest fiat-pegged token by market capitalization. It …
Continue reading “Report: Ethena Labs Secures $100M From Top-Tier Investors”
USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins
Stablecoin issuer Circle announced that its flagship asset USDC and its smaller euro-based stablecoin EURC have both been approved as “recognized crypto tokens” by the Dubai Financial Services Authority (DFSA). The recognition will allow the 6,000 companies in the Dubai International Financial Centre (DIFC), including financial institutions, to use and promote the two stablecoins. USDC …
Continue reading “USDC and EURC Break New Ground as Dubai’s First Officially Recognized Stablecoins”