A closely followed crypto analyst is warning that the digital assets market may be heading lower if the correlation between crypto and stocks holds. In a new thread, crypto trader Justin Bennett tells his 115,900 followers on the social media platform X that the crypto market may correct deeper as stocks tumble. “If you use …
Monthly archives: February 2025
Cosmos ecosystem becoming home for RWAs as Ondo Finance reveals new L1
The Cosmos ecosystem is becoming a hub for Real-World Assets (RWAs) with the recent announcement of Ondo Finance’s new Layer 1 blockchain purpose-built for institutional-grade RWAs, Ondo Chain. Ondo Chain was revealed at the Ondo Summit in New York, which featured a surprise closing speaker, Donald Trump Jr. “The future of RWAs in the US …
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Tether and Reelly Partner to Bring Stablecoin Transactions to Over 30,000 UAE Real Estate Agents
Tether has partnered with Reelly Tech to integrate USDT transactions into the UAE real estate market, allowing 30,000+ agents to leverage stablecoins for streamlined property transactions. USDT to Power Real Estate Transactions in UAE Tether, one of the world’s largest stablecoin issuers has announced the signing of a Memorandum of Understanding (MoU) with Reelly Tech, …
Nigeria Embraces Blockchain: SEC Director General Sees Huge Potential for Capital Market Regulation
The director general of the Nigerian Securities and Exchange Commission (SEC) has praised blockchain technology for its potential to improve efficiency and aid in capital market regulation. Blockchain Solutions for Africa’s Challenges Emomotimi Agama, director general of the Nigerian Securities and Exchange Commission, praised blockchain technology, saying it has the potential to improve efficiency and …
Cleanspark Achieves $162 Million in Revenue at $34,000 per Bitcoin Mining Cost
Bitcoin mining firm Cleanspark reported $162.3 million in Q4 2024 revenue, a 120% year-over-year increase. With 10,500 BTC in reserves and a mining cost of $34,000 per bitcoin, the company is expanding operations across the U.S. Cleanspark’s Bitcoin Treasury Grows to 10,500 BTC Cleanspark has announced the release of its Q4 2024 financial results, reporting …
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Bitcoin Primed To Skyrocket To Up to $200,000 by Year-End, According to Marathon Digital CEO – Here’s Why
The CEO of Bitcoin (BTC) mining giant Marathon Digital, Fred Thiel, is leaning bullish on the flagship crypto asset, believing it can more than double its value before 2025 expires. In an interview on CNBC, Thiel says that Bitcoin could go up by over 100% from the current level before the end of the year. …
The Bull Run, Memecoins and the Future of Crypto
HodlX Guest Post Submit Your Post The cryptocurrency market is once again in the spotlight as we witness a new bull run unfold. However, the cycle is evolving this time with unique characteristics that distinguish it from previous market upswings. From the emergence of Bitcoin ETFs to the surge of Solana-based memecoins, this bull run …
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Maple reports no increase in bad debt, $10M inflows amid recent market crash
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events. Over $10 billion was liquidated in a single day, as Ethereum (ETH) …
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FBI Warns: Valentine’s Day to Bring a Surge in Crypto Fraud—Don’t Get Trapped
The FBI warns that scammers are exploiting Valentine’s Day to lure victims into fraudulent cryptocurrency investments, using fake identities and deceptive websites to steal funds. FBI Alert: Crypto Con Artists Are Using Valentine’s Day to Lure in Victims The FBI Philadelphia Field Office is warning the public about a rising trend in crypto-related scams, particularly …
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Coinbase Quietly Becomes a Banking Giant—Now Bigger Than Most US Banks
Coinbase is transforming into a financial giant, rivaling banks and brokerages with $420 billion in assets. CEO Brian Armstrong envisions a future where crypto dominates financial services. Coinbase Surpasses Banks, Envisions a Unified Crypto-Powered Financial System Coinbase (Nasdaq: COIN), the largest publicly traded cryptocurrency exchange in the U.S., has quietly expanded its role in the …
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Ripple: Congress Crypto Clarity Push Is ‘100% a Big Deal’—A Shift Like Never Before
Top U.S. lawmakers have pledged to pass crypto legislation, marking an unprecedented shift toward regulatory clarity. Ripple calls it “100% a big deal” amid industry optimism. Ripple Says ‘100% a Big Deal’—Congress Makes Historic Move for Crypto Clarity U.S. lawmakers are advancing efforts to establish clear regulations for the cryptocurrency industry, following directives from President …
Franklin Templeton’s Crypto Index ETF Edges Closer to SEC Approval
Franklin Templeton’s crypto ETF is set to offer institutional investors regulated exposure to bitcoin and ether, pending SEC approval, with secure custody and no staking risks. Franklin Crypto Index ETF Awaits SEC Approval, Plans to Trade on Cboe BZX Exchange Franklin Templeton filed Amendment No. 2 to its Form S-1 Registration Statement with the U.S. …
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Kanye West Wants to Discuss Crypto With Brian Armstrong
Hip hop mogul and self-proclaimed billionaire Kanye West wants to chat with Coinbase CEO Brian Armstrong about purchasing crypto “without a middle man,” according to a Friday post by the rapper on X. It’s unclear if West currently owns any crypto, but back in 2014, he took legal action against an early memecoin project dubbed …
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New Stablecoin Aims to Bring Regulatory Compliance to Nigeria’s Digital Economy
A coalition of software firms recently launched Nigeria’s first compliant stablecoin, cNGN, which is now included in the Nigerian Securities and Exchange Commission incubation program. Stablecoin to Bring ‘Stability’ to Nigeria’s Digital Economy A coalition of software firms recently launched what has been described as Nigeria’s first “compliant” stablecoin, cNGN. The stablecoin, which is now …
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Traders Pour $6,500,000,000 Into Group of Assets in Just One Week – Here’s Where the Capital Is Going
New numbers show retail investors bought billions of dollars in equity funds last week, as fears over the Chinese AI app DeepSeek triggered major market volatility. Data from Emerging Portfolio Fund Research (EPFR), Haver Analytics and Deutsche Bank shows traders specifically poured $6.5 billion in US technology sector funds in just seven days. Adam Kobeissi, …