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The platform’s expansion goes beyond cryptocurrencies, incorporating futures contracts for commodities and major market indices to attract institutional traders. Despite regulatory challenges in crypto markets, Robinhood maintains a strategic approach by carefully selecting assets and ensuring compliance. The move aligns with industry trends as major platforms diversify their offerings to include advanced trading tools and…
President Trump has signed an Executive Order to support stablecoins. ECB’s Board member Piero Cipollone believes the EU needs an alternative in the form of a Digital euro. The ECB is yet to decide whether it will issue a digital euro anytime soon. For some reason, the European Central Bank (ECB) believes that banks within…
Bonk, a Solana-based meme coin, is gaining attention amid rising whale support. A whale recently invested $4.29 million, accumulating 204 billion Bonk tokens. Fibonacci levels suggest over 100% upside potential for Bonk to $0.00008189. As Bitcoin creates a new Altima, the meme coin segment is on a bullish surge. The meme coin market cap has…
The Federal Reserve adopts “wait-and-see” approach after three rate reductions, citing steady growth and strong labor market conditions. Chair Powell’s pivot on crypto banking services marks significant policy shift, suggesting end of Operation Chokepoint 2.0 restrictions. The tariff uncertainties and presidential influence create complex dynamics for future rate decisions, with minimal cuts projected for 2025….
The rise of Solana-based meme coins will trigger the next bullish leg for the entire altcoin industry. The Trump administration has convinced both retail and institutional investors that the crypto industry will be a major player in the coming years. The Solana (SOL) network, a top-tier blockchain focused on democratizing smart contracts, has registered palpable…
Staking rewards program is now live on Algorand (ALGO) and validators are receiving rewards in real time. The total value locked (TVL) for Algorand has shot up by 3.8% to $156.79 million in the past 24 hours. ALGO reclaimed the $0.4 price level in the past 24 hours and is now eyeing $0.5, aiming to…
Linea has conducted a Sybil analysis of its hosted wallets. With the help of Nansen, the protocol has flagged over 516,000 Sybil addresses. The protocol wants to get its airdrop campaign right, a feat only possible with non-Sybil addresses. Linea, a layer-2 zero-knowledge Ethereum Virtual Machine (zkEVM) rollup, has removed over half a million Sybil…
KuCoin appoints BC Wong, a seasoned legal expert, as its new CEO. Wong previously secured regulatory licenses as KuCoin’s Chief Legal Officer. The exchange will focus on user-centricity, innovation, and enhanced security under new leadership. Navigating Regulatory Challenges KuCoin’s Growth Trajectory
Company’s strategic stock-to-Bitcoin conversion demonstrates successful leverage of capital markets, with $17.7 billion in unrealized profits from BTC investments. Proposed stock expansion to 10.3 billion shares and positive BTC yield of 1.69% indicate strong momentum in MicroStrategy’s crypto-focused strategy. Institutional impact spreads as companies like KULR and Metaplanet follow suit, while Bitcoin supply on exchanges…
WazirX said it had frozen $3 million in USDT in the fight against cybercrime. The trading platform coordinated with different enforcement agencies to achieve the feat. The exchange’s rivals like CoinSwitch are helping the firm’s users impacted by the 2024 hack. WazirX Poses a Unified Front Against Hackers The Cyberattack: A Blow to Crypto Security